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Latest business news

Latvia: Immigration law amendments
26th May 2014
Latvian parliament adopted amendments to the Immigration Law in Latvia on May 8th, 2014. The amendments will come into force on September 1, 2014. Changes refer to the minimum thresholds of the property that qualifies for temporary residence permit.

Read more news

Immigration - Latvia, Lithuania, Estonia

Baltic Legal offers useful advice and high quality legal support for obtaining temporal residence permit in Latvia and Lithuania through investments. It is possible to receive residence permit for up to 5 years in Latvia and for up to 1 year in Lithuania, that can be renewed at the end of this term. Obtaining residence permit in Shengen agreement Member State grants its owner an opportunity to travel visa-free within Shengen area under the same conditions as for citizen of mentioned Member State. Latvia and Lithuania are present Member States of Shengen agreement. Along with the main investor residence permit can be received by his or her spouse and juvenile children.

The process of obtaining residence permit is relatively complicated and requires knowledge of local legal and procedural matters. Our lawyers will provide necessary consultation in order to choose best way of investment, as well as take care of preparing all necessary documents and obtaining residence permit.

What are the options to apply for
a RESIDENCE PERMIT?
Choose your type of investment!

Latvia

Latvian Immigration Law provides several ways for foreign investor to obtain a residence permit in Latvia.
The most usual options are:

  • Residence permit by investment in real estate, for example, purchase of apartment. Read more
  • Residence permit for company manager, for example, Manager Director, Chief Executive, Board Member, Proxy
  • Residence permit through investment in share capital in the status of shareholder, for example, company formation and registration or acceding to existing company with significant investment
  • Residence permit through investments in subordinated capital of credit institution
  • Other options (non-investment related):
    Student visa: Latvian Immigration Law also provides residency for students. Residence permit for students.
    EU Blue card: If you are highly qualified you can apply for Blue Card.

Lithuania

Lithuanian Immigration Law provides ability to apply for residence permit up to 1 year through investments in business. In order to obtain temporal residence permit in Lithuania, the investment must fulfil following conditions:

  • a company has at least LTL 30 000 (approx. EUR 8 600) share capital;
  • a company has genuine economical activities and pays minimum taxes;
  • the presence of investor is necessary for business activities of a company.

Still wondering?

If you are still considering immigration opportunities and wonder how to apply for residence, what are conditions and how long does it take, visit this webpage and find out all necessary information in one step!
For individual advice, do not hesitate to contact us!

Other content on immigration

Main immigration page
Types of temporal residency in Latvia
Immigration in Latvia - Obtaining residence permit
Temporal residency in Latvia for students
Investment options - Immigration in Latvia for real estate investors
Documents for submission - Immigration in Latvia for real estate investors
Residence permit through investments
Types of temporal residency in Latvia
Conditions on investing in real estate - Immigration in Latvia for real estate investors

WEB devoloper - Artis Zelmenis