a child birth benefit and a family state benefit) are only paid to those women who have a permanent residence permit in Latvia. Tuis; Wie is ons; Kalender en Nuus; Foto’s en aktiwiteite; Dienste en Tariewe For example, the StartUp Visa program implies opening a business in the research and development field and have an annual turnover of less than 5 million euros. children above the age of 18 if these can support themselves. However, we decided to present you with other 5 more benefits of Latvia permanent residency.The other 5 advantages which can be obtained alongside permanent residence in Latvia are: the holders of permanent residence permits have similar rights to those of Latvia citizens; so if you have a question – can i travel to europe with Latvia residence permit ? Click on the play button to see the short video. Fast processing, permanent residence permit within 2 months. EU Citizens, who hold a temporary resident permit and have lived in Latvia for 5 years or more, are eligible to apply for a permanent resident visa. What is the best way of moving to Latvia and obtain residence? Then, after 10 years, citizenship is possible. Once the visa is obtained, you will need to buy an Latvia company or register as a sole trader. The Latvian business investment option is the only EU residence permit costing less than one-fifth of other European visa investment options. For additional information please refer to the homepage of OCMA. Economic Residence permit . However, you are also entitled to have certain benefits, and namely: a maternal benefit and parents’ benefit. A residence permit is a document providing a foreigner the rights to reside in the Republic of Latvia for a definite period of time (a temporary residence permit) or permanently (a permanent residence permit). Your children will get a European education, and you may even start a European business. Our immigration lawyers in Latvia can offer expat support to non-EU citizens seeking to apply for permanent residence permits. The investor will become a board member or similar to qualify for residence permit (TRP) valid for five years.This residence permit can be used for free movement in the Schengen area as Latvia is an EU member state and part of schengen area. Obtaining permanent residence in Sweden is something that most permit holders living in Sweden strive for. The country is economically and also socially highly developed, and almost everybody speaks English. Certain types of benefits (e.g. If you are interested in immigration to Latvia and want to apply for one of the visas available for foreigners, our lawyers can guide you. CCC February Admit Card 2021 — NIELIT Computer Course Cycle February Exam Date, Sainik School Admission Form 2021-22 ऑनलाइन भरे, AISSEE 2021-22 Application Form Apply Online Link, Dates, MDU Reappear Result 2021 , Maharshi Dayanand University 1/2/3/4/5/6th Sem Re-appear Results, HTET Result 2021 Name wise (Released): Download HP TET Merit , Cutoff Marks @ bseh.org.in. If you intend to stay in Latvia for a period longer than three months, you are required to apply for a residence permit. Returning to one of the best ways of obtaining Latvia permanent residency, we cannot skip the Golden Visa Program which requires: This program targets high net worth individuals who want to immigrate to Latvia and one of its greatest benefits is that it offers the possibility of owning real estate in this wonderful country. Migrants from across the globe are moving to the country–both on temporary and permanent basis–for investment, business and other important purposes. With the help of our lawyers, immigration in Latvia can become simpler, as all the requirements will be explained in detail. Each program has its own requirements, and if you want to move to Latvia through one of the two programs you are advised to consider the conditions imposed under both of them. Among these, investments in research and development (R&D) activities are encouraged in Latvia . This type of residence permit is not difficult to obtain, however, in terms of requirements, one of the most important refers to securing contracts that allow for sufficient means of supporting oneself. This application process offers refugee claimants the option to apply for permanent residence if they. Extended rights given by Latvia permanent residence, The EC long-term residence permit one of the best ways of immigrating to Latvia, Permanent residence in Latvia can be obtained in 5 years, Access to an important labor and business market. Latvia is the least populated Country in the European Union and has … If you get an EU long-term residence permit, you will enjoy almost the same rights as the nationals of the country you are living in. The Latvia government has enabled two programs under which investors from non-EU countries can relocate to Latvia . According to PMLP statistics, in 2010 2,495 first-time temporary residence permits were issued and a remarkable 6,123 first-time permanent residence permits. The new limit introduced in 2014 applies to the first 800 applicants. As a matter of fact, Latvia is one of the friendliest countries in Europe when it comes to the facilities offered to third-country individuals moving here. The cheapest option for European residency. The main ways of obtaining Latvia Residence Permit, Latvia permanent residence for EU citizens, Applying for a permanent residence permit for non-EU citizens in Latvia, Documents required for an Latvia permanent residence permit, Restrictions for certain applicants for Latvia Residence Permit, The benefits of obtaining Latvia Residence Permit, Assistance in obtaining Latvia Residence Permit, Residence permits in Latvia for corporate situations, The