Latvia is an independent republic in the Baltic region of Northern Europe. It is a highly developed country as per the United  National Human Development Index. Latvia is a member of the European Union, NATO, the Council of Europe, the United Nations, CBSS, the International Monetary Fund, NB8, NIB, OECD, OSCE, and WTO. The country is considered a high-income country.

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BENEFITS OF THE PROGRAM:
  • No stringent physical residency requirements (can be a passive investor)
  • Temporary Residence Permit allows for visa free travel
  • Visa Free Travel to 154 countries worldwide

PROGRAM SUMMARY

Business Migration Residency Permit

INVESTMENT AMOUNT EUR 60,000 (Minimum)
INVESTMENT TYPE
Business in Latvia
SPOUSE Yes
CHILDREN Yes (Under 18 years of age)
PARENTS No
PROCESSING TIME
30 to 90 days
PHYSICAL RESIDENCY REQUIREMENTS
7-10 days annually to renew Temporary
Residence Permit
LENGTH OF STATUS RECEIVED 1 year renewable
(will only be renewed if business is still running)
PERMANENT RESIDENCY After 5 years on TRP
CITIZENSHIP
After 5 years of Permanent Residency
SPECIFIC PROGRAM REQUIREMENTS
Proof of managerial expertise in order to
qualify
NATIONALITY DISQUALIFICATIONS No
DUAL CITIZENSHIP Yes

YOUR JOURNEY

STEP ONE

STEP GLOBAL does FREE Assessment for Eligibility / Applicant’s document are collected / Business plan and other business documents are Registered / Application is submitted to Government Department for Review.

STEP TWO

Within 30 to 90 Days - Application is approved / Applicant transfers required capital to Latvia.

STEP THREE

Applicant visits Immigration Department for biometrics and to obtain Residence Permit.

Contact Us

Invest in your future

STEP GLOBAL offers a uniquely tailored package catered to each individual's background and requirements, in an effort to create a brighter future for you and your family.