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Latvia


Requirements



Restricted Nationalities


No nationality is officially restricted

dual citizenship


Dual citizenship is recognized in Latvia. You are not required to renounce your previous nationality to become a citizen of Latvia.


Documents Required


  • Proof of income
  • Original and photocopy of passport
  • One passport-size photo
  • Evidence of Health Insurance
  • Evidence of Residential Address
  • Receipt of payment of fees
  • Documents certifying Business Investment
  • dual citizenship Yes
  • Family members included Yes
  • land ownership Yes
  • Physical residence required No
  • Personal visit required Yes
  • Language skills required No
  • Interview required No
  • Investment Single €50,000
  • Investment Family 4 €50,000
  • Minimum annual income -
  • Time to citizenship 72
  • Time to permanent residency 60
  • Visa-free countries 181
  • Financing available No

Country details

Latvia
EUR
371
Riga
Europe
Latvian, Russian, Lithuanian
2,217,969

Visa Free Travel

With your new passport from Latvia you'll be able to access 181 countries visa free
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Taxes

  • Property tax Yes
  • Transfer tax Yes
  • Inheritance tax No
  • Net worth tax No
  • CFC law Yes
  • Tax residency days 183
  • Personal income tax rate 23%
  • Capital Gains tax rate 15%
  • Investment income tax rate 10%
  • Territorial taxation No

Consultation with

Flag Theory is an internationalization and offshore solutions provider, and the creator of residencies.io

In order to better serve you, we ask that you please fill out the following form as accurately as you can and provide as many details as possible. Thank you.
Residency by Employment (Work Permits)
Residency by Entrepreneurship (Starting or Relocating your Business)
Residency by Investment in Real Estate or Securities
Residency by having sufficient means (Passive Income)

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Flag Theory is an internationalization and offshore solutions provider, and the creator of residencies.io. We offer expert consultation advice and assistance.

Your privacy is important for us and we will keep your information secure. View our privacy policy

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