Residence permit is a document that gives rights for a foreign citizen to stay in Republic of Latvia for a certain amount of time. It is required, if you want to stay in Republic of Latvia for more than 90 days in one half of the year, starting to count from the day of the arrival.
Latvia is a member of EU and Schengen agreement treaty. Residence permit obtained in Latvia allows you to visit any other Schengen member state without obtaining visa.
Since the first July of 2010, when the new immigration procedures where enforced, it is possible to obtain a residence permit in various different ways relating to investments in the Latvian economy.
Most popular ways are:
- Purchasing a real estate in Latvian territory.
- Making a subordinated deposit investment.
- Starting business in Latvian territory or making an investment in enterprise.
- Becoming an official (board member, proctor, administrator, liquidator or member of partnership), in a Latvian company.
Depending on which is the most appropriate type of obtaining residence permit for you, we will take care of all the necessary documents and other measures that are necessary to obtain a residence permit.
