Introduction:
Latvia is situated within Europe’s Schengen Area, on the Baltic coast. Riga, its capital, was founded in 1201 and is a UNESCO World Heritage Site. Approximately half of Latvia’s territory is covered by forests, offering many nature trails and parks. Latvia offers excellent transport and cultural links with both Western Europe and Russia. The Latvian Investor Visa is a government-backed immigration program aimed at attracting foreign investors and entrepreneurs looking to make strategic investments in Latvia.
Through this program, eligible applicants can secure long-term residency by meeting specific investment criteria, which may involve investing in businesses or real estate within the country.
This European investor visa features a relatively low investment requirement, starting at €50,000 for business investments or €250,000 for real estate purchases in prime locations like Riga and other major Latvian cities.
Nearly 20,000 investors from all over the world have been accepted into this program since its inception.
History of Latvia golden visa:
Latvia’s Residency by Investment Program is a hidden gem that has existed for years but remains relatively unknown worldwide. Introduced in 2010 as a response to the 2008 financial crisis, this program offers an affordable and fast-track route to European residency.
Compared to other Golden Visa programs in Europe, Latvia’s option stands out for its cost-effectiveness and swift processing. It is often seen as a strong alternative to similar programs in Greece and Portugal, particularly due to its political stability, lower expenses, and straightforward residency requirements. Contact Trek Law today to avail this golden opportunity.
Key facts about latvia
Continent | europe |
capital | Riga |
Currency | Euro |
Population | 1.877 million |
Area | 64,589 km² |
Language | Latvian, english |
Steps Of Getting Latvia Golden Visa
STEP 1
Start your Latvian Golden Visa application by signing the Service Provider Term Sheet.
STEP 2
Client due diligence and compilation of supporting documentation.
STEP 3
Select preferred company from a selection of eligible, pre-screened targets.
STEP 4
Make eligible capital investment (€50K, €250K) or bank deposit (€280K).
STEP 5
Deposit a non-refundable fee of €10,000 to the Latvian Government.
STEP 6
File your application at a dedicated Latvian Embassy
You have to book an appointment (we will assist you) and visit the dedicated Latvian Embassy and file your application.
Step 7
Receipt of residency approval.
All these steps become seamless and stress-free when you choose Trek Law LLP as your trusted immigration expert for Latvia’s Golden Visa!
Benefits of Latvia Golden Visa
Status | |
Timeframe
| 3-4 months |
minimum stay requirement
| No stay for temporary residence |
Visa-free countries
| 172 countries including Schengen and United States (eTA) |
Visa-free Schengen Area
| Yes, entire Schengen |
Family Members Participation | Full family residency |
Tax Implications | As a Latvian resident, you will be liable for PIT (personal income tax) |
Dual Citizenship Allowed | Yes |
Minimum Investment | Euro 50,000 |
Investment Holding Period | 5 years |
Investment Return Period | 5 years |
Document issued | Temporary residence, after 5 years permanent residence and after 5 years citizenship |
Validity of the Document | 5 years for T.R and P.R and 10 years for citizenship |
Conclusion:
Latvia’s Golden Visa program offers an excellent opportunity for investors seeking an affordable and efficient pathway to European residency. With a low investment threshold, fast processing, and visa-free access to the Schengen Zone, this program stands out as a competitive alternative to other EU residency options. Whether for business expansion, enhanced mobility, or a long-term pathway to EU citizenship, Latvia provides a stable and attractive environment for investors and their families.
Get in Touch Now! Our immigration experts are just a call away. Let’s make your Latvia Golden Visa a reality!
