THE MOST AFFORDABLE
EU / SCHENGEN GOLDEN VISA PROGRAM
Investment in a company’s share capital as a basis for obtaining a residence permit for the investor and their family.
AMOUNT OF INVESTMENT
- investment € 50,000
- government fee if the application is approved € 10,000
- all-inclusive legal fee € 12,000
TOTAL
€ 72,000
TYPE OF CONTRIBUTIONS
- upon establishing a new company
- by increasing the share capital / investment into an existing business
KEY BENEFITS
A holder of residence permit in Latvia will enjoy the following benefits:
Covers family members
Spouse and children under age of 18 can get residence permit as well under the same basis as the investor
Low-cost
The most affordable residency by investment program in the EU requiring only EUR 50 000 of the actual investment amount
Travel in Schengen Area
Visa free travel and short term residing in other EU and Schengen contries
Extendable
After 5 years of initial residency, it can be extended for another period of 5 years
SEND US A MESSAGE
of any questions.
HOW WE CAN HELP
Finding target company
We can find reliable business partner (target company) where to invest EUR 50 000, which also has a solid tax payment and employment records
Set-up a new company
We can help set up your own company, provided that it will generate sufficient income to reach required taxation thresholds for supporting your residence permit
Assistance with application
Assist you throughout the whole application process by preparing required documents, investment contractual work, providing instructions on obtaining necessary information and documents
AML Compliance
Providing assistance in identifying and verifying required documentation for proving source of funds
Frequently Asked Questions
No, this type of residence permit (based on investment in equity) does not have any requirement of minimum stay in Latvia throughout the whole period
No, since you will have a residence permit in Latvia, which is a member state of both EU and Schengen Area, you may freely travel to other EU / Schengen Area countries and stay there for 90 days per 180 day period.
Austria, Belgium, Croatia, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, the Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden and Switzerland are all part of the Schengen Area and thus
have all acceded to the Schengen Agreement and are thus Schengen states.
Yes, this residence permit gives its holder a right to be employed in Latvia without any restrictions. The same applies to the investor’s family members.
Only a spouse (under legal marriage) and children of the investor are covered by this residency by investment program. It does not cover siblings and parents of the investor.