Bank Deposit Investment. It is not applicable to citizens of the European Union since they enjoy the right of free movement and residence within the EU. What is important, and plain as day, is that the investment immigration industry in Europe has grown immensely. Invest €50,000 into Share Capital of an established company. The qualifying limit for the golden visa in Latvia was doubled to €150,000 and that limit applies to just the first 800 visas each year. Slovenia, on the other hand, doesn’t have a Golden Visa program per se. Latvia offers golden visa to foreign investors against investments in business or real estate in Latvia. We specialize in obtaining residence permit through investment (commonly known as Golden Visa) for foreign nationals. The currency is Euro. Permanent residency for spouse and children, No requirement to live in Latvia (visit once a year), Qualify for permanent settlement in Europe. So, what do you need to do in order to start? Visa-free travel in Europe Latvia is part of the Schengen zone of Europe, allowing you to travel freely throughout Europe without the need for a Schengen visa. Latvia offers €250,000 real estate or bond option like Greece. If you do not have enough money or do not want to spend a lot, but you care about comfort and safety, the Republic of Latvia is worth considering. We'll assume you're ok with this, but you can opt-out if you wish. The business investment and the government bonds are the most popular options for latvian golden visa scheme. Latvia provides the cheapest investment option … It is one of the most affordable investor visa schemes in Europe. Some Russian websites continue to advertise the Latvian program. Personal income tax rate at 23 %. Vija Gailite, Latio’s head of sales, said t… There is a special program operating in the country to attract foreign investments – Latvia Golden Visa. Latvia has the oldest and longest running golden visa or residence by investment schemes in Europe for wealthy HNW families. There is also a one-time fee of EUR 25,000. In 2014, a new limit introduced in 2014 to the first 800 applicants. Latvia golden visa scheme initially launched in 2010 offered residency to foreign investors who invested in business, real estate or purchase of securities. Home Latvia Golden Visa. We take care of all the procedures. In Latvia the minimum investment in property for the “Golden Visa” residency program doubled, from 71.000 euros to 150.000 plus there is a new 25.000 euros fee. You may deposit 280,000 EUR as a subordinate liability in a Latvian bank, and pay the government fee. Some of the benefits of immigration to Latvia are. With Portugal’s Golden Visa Program becoming more inefficient by the minute, investors looking for EU residency have turned to Latvia. At the time of writing the homepage of Latio, one of the leading Latvian realtors, boasts around 1,300 advertisements which would allow buyers to qualify for a Golden Visa. Family and children receive european residence. For this, we have at your disposal a dedicated team that speaks multiple languages. It does, however, enable foreign nationals to gain residency by making an eligible business investment, which could also have a property component. Latvia golden visa scheme was started in 2010 since then the scheme has become most popular golden visa scheme in Europe offering path to Latvia citizenship after 9 years of living. Your family is included Your spouse and your minor children up to age 18 will also receive a Latvian residence permit. Latvia Immigration Investment. The Latvian bank deposit is a safe and profitable investment option. Investors can gain a five year residency permit by investing €250,000 in property. Thirdly, Latvia also has cheapest golden visa scheme but many clients do not find Latvia attractive as above countries. Over 15,000 Golden Visas has been granted since the program’s inception. You have to visit Latvia while renewing the permit, takes 7-10 days. October 29, 2018 October 29, 2018 latviaimmigration. If the foreigner wants to apply for “permanent residence permit” after 5 years, he/she must have continuously stayed in Latvia for 4 years and 2 months for the past 5 years. Latvia Golden Visa Latvia is a baltic schengen member country which joined the European Union in 2004. We will contact you as soon as possible. One of Europe’s oldest – dating back to 2010 – Latvia’s golden visa had its heyday in the years between 2012 and 2014. Non EU citizens also have to fulfill one of the below criteria to receive Temporary Residence Permit (TRP) based on investment activity such as real estate, board member or director in a company or bank deposit. Latvia investor visa from €50,000. We prepare all the required documents and help you and your family obtain a residence permit. Requirements for Latvia Golden visa To be eligible the main applicant must be 18 and older. Latvia opened golden visa scheme in June 2010 and is one of the oldest golden visa schemes in Europe. Fast and simple way to get Temporary or permanent residence permit in Latvia in cheapest way The Golden Visa is aimed at non-EU citizens who wish to obtain a residence permit in Latvia. Latvia residence as a key to Europe. Bank Deposit Investment. For this, we have at your disposal a dedicated team that speaks multiple languages. Just choose one of the many available investment options, if you meet the requirements of the law, we will take care for you the procedures of the Investor Visa without having to travel to Latvia. Save yourself the trips to Latvia! Latvia has extreme cold weather in winter and cool summers. It is also issued to any family members accompanying with the investor. Besides that, there is a state budget contribution of €12 500 or 5% from the value of the transaction. The Protracted Demise of Latvia’s Golden Visa August 4, 2020 Christian Henrik Nesheim Once first among its European equals, Latvia’s golden visa has languished since 2014. Find out more about the Latvian golden residency programme, or contact us for a free consultation to discover your options to obtain a European Golden Visa. If the decision is positive, please apply for the 30-day Long Term D Visa. The TRP residence permit issued is a biometric card (replaces visa sticker) allows visa free travel to all 26 Schengen countries including Switzerland, Germany, France etc. © All right reserved - Latvia Immigration. Latvia has cheap very affordable costs of living compared to other european countries. At 10 % a property there for HNW families has remained the immigrant... 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