Who can apply for Latvia Residence Permit? The main requirement for qualifying for this program is to invest 50,000 euros, however, the amount can be higher. As of 2 April 2012 the residence permit is issued in the format of the identification card, therefore biometrics details must be delivered prior to receipt of the residence permit (fingerprints (starting … In 2007, Latvia joined Europe’s Schengen Area, which brought significant benefits to the country’s citizens and residents. Also, asylum seekers who in the process of obtaining recognition as refugees cannot apply for permanent residence until their status are clarified.Those who enter Latvia for humanitarian reasons seeking temporary protection cannot apply for Latvia Residence Permit. Residency by investment in Latvia through company/business direct investment scheme . ... – Holder of a temporary residence permit has partial right to receive social benefits (welfare). After five years of legal residence it is possible to apply for permanent residency. If the applicant desires, he or she can also file in Latvia . The application process for residence takes 30–90 days. The Republic of Latvia is a European Union Member State and located in the Baltic Region of Northern Europe. Depending on the type of residence permit, foreign citizens are required to renew their permits on a regular basis. If you want to retire to Latvia and obtain residence, you will have every chance of succeeding by applying for an elective residence visa. You can obtain more information on how to immigrate to Latvia through employment from our lawyers. They also get their lifetime residence permit. About the public policies. Our immigration lawyers in Latvia can offer more information on these programs. Certain types of benefits (e.g. How to move to Latvia as a businessperson, Moving to Latvia through an investment program, Move to Latvia by retirement and obtain residency, Moving to Latvia as a spouse of an Latvia citizen. Last year, just 82 applications for temporary residence permits were received in Latvia. Entrepreneurs have another way of relocating to Latvia and that is by obtaining a self-employment visa. There are many ways a non-EU citizen can use to obtain Latvia Residence Permit and with the help of our lawyers they can find the one suiting them best. However, both categories of individuals must live for a minimum period of 5 years before applying for permanent residence in Latvia . Laszlo Gaal, managing director, was invited to hold a presentation on Latvia at the conference. Permanent residence benefits. Receipt of payment of … the holders of permanent residence permits have similar rights to those of Latvia citizens; Latvia is one of the few European countries where permanent residence can be obtained after 5 years; the annual coverage amount for a single person is established at 5.349 euros; for a family made of 2 persons, the insurance policy must cover annual health-related problems of 8.024 euros; for a family made of 3 persons, the insurance policy must cover problems worth 10.699 euros; for 4-member families, the minimum amount of the health insurance policy is 13.374 euros. a child birth benefit and a family state benefit) are only paid to those women who have a permanent residence permit in Latvia. This is the cheapest offer in Europe. Health insurance which covers expenses in the amount of 30,000 euros per year is also necessary. Required Documents The following documents must be filed with the Committee in order to obtain a Start-Up Visa which leads to permanent residence in Latvia : A great benefit of the Start-Up Visa Scheme is that the application can be filed directly in English. Since 2010, Latvia has been issuing residence permits to foreign nationals in exchange for investment in the country's economy. Voluntary coverage for permanent residents of Latvia who are not compulsorily covered and are not receiving an old-age pension; and for the spouse of a self-employed person younger than the normal retirement age. What are the greatest advantages of obtaining permanent residence in Latvia ? The associated expenses can be paid in stages over the course of five years. For detailed information on how to move to Latvia and obtain residence as a businessman, we kindly invite you to ask our Latvia lawyers who specialize in immigration about the entrepreneur visa. Tuis; Wie is ons; Kalender en Nuus; Foto’s en aktiwiteite; Dienste en Tariewe If you get an EU long-term residence permit, you will enjoy almost the same rights as the nationals of the country you are living in. Persons who want to enter the Latvia workforce can apply for a European Blue Card, issued for employees with a high level of skills in a designated field of activity. Neither would you be asked to attend an interview or prove your knowledge of the Latvian language. However, the applicant must prove they have sufficient financial means to support themselves and their dependents, as well as submit proof of their relationship with the dependents. The Latvia permanent residence permit is granted under certain conditions and it depends on the nationality of the applicant. Latvian residence permit allows you to visa-free travel to all Schengen states. Please confirm the official website for updated information or related authority. The main ways of obtaining Latvia Residence Permit, Latvia permanent residence for EU citizens, Applying for a permanent residence permit for non-EU citizens in Latvia, Documents required for an Latvia permanent residence permit, Restrictions for certain applicants for Latvia Residence Permit, The benefits of obtaining Latvia Residence Permit, Assistance in obtaining Latvia Residence Permit, Residence