LATVIA IMMIGRANT INVESTOR
The Latvia residence by investment program was first introduced in 2010. It has since become a popular program for those looking to relocate into an EU country. The Latvia Immigrant Investor Program offers 4 investment options including a real estate investment option. The Latvia RBI program provides a 5-year resident permit to approved applicants, after which they can apply for permanent residence. After a further 5 years of holding permanent residence, they become eligible for Latvian citizenship. Latvia’s passport is one of the world’s best, with visa-free travel to the U.S. and freedom of movement across Europe.
Stage 1 Month 1
Gather the required documents and submit the Investor application, including the application fees, to the authorities. The investor is required to commit to the investment. You can choose the application processing time option of 30/10/5 days for a fee of 150/300/450 EUR.
Stage 2 Month 1-2
The application is approved; the applicant is required to travel to Latvia to give his biometrics and finalize his investment.
Stage 3 Month 2
The applicant receives a resident permit valid for 5 years.