Why Latvia? - Hero Section

Why Latvia?

Discover the strategic advantages of establishing your business in the heart of the Baltics.

Why Latvia Interactive Section

Latvia: The Smart Choice for EU Expansion

From business advantages to residency, investment, and lifestyle.

Residency Program Benefits

Unrestricted Travel: Enjoy visa-free travel to all Schengen countries.
Access to Social Services: High-quality healthcare and education services.
Inclusion of Family Members: Your spouse, children, and parents can be included in a single application.

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Business Advantages

Fast remote Simple Registration: Incorporate in as few as 3 days, without traveling to Latvia; non-residents can fully own the business.
Developed IT: High internet speeds, strong GDPR protection, digital services including e-signatures and e-reporting.
Favorable Taxes: 0% tax on reinvested profits (25.5% only when distributed); 0% VAT on deals with EU companies.

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Investment Options

€50,000 Equity Investment: The most affordable investment category across all EU Golden Visas.
Other Options: €150,000 investment into a state managed alternative ivestment fund.

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Lifestyle & Security

Excellent Lifestyle: A robust economy, great job opportunities, and beautiful natural landscapes.
Peace & Hospitality: A safe and welcoming environment for you and your family.
Security: Full protection under the legal frameworks of the European Union and NATO.

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Unrestricted Travel: Enjoy visa-free travel to all Schengen countries.
Access to Social Services: High-quality healthcare and education services.
Inclusion of Family Members: Your spouse, children, and parents can be included in a single application.

Simple Registration: Incorporate a company in just one day.
Free Trade: Full access to EU, OECD, and WTO markets.
Developed IT: One of the highest internet speeds and strong GDPR protection.
Favorable Taxes: 0% VAT on deals with EU companies and income tax is paid only on dividends.

€50,000 Equity Investment: The most affordable investment category across all EU Golden Visas.
€150,000 Investment fund: Investment into a state run alternative investment fund.

Excellent Lifestyle: A robust economy, great job opportunities, and beautiful natural landscapes.
Peace & Hospitality: A safe and welcoming environment for you and your family.
Security: Full protection under the legal frameworks of the European Union and NATO.

Latvia Residency by Investment - the Application Process Section

Latvia is home to one of the EU's quickest and simplest temporary residence permit programmes. Here’s a summary of the key steps.

The first step is to gather all necessary personal documents for the application. This includes:

A full copy of your passport.
A completed residence permit request form.
A recent photography.
A statement on punishability (criminal record check) from your country of citizenship or residence.

You must provide a document certifying the necessary financial means to support yourself and any accompanying family members.

The final stage involves submitting the application and paying the state duty.

Provide a document confirming the state duty payment.
Application processing time is typically 2 to 4 months.
The temporary residency is granted for a period of 2 years, with a full renewal after that.