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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.

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Immigration

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.

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