Benefits

  • Latvia is a member of both the European Union (EU) and Schengen Zone
  • One of the greenest countries in the world
  • High quality of life : Top level health care and moderate prices
  • Very low crime rate
  • Low cost of living compared to other countries in Europe
  • English is widely spoken
  • Opportunity to build your career in all EU countries
  • You can choose Latvia as a gateway to expand your business to all European and even Russian markets
  • The most affordable residency option in Europe
  • Fast track: can get residence permit within 3 months
  • You can include your spouse and minor children (under 18) in the application
  • Children have access to world class education system of EU and EEA countries
  • Low tuition fees, wide range of programs, exceptional faculty and affordable living costs for foreign students
  • Very highly developed bank infrastructure
  • Advanced transport infrastructure
  • Competitive labor and real estate cost
  • Visa-free travel in Schengen area even with a Temporary Residence Permit
  • Undistributed corporate profits are exempt from tax
  • After 5 years you may apply for Permanent Residence Permit and subsequently for citizenship
  • Citizenship transferable to future generations
  • Latvian citizenship allows you to live, work and study in any of the 28 countries of the EU
  • With Latvian citizenship, you will have access to world class heathcare systems of a number of EU countries either free of charge or at a highly subsidized rates
  • Latvian passport grants you visa free access to all European, North and South American countries, Japan, South Korea, Australia, New Zealand and the number of Asian and African countries
  • Allows dual citizenship to EU and NATO member states.