EU Residence permit

in Latvia

The residence permit

A residence permit is a document that allows residing in the territory of the Republic of Latvia or other Schengen countries without having a visa. Eglitis & Partners lawyers and attorneys at law provides the professional and qualitative formation of such a document. It can take starting from 10 days to sort and format these types of documents.

Benefits

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Obtain a Latvian driver’s license, which is valid in all Member States of the European Union.

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Permission to work in Latvia and open a company to run personal business.

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The right to receive discounted or free education within the European Union.

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Facilitated procedure of obtaining a visa to the USA, Canada, the United Kingdom and Australia.

Issue of the permit

This type of residence permit is issued for 5 years with the possibility of further extension and its holder can be reside both inside and outside the country at that time. Please note that the residence permit must be approved annually. The residence permit also applies to the family members of the investors: spouses, children up to 18 years.

A residence permit may be obtained on the following grounds

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Acquiring real estate with a minimum price of EUR 250 000.00 and more

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Investments in a credit institution, starting from EUR 280 000.00

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Investment in the fixed capital of a limited liability company or joint-stock company, starting from EUR 50 000.00

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On the grounds of legal employment relation contract as an employee

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By assuming a board member’s position in a limited liability company or joint-stock company

Our programs

Employment program

TOTAL EXPENSES:
From 46’500 EUR
(5 years)
Download pdf

Board Member program

TOTAL EXPENSES:
From 81’000 EUR
(5 years)
Download pdf

Real Estate program

TOTAL EXPENSES:
From 250’000 EUR
(5 years) Download pdf

Investment program

TOTAL EXPENSES:
From 63’800 EUR
(5 years)
Download pdf

Higher Education program

TOTAL EXPENSES:
From 26’000 EUR
(4 years)
Download pdf

Let’s Work Together