REAL ESTATE INVESTMENT
The investor purchases real estate property with a total value of at least EUR 250,000 and, in return, receives a 5-year residence permit.
The Latvia Residence by Investment Program or Golden Visa, introduced by the Government of the Republic of Latvia in 2010, offers foreign investors the opportunity to obtain residency through several options such as purchasing real estate, investing in a business, purchasing bonds, or investing in the subordinated capital of credit institutions. Latvia became a member of the European Union in 2004 and subsequently joined the Schengen Area in 2007.
Al Layah ensures the highest success rates through experience and a solid track-record with the different Governments. Every year, we help hundreds of individuals and families to acquire a second residency or citizenship by investment. Al Layah successfully helped clients from over 85 countries around the globe. Most importantly, we have a long-term view of ‘client-advisor’ relationships and commit to our clients for life.
The average processing time to obtain Latvian residency is 3-4 months
Real Estate or Investing in a business or government bonds or investing in subordinated capital of credit institutions
Minimum investment of EUR 250,000 + Government Fees
Spouse and children under 18 at the time of application
Latvia residency allows visa-free access to Europe including 29 countries in the Schengen zone.
Fast and Easy
Family is included in one application.
Residence permit is valid for 5 years and renewable. Permanent residency can be obtained after 5 years.
No physical residence requirement to obtain residency.
A Path to Freedom
The Latvia residency visa-free travel within the Schengen area without further documentation or visas.
Eligibility to apply for citizenship 5 years after obtaining permanent residency.
LIFESTYLE BENEFITS
Low cost of living and high quality of life.
The right to live, work, and study in Latvia.
Education and Healthcare are free.
Applicants have two options to acquire the Latvian Golden Visa:
The investor purchases real estate property with a total value of at least EUR 250,000 and, in return, receives a 5-year residence permit.
The real estate investment can be a residential or commercial property.
Deposit into a subordinated loan or bonds of a Latvian Bank.
The government bonds, included in Latvia residency by investment, don’t provide interest or a return on the investment.
Capital transfer into an existing Latvian company.
In addition, applicants should demonstrate the availability of funds to maintain their family’s standard of living without having to seek social assistance from the Latvian government:
In addition to the required investment, there are other costs for the Latvia Residence by Investment program, which are Al Layah professional fees, documents certifications when applicable, courier fees, and other small disbursements. Please contact us if you wish to receive a detailed quotation outlining all costs.
At Al Layah Tours, we specialize in assisting foreign investors with securing Latvia Residency by Investment, also known as the Latvia Golden Visa. Introduced in 2010 by the Government of the Republic of Latvia, this program offers a range of investment options including purchasing real estate, investing in a business, purchasing bonds, or investing in the subordinated capital of credit institutions. Latvia’s membership in the European Union since 2004 and the Schengen Area since 2007 makes this residency program a strategic gateway to Europe.
Al Layah Tours provides tailored solutions and expert support for individuals looking to obtain Latvia Residency by Investment. With our established relationships with legal experts and government authorities, we ensure that all investment options are fully compliant with Latvian residency regulations. Whether you’re purchasing real estate or exploring business investments, we manage the entire process from documentation to application submission, guaranteeing a smooth and efficient experience. With clients from over 85 countries, Al Layah Tours is committed to offering long-term support and helping you and your family secure a prosperous future in Latvia.