Family members are included, meaning, spouse and children under the age of 18. Phone: +371 67799514 Personal income tax rate at 23 %. © All right reserved - Latvia Immigration. Document confirming state duty payment. b. Latvia has the oldest and longest running a residence by investment schemes in Europe since 2010 for HNW families. Our specialty is investment into the share capital of a Latvian company, real estate acquisition, and investment in government bonds. The Caribbean country of St Lucia offers the best and low cost citizenship by investment programs in the world. The program was launched on 1 July 2010 by the Latvian government as an initiative to sustainably … Read More. Immigration to Latvia. Latvia Investment Immigration Programs Overview. Investors can gain a five year residency permit by investing €250,000 in property. All inclusive price of USD 135,500 for one applicant. By investing in a business, you can receive a temporary residence permit for up to 5 years and also conduct your business in Latvia, or participate in running the enterprise you have invested in. Purchase a non-commercial Real Estate from €250,000. Dividends received by individuals are taxed at 10 %. Vija Gailite, Latio’s head of sales, said the average Russian buyer was “a middl… Additional costs apply for Family and children. It has since become a popular program for those looking to relocate into an EU country. Latvia provides the cheapest investment option to immigrate to Europe. Malta offers Permanent Residency in Europe with 5 year schengen residency for just EUR 125,000 (all inclusive costs) through the Residency bond financing scheme. EUR 90,000 in a new Latvian business. Inclusion of Family Member: Latvia Investor Residence Programme The application procedure for a temporary Residence Permit in Latvia (Latvia Immigrant Investor Program) should be filed to the appropriate regional office of the Office of Citizenship and Migration. Get 5 years European Temporary Residence Permit for all family in less than 5 months. The second option is contributing EUR 150,000 to the equity of a Latvian company (joint stock or limited liability company). Qualifying Investors who complete a successful application receive a residence permit for an initial period up to 5 years, with further extensions possible. It is a member of the European Union and the United Nations. After that the investment limit rises to €500,000. Citizenship by Investment Immigration by Investment and Tax Residency Incorporate your Company International Bank Account Options Strategic Internationalization Credit card payments are collected by Incorporations Payments LLC with address at 26031 72nd Av NW, Suite O167, Stanwood, WA 98292 While this option requires a greater initial investment, the advantage is that there are no requirements as to the amount of taxes that the company pays annually. We are to only offer other programs instead of Latvia. We now offer Saint Lucia passport for all inclusive fee of US$ 119,500 for single applicants. Latvia joined the European Union in 2004 and is a full EU member country. During the last year the Office of Citizenship and Migration Affairs in Latvia received 268 residence permit applications based on investments made in local companies. A Gateway to Europe with Latvia Residence-by-Investment The Latvia Residence-by-Investment Program is one of the fastest and most competitive programs in Europe. Latvia attracts large number of investors and corporates to invest in real estate, because of cheap prevailing real estate prices and affordable cost of living. - Investment of at least €100,000 in the equity capital of a capital company, which together with one or several subsidiaries registered in the Republic of Latvia employs more than 50 employees and total annual turnover or annual balance thereof exceeds €10 million. It wasn’t that there weren’t enough properties to go around; Riga’s steeple-studded skyline is once again dotted with cranes. Visa for whole family. A residence permit in Latvia based on investment in business is more suitable for those who wish to establish or develop their business in the countries of the European Union. Direct Investment into a Latvian company. Citizenship by investment. Latvia immigration: Latvia offers PR for 50,000 euro investment. Latvia Golden Investor Program. Permanent residence in Latvia. EUR 250,000 investment in Government bonds. Contact us 0323-7686666; Working time Mon - Sat: 10:30 - 18:00; Home; Countries. Just pay one flat fee EUR 125,000 Government bonds or stocks (financing option). Invest €50,000 into Share Capital of an established company. We offer residence program in Germany for 50K business investment plus 30K legal fee. Introducing the Republic of Latvia which can be described as a small, peaceful Baltic State with beautiful landscapes, located between Lithuania and Estonia, on the shore of the Baltic Sea.According to statistics, the population of Latvia is currently estimated at … Latest news related to immigration by investment programmes. E-mail: residency@baltic-legal.com. Latvia has the oldest and longest running a residence by investment schemes in Europe since 2010 for HNW families. We work with trusted partners and we have offices worldwide in Malta, UAE and Africa. Fastest Vanuatu passport within 1 month. Permanent residency in EU Schengen area for all family members including parents. Ireland Investment Visa. Necessary subsistence Proof (as of 1 April 2015). Fastest Vanuatu passport in 1 month. Ireland. In addition there is a government processing fee of €25,000 or 5% of the property value. 