- LATVIA
- CITIZENSHIP
Latvia Golden Visa
Latvia Golden Visa Program
Investment
Minimum €50,000
Latvia Golden Visa Investment Options
The Latvian Golden Visa investment options include real estate investment, business investment, investment in government bonds and bank deposit. With a minimum investment of €50,000, the main applicant, along with dependent family members, gets a 5-year Latvia residency permit. Latvia Golden Visa investment options are subject to government fees where applicable.
Business Investment
With a minimum investment of €50,000 in a Latvian company paying €40,000 in taxes annually along with €10,000 govt contribution, business investment is the most affordable Latvian Golden Visa option.
Bank Deposit
Latvia Golden Visa by bank deposit requires an investment of €280,000 or more and you can earn interest on your deposit.
Real Estate Investment
Latvia Golden Visa by real estate investment requires €250,000 investment and hold it for 5 years to remain eligible for Latvian residency.
Government Bonds
Purchasing non-interest government bonds worth €250,000 qualifies for Latvia Golden Visa by investment.
Benefits of Latvia Golden Visa
Latvia Golden Visa benefits include Latvia residency for 5 years and travel freedom to 29 Schengen countries. Here are the benefits of Latvia Golden Visa investors:
Visa Free Travel
Latvia residency by investment also known as Golden visa grants visa free access to Schengen states.
5-Year Latvia Residency
Investors get a 5-year Latvia residency by meeting the investment criteria. Good thing is that Latvia residency for Golden Visa investors is renewable.
No Mandatory Stay
No minimum mandatory stay for Latvia residency permit renewal
Latvia Citizenship
Golden Visa of Latvia is a pathway to Latvia citizenship for those who reside in the country for 10 years.
Latvia Golden Visa Requirements
Latvia Golden Visa requirements include meeting at least minimum criteria for investment and other aspects. This includes:
- Main applicant 18 or above
- Meet the investment criteria
- No critical health issues
- No criminal record
- Not from banned countries
Latvia Golden Visa Process
The process of Latvia Golden Visa is a bit different and unique, i.e., instead of first getting the approval, the investor needs to make an investment first and then apply for a Latvia residency permit. Here are the details of process:
Initial Assessment
The process starts from the initial assessment of the main applicant at Saad Ahsan Residency and Citizenship. This involves guiding you about Golden Visa, investment options and preparing for documents.
Investment and Application Submission
The second step involves making investment and application submission. Investment options include real estate funds and donation.
Application Processing
The third step is the application processing by Latvian authorities at the Office of Citizenship and Migration Affairs.
Approval of Golden Visa
After processing, Latvian authorities will approve the Golden Visa application and will issue the residency permit.