Why Latvia? - Hero Section

Why Latvia?

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

Why Latvia Interactive Section

Why Choose Latvia?

A strategic choice for international entrepreneurs looking for an EU base.

Unlock Europe with the Golden Visa

  • 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.
Learn More

A Liberal & Modern Business Hub

  • 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.
Learn More

Most Accessible Residency-by-investment in Europe

  • €50,000 Equity Investment: The most affordable investment category across all EU Golden Visas.
  • €250,000 Real Estate Investment: A secure and popular option.
  • Other Options: Including capital deposits in a Latvian bank and investments in special-purpose bonds.
Learn More

Quality of Life & Stability

  • 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.
Learn More

Unlock Europe with the Golden Visa

  • 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.
Learn More

A Liberal & Modern Business Hub

  • 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.
Learn More

Most Accessible in Europe

  • €50,000 Equity Investment: The most affordable investment category across all EU Golden Visas.
  • €250,000 Real Estate Investment: A secure and popular option.
  • Other Options: Including capital deposits in a Latvian bank and investments in special-purpose bonds.
Learn More

Quality of Life & Stability

  • 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.
Learn More
Latvia Residency by Investment - the Application Process Section

Latvia Residency by Investment - the Application Process

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

Paperwork Needed

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.

Financial Subsistence

You must provide a document certifying the necessary financial means to support yourself and any accompanying family members.
  • Required subsistence for an adult: €700 per month.
  • Required subsistence for a minor: €150 per month.

Submission & Timeline

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 initial temporary residency is granted for a period of 5 years, with annual renewal.