permits in Latvia for corporate situations, The Start-Up Visa for permanent residence in Latvia, The Latvia self-employment visa for foreign citizens. This way, those applying for a long-term residence permit will be automatically granted permanent residence after 5 years of continuous living in Latvia .Our immigration lawyers in Latvia can explain the requirements for obtaining permanent residence permits. A residence permit is initially issued for one year and should be renewed annually. The total value of the real estate must be at least €250,000, or outside the said administrative territories – no more than two immovable properties … All our Latvia immigration services are personalized so that you have the best chances of relocating here. 012 997 2882 [email protected] Benefits of the EU Long Term Residence Permit. According to the amendments, EU citizen's registration certificates, permanent residence cards and residence permits of a family member of a EU citizen issued in Latvia to UK citizens and their family members will be valid until the end of the period of validity indicated therein, but not later than June 30 this year. There are several conditions imposed on both EU and non-EU citizens interested in obtaining Latvia Residence Permit. These are the StartUp Visa and the Residency by Investment Scheme. It is also good to know that even if EU citizens do not need to apply for a temporary residence visa, they can obtain Latvia Residence Permit. One passport-size photo. Just buy a real estate in the Latvia, you will receive a Temporary residence permit (TRP) in Latvia which is valid for 5 years. QUALIFICATION CRITERIA: Investment in real estate, subordinated capital, Latvian company or government bonds. Coverage will change as of 2019. Our immigration lawyers can explain the requirements related to immigrating to Latvia .Here are the 5 advantages of obtaining permanent residence in Latvia : Those who obtain permanent residence in Latvia will usually have similar rights to Latvia citizens, except for voting rights. Once you move to Latvia , you will be granted a residence permit for a limited period of time. Investors can gain a five year residency permit by investing €250,000 in property. The drop-off in applications has been sharp. Obtaining permanent residence in Sweden is something that most permit holders living in Sweden strive for. However, if you are planning to obtain Latvian Permanent Residence Permit (PRP), you can do that after 5 years of holding TRP status and you should to reside in Latvia continuously during these 5 years of holding TRP. A residence permit is needed if you want to stay in the Republic of Latvia or in Schengen area for more than 90 days in a six-month period. a minimum of 500,000 euros to be invested in a start-up business; 1 million euros if the investment is made under the form of a philanthropic donation; real estate investment is also accepted, as long as the value of the property is 300,000 to 500,000 euros; a minimum annual income of 100,000 euros of the applicant is also required. As an EU-member state, Latvia integrated many EU policies in its national legislation and among these those related to immigration. ALL travelers currently arriving to Latvia from India are required to undergo 14 DAYS SELF-ISOLATION! With the help of our lawyers, immigration in Latvia can become simpler, as all the requirements will be explained in detail. Dividends received by individuals are taxed at 10 %. To register the residence permit the foreigner shall present following documents, as well as an application: a valid travel document recognised in the Republic of Latvia; a document confirming that the foreigner holds a valid health insurance policy (the policy is not required when registering the permanent residence permit). Foreign citizens who want to retire to Latvia must comply with a few additional requirements, among which having a steady income of 31,000 euros per year. However, you are also entitled to have certain benefits, and namely: a maternal benefit and parents’ benefit. Latvia has been a member of the UN since 1991 and a member of the EU and NATO since 2004. https://www.henleyglobal.com › residence-investment › latvia The amazingly beautiful and nature-blessed baltic region of Latvia has, lately, emerged as a leading immigration destination. – After permanent residency, the person is subject to the full social benefit system. After arrival to the Republic of Latvia make an appointment and visit the OCMA in order to obtain the residence permit or to a regional division and receive a residence permit. LOW COST: Total cost is €360,000 of which €300,000 will be refunded after 5 years. Returning to one of the best ways of obtaining Latvia permanent residency, we cannot skip the Golden Visa Program which requires: This program targets high net worth individuals who want to immigrate to Latvia and one of its greatest benefits is that it offers the possibility of owning real estate in this wonderful country. Medical benefits: Resident Latvian citizens and noncitizens with residence permits. Get Residency in Latvia. Investors may also obtain a startup residence permit, which was established under the local legislation for the registration of startup companies that provide innovative products or services. Permanent residency is available for both EU and non-EU citizens who have lived in Latvia for the prescribed periods under the country’s Immigration Law. Foreign investors who want to open a company in Latvia can obtain a residence permit in specific situations. Benefits of the EU Long Term Residence Permit. Benefits. Another requirement that does not have to do with money is for the company to operate in innovation. 