Latvia is a developed country, with a high-income advanced economy; ranking very high on the Human Development Index. It performs favourably in measurements of civil liberties, press freedom, internet freedom, democratic governance, living standards, and peacefullness. Latvia is a member of the Union, Eurozone, NATO and Schengen countries. Latvia is considered the 19th easiest country to do business according to the World Bank.
Latvia is regarded as one of the most beautiful and green countries in the world. The country is excellent place to live, and almost everybody speaks English.
WEEK 1
Engage With Us
Once you have decided to start your Latvian business investment, you have to sign a contract with us and transfer the first instalment of the administration fee.
WEEK 2
Invest 50,000 euros in a Latvian company
You invest your money in the equity capital of a trusted company (we suggest our Latvia-India project) for 5 years. Your investment is guaranteed for this period. The company issues the invitation letter, which is required at the time of application.
WEEK 3
Collect the documents
You should collect and legalise all the required documents (see above). We prepare the application form and other governmental documents.
WEEK 6
File your application at a Latvian Embassy
You have book an appointment (we assist you) and visit the dedicated Latvian Embassy and file your application
WEEK 10
Travel to Latvia and get your residence card
After your permit has been granted, you pay the government fee, the balance of the administration fee and receive your residence cards. You and all of your family members, included in your application, should travel to Latvia to obtain the residence permit cards.
YEAR 5
Permanent residency
If you live in Latvia for 5 years, you can apply for permanent residency (Latvia PR). Or you can renew your temporary residence permit.
EU Long Term Residency
You can be a long term resident of European Union status after 5 years of living in Latvia. As a result, you may move to another EU country, you can live, study and work in that country, like Germany or Netherlands.
YEAR 10
Citizenship
If you live in Latvia for 10 years, you can apply for Latvian citizenship, and you will be an EU citizen.