EU LAW FIRM

Residence Permit in Latvia: Available residency programs in 2024

EU LAW FIRM immigration lawyers in Latvia provide clients with legal assistance to acquire European Union residence permits. There are various options and possibilities to migrate to Latvia and acquire a residence permit in Latvia.

Latvia offers the most cost effective and beneficial residence by investment programs in all Europe.

Latvia is home to one of the EU's quickest, simplest, and most affordable Golden Visas. It is a hidden gem in investment migration that provides investors with a unique opportunity that blends elevated global mobility and contingency planning with potentially profitable investments.

The Latvian Golden Visa is well known for having the most affordable minimum investment amount: a €50,000 equity investment in a Latvian company. Combined with the €10,000 fee, the total of €60,000 is by far the most affordable investment category across all of the EU's Golden Visas.

However, the program has other investment options that can be very profitable and are quite interesting. The full list of Latvia's investment options are:

·       €250,000 investment in real estate, along with a one-time government fee equivalent to 5% of the purchase price.

·       €50,000 equity investment in a Latvian company that annually pays at least €40,000 in taxes, along with a one-time government fee of €10,000.

·       €280,000 capital deposit in a Latvian bank for a period of five years, along with a one-time government fee of €25,000.

·       €250,000 investment in special-purpose, interest-free bonds, along with a one-time government fee of €38,000.

EU LAW FIRM lawyers in Latvia offer the formation of Latvian company to domestic and international clients.

Company registration in Latvia can be conducted both remotely and also in person.

Most common types of companies in Latvia:

Standard Limited Liability Company in Latvia so called "SIA" (minimum sharecapital of EUR 2800, no turnover limitations, fast registration, no limitations on board members, no limitations on shareholders, temporary bank account for sharecapital deposit is required);

Low-capital Limited Liability Company in Latvia (minimum sharecapital from EUR 1-2799, no turnover limitations, fast registration, board members must be the shareholders of the company, only private persons can be the shareholders, no temporary bank account is needed);

Joint Stock Company in Latvia so called "AS" (minimum sharecapital of EUR 35 000, must have at least 1 board member, and 3 council members (in case the company share's are publicly traded, minimum number of board members are 3 and council members 5), no turnover limitations, temporary bank account deposit is required. 

Company registration in Latvia can be done quickly and remotely - no local presence is required. Generally, a company in Latvia can be registered after 1 business day when all documents for registration are submitted.

For international clients when founding documents are signed, also notarization and apostille requirements (legalization) of the documents may apply - to find out regarding the document legalization requirements, EU LAW FIRM corporate lawyers in Latvia will advise you. 

EU LAW FIRM lawyers will prepare all necessary documents for company registration in Latvia.

EU LAW FIRM intellectual property lawyers in Latvia and European Union provide intellectual property and copyright protection in Latvia and European Union.

The most common types of intellectual property protection measures in Latvia and the European Union are - trademark registration in Latvia and the European Union, design/industrial design registration in Latvia and the European Union as well as patent registration.

EU LAW FIRM intellectual property lawyers provide such intellectual property protection services:

Copyright protection in Latvia and European Union - in case you are an author of intellectual work (photographer, writer, designer, musician, programmer or any other professional who produce intellectual work) your rights are protected in the European Union and in case of infringement you can protect your intellectual property rights by taking certain enforcement measures against the infringer. EU LAW FIRM intellectual property lawyers in Latvia and the European Union will assist you in copyright protection, guide you through the whole process and fully protect your rights.