2. The drop-off in applications has been sharp. “Continuously” means that your absence from Latvia during these given 5 years should not exceeded 6 consecutive months or altogether does not exceed 1 year. In 2014, the number of such applications exceeded 2,500. It shares Borders with Estonia, Lithuania, Belarus and the Russian Federation. Types of residence permits. The last and perhaps the most important advantage is the possibility of obtaining Latvia citizenship. Evidence of Residential Address. You can rely on our immigration lawyers in Latvia for specialized support in applying for all the visas available in this country. A residence permit is a document that gives a foreign citizen the right to temporarily (a temporary residence permit) or permanently (a permanent residence permit) stay in the Republic of Latvia. The residence by investment program in Latvia offers various advantages to the applicants. A residence permit is a document allowing a foreign citizen to stay in the territory of the Republic of Latvia for a certain period (temporary residence permit) or permanently (permanent residence permit). RCP is a leading independent immigration service firm, offering the best residency and citizenship by investment options in Europe. The cheapest option for European residency. If you want to move to Latvia under the Residency by Investment Scheme, the investment conditions start at 500,000 euros. These are usually students who come to Latvia based on student visas which permit a limited duration of stay. If you want to move to Latvia and a job opportunity is your option, then you should know that you will need to apply for a job first and then wait for the Latvia company to obtain the necessary paperwork and send you the employment contract before coming to Latvia . Those who have valid temporary residence permits and have not met the 5-year living requirement are also restricted for applying for permanent residency until the last requisite is fulfilled. The permit is given for a period of 5 years which can be extended to a permanent residency and possible passport. Migrants from across the globe are moving to the country–both on temporary and permanent basis–for investment, business and other important purposes. Latvia, one of the Baltic states, is in the European Union and a Schengen member state, therefore, the benefits are endless. based on a work permit which entitles the applicant to live and work in Latvia prior to applying for permanent residency; based on a residence permit for entrepreneurs which allows foreign citizens to start their own businesses here; based on an investment in a specific domain of interest acknowledged by the Latvia government; based on a self-employment visa which allows the foreigner to act as a sole trader in Latvia . Those who want to immigrate to Latvia must enquire with the Latvia embassy or consulate in their countries and ask information on the documents needed.Non-EU citizens must first apply for a temporary residence permit which is issued for a period of 5 years, followed by the application for the Latvia permanent residence permit. Permanent residence can be claimed after 5 years of living in the country. Economic Residence permit . What are the main 5 tips on how to move to Latvia ? As a matter of fact, Latvia is one of the friendliest countries in Europe when it comes to the facilities offered to third-country individuals moving here. Latvian residency is especially attractive as it provides visa-free access to Schengen Area member states and facilitates visa application to other developed countries. Moreover, you can invite your relatives for visa purposes, up to and including second-degree relatives. Latvindia helps investors and their families to move and settle down in Latvia; and supports the education of their children. Non-EU nationals have the right to apply for permanent residence permits after 5 years of continuously living in Latvia , while for EU citizens the requirements are less stringent. They can apply for permanent residence if they intend to live in Latvia for more than 90 days or 3 months.Permanent residence for non-EU citizens is also available under the Golden Visa Scheme, however, this program targets wealthy individuals who want to move to Latvia based on investments. Latvia offers residency by investment scheme through share capital investment. Among the requirements to fulfill in order to obtain an elective residence visa is to have health insurance worth 30,000 euros. In the same category enter those who come for scientific purposes or for vocational training to Latvia . It should also be noted that it may take up to 3 months for obtaining the Latvia permanent residence. According to PMLP statistics, in 2010 2,495 first-time temporary residence permits were issued and a remarkable 6,123 first-time permanent residence permits. For example, the StartUp Visa program implies opening a business in the research and development field and have an annual turnover of less than 5 million euros. proof that the foreign citizen has lived in Latvia for 5 years (the temporary residence permit); the registration certificate issued by the local police force upon entering Latvia ; proof of having a legal address in Latvia (a rental contract or a recent utility bill); proof of means of self-sustenance (bank statements, tax returns, payslips issued by the employer); the criminal record and the application form issued by the Latvia authorities. a cover letter providing for the funds to invest in the project. Latvia offers residence permit to those who invest in the country. All contact data given here is only intended for educational Purposes. Certain types of benefits (e.g. By law of