Cadastral or appraised value must meet thresholds;
Must buy from Latvian/EU legal entities or residents;
One-time state fee: 5% of property value;
Agricultural and forest land not eligible.
Invest in a subordinated deposit with a Latvian bank:
Minimum amount: €280,000;
Term: 5 years or more;
One-time state fee: €25,000;
Funds returnable only in case of bank insolvency or liquidation.
Invest in the share capital of a Latvian company:
Minimum:
€50,000 for small companies (with €40,000 annual taxes paid);
€100,000 for larger companies (with €100,000 annual taxes paid);
One-time state fee: €10,000;
Applies to both newly founded and existing companies.
Apply through an interest-free state securities program:
Investment: €250,000 in bonds;
One-time state fee: €38,000;
Must be paid via a Latvian bank account.
All options lead to a 5-year renewable residence permit, with visa-free travel in the Schengen Area and eligibility for EU permanent residency after 5 years.
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