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. Proof of planned accommodation in Latvia. Malta – The Cheapest European Golden Visa Program, Latvia has 19th strongest passport in the World, Over 4300 Golden visas issued to foreign investors in Latvia, Quick introduction to Latvia investors residence scheme, Latvia citizenship through naturalization, Latvia celebrates the 100th Birthday of the State. You may deposit 280,000 EUR as a subordinate liability in a Latvian bank, and pay the government fee. Immigration - Latvia, Lithuania, Estonia. Latvia offers second country nationals the ability to obtain Latvian residency through a number of investment residency programmes, with a far lower investment requirement than the Golden Residency Programmes of Spain, Portugal, Malta and Cyprus. Widely marketed as “Latvia’s business immigration program” which is regulated by the Immigration Law of Latvia and continuous amendments, foreigners can obtain TRP, validity period up to 5 years, when they have made certain investment in development of the Latvian economy as follows: Secure investment in Government Bonds from €250,000. Permanent residence permit for 5 years. Portugal; St Lucia; Spain; Monaco; UK; Ireland; Antigua Barbuda; St Kitts Under the direct investment option, minimum investment required is € 50,000 with € 10,000 state fee and associated expenses. LATVIA IMMIGRATION PACKAGES. Some Russian websites continue to advertise the Latvian program. Latvia PR by Business Investment. Read More Acquisition of a residence permit based on business investment is most suitable for those who wish to establish or develop their business within the European Union, while taking advantage of the benefits of having legal residency within the EU - with all the convenience that it brings in terms of travel. The Ireland Immigrant Investor Program was established in 2012 to allow wealthy individuals and families from outside the European Union to obtain residency in Ireland in exchange for making an approved investment in the Irish economy. Latvia Investment Immigration Program. Latvia’s golden visa is one of the cheapest immigrant investment programs in Europe. This website uses cookies to improve your experience. Latvia is a baltic country in the northern Europe. Limited Offer! Latvia introduced its golden visa programmein 2010. baltic01; August 22, 2017 -Latvia Immigration Law changes. We have a professional team that will guide you about all the legal and tax implications. Citizenship by Investment in Latvia October 27, 2018 October 27, 2018 latviaimmigration Latvia’s immigrant investor visa program has been running since 2010 and is one of the cheapest programs to immigrate to Europe with family. Latvia, one of the smallest countries in Europe, is fast becoming one of the most sort after countries for immigration to Europe. The new limit introduced in 2014 applies to the first 800 applicants. Latvia offers residence permits to those who invest in the country. Malta has the cheapest golden visa in Europe. Family members are included, meaning, spouse and children under the age of 18. Note: Due to Covid-19, We have discontinued all services in Latvia. When it comes to the size of investment required, there are two possible options, but since the changes to the immigration law that took place on September 1st 2014, the second option becomes almost impossible to accomplish. Additional costs for family members. Get Latvia Golden Visa by investing €250,000 into property. EUR 250,000 plus 5% state fees. We can help you to choose the best possible solution that satisfies your needs by making all the necessary calculations for you and providing any needed consultations regarding applicable opportunities. In the fifth year, we . "Appointing "Euro Consulting Group, SIA" to act as our immigration agents has meant that we have had expert advice and guidance throughout in often complicated and stressful process of applying for Residence Permit. Direct Investment into a Latvian company. It is sort of a window for entry into the European Union. The amount of investment is estimated at around 13.5 million lats. Latvian residents are liable for personal income tax (PIT) on their worldwide income. Photograph (to be attached with application form). The Latvia residence by investment program was first introduced in 2010. However, to qualify with this smaller investment, there are additional requirements: you must invest in the equity of a joint stock company or a limited liability company, and