Latvia
The Republic of Latvia has first been proclaimed in 1918 and is located in North East Europe right at the Baltic Sea. Through the world wars Latvia has been occupied by different Nations but was independent until 1945 and gained back independence in November 1991. Together with Estonia and Lithuania it is part of the Baltic three and known for it’s Scandinavian lifestyle. In the recent years the Baltic three have claimed their position in the eastern EU as Hotspot for Fintech’s and strive to become Europe’s Financial Center of the North.
Discover it’s beautiful Capital City Riga, a calm nordic beauty inviting you to enjoy a very diversified choice of excellent international restaurants or just to blend into the Latvian City life, to experience the modern and historic side of a City you will love to be part of. Leaving Riga, after only a short ride, Latvia will unfold it’s true beauty to you.
Countless forrests and fields, sandy beaches at the Baltic Sea, Europe’s widest waterfall and plenty of castles are only a few reasons why Latvia is such a beautiful country. Latvia is a full member of the UNO, EU, NATO, Schengen and part of the Euro-zone.
Latvian Residency Investors do not have a minimum stay requirement and are therefore not subject to taxation on their global income if they do not reside permanently in the country. Companies in Latvia enjoy a 0% capital gain tax if profits stay in the firm or are reinvested. With this favourable tax regime Latvia wants to create an attractive environment for international companies who want a base in the EU. The official currency is the Euro.
The main language is Latvian, however, English is widely spoken and understood due to the high amount of international visitors, students, and residents.
Program Features
Processing time approximately 1 – 3 months. For Citizens of selected Countries there is a Fast Track reviewal option starting from 5 days
Residency is granted for main applicant, spouse and all children below 18 years of age
Spouses and dependant children can be added after approval
Benefits
Free travel in the entire Schengen Area
with PR easier settlement procedures in other EU countries
No physical presence required
Excellent flight connections through all large European Airports
Key facts
Capital City : Riga
Languages : Latvian
Currency : Euro (EUR)
Population : 1,907,675
Time Zone : UTC −2
Area : 64,589 km2
