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Immigration

Immigration

Residency

from €50,000

Live & Work

Yes

Time

3 – 5 Months

Visa Free

Schengen countries
how-1
how-2

Latvia Residency

Why Choose Latvia Residency ?

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.

Benefits of Latvia PR

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.

  • TRN ImmigrationAffordable option for European residency
  • TRN ImmigrationYou can live and work and study in Latvia
  • TRN ImmigrationVisa-free travel in Europe
  • TRN ImmigrationFamily is included
  • TRN ImmigrationEU Long Term Residence Permit
comparison

Minimum Investment in Euro

Comparison of European Residency

Latvia

€ 50,000

Greece

€ 250,000

Malta

€ 250,000

Portugal

€ 280,000

Cyprus

€ 300,000

Spain

€ 500,000

Bulgaria

€ 512,000

Ireland

€ 1,000,000

Top 5 Reasons

About Latvia

1. 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

3. European education

  • Plenty of international schools and universities with English education for international students
  • Latvian universities are highly ranked among the best universities in the world
  • State schools are free

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

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

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 bedrooms apartment for 500 euros in a month
  • An average meal in an average restaurant is about 7 euros

Top 5 Reasons

About Latvia

1. 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

  • Plenty of international schools and universities with English education for international students
  • 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 bedrooms apartment for 500 euros in a month
  • An average meal in an average restaurant is about 7 euros

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

Latvia Residency by Business Investment

What is the process ?

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.