Start-Up Visa for permanent residence in Latvia, The Latvia self-employment visa for foreign citizens. This way, those applying for a long-term residence permit will be automatically granted permanent residence after 5 years of continuous living in Latvia .Our immigration lawyers in Latvia can explain the requirements for obtaining permanent residence permits. Also, the Latvia employer will apply for the residence permit on your behalf of Latvia , following which you will also need to complete a few steps with the Latvia embassy or consulate in your country. proof that the foreign citizen has lived in Latvia for 5 years (the temporary residence permit); the registration certificate issued by the local police force upon entering Latvia ; proof of having a legal address in Latvia (a rental contract or a recent utility bill); proof of means of self-sustenance (bank statements, tax returns, payslips issued by the employer); the criminal record and the application form issued by the Latvia authorities. It should also be noted that it may take up to 3 months for obtaining the Latvia permanent residence. About the public policies. Moreover, you can invite your relatives for visa purposes, up to and including second-degree relatives. Entrepreneurs have another way of relocating to Latvia and that is by obtaining a self-employment visa. Dividends received by individuals are taxed at 10 %. Permanent residence benefits. You can obtain more information on how to immigrate to Latvia through employment from our lawyers. To register the residence permit the foreigner shall present following documents, as well as an application: a valid travel document recognised in the Republic of Latvia; a document confirming that the foreigner holds a valid health insurance policy (the policy is not required when registering the permanent residence permit). If the applicant desires, he or she can also file in Latvia . ... – Holder of a temporary residence permit has partial right to receive social benefits (welfare). Evidence of Residential Address. A residence permit is a document that gives a foreign citizen the right to temporarily (a temporary residence permit) or permanently (a permanent residence permit) stay in the Republic of Latvia. We can help during the entire application procedure, no matter if you have worked or if you are an entrepreneur interested in obtaining an Latvia permanent residence permit.Our lawyers will also explain the rights and obligations attached to becoming a permanent resident with the purpose of further applying for Latvia citizenship. Our law firm can advise non-EU citizens on the requirements related to Latvia immigration. 2. Types of residence permits. You and your family do not have to live in Europe prior to applying for Latvia residence permit. The main condition for obtaining such a visa is to have a minimum annual income of 31,000 euros. These are the StartUp Visa and the Residency by Investment Scheme. In 2007, Latvia joined Europe’s Schengen Area, which brought significant benefits to the country’s citizens and residents. Indeed, this is one of the 5 most important advantages when seeking to obtain residency in Latvia . The drop-off in applications has been sharp. Latvia, one of the Baltic states, is in the European Union and a Schengen member state, therefore, the benefits are endless. If you want to move to Latvia under the Residency by Investment Scheme, the investment conditions start at 500,000 euros. Depending on the type of residence permit, foreign citizens are required to renew their permits on a regular basis. Permanent residency is available for both EU and non-EU citizens who have lived in Latvia for the prescribed periods under the country’s Immigration Law. Additionally, the procedure of applying for this type of residence permit is quite simple. They can apply for permanent residence if they intend to live in Latvia for more than 90 days or 3 months.Permanent residence for non-EU citizens is also available under the Golden Visa Scheme, however, this program targets wealthy individuals who want to move to Latvia based on investments. According to PMLP statistics, in 2010 2,495 first-time temporary residence permits were issued and a remarkable 6,123 first-time permanent residence permits. A residence permit is initially issued for one year and should be renewed annually. Latvindia helps investors and their families to move and settle down in Latvia; and supports the education of their children. Voluntary coverage for permanent residents of Latvia who are not compulsorily covered and are not receiving an old-age pension; and for the spouse of a self-employed person younger than the normal retirement age. After arrival to the Republic of Latvia make an appointment and visit the OCMA in order to obtain the residence permit or to a regional division and receive a residence permit. You can also read about the benefits of permanent residence in Latvia in the scheme below: Non-EU citizens must follow specific procedures when applying for permanent residence in Latvia . By law of the Republic of Latvia an Investor can apply for a residency permit. However, we decided to present you with other 5 more benefits of Latvia permanent residency.The other 5 advantages which can be obtained alongside permanent residence in Latvia are: Obtaining a permanent residence permit in Latvia is not difficult. Tuis; Wie is ons; Kalender en Nuus; Foto’s en aktiwiteite; Dienste en Tariewe There are many benefits of Latvia temporary residence. One of the main programs dedicated to non-EU citizens is the Start-Up Visa program which was launched in 2012. It is also good to know that a mandatory requirement for obtaining a residence permit