the Republic of Latvia an Investor can apply for a residency permit. You will first need to apply for a short-stay visa following which you can apply for an entrepreneur visa. Foreign citizens who want to retire and live permanently in Latvia can apply for an elective visa. According to PMLP statistics, in 2010 2,495 first-time temporary residence permits were issued and a remarkable 6,123 first-time permanent residence permits. He summarized the essence of Latvia Residency Program, what options are available, and how to apply for residency. In this case, the minimum investment is established at EUR 50,000. To register the residence permit the foreigner shall present following documents, as well as an application: a valid travel document recognised in the Republic of Latvia; a document confirming that the foreigner holds a valid health insurance policy (the policy is not required when registering the permanent residence permit). The main benefits that come from an EU permanent residence card are: You will have access to employment and self-employed activity. They must also have clean criminal records.There are several ways in which the Latvia permanent residency can be obtained: It is very easy for EU citizens to apply for a permanent residence permit in Latvia , as they only need their valid IDs or passports when entering the country. What is the best way of moving to Latvia and obtain residence? The Latvia employment permit may have a six to nine months validity period, while student visas may have a one-year validity period. If you are married to an Latvia citizen and are living abroad, you can move to Latvia with your spouse and apply for a residence permit. In comparison, other countries offer permanent residence permits after longer periods of time or impose stricter immigration conditions.If you need assistance in immigration to Latvia , we can help you with dedicated expat support services. Foreign citizens living in Latvia are required to apply for renewal as it follows: The validity period of temporary residence permits depends on the purpose of the Latvia visa. In other words, a non-EU citizen must live in Latvia for 5 years prior to applying for permanent residence. We have an article about how to obtain permanent residence on different permit types that you can find here.. After ten years of legal residence it is possible to apply for Latvian citizenship (EU citizenship). A residence permit is a document providing a foreigner the rights to reside in the Republic of Latvia for a definite period of time (a temporary residence permit) or permanently (a permanent residence permit). Latvia is one of the most prolific economies in Europe, so it can be a right fit for both those who want to work or have their own businesses here.It is good to know that all applications for residence visas in Latvia must be filed with the National Police. Whereas the child’s father is entitled to be paid a paternity benefit. However, we decided to present you with other 5 more benefits of Latvia permanent residency.The other 5 advantages which can be obtained alongside permanent residence in Latvia are: the holders of permanent residence permits have similar rights to those of Latvia citizens; Tuis; Wie is ons; Kalender en Nuus; Foto’s en aktiwiteite; Dienste en Tariewe The country is economically and also socially highly developed, and almost everybody speaks English. The Permanent Residency Permit (Niederlasssungserlaubnis) and the EU Blue Card are two residence permits that allow Non-EU/EEA citizens to stay in Germany for longer period or maybe the rest of their life while enjoying all benefits. The main benefits that come from an EU permanent residence card are: You will have access to … This type of residence permit is one of the simplest ways of immigrating to Latvia . This application process offers refugee claimants the option to apply for permanent residence if they. the holders of permanent residence permits have similar rights to those of Italian citizens; Italy is one of the few European countries where permanent residence can be obtained after 5 years; the right to travel freely to all EU and Schengen area countries is another advantage of a permanent residence permit; access to a market in which a foreigner can work or even start his/her own business. If a couple wants to move together to Latvia , the minimum income is set at 38,000 euros per year. Latvian residents are liable for personal income tax (PIT) on their worldwide income. Last updated on January 25th, 2021 at 06:55 am, Latvia Residence Permit 2021 Check Permit benefits & Apply for Latvia Residence Permit Online :- Check Latvia residence permit benefits and apply for Latvia residence permit 2021. get Latvia residence permit 2021, residence permit Latvia cost and how to check Latvia residence permit. Indeed, this is one of the 5 most important advantages when seeking to obtain residency in Latvia . So, if you’d like to obtain permanent residence, you must have actually (physically) resided in Latvia for at least four years out of five. Our immigration lawyers in Latvia can offer expat support to non-EU citizens seeking to apply for permanent residence permits. This is also because Latvia has very flexible immigration policies and many programs that help foreign citizens integrate with the local population. Temporary Resident Permit Requirements for EU Citizens. This type of residence permit is not difficult to obtain, however, in terms of requirements, one of the most important refers to securing contracts that allow for sufficient means of supporting oneself. you can move to Latvia as a simple foreign citizen by applying for a job with an Latvia company; you can also move to Latvia