HOW TO OBTAIN RESIDENCE IN LATVIA,
PREPARING FOR IMMIGRATION WITH FIDULINK
Reside in Latvia
Latvia, the Baltic country in northern Europe, has viable economic aspects and stable growth. The country joined the EU in 2004 and represents a safe ground for starting a business. You have the opportunity to work independently, on your own. A stay that exceeds 90 days per semester requires an application for a permanent residence permit.
A European citizen who has spent 5 years without interruption in Latvia and on the basis of a provisional permit, can apply for permanent residence.
While driving on Latvian soil, the non-European national has the right to hold a visa or residence permit. In this case, the temporary stay or the long stay is essential for those who want to undertake business. Better still, Latvia grants you permanent residence.
Benefits of the residence permit in Latvia
The residence permit allows you to enjoy many benefits such as social and economic rights. It no longer requires an entry visa and gives the opportunity to live, to work without the need for a contract and can hope for support in case of unemployment.
He will also be able to benefit from medical care on the territory. You do not have access to political rights like participation in elections.
3 months before the expiry of the residence permit, the application for the permanent residence permit and all the necessary documents must be submitted to the citizenship and migration office. You can also hand in the papers at consular or diplomatic representations of the Republic of Latvia.
Possession of this permit does not automatically lead to other EU countries. You must apply for a "Permanent Resident EU" and have sufficient income to support yourself and your family. You must have spent 5 years in an EU country.
Permanent residence in Latvia involves investing in real estate. The investor can be one of the eligible members of the TRP (temporary residence permit). A waiting period of 2 to 3 months is necessary before receiving the permit. Its validity is limited to 5 years after which you can apply for permanent residence.
Preparing for immigration to Latvia with FIDULINK
Latvia welcomes you as an investor accompanied by your permanent residence permit. FIDULINK offers its services online from its platform. You have the advantage of being able to build multiple companies from the stock portfolio. Several investment areas open to investors. Raw materials, mining products, startups, real estate etc.