Residency By Investment
Latvia
The Latvia Residence by Investment Program allows foreign nationals to live, work, and study in Latvia by making a qualifying investment. It also provides Schengen Area travel and a pathway to permanent residence or citizenship.
Latvia Golden Visa
Overview
Register your business in Latvia – Enjoy EU market access, a skilled workforce, and a business-friendly environment.At Ridaa, we handle the entire registration process, including legal compliance, permits, and licenses, making it simple and professional.
Investment
Minimum €50,000 required to qualify.Investments can be made in real estate, business, or approved financial instruments.
Languages
Latvian, Russian, and English are widely used.English is commonly used in business and official communications.
Economy
Focuses on real estate, service sector, and agriculture.Investors benefit from Latvia’s growing and diversified economy.
Currency
The official currency is the Euro (€).
All transactions, investments, and savings are conducted in euros.
Latvia Golden Visa
Investment Program
Business Investment
One popular route is business investment, where applicants invest in or start a Latvian company. The business must remain active and comply with local tax laws, providing flexibility for small and medium entrepreneurs.
Real estate investment
Real estate investment is another option, requiring the purchase of property valued at €250,000 or more. Ownership provides renewable residency for the investor and their family, combining stability with asset growth.
Financial contribution
Latvia also allows residency through financial contribution, such as bank deposits or state payments. This passive option is suited for those who prefer minimal management while securing legal residency.
Employment-based residency
For professionals, employment-based residency is available through a valid job contract. The permit is renewable as long as the employment continues and meets local salary requirements.
Benefits of Latvia
Registering a company in Latvia offers numerous advantages, making it an attractive destination for entrepreneurs and investors seeking to establish a presence in the European Union. Here are some of the key benefits:
01
Access to the Europe
Latvia’s membership in the EU provides companies with seamless access to a single market of over 450 million consumers. This facilitates the free movement of goods, services, capital, and people, enhancing business opportunities across member states.
02
Strategic Location
Situated at the crossroads of Western Europe, Scandinavia, and Eastern markets, Latvia boasts a well-developed transport infrastructure, including ports, railways, and highways. This strategic location makes it an ideal logistics hub for international trade.
03
Attractive Tax System
Latvia offers a competitive and transparent tax regime. Notably, reinvested profits are tax-exempt, and dividends are taxed at 20%. The country also provides a micro-business tax regime with a 25% rate, benefiting small enterprises. VAT rates range from 0% to 21%, with voluntary registration options available for businesses.
04
(SEZs) and Free Ports
Latvia offers several SEZs and free ports, such as those in Liepāja and Riga, where businesses can benefit from tax exemptions and other incentives. These zones are designed to attract foreign investment and promote economic development in specific regions.
05
Digital Business Environment
Latvia is known for its advanced digital infrastructure, enabling businesses to operate efficiently in a digital-first environment. The implementation of technologies like 5G in key areas, such as the Freeport of Riga, enhances connectivity and supports modern business operations
06
Government Support for Innovation
The Latvian government actively supports innovation and technological development through various grants and funding programs. This support is particularly beneficial for startups and companies in the technology sector seeking to develop and commercialize new products and services.
Requirements
The Latvia Golden Visa requires investors to meet the minimum investment criteria and fulfill other necessary conditions. This includes:
Contact Us
Don’t wait any longer. Take action today and embark on an exciting journey to achieve your goals. Let us guide you through the process and help you unleash your true potential.