Q & A

Latvia

Q & A
Q Where is Latvia located? A Latvia is a country located in the Baltic region of northern Europe, and has borders with Estonia, Russia, Belarus and Lithuania.
Q When did Latvia gain independence? A Latvia gained independence during the demise of the Soviet Union in 1991.
Q What is the capital of Latvia? A Riga
Q What is the population of Latvia and its literacy rate? A The population of Latvia is approx. 19.2 million (2019 estimate), with 99.9% of the population being literate.
Q What is the climate of Latvia like? A Latvia has a temperate climate with four pronounced seasons (winter, summer, spring and autumn) of near equal length. Temperatures vary between -6℃ in winter to 35℃ in summer.
Q What are some of the core benefits of living, working and studying in Latvia? A Some of the core benefits include the following: • One of the greenest countries in the world • High quality of life, with very low crime rate • Lost cost of living compared to other countries in Europe • English is widely spoken • Access to world class education systems of EU and EEA countries • Opportunity to build your career in all EU countries
Q What is the legal system followed in Latvia? A Civil Law System, as well as European Union Law.
Q Which are the prominent industrial sectors in the Latvian economy? A The four cornerstones of the Latvian economy are agriculture, chemicals, logistics and woodworking. Other prominent sectors include textiles, food processing, machinery production and green technologies.
Q How can we acquire temporary residence permit of Latvia? A The temporary residence permit of Latvia can be acquired in any one of the following ways: • By investing in the equity capital of a company for 5 years • By investing in interest free government bonds for 5 years • By purchasing property in Latvia • By depositing money in a Latvian Bank
Q Are there any education qualification, business/management experience or English language proficiency requirements for obtaining a residence permit in Latvia? A No
Q What should be the minimum age of the main applicant? A Over 18 years of age
Q Which are the family members you can include in your application? A Spouse and minor children under 18 years of age
Q Does temporary residence permit allow visa free travel? A Yes, you can travel without a visa to all schengen countries.
Q Can you apply for a permanent residence permit? A Yes, after residing in Latvia for at least 4 years and learning basic level of Latvian language.
Q Can you acquire citizenship of Latvia? A Yes, after 4 years of permanent residency and residing in Latvia and showing proficiency in the Latvian language.
Q Latvian citizenship transferable to future generations? A Yes
Q Does Latvia allow dual citizenship? A Yes, but to EU and NATO member states only
Q Does Latvian citizenship make you eligible to apply for an EU passport? A Yes