in Latvia is to have health insurance which implies the following: If you want to move to Latvia but are not acquainted on the ways you can do that, here are 5 tips on how to relocate and obtain an Latvia residence permit: Our Latvia immigration lawyers advise you to consider your options and take into account that you will need to learn Latvia if you plan on applying for citizenship after obtaining residence here. – After permanent residency, the person is subject to the full social benefit system. The Latvia permanent residence permit is granted under certain conditions and it depends on the nationality of the applicant. The associated expenses can be paid in stages over the course of five years. This declaration must be filed within 8 days from entering Latvia .EU citizens have the right to apply for permanent residence permits after living for more than 3 months in Latvia . The applicant should provide evidence on a university graduation certificate. The drop-off in applications has been sharp. Another requirement that does not have to do with money is for the company to operate in innovation. Whereas the child’s father is entitled to be paid a paternity benefit. One of the most advantageous ways of moving to Latvia is as a businessman. Just buy a real estate in the Latvia, you will receive a Temporary residence permit (TRP) in Latvia which is valid for 5 years. Benefits of the EU Long Term Residence Permit. However, if you are planning to obtain Latvian Permanent Residence Permit (PRP), you can do that after 5 years of holding TRP status and you should to reside in Latvia continuously during these 5 years of holding TRP. You can rely on our immigration lawyers in Latvia for specialized support in applying for all the visas available in this country. Medical benefits: Resident Latvian citizens and noncitizens with residence permits. After that the investment limit rises to €500,000. https://www.henleyglobal.com › residence-investment › latvia A minimum investment of EUR 50,000 is required to receive temporary residence permit (5 years) in Latvia. Who can apply for Latvia Residence Permit? There are several conditions imposed on both EU and non-EU citizens interested in obtaining Latvia Residence Permit. Those who have valid temporary residence permits and have not met the 5-year living requirement are also restricted for applying for permanent residency until the last requisite is fulfilled. A residence permit is necessary if you are willing to reside in the Republic of Latvia for a period of time exceeding 90 days within half a year counting from the first day of entrance. If you decide to move to Latvia as an entrepreneur, you will also be allowed to obtain employment within the company you purchase. It may surprise you that Latvia is regarded as one of the most beautiful countries in the world. In the same category enter those who come for scientific purposes or for vocational training to Latvia . Latvian residents are liable for personal income tax (PIT) on their worldwide income. LOW COST: Total cost is €360,000 of which €300,000 will be refunded after 5 years. a minimum of 500,000 euros to be invested in a start-up business; 1 million euros if the investment is made under the form of a philanthropic donation; real estate investment is also accepted, as long as the value of the property is 300,000 to 500,000 euros; a minimum annual income of 100,000 euros of the applicant is also required. Latvindia also helps in everyday life of the investor's family in Latvia. Social Benefits – Holder of a temporary residence permit has partial right to receive social benefits (welfare). There are many benefits associated with obtaining an Latvia residence permit, however, permanent residence is the first step to Latvia citizenship which makes one of the most important perks when relocating to Latvia as a foreigner. They must also have clean criminal records.There are several ways in which the Latvia permanent residency can be obtained: It is very easy for EU citizens to apply for a permanent residence permit in Latvia , as they only need their valid IDs or passports when entering the country. Copyright © 2021 Golden Era Education | Powered by [B.L Rakhla], Latvia Residence Permit 2021 Check Permit benefits & Apply for Latvia Residence Permit Online. Upon approval at the Office of Citizenship and Migration Affairs of the Republic of Latvia, the investor should visit Latvia in person within three months to collect their temporary residence permit in the form of an ID card. After ten years of legal residence it is possible to apply for Latvian citizenship (EU citizenship). If you want to move to Latvia and obtain residence, here is a brief comparison between the ways in which you can achieve that based on the time, complexity of the procedure and the possibility of obtaining residency: For full information on how to obtain a permanent residence permit or immigration to Latvia , please contact us. So, if you’d like to obtain permanent residence, you must have actually (physically) resided in Latvia for at least four years out of five. Secondly, EU citizens can always acquire a Latvian residence permit based on the free movement of persons. A residence permit is a document providing a foreigner the rights to reside in the Republic of Latvia for a definite period of time (a temporary residence permit) or permanently (a permanent residence permit). Latvia is one of the most prolific economies in Europe, so it can be a right fit for both those who want to work or have their own businesses here.It is good to know that all applications for residence visas in Latvia must be filed with the National Police. Yes, to work in Latvia UK nationals should obtain a