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Overview

Latvia Temporary Residence by Investment Program
This program is aimed at high net worth individuals and their families wishing to obtain a 5-year temporary residence permit, with the possibility of obtaining permanent residence and citizenship after fulfilling residency requirements.

Qualifying Criteria
To qualify for the program, applicants must show that they:
•    Have the required net worth to undertake one of the following investments:
o    Real estate purchase of at least €250,000.
o    Subordinated capital of a credit institution: Investment in subordinated capital (debt or adventures) or a 5-year term deposit at an annual interest rate of 4.5% for about €285,000.
o    Equity in capital companies: Minimum investment in equity of about €150,000 without additional conditions, or a minimum of about €35,000 and the capital company employs no more than 50 employees, has an annual turnover of balance lower than €10 million and pays at least €40,000 in taxes each year to the national and local governments.
•    Show that they possess the necessary means for subsistence in Latvia.