Latvia
Investment Options for Latvia Residency
Latvia residency program requires investing in a business . There are two available options based on the size of the company:
Option 1 | Option 2 | |
Investment Amount | Atleast €50,000 | Atleast €100,000 |
Company Size | Fewer than 50 | More than 50 |
Annual Turnover | Below €10,000,000 | Exceeding €10,000,000 |
In both options, an additional government fee of €10,000 and application fees mentioned below are required.
Application Fees
Standard (within 30 days) | €160 per person |
Accelerated (within 10 working days) | €280 per person |
Urgent (within 5 working days) | €560 per person |
Consular Service Charge (applicable If the application is submitted through an embassy or consular mission abroad | €140 (approx.) per person |
In addition, other fees associated with the application that should be paid include legal expenses, professional fees, document legalization, and other miscellaneous costs.
With the new immigration law, Latvia Golden Visa introduces fund investment route.
Investment Amount | €150,000 |
Government fees paid once | 5% of the property price |
Application Fees
Standard (within 30 days) | €160 per person |
Accelerated (within 10 working days) | €280 per person |
Urgent (within 5 working days) | €560 per person |
Consular Service Charge (applicable If the application is submitted through an embassy or consular mission abroad | €140 (approx.) per person |
In addition, other fees associated with the application that should be paid include legal expenses, professional fees, document legalization, and other miscellaneous costs.
Latvia residency program requires making an investment of at least €250,000 in Latvian government bonds and hold it for 5 years.
Investment amount | €250,000 |
State fee | €38,000 |
Application Fees
Standard (within 30 days) | €160 per person |
Accelerated (within 10 working days) | €280 per person |
Urgent (within 5 working days) | €560 per person |
Consular Service Charge (applicable If the application is submitted through an embassy or consular mission abroad | €140 (approx.) per person |
In addition, other fees associated with the application that should be paid include legal expenses, professional fees, document legalization, and other miscellaneous costs.
Other requirements:
- The main applicant and all dependents included in the application must have valid health insurance with medical cover in Malta.
- At the time of application, the main applicant must prove that he or she has assets of at least €500,000, of which €150,000 must be in monetary financial assets such as savings, bank deposits, stocks and bonds.