Investment Residence Options in Latvia
Top 5 Benefits of Latvia PR
Latvia is considered one of the most beautiful and greenest countries in the world. The country is a great place to settle and live; almost everyone speaks English.
Latvia has developed an immigration project and plans to adopt new regulations . Start your application now to be able to obtain your permit in very good conditions.
What are the main advantages of public relations in Germany?
​
1. The cheapest option for European residency
The Business Investment Option is the only EU residence permit that costs less than a fifth of other EU investment visa options.
2. You can live, work and study in Latvia
With a Latvian residence permit, you can settle in Latvia, live and work (get a job) in a highly developed European country. Your children will receive a European education and you can even start a European company.
3. Travel without a visa in Europe.
Latvia is part of Europe's Schengen area , allowing you to travel freely throughout Europe without the need for a Schengen visa.
4. Family is included
Your spouse and minor children up to the age of 18 will also receive a residence permit. In addition, you can invite your relatives for visa applications, up to and including the second degree.
5. EU long-term residence permit
You can apply for long-term resident status in the European Union after living in the country for 5 years. You can then move to another EU country; you can live, study and work there , such as in Germany or the Netherlands. After a total of 10 years, you can apply for Latvian citizenship .
​
Reasons that Latvia is Amazing
Although Latvia does not necessarily come to one’s mind when choosing the dream destination for living, it has many advantages to consider.
​
Latvia has a moderate climate, with summer temperatures rarely reaching 30 degrees. There are no severe or minor earthquakes, hurricanes or flooding. All lakes and rivers of Latvia are suitable for swimming and fishing. Half of Latvia is covered with forests. Latvia is 2nd greenest country in the European Union, according to WHO and the European Environmental Agency.
​
Riga, the capital of Latvia, is indisputably the largest city in the three Baltic States and one of the ‘greenest’ cities in the region. Riga International Airport is the largest air transportation hub in the Baltics, offering regular direct flights to around 100 destinations. As Latvia is a member of the Schengen area, flying to another European country is as easy as taking a local city bus.
​
Latvia is also a fully integrated member of all major economic and political structures — including the European Union, NATO, WTO and OECD — advancing trade, peace and freedom in Europe and the world. Its position in the global market offers investors both opportunity and stability. Latvia is ranked #2 out of 38 in the OECD’s International Tax Competitiveness Ranking and #19 in the general Ease of Doing Business survey.
​
​
What are the investment options in Latvia?
We help you find the best solution
BUSINESS INVESTMENT
-
Cheapest European Option
-
€50,000
-
Several options
-
Time: 3-4 months​
PROPERTY
-
Emerging property market
-
From €250,000
-
Not overpriced
-
Time: 3-4 months
BANK DEPOSIT
-
8% interest!
-
From €280,000
-
Guaranteed by the bank
-
Time: 3-4 months
5 curiosites about Latvia
1. It is one of the greenest countries in the world
-
Plenty of fresh water: 3,000 lakes and 12,000 rivers
-
Over 50% of its territory is covered with forests
-
Ranked second according to the worldwide Environmental Performance Index (EPI) by Yale University
​
2. High quality of life
-
Moderate climate: Summer temperatures do not exceed 30 degrees Celsius — no hurricanes, no earthquakes, no floods
-
Top-level healthcare services
-
The crime rate is very low, and safety is very high in Latvia
​
3. European education
-
There are plenty of international schools and universities with English education for international students, see Latvia education
-
Latvian universities are highly ranked among the best universities in the world
-
State schools are free
​
4. Moderate cost of living
-
Cost of living in Latvia is 33.71% lower, rent in Latvia is 54.12% lower than in France
-
You can rent a 3 bedroom apartment for 500 euro in a month
-
An average meal in an average restaurant is about 7 euro
​
5. Latvians are friendly
-
Latvia is the 14th most liberal country in the world, according to MoveHub
-
According to US News, Latvia ranks 26th among countries that care about human rights, gender equality and religious freedom
-
Almost everybody speaks English