Founder, Lawyer and Author
Three Options for Latvia Business and Investor Visa
Invest €500,000 in a qualified fund, research projects, or a venture capital fund.
Create 10 full-time jobs by starting a business or investing in entrepreneurship with €1 million
Contribute €250,000 towards the preservation or restoration of Portugal’s national heritage sites.
LATVIA | EUROPE
RESIDENCY & CITIZENSHIP BY INVESTMENT
RESIDENCY & CITIZENSHIP BY INVESTMENT
Latvia does not have a direct citizenship by investment program, but the investor visa scheme offers a path to Latvian citizenship. Under the investor visa scheme, applicants must first obtain residency. After living in Latvia for 10 years, they can then apply for citizenship after having fully integrated into the local culture.
The Latvian Residency-by-Investment program was introduced the country’s government in 2010 to attract foreign investment in order to counteract the devastating effects of the economic crisis of 2007. This program is quite popular amongst foreign investors, especially investment in Latvian real estate, because of the low investment amount required.
PROGRAM REQUIREMENTS:
To qualify for the Latvian Residency-by-Investment program, applicants must:
- Be aged 18 years or older
- Have no criminal record
- Meet minimum income requirements to support themselves and their dependents
- Have health Insurance for themselves and their dependents for at least one year after residence permit is granted
There are several options available to investors to obtain a residence permit of Latvia. These include:
- The purchase of real estate with a minimum value of €250,000, plus a one-time payment of 5% of the purchase price to the state budget and hold this investment for 5 years OR
- The investment of €280,000 in the subordinated capital of a Latvian bank for a period of five years, plus a one-time payment of €25,000 to the state budget OR
- The investment of €50,000 to €100,000 in the equity capital of a Latvian company (depending on the size of the enterprise), plus a one-time payment of €10,000 to the state budget OR
- The purchase of special-purpose interest-free bonds at a nominal value of €250,000, plus a one-time payment of €38,000 to the state budget. The entire investment is guaranteed and refunded by Government after five years.
Investment in real estate is by far the most popular and affordable option for foreign investors.
Advantages of Latvia Business Visa
Download Latvia Business Visa Brochure and Presentation
Ajmera Law Group (ALG) is a boutique law firm dedicated exclusively to business immigration programs across multiple countries worldwide. We assist successful families like yours in seamlessly planning their child’s foreign education and settlement through legal, strategic, and economical means.
ALG specializes in the Greece Golden Visa & Citizenship by Investment Programs for over 180+ countries.
We facilitate Golden Visa applications for European countries like Portugal, Greece, Latvia, Malta, Cyprus, and more by collaborating with leading real estate developers and prominent European immigration lawyers.
Feel free to reach out if you have any questions or need a detailed cost breakdown for your family. We're happy to help!
The principal founder of Ajmera Law Group, Prashant Ajmera, is a seasoned Indian immigration lawyer, a Canadian citizen, and an NRI with over three decades of experience in immigration and visa consultancy, dating back to 1993 and author of two books on the subject.
Mr. Ajmera is a member of the International Bar Association and collaborates with leading law firms, real estate developers, and professionals across Europe. His extensive network and expertise ensure a seamless process for obtaining business visas and investment-based Golden Visas for European countries.
Fun fact: Back in 1988, Mr. Ajmera embarked on an incredible journey, traveling extensively across Europe by train, gaining first-hand knowledge and cultural exposure that enriches his global perspective.
Let Mr. Ajmera’s unparalleled experience guide you in achieving your immigration and investment goals
General Manager
Portugal’s Golden Visa has given us a new lease on life. We’ve gained access to Europe’s vibrant culture, excellent healthcare, and quality education for our children.
The Golden Visa program was the ideal way for us to expand our business into Europe. The residency benefits have made it easier to explore new markets
Thanks to the Greek Golden Visa, we now have a home in Europe and the freedom to travel without restrictions. It's the perfect solution for Indian investors seeking global opportunities.
Living part-time in Europe through the Golden Visa program has enriched our lives. The cultural exposure and lifestyle benefits are truly remarkable.
The Greek Golden Visa program was a game-changer for my family. We now enjoy visa-free travel across Europe, and it has opened new business opportunities for us. The process was seamless with proper guidance.
Investing in Portugal's Golden Visa was one of the best decisions I've made. It not only gave us European residency but also a secure investment in real estate. Highly recommended!
The Spanish Golden Visa program allowed my kids to access world-class education while we enjoyed the benefits of European residency. It’s a win-win for Indian families like ours
I was initially hesitant, but the Malta Golden Visa program provided an excellent pathway to European residency. The returns on investment and the lifestyle benefits are unmatched.
As a frequent traveler, Greece’s Golden Visa has been invaluable. The ability to travel within the Schengen zone without additional visas has saved me so much time and hassle.
The residency benefits from the Portuguese Golden Visa helped my family settle in Europe with ease. The real estate investment is already yielding great returns
Not sure which country is the best fit for your immigration goals?
Book a consultation with Prashant Ajmera today!
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Let us help you make the right choice for your future. Schedule your session now!
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