─── LATVIA ───
PROGRAM OVERVIEW
I LATVIA RESIDENCY LAW
The legislation upon which the program is based is the Immigration Law Section 23, Paragraph one, Clause 28.
PROGRAM BENIFIT
LATVIA VISA FREE COUNTRIES
Latvia residency allows visa-free access to Europe including 33
countries in the Schengen zone.
Austria
Belgium
Bulgaria
Croatia
Cyprus
Czech Republic
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Iceland
Italy
Latvia
Liechtenstein
Lithuania
Luxembourg
Malta
Monaco
Netherlands
Norway
Poland
Portugal
Romania
San Marino
Slovakia
Slovenia
Spain
Sweden
Switzerland
Vatican City
INVESTMENT TYPE & COST
Applicants have two options to acquire the Latvian Golden Visa:
APPLICATION PROCESS AND TIMELINE
Beginning the process
Government evaluation and investment process
Receiving Latvian Residency
ELIGIBILITY REQUIREMENTS
REQUIRED DOCUMENTS
I VISA SERVICES has a designated Document Collection Specialist for every case. Our firm provides a customised service streamlining the application process by only requesting essential client information. Our primary goal is simplifying the document collection procedure and minimising client involvement. When necessary, we take the responsibility of obtaining the required documents on behalf of the client. Please be aware that the following list serves as a general guideline, as IVS prepares a personalised checklist based on a thorough assessment of each individual case.
-
Personal and Identification Documents
- A completed request form for the permanent residence permit.
- Proof of applicant’s sources of income and ability to invest.
- In the case of family members, certified copies of marriage and birth certificates.
- Original passport, along with a photocopy.
- Two passport-size photos for each family member.
- CV of investor and spouse.
- Evidence of valid health insurance plus certificate of clearance from tuberculosis.
- Evidence of lack of criminal convictions.
- Utility bill not older than 3 months.
- Proof of residential address.
- Receipt demonstrating payment of relevant fees.
- Documents certifying the business investment.
FAQ
Frequently Asked Questions
-
What are the costs of the Latvia residency by investment program?
The costs involved for the Latvia residency by investment program depend on the applicant’s investment choice. The minimum cost is EUR 50, 000 + Government Fees.
-
Who is eligible for the Latvia residency by investment program?
To be eligible for the Latvia Residency by Investment program, the Main Applicant must be at least 18 years old and can include their spouse, children under 18 and parents who are dependent on the applicant.
-
Are holders of residency in Latvia through investment allowed to work in Latvia?
The Latvia residency by investment program allows investors to work in Latvia.
-
Does Latvia Residency lead to citizenship?
Applicants are eligible to apply for Latvian citizenship after 5 years of permanent residency. Applicants must pass a language exam and a history exam.
-
What investment options are available under the Latvia residency by investment program?
Applicants have four investment options: purchasing real estate, investing in a business, purchasing bonds, or investing in the subordinated capital of credit institutions.
-
What is the Latvia residency by investment program?
The Latvia Residence by Investment Program offers foreign investors the opportunity to obtain residency through several options, such as purchasing real estate, investing in a business, purchasing bonds, or investing in the subordinated capital of credit institutions.
-
Does Latvia allow Dual citizenship?
Latvia only allows dual citizenship for permitted countries.
-
What are the benefits of the Latvia residency by investment program?
The Latvia Residency by Investment Program presents various benefits catering to potential investors. These advantages range from the right to live, work, and study in Latvia to including family members in a single application. Moreover, the absence of education attainment and physical residency requirements, combined with the pathway to permanent residency and citizenship, provide participants with a clear and favourable framework for establishing their lives in Latvia.
-
How long does it take to process a Latvia residency by investment application?
It takes about 3-4 months to process a Latvia residency by investment application.
-
What are the requirements for the Latvia residency by investment program?
The documents required for the Latvia residency by investment program include: A completed request form for the permanent residence permit, proof of applicant’s sources of income and ability to invest, certified copy of marriage certificate and birth certificates, original passport along with a photocopy, one passport-size photo, evidence of valid health insurance plus certificate of clearance from tuberculosis, evidence of lack of criminal convictions, Proof of the residential address, receipt demonstrating payment of relevant fees, documents certifying the business investment.
-
What are my next steps if I am interested in the Latvia residency by investment program?
Contact I VISA SERVICES sign the Retainer Agreement, and pay the first fee to start your application today.