visa/residence permit with work permit, unless they can rely on an exemption such as: holder of a permanent residence permit or a residence permit as a long-term resident of the European Union in the Republic of Latvia; It must be noted that in order to obtain Latvia Residence Permit, a temporary residence visa must first be obtained.The temporary residency visa must be obtained by non-EU citizens when first arriving in Latvia . – After permanent residency, the person is subject to the full social benefit system. If you want to move to Latvia and a job opportunity is your option, then you should know that you will need to apply for a job first and then wait for the Latvia company to obtain the necessary paperwork and send you the employment contract before coming to Latvia . Health insurance which covers expenses in the amount of 30,000 euros per year is also necessary. In 2014, the number of such applications exceeded 2,500. QUALIFICATION CRITERIA: Investment in real estate, subordinated capital, Latvian company or government bonds. If a couple wants to move together to Latvia , the minimum income is set at 38,000 euros per year. As a result, you may move to another EU country, you can live, study and work in that country, like Germany or Netherlands. Italy Photo by Joshua Newton on Unsplash. A residence permit is a document providing a foreigner the rights to reside in the Republic of Latvia for a definite period of time (a temporary residence permit) or permanently (a permanent residence permit). the holders of permanent residence permits have similar rights to those of Italian citizens; Italy is one of the few European countries where permanent residence can be obtained after 5 years; the right to travel freely to all EU and Schengen area countries is another advantage of a permanent residence permit; access to a market in which a foreigner can work or even start his/her own business. Those who want to immigrate to Latvia must enquire with the Latvia embassy or consulate in their countries and ask information on the documents needed.Non-EU citizens must first apply for a temporary residence permit which is issued for a period of 5 years, followed by the application for the Latvia permanent residence permit. Foreign citizens who want to retire and live permanently in Latvia can apply for an elective visa. It shares Borders with Estonia, Lithuania, Belarus and the Russian Federation. There are two types of residence permits which can be obtained in Latvia : the temporary residence permit and the permanent residence permit. In addition there is a government processing fee of €25,000 or 5% of the property value. 012 997 2882 firstname.lastname@example.org. The main benefits that come from an EU permanent residence card are: You will have access to employment and self-employed activity. 1. EU citizens must only register with the police department in the city they live in without being required to apply for a temporary residence permit. RCP is a leading independent immigration service firm, offering the best residency and citizenship by investment options in Europe. Required Documents Evidence of Health Insurance. Foreign citizens working in Latvia based on a temporary work permit are required to apply for renewal depending on the sector they work in. Persons who want to enter the Latvia workforce can apply for a European Blue Card, issued for employees with a high level of skills in a designated field of activity. If you want to retire to Latvia and obtain residence, you will have every chance of succeeding by applying for an elective residence visa. Get Residency in Latvia. PR is permanent permission In the case of EU citizens, the minimum period of stay is 4 years, while for non-EU citizens the minimum period of stay is 10 years based on the permanent resident status. Among the requirements to fulfill in order to obtain an elective residence visa is to have health insurance worth 30,000 euros. Below, our local lawyers who specialize in immigration matters in Latvia offer a guide on how to obtain a permanent residence permit. However, you are also entitled to have certain benefits, and namely: a maternal benefit and parents’ benefit. You can live and work and study in Latvia. As an EU-member state, Latvia integrated many EU policies in its national legislation and among these those related to immigration. Your children will get a European education, and you may even start a … This type of residence permit is one of the simplest ways of immigrating to Latvia . We can also assist those who want to come to Latvia as entrepreneurs or those who want to obtain Latvia passports. The main requirement for qualifying for this program is to invest 50,000 euros, however, the amount can be higher. However, the applicant must prove they have sufficient financial means to support themselves and their dependents, as well as submit proof of their relationship with the dependents. This is the cheapest offer in Europe. a cover letter providing for the funds to invest in the project. As of 2 April 2012 the residence permit is issued in the format of the identification card, therefore biometrics details must be delivered prior to receipt of the residence permit (fingerprints (starting … Also, asylum seekers who in the process of obtaining recognition as refugees cannot apply for permanent residence until their status are clarified.Those who enter Latvia for humanitarian reasons seeking temporary protection cannot apply for Latvia Residence Permit. The amazingly beautiful and nature-blessed baltic region of Latvia has, lately, emerged as a leading immigration destination. First of all, individuals personally connected to Latvia are entitled to a Latvian residence