By investing €250,000 into real estate you will get a luxury property with high-end finishes and you’ll be eligible to apply for Latvia Temporary Residence. Demonstrate knowledge of the basic principles of the Constitution of the Republic of Latvia, the National Anthem and the basics of the history and culture. You’ll be pleasantly surprised by the quality of property you can buy in Latvia for €250,000. Latvia residence by investment program was launched in 2010 in order to attract foreign investors. The Latvian residence, amicably called the Latvian Golden Visa, offers the cheapest residency by investment in Europe. No residence or living requirements. Just pay one flat fee EUR 125,000 Government bonds or stocks (financing option). Visa-free travel to Schengen member countries. Acquisition of a residence permit based on investment a Latvian bank is often a superior option for those who are looking to obtain a residence permit while ensuring a stable investment with a guaranteed return, rather than exposing themselves to the possible variable gains sometimes seen when investing in real estate. It’s simple: buy real estate anywhere in Latvia and get a temporary residence permit good for five years. All inclusive price of USD 135,500 for single applicants. And don’t forget that you are not only buying a home for yourself and your family in a beautiful country; this investment will secure your future as it will help you get Latvia permanent residence and a European passport. One of the fastest routes to a European passport for the whole family. Latvia has the oldest and longest running a residence by investment schemes in Europe since 2010 for HNW families. Latvia Residency: Property Investment. Over 15,000 Golden Visas has been granted since the program’s inception. The new limit introduced in 2014 applies to the first 800 applicants. From May 2010 two new options (buying realty object or banking deposit) were introduced into Latvian legislation. Investors can gain a five year residency permit by investing €250,000 in property. Permanent residence permit for 5 years. Latvia is a baltic schengen member country which joined the European Union in 2004. There are investment opportunities for all budgets available with the benefit of getting residency in Europe. The associated expenses can be paid in stages over the course of five years. This website uses cookies to improve your experience. We offer residence program in Germany for 50K business investment plus 30K legal fee. Malta offers Permanent Residency in Europe with 5 year schengen residency for just EUR 125,000 (all inclusive costs) through the Residency bond financing scheme. Although the Latvian residence permit by employment or by Assuming board members position are other common methods. Family members are included, meaning, spouse and children under the age of 18. Answer: Yes, there are similar programs in Bulgaria, Cyprus, Greece, Spain and Portugal. A residence by investment program is another way of obtaining temporary and permanent residence when you are required to invest in a country of your future residence. All dependent family members can apply for Latvia Residence Permit together with the main applicant. Latvia Golden visa offers the cheapest real-estate investment in Europe. How to get a Latvia residency by investing in property? Наш специалист свяжется с вами сегодня или на следующий рабочий день. Under the direct investment option, minimum investment required is € 50,000 with € 10,000 state fee and associated expenses. Get second citizenship by investment for the whole family with access to beneficial taxation and visa-free travel. Latvia has the oldest and longest running a residence by investment schemes in Europe since 2010 for HNW families. You and your family do not have to live in Europe prior to applying for Latvia residence permit. We will help you find your ideal home through our trusted real estate agents in Latvia, close a deal and settle there with comfort, confidence and security. Please fill the form below to make an appointment. In return, you receive a residence permit in Latvia. Since 2010, Latvia has been issuing residence permits to foreign nationals in exchange for investment in the country's economy. Latvia allows dual citizenship, so you do not need to renounce your current citizenship to become a Latvia citizen. All price inclusive. Temporary residence permit for 5 years and renewable. Latvia introduced its golden visa programmein 2010. If you have already a schengen visa, you can visit the migration office in Latvia to collect your residence permit. Top floor flats have access to large roof terrace, while ground floor residents have an advantage of their own private gardens. The application process for residence takes 30–90 days. Due to the revolutionary amendments to immigration law, Latvia offers the opportunity to become resident in a Schengen Area member country with minimal bureaucratic requirements. This step was taken as a reaction... Latvia has the cheapest golden visa program in Europe. Latvia is a beautiful country with its own unique identity, culture, traditions and customs. Third-country nationals often obtain temporary residency permits by way of investment. Or fill out one of the forms below Residence permit program in Latvia based on business investment offers foreigners great opportunities to invest their financial means in a new or existing business in Latvia with the aim of obtaining country’s residency. Latvia is a very popular program among Russian nationals. To be eligible the main applicant must be 18 and older. Residence permit in Latvia based on financial investment in a Latvian bank. Информацию об обработке ваших персональных данных вы можете найти в нашей Политике конфиденциальности. A residence permit is a document providing a foreigner the rights to reside in the Republic of Latvia for a definite period of time (a temporary residence permit) or permanently (a permanent residence permit). If you wish to sell your flat later, rising housing prices will make sure you capitalise on your investment. Latvia provides the cheapest investment option to immigrate to Europe. Book a consultation today. If your budget is limited, simply invest in a trusted Latvian company, pay the fees, and get a European residence permit within three months. Felicity Apartments is a six-floors building of beautiful modern flats in the historical centre of Riga, Latvia. One of our qualified advisors will get back to you today or next business day. Latvia Residency By Investment Program. Established in 2010, the Latvian residency by investment program has been massively popular among foreign investors and entrepreneurs seeking to establish a footprint in Schengen Europe. After a further 5 years of holding permanent residence, they become eligible for Latvian citizenship. Holding a Residence Permit in Latvia entitles the investor to the following benefits: Permission to reside in the country for a period longer than 90 days. Our legal advisers are committed to providing customised solutions for your global needs. We are to only offer other programs instead of Latvia. Additional costs for family members. In the fifth year, we will file the permanent residency application for him/her and family members. Мы перезвоним и подтвердим вашу запись. The Latvian real estate market is stable and prospering; prices are steadily increasing. We'll assume you're ok with this, but you can opt-out if you wish. EUR 250,000 investment through purchase of Residency bonds issued by Government. Our immigration lawyers offer a long-term support to foreign investors from initial visa application till getting British passport. Additional costs apply for family members. Second residency in Latvia by purchasing real estate. In Bulgaria and in Cyprus the minimum threshold is EUR 300,000. Latvia immigrant investor program (Latvia golden visa) Residency by investment scheme in Europe. The Latvia RBI program provides a 5-year resident permit to approved applicants, after which they can apply for permanent residence. Health insurance for 1 year after the permit is granted. In addition there is a government processing fee of €25,000 or 5% of the property value. If you want to move to Latvia under the Residency by Investment Scheme, the investment conditions start at 500,000 euros. This is the most straightforward program. The building includes 62 residential apartments and some commercial spaces on the ground floor. Latvia, a small Baltic country with a full EU and Schengen zone membership, offers an uncomplicated investment residency program for yourself and your family. By continuing to browse this website you are giving implied consent. EUR 90,000 in a new Latvian business. Greece requires the same amount of property investment as in Latvia – EUR 250,000. This European Golden visa program offers EU residency and citizenship in exchange for investment in real estate. We will contact you back to confirm your consultation. In addition to requirements given above, applicants must comply with and have the following: If you decided to start your life in Europe and would like to apply for Latvia permanent residence, you must live in Latvia for at least 4 out of the last 5 years after obtaining a Latvia residence permit. Note: Due to Covid-19, We have discontinued all services in Latvia. 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