Residence permit in Latvia
On basis of your requirements Consulting Agency “Timur Ostrovskiy & partners” provides an integrated solution of all issues, related to the registration of residence permit in Latvia.
Current immigration law of Latvian Republic provides the following reasons for the foreign investors to receive the temporary residence for the period of 5 years:
• investments in the fixed capital of Latvian enterprises;
• financial investments in credit institutions (banks) of Latvian Republic in form of subordinated capital of the credit institution;
• investments in real estate of Latvian Republic.
The residence permit in Latvia automatically allows to move freely around the countries of the Schengen area.
The request for a temporary residence permit in Latvia may be filed by family members (husband or wife, children of minority age, persons under care) together with the investor.
After 5 years, the foreigner, who has received a temporary residence permit, has the right to apply for the permanent residence permit in Latvia, which gives the right to freely move and to live in any country of the Schengen area.
Consulting Agency “Timur Ostrovskiy & partners” does not represent the interests of the particular banks or real estate companies, therefore it can provide objective recommendations on selection of banks and real estate in Latvia.
Consulting Agency “Timur Ostrovskiy & partners” will provide full support on execution of documents for obtaining a residence permit in Latvia in accordance with the applicable legislation of Latvian Republic.
Current immigration law of Latvian Republic provides the following reasons for the foreign investors to receive the temporary residence for the period of 5 years:
• investments in the fixed capital of Latvian enterprises;
• financial investments in credit institutions (banks) of Latvian Republic in form of subordinated capital of the credit institution;
• investments in real estate of Latvian Republic.
The residence permit in Latvia automatically allows to move freely around the countries of the Schengen area.
The request for a temporary residence permit in Latvia may be filed by family members (husband or wife, children of minority age, persons under care) together with the investor.
After 5 years, the foreigner, who has received a temporary residence permit, has the right to apply for the permanent residence permit in Latvia, which gives the right to freely move and to live in any country of the Schengen area.
Consulting Agency “Timur Ostrovskiy & partners” does not represent the interests of the particular banks or real estate companies, therefore it can provide objective recommendations on selection of banks and real estate in Latvia.
Consulting Agency “Timur Ostrovskiy & partners” will provide full support on execution of documents for obtaining a residence permit in Latvia in accordance with the applicable legislation of Latvian Republic.