BROCHURE REAL ESTATE INVESTMENT
The investor purchases real estate property with a total value of at least EUR 250,000 and, in return, receives a 5-year residence permit.
The Latvia Residence by Investment Program or Golden Visa, introduced by the Government of the Republic of Latvia in 2010, 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. Latvia became a member of the European Union in 2004 and subsequently joined the Schengen Area in 2007.
Citizenship Invest ensures the highest success rates through experience and a solid track-record with the different Governments. Every year, we help hundreds of individuals and families to acquire a second residency or citizenship by investment. Citizenship Invest successfully helped clients from over 85 countries around the globe. Most importantly, we have a long-term view of ‘client-advisor’ relationships and commit to our clients for life.
Family is included in one application.
Residence permit is valid for 5 years and renewable. Permanent residency can be obtained after 5 years.
No physical residence requirement to obtain residency.
The Latvia residency enables visa-free travel to 27 countries in the Schengen states.
Eligibility to apply for citizenship 5 years after obtaining permanent residency.
Low cost of living and high quality of life.
The right to live, work, and study in Latvia.
Education and Healthcare are free.
The Latvia residency permit allows visa-free travel to 27 European countries in the Schengen Area.
The Latvia residency permit allows visa-free travel to 27 European countries in the Schengen Area.
*The list of countries is subject to variations depending on each government's policy and so is access to these countries.
Applicants have four options to acquire the Latvian Golden Visa:
The investor purchases real estate property with a total value of at least EUR 250,000 and, in return, receives a 5-year residence permit.
The real estate investment can be a residential or commercial property.
The investor can invest capital into an existing Latvian company or create a new business and, in return, receives a 5-year residence permit.
Deposit into a subordinated loan or bonds of a Latvian Bank.
The government bonds, included in Latvia residency by investment, don't provide interest or a return on the investment.
In addition to the required investment, there are other costs for the Latvia Residence by Investment program, which are Citizenship Invest professional fees, documents certifications when applicable, courier fees, and other small disbursements. Please contact us if you wish to receive a detailed quotation outlining all costs.
Citizenship Invest Retainer Agreement signed and first Payment of professional Fees.
Collection of required documents and putting the file together as per Government guidelines.
At this stage the type of investment must selected and paid. Alongside with proof of the investment a document certifying that the necessary financial means to reside in Latvia without working must be submitted.
Clients must travel to Latvia for biometrics taking.
All required documents are submitted at this stage.
Receive your residence permit upon approval.
Only once approved will the Government fee be payable.
Visit Latvia in person within three months to collect your temporary residence permit in the form of an ID card.
Client must also visit Latvia every year to renew residency card and to to re-take biometrics even though residency permit is valid for 5 years.
The estimated time to receive residency approval depends on the due diligence processing time and the specific case
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The main applicant must be at least 18 years old.
The applicant must have a clean criminal record and pass a background check and due diligence review.
The applicant must be in good health and provide a medical certificate.
Visit Latvia in person within three months to collect your temporary residence permit in the form of an ID card.
Citizenship Invest provides efficient and effortless assistance in obtaining Latvian Residence. Our committed Document Collection Specialist simplifies the application process, minimising the required documentation to the essential elements. We strive to make the document collection procedure as straightforward as possible, and if needed, we take care of acquiring the documents without your active participation.
It is important to acknowledge that the requirements outlined below serve as general guidelines. Our team thoroughly assesses your case and generates a customised checklist to meet your needs. A completed request form for your permanent residence permit.
“I am very pleased with the service of Citizenship Invest. They guided me through the entire process and provided excellent support and assistance. I highly recommend them.”
“I had a great experience with the document collection team, they were very detail oriented and made sure to mention everything I needed to know. They also provided great customer service and were very friendly. I would definitely recommend them to others.”
“itizenship Invest is highly recommended for their helpfulness, they answered all of my questions and concerns in a very timely manner, explained all of the processes extremely carefully, and cleared my doubts and concerns multiple times.”
