Latvia Citizenship
Excellent cultural and transportation ties exist between Latvia
Latvia
On the Baltic coast, Latvia is located within the Schengen region of Europe. Founded in 1201, Riga is the nation’s capital and a UNESCO World Heritage Site. The majority of Latvia’s land is covered in forests, which provide several nature paths and parks. Excellent cultural and transportation ties exist between Latvia and both Russia and Western Europe.
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Citizenship Through Investment in Latvia
The Latvia Residence by Investment Program is one of the fastest and most competitive programs in Europe.
Conditions Leading to Real Estate
Purchase of real estate in Latvia is available in a minimum of € 280,000 either
- One property in Riga
- Two properties outside Riga Capital
Perks of Latvia Citizenship
Among the endless perks of having Latvia citizenship, below are some of them:
- Crossing Borders without Visas
- Second Citizenship for the Family
- Russian widely spoken
- Conducive Tax System
- Quality Medical Treatment
- High-Quality Higher Education
- Visa-free access to Europe’s Schengen Area
- Eligibility to apply for citizenship after 10 years of legal residence
- Excellent transport links with Russia and other EU member states
- No minimum stay is required to be eligible for the residence permit renewal
- Opportunity to start businesses with smaller investments and on lower labor rates
Investment Returns
To become a citizen, each applicant must have lived in the country lawfully for ten years. Investing money in one of the authorized investment choices makes it possible to go through a streamlined process for getting a resident status. The applicant is given a five-year residency permit before being granted permission to remain there permanently. The individual is given the right to seek for citizenship when five years have passed after the day they were granted permanent residence.