After that the investment limit rises to €500,000. This step was taken as a reaction... Latvia has the cheapest golden visa program in Europe. In the fifth year, we will file the permanent residency application for him/her and family members. Fastest Vanuatu passport within 1 month. When it comes to the size of investment required, there are two possible options, but since the changes to the immigration law that took place on September 1st 2014, the second option becomes almost impossible to accomplish. Personal income tax rate at 23 %. Min $900,000 EB5 Approved Investment Full family USA Residency + Green Card. At the time of writing the homepage of Latio, one of the leading Latvian realtors, boasts around 1,300 advertisements which would allow buyers to qualify for a Golden Visa. Latvia’s programme is a highly ranked world residence program on a large number of factors including quality of life, tax, visa-free access, time and effort required to get the visa. Latvia joined the European Union in 2004 and is a full EU member country. Investment to get Residence Permit in Europe. All inclusive price of USD 135,500 for single applicants. Introducing the Republic of Latvia which can be described as a small, peaceful Baltic State with beautiful landscapes, located between Lithuania and Estonia, on the shore of the Baltic Sea.According to statistics, the population of Latvia is currently estimated at … Latvia, one of the smallest countries in Europe, is fast becoming one of the most sorts after countries for immigration to Europe. Qualifying Investors who complete a successful application receive a residence permit for an initial period up to 5 years, with further extensions possible. Latvia Business Immigration Affordable and reliable immigration to Europe by Business Setup in Latvia. Our specialty is investment into the share capital of a Latvian company, real estate acquisition, and investment in government bonds. Inclusion of Family Member: Latvia Investor Residence Programme Family members are included, meaning, spouse and children under the age of 18. Proof of planned accommodation in Latvia. EUR 90,000 in a new Latvian business. Latvia residence by investment. Latvian immigration law provides for the issuance of temporary residence permits to immigrant investors who commit to investing in: Equity Investment in new or existing company; Real Estate; Deposit in a credit institution; Investment in Bonds. Latvia Investment Immigration Programs Overview. Vija Gailite, Latio’s head of sales, said the average Russian buyer was “a middl… EUR 250,000 plus 5% state fees. It wasn’t that there weren’t enough properties to go around; Riga’s steeple-studded skyline is once again dotted with cranes. UK. See the official Latvian government website. The amount of investment is estimated at around 13.5 million lats. The company must employ at least 50 employees and have at least 10 million EUR of annual turnover. Latvia attracts large number of investors and corporates to invest in real estate, because of cheap prevailing real estate prices and affordable cost of living. Latvia is a baltic country in the northern Europe. Invest €50,000 into Share Capital of an established company. €1 million Full family residency No requirement to reside Purchase a non-commercial Real Estate from €250,000. It is possible to receive residence permit for up to 5 years in Latvia and for up to 1 year in Lithuania, that can be renewed at … We have a professional team that will guide you about all the legal and tax implications. Latvia PR by Business Investment. We'll assume you're ok with this, but you can opt-out if you wish. This can be accomplished through different types of investment options including real estate, government bonds, establishing a business, development programs, etc. Family members are included, meaning, spouse and children under the age of 18. Please note that the minimum investment into share capital of an existing Latvian company is EUR 50.000 A State fee of EUR 10.000 is payable and associated expenses for application and renewals of ID card. Secure investment in Government Bonds from €250,000. b. Application form of residence permit. Citizenship by investment. However, to qualify with this smaller investment, there are additional requirements: you must invest in the equity of a joint stock company or a limited liability company, and this company has to pay taxes in the amount of not less than EUR 40,000 per year. Necessary subsistence Proof (as of 1 April 2015). Acquisition of a residence permit based on business investment is most suitable for those who wish to establish or develop their business within the European Union, while taking advantage of the benefits of having legal residency within the EU - with all the convenience that it brings in terms of travel. Cheapest European golden visa scheme. The second option is contributing EUR 150,000 to the equity of a Latvian company (joint stock or limited liability company). While this option requires a greater initial investment, the advantage is that there are no requirements as to the amount of taxes that the company pays annually. Read More I believe that it's the best investment we have ever done! The program was launched on 1 July 2010 by the Latvian government as an initiative to sustainably … EUR 250,000 investment in Government bonds. Permanent residence permit for 5 years. Latvia Residency by Investment Programme. Read More. Fastest Vanuatu passport in 1 month. (read more). The Latvia Immigrant Investor Program offers 4 investment options including a real estate investment option. The Caribbean country of St Lucia offers the best and low cost citizenship by investment programs in the world. A residence permit in Latvia based on investment in business is more suitable for those who wish to establish or develop their business in the countries of the European Union. Latvia is a baltic schengen member country which joined the European Union in 2004. EUR 250,000 investment through purchase of Residency bonds issued by Government. The first option is a contribution to the equity of a Latvian company in the amount of more than EUR 35,000. With your residence permit in Latvia, you may stay in Latvia for as long as your permit is valid. Contact us 0323-7686666; Working time Mon - Sat: 10:30 - 18:00; Home; Countries. Note: Due to Covid-19, We have discontinued all services in Latvia. Document confirming state duty payment. The Ireland Immigrant Investor Program was established in 2012 to allow wealthy individuals and families from outside the European Union to obtain residency in Ireland in exchange for making an approved investment in the Irish economy. Latvia Investment Immigration Program. Temporary residence permit for 5 years and renewable. Under the direct investment option, minimum investment required is € 50,000 with € 10,000 state fee and associated expenses. Baltic Legal offers useful advice and high quality legal support for obtaining temporal residence permit in Latvia and Lithuania through investments. All price inclusive. Latvia, one of the smallest countries in Europe, is fast becoming one of the most sort after countries for immigration to Europe. Please do not hesitate to contact us using his form for a free consultation. Citizenship by Investment in Latvia October 27, 2018 October 27, 2018 latviaimmigration Latvia’s immigrant investor visa program has been running since 2010 and is one of the cheapest programs to immigrate to Europe with family. - Investment of at least €100,000 in the equity capital of a capital company, which together with one or several subsidiaries registered in the Republic of Latvia employs more than 50 employees and total annual turnover or annual balance thereof exceeds €10 million. Portugal; St Lucia; Spain; Monaco; UK; Ireland; Antigua Barbuda; St Kitts Visa for whole family. If your budget is limited, simply invest in a trusted Latvian company, pay the fees, and get a European residence permit within three months. Latest news related to immigration by investment programmes. Visa free travel to EU countries. Fast, easy and affordable option to get a european residence permit. Upon processing, the Office shall issue a Letter of Invitation after which the investor is required to finalize the mandatory investment. Additional costs apply for family members. Get 5 years European Temporary Residence Permit for all family in less than 5 months. The Latvia residence by investment program was first introduced in 2010. Ireland Investment Visa. Choosing correctly between these two options may be strategically important when it comes to making plans for your future business. Just pay one flat fee EUR 125,000 Government bonds or stocks (financing option). Permanent residence in Latvia. Malta – The Cheapest European Golden Visa Program, Latvia has 19th strongest passport in the World, Over 4300 Golden visas issued to foreign investors in Latvia, Quick introduction to Latvia investors residence scheme, Latvia citizenship through naturalization, Latvia celebrates the 100th Birthday of the State. Some Russian websites continue to advertise the Latvian program. 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