as a businessman and start a company or register as a sole trader; another way for businessmen to move to Latvia is by enrolling with one of the special investment programs created by the government; another way of moving to Latvia is to retire here, however, there are a few conditions related to immigrating to Latvia this way; if you are married to an Latvia citizen and live abroad, you can move to Latvia without any restrictions. Yes, to work in Latvia UK nationals should obtain a visa/residence permit with work permit, unless they can rely on an exemption such as: holder of a permanent residence permit or a residence permit as a long-term resident of the European Union in the Republic of Latvia; After that the investment limit rises to €500,000. Italy Photo by Joshua Newton on Unsplash. Immigrating to Latvia implies applying for a permanent residence before acquiring Latvia citizenship. have worked a minimum number of hours in Canada’s health-care sector during the COVID-19 pandemic ; provided direct patient care as part of their job After five years of legal residence it is possible to apply for permanent residency. a child birth benefit and a family state benefit) are only paid to those women who have a permanent residence permit in Latvia. A minimum investment of EUR 50,000 is required to receive temporary residence permit (5 years) in Latvia. Foreigners may set up an Latvia limited liability company following the legal procedures. PR is permanent permission Step 7 – Obtain the residence permit. Latvia Golden visa offers the cheapest real-estate investment in Europe. For additional information please refer to the homepage of OCMA. If you want to move to Latvia and obtain residence, here is a brief comparison between the ways in which you can achieve that based on the time, complexity of the procedure and the possibility of obtaining residency: For full information on how to obtain a permanent residence permit or immigration to Latvia , please contact us. Citizenship in Latvia. Your children will get a European education, and you may even start a European business. If you are interested in immigration to Latvia and want to apply for one of the visas available for foreigners, our lawyers can guide you. As a result, you may move to another EU country, you can live, study and work in that country, like Germany or Netherlands. In these particular situations, the legal framework stipulates that a representative of the foreign company may apply for an intra-company transfer residence permit. Applications for a temporary or permanent residence permit presented to the National Immigration Service must be submitted through a legal representative, in accordance with the requirements established for each category of visa or permit, with the exception of the category that is requested from outside the country and the category applying to [residence for purposes of] … Plenty of fresh water: 3,000 lakes and 12,000 rivers, Over 50% of its territory is covered with forests, Ranked second according to the worldwide Environmental Performance Index (EPI) by Yale University, Moderate climate: Summer temperatures do not exceed 30 degrees Celsius â no hurricanes, no earthquakes, no floods, The crime rate is very low, and safety is very high in Latvia, Plenty of international schools and universities with English education for international students, Latvian universities are highly ranked among the best universities in the world, Cost of living in Latvia is 33.71% lower, rent in Latvia is 54.12% lower than in France, You can rent a 3 bedrooms apartment for 500 euro in a month, An average meal in an average restaurant is about 7 euro, Latvia is the 14th most liberal country in the world according to MoveHub, According to US News, Latvia ranks 26th among countries that care about human rights, gender equality and religious freedom. Whereas the child’s father is entitled to be paid a paternity benefit. The Latvia government has enabled two programs under which investors from non-EU countries can relocate to Latvia . A residence permit is a document providing a foreigner the rights to reside in the Republic of Latvia for a definite period of time (a temporary residence permit) or permanently (a permanent residence permit). Click on the play button to see the short video. However, you are also entitled to have certain benefits, and namely: a maternal benefit and parents’ benefit. In 2014, the number of such applications exceeded 2,500. In addition there is a government processing fee of €25,000 or 5% of the property value. Below, we invite you to read about 5 of the most important advantages of obtaining a residence permit in Latvia . Upon approval at the Office of Citizenship and Migration Affairs of the Republic of Latvia, the investor should visit Latvia in person within three months to collect their temporary residence permit in the form of an ID card. A residence permit is necessary if you are willing to reside in the Republic of Latvia for a period of time exceeding 90 days within half a year counting from the first day of entrance. EU Citizens, who hold a temporary resident permit and have lived in Latvia for 5 years or more, are eligible to apply for a permanent resident visa. Evidence of Health Insurance. Latvia is the least populated Country in the European Union and has … Medical benefits: Resident Latvian citizens and noncitizens with residence permits. Other words, a non-EU citizen must live for a minimum annual income of euros., Belarus and the residency by investment program in Latvia 5 % of the EU and NATO 2004..., EU citizens can always acquire a Latvian residence permit surprise you that is... 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