- Property Purchase
- Residency
- Latvia
Latvia, one of the best European countries and a Schengen member, offers residency through investment in active businesses by purchasing shares, attracting many investors from around the world annually. Investors must invest at least €50,000 in an active company in Latvia and renew their residency every year. If they comply with the law, they can even have a chance to obtain permanent residency after 5 years.
About Latvia
Latvia is a Baltic country in Northern Europe, bordered by Estonia, Lithuania, Russia, and Belarus, and connected to the Baltic Sea on the west. Its capital, Riga, is the largest city, renowned for its stunning architecture, rich history, and vibrant culture.
With a population of approximately 1.9 million, Latvia boasts pristine nature, including lush forests, beautiful lakes, and sandy beaches. It regained independence from the Soviet Union in 1991 and has since become a member of the EU and NATO, progressing economically and technologically. Latvia also prides itself on folk music, traditional festivals, and a deep cultural heritage.
How to Obtain Latvia Residency through Stock Purchase?
Stock Purchase
Investing in shares of an active company with a minimum value of €50,000.
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The main applicant
Their spouse
Children under 18 years of age
If your family has special conditions...
Our experts at White Bird are ready to assist you. You can contact us and receive free consultation for your immigration needs.
Key Features of Obtaining
Latvia Residency through Stock Purchase
Simultaneous application for all family members
Low investment with extraordinary results
Receive Latvia residency (Schengen)
Chance to obtain Latvian citizenship after 7 years
Education for your children in international schools and Latvian schools
Additional Benefits of Latvian Residency
Timeline
Contract Signing
Consultation with experts and lawyers from the White Bird Group and contract signing.
Receiving Residency Card
At this stage, you will receive your residency card.
The entire process will take about 6 months.
Latvia Residency through Stock Purchase
One of the ways to obtain Latvian residency is by investing in the country’s stock market. This option allows foreign investors to gain temporary residency, and eventually permanent residency, by purchasing shares in registered companies in Latvia.
Requirements for Obtaining Latvia Residency through Stock Purchase
To qualify for this program, applicants must invest at least €50,000 in the shares of an active company in Latvia. Additionally, a government fee of €10,000 is required.
Benefits of Residency through Stock Purchase
- Right to reside in Latvia: The applicant and their family (spouse and children under 18 years old) can obtain temporary residency and extend it.
- Access to the European Union: With Latvian residency, visa-free travel to Schengen countries is possible.
- Investment opportunity in Latvia’s growing economy: Investing in shares of reputable companies can be profitable.
- No need for permanent residency in Latvia: Permanent residence is not required, but the residency extension conditions must be met.
Process to Obtain Residency
- Select a reputable company and invest at least €50,000 in its shares.
- Submit an official application to the Latvian Immigration Department.
- Pay the government fees and provide necessary documents (including identity proof and proof of investment).
- Receive a temporary residency permit with the possibility of extending it towards permanent residency.
This method is an attractive option for investors seeking residency in a European country and access to European Union markets.
