How to Obtain a Residence Permit in Latvia Through Real Estate Investment

1. Purchase a Qualifying Property:

   • Buy one property in Riga, Jurmala, or other eligible areas, valued at a minimum of EUR 250,000.

   • Outside of these areas, you can buy two properties, each valued at EUR 125,000 or more.

   • The property must not be vacant land, agricultural land, or forest land.

2. Submit Your Documents:
   We help you gather and submit all required documents, including:

   • A full copy of your passport.

   • A completed residence permit application form.

   • A photo.

   • Proof of sufficient funds (EUR 1,500 per month, plus EUR 500 for an adult family member and EUR 150 for a minor).

   • Proof of property payment by bank transfer.

   • Proof of no real estate tax debts (if applicable).

   • A certified real estate appraisal (if needed).

   • Proof of state fee payment.

3. Additional Services:
   We provide comprehensive assistance, including legal paperwork, document translations, and support with every step of the process. Beyond securing your residence permit, we also offer ongoing property management, maintenance, and renovation services to help you protect and grow your investment.

4. Final Step:
   After receiving approval, you must pay 5% of the property's purchase value into the state budget.

 

So with our expert guidance and post-purchase services, obtaining your Latvian residence permit through real estate investment is straightforward and hassle-free.