The key facts and main advantages of Latvia
Direct investments in property
Investments in residential, commercial,
development and re-development real estate
Special benefit –
possibility to receive a residence
permit in Europe (Schengen area)
for the investor and his family members
Design townhouses (196 sq.m)
in the residential neibourghood of capital city Riga
Private investment amount for a residence permit – EUR 147 500
|Property price||EUR 250 000|
|Loan 50% of price||EUR 125 000|
|Interest rate 8%||EUR 10 000/per year|
|Rental income||EUR 10 200/per year|
Investments in equity of industrial companies
A residence permit in Latvia – simple and efficient entry pass to Europe
Investment in property or equity of a company
Non-limited residence possibility (during the validity period of a residence permit) in Latvia – one of EU countries.
Multiple non-visa entry and residence (up to 90 days within six months) in other 25 countries of the Schengen area.
Preparation of application and supporting documents for a residence permit
The decision about a TRP for 5 years and receiving an ID card
Residence permits for family members – a spouse, children under age 18, persons in custody of a legal guardian (by a decision of a court or other state institution).
Permission to work for any employer in Latvia.
Total costs (without financing option) –
Euro 150 000 – 250 000
Total costs (with financing option 50% for the property) –
Euro 147 500
Guidance and process management services offered by SIA PBP
Starting a business in Latvia
Residence permits in Latvia
based on investments
Legal, financial, technical assistance