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.

PROGRAM SUMMARY

RESIDENCY BY INVESTMENT PROGRAM

INVESTMENT AMOUNT EUR 250,000 + 5% state fee
INVESTMENT TYPE Real Estate Investment
SPOUSE Yes
CHILDREN Yes (under 18 years of age)
PARENTS No
PROCESSING TIME 3 months (average)
PHYSICAL RESIDENCY REQUIREMENTS Once a year
Must stay 4 years and 2 months for Permanent Residency
LENGTH OF STATUS RECEIVED Temporary Resident Permit (TRP) valid for 5 years
PERMANENT RESIDENCY Eligible after 5 years of Temporary Resident Permit
CITIZENSHIP Eligible after 5 years of permanent residency
SPECIFIC PROGRAM REQUIREMENTS Investment must be made from clear source of funds
Must maintain investment for 5 year period
NATIONALITY DISQUALIFICATIONS Russia
DUAL CITIZENSHIP Yes

YOUR JOURNEY

STEP ONE

STEP GLOBAL does FREE Assessment for Eligibility / Documents are collected from Applicant and application forms are filled out

STEP TWO

Property is purchased and all paperwork if filled out / Property is registered with the Land Register of Latvia / This paperwork along with application and documents are submitted for processing

STEP THREE

Within 30 to 90 days - Approval is obtained / Applicant completes biometrics and visits Immigration Department to obtain Residence Permit ID card

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.