this company has to pay taxes in the amount of not less than EUR 40,000 per year. In return, you receive a residence permit for 5 years.Your investment will be refunded after 5 years with interest. (read more). It is sort of a window for entry into European Union. We can also provide full legal support for the whole process - including your residency permit. No residence or living requirements. Min $900,000 EB5 Approved Investment Full family USA Residency + Green Card. The Latvia Immigrant Investor Program offers 4 investment options including a real estate investment option. Cheapest European golden visa scheme. UK. Foreign investors from non-EU countries seeking permanent residency visas can be granted a residence permit valid for a 5-year term. Latvia Residency by Investment Programme. Application form of residence permit. It is a member of the European Union and the United Nations. The first option is a contribution to the equity of a Latvian company in the amount of more than EUR 35,000. Economic citizenship is essentially the same thing as citizenship by investment. Fast, easy and affordable option to get a european residence permit. Latvia Investment Immigration Program. Choosing correctly between these two options may be strategically important when it comes to making plans for your future business. £2,000,000 Investment Fund Investment Residency for 3+ years IDLR 5 Years, Citizenship 6 Years. The Latvian bank deposit is a safe and profitable investment option. Latvia offers some of the most reasonable residency visas for investors in Europe. It is possible to receive residence permit for up to 5 years in Latvia and for up to 1 year in Lithuania, that can be renewed at … Statistics show that business investment is a less popular way to obtain a residence permit compared to purchasing real estate, however, there are several peculiarities that make this option the best solution for some investors. Latvia Business Immigration Affordable and reliable immigration to Europe by Business Setup in Latvia. Latvia is a baltic schengen member country which joined the European Union in 2004. Type of Investment’s: There are several ways to qualify for residence permit in Latvia. We'll assume you're ok with this, but you can opt-out if you wish. EUR 250,000 investment through purchase of Residency bonds issued by Government. Visa free travel to EU countries. With your residence permit in Latvia, you may stay in Latvia for as long as your permit is valid. Investment to get Residence Permit in Europe. Under the direct investment option, minimum investment required is € 50,000 with € 10,000 state fee and associated expenses. In the fifth year, we will file the permanent residency application for him/her and family members. I believe that it's the best investment we have ever done! EUR 50,000 investment required to receive temporary residence permit (5 years) in Latvia. Latvia residence by investment. It’s a way to obtain a second citizenship and passport in another country by investing in its economy. Additional costs apply for family members. All inclusive price of USD 135,500 for single applicants. The investors’ residence scheme in Latvia was introduced by amending the Immigration Law in 2010. Latvia’s programme is a highly ranked world residence program on a large number of factors including quality of life, tax, visa-free access, time and effort required to get the visa. Upon processing, the Office shall issue a Letter of Invitation after which the investor is required to finalize the mandatory investment. Baltic Legal offers useful advice and high quality legal support for obtaining temporal residence permit in Latvia and Lithuania through investments. We offer personalized services on investment in Latvia. Work and business may also be conducted depending on the type of residence permit issued. Temporary residence permit for 5 years. Documents to be submitted for Latvia Immigration through Share Capital Investment. All price inclusive. See the official Latvian government website. The history of Latvia began around 9000 BC with the end of the last glacial period in northern Europe. Please note that the minimum investment into share capital of an existing Latvian company is EUR 50.000 A State fee of EUR 10.000 is payable and associated expenses for application and renewals of ID card. If your budget is limited, simply invest in a trusted Latvian company, pay the fees, and get a European residence permit within three months. Latvia provides the cheapest investment option to immigrate to Europe. Latvia, one of the smallest countries in Europe, is fast becoming one of the most sorts after countries for immigration to Europe. Please do not hesitate to contact us using his form for a free consultation. Law firm in Latvia offering consulting services in immigration, real estate, tax planning for High net worth (HNW) investors interested in Latvia. The company must employ at least 50 employees and have at least 10 million EUR of annual turnover. USA. 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