permit (Latvian ancestry). Foreigners may set up an Latvia limited liability company following the legal procedures. In this case, the minimum investment is established at EUR 50,000. Apart from living for 5 years in this country, these must also prove they earn sufficient money to support themselves and that they speak Latvia fluently and know the national customs. Foreign investors who want to open a company in Latvia can obtain a residence permit in specific situations. Certain types of benefits (e.g. The total value of the real estate must be at least €250,000, or outside the said administrative territories – no more than two immovable properties … based on a work permit which entitles the applicant to live and work in Latvia prior to applying for permanent residency; based on a residence permit for entrepreneurs which allows foreign citizens to start their own businesses here; based on an investment in a specific domain of interest acknowledged by the Latvia government; based on a self-employment visa which allows the foreigner to act as a sole trader in Latvia . How to move to Latvia as a businessperson, Moving to Latvia through an investment program, Move to Latvia by retirement and obtain residency, Moving to Latvia as a spouse of an Latvia citizen. You will need to file evidence of your marriage with the Latvia citizen together with other documents in order to immigrate to Latvia this way. Applications for a temporary or permanent residence permit presented to the National Immigration Service must be submitted through a legal representative, in accordance with the requirements established for each category of visa or permit, with the exception of the category that is requested from outside the country and the category applying to [residence for purposes of] … Temporary Resident Permit Requirements for EU Citizens. Latvian residency is especially attractive as it provides visa-free access to Schengen Area member states and facilitates visa application to other developed countries. The Republic of Latvia is a European Union Member State and located in the Baltic Region of Northern Europe. Personal income tax rate at 23 %. The application process for residence takes 30–90 days. Benefits. You can have 5-years renewable residency permit, which can include your family. Investors may also obtain a startup residence permit, which was established under the local legislation for the registration of startup companies that provide innovative products or services. There are the following legal ways to get residence permit in Latvia: Proof of income. Our immigration lawyers in Latvia can offer more information on these programs. Below, we invite you to read about 5 of the most important advantages of obtaining a residence permit in Latvia . If you are married to an Latvia citizen and are living abroad, you can move to Latvia with your spouse and apply for a residence permit. Non-EU citizens benefit from various means through which they can obtain permanent residency and even Latvia citizenship if they want to. We are not accountable for miscommunication or data misalignment. “Continuously” means that your absence from Latvia during these given 5 years should not exceeded 6 consecutive months or altogether does not exceed 1 year. Latvia is part of the Schengen zone of Europe, allowing you to travel freely throughout Europe without the need for a Schengen visa. Non-EU nationals have the right to apply for permanent residence permits after 5 years of continuously living in Latvia , while for EU citizens the requirements are less stringent. have worked a minimum number of hours in Canada’s health-care sector during the COVID-19 pandemic ; provided direct patient care as part of their job In their case, a simple declaration of presence with the police station of the city they live in is sufficient. In comparison, other countries offer permanent residence permits after longer periods of time or impose stricter immigration conditions.If you need assistance in immigration to Latvia , we can help you with dedicated expat support services. Under this scheme, non-EU citizens can set up companies in Latvia and relocate here, therefore, they will be able to both live and work here. After five years of legal residence it is possible to apply for permanent residency. The residence by investment program in Latvia offers various advantages to the applicants. You will first need to apply for a short-stay visa following which you can apply for an entrepreneur visa. With a Latvian residence permit, you can live and work (get a job) in a highly developed European country. The permit is given for a period of 5 years which can be extended to a permanent residency and possible passport. ALL travelers currently arriving to Latvia from India are required to undergo 14 DAYS SELF-ISOLATION! In these particular situations, the legal framework stipulates that a representative of the foreign company may apply for an intra-company transfer residence permit. Our immigration lawyers can explain the requirements related to immigrating to Latvia .Here are the 5 advantages of obtaining permanent residence in Latvia : Those who obtain permanent residence in Latvia will usually have similar rights to Latvia citizens, except for voting rights. Coverage will change as of 2019. With a Latvian residence permit, you can live and work (get a job) in a highly developed European country. A residence permit is needed if you want to stay in the Republic of Latvia or in Schengen area for more than 90 days in a six-month period. One passport-size photo. Your spouse and your minor children up to age 18 will also receive a Latvian residence permit. 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