Being a full member of the EU since 2004, Latvia is also among the countries where the procedure for obtaining a residence permit (residence permit) is quite simple and open. It is this feature that attracts most investors here. First of all, buying any property in Latvia, you immediately get a Schengen visa for a year. And when buying real estate from 100,000 lats (about 144,000 euros) in Riga, Jurmala, Riga district, cities of Republican subordination, you can apply for a residence permit for yourself and your family.
A residence permit in Latvia makes it possible to stay in the country for an unlimited amount of time for 5 years and freely move around the countries of the Schengen Agreement. In the future, the residence permit can be extended.
Latvia is a country with rich cultural traditions, magnificent architecture, beautiful unspoilt nature, sandy beaches on the Baltic Sea coast, unhurried urban life. Due to its rich history and geographical location, Latvia has absorbed the peculiarities and traditions of many countries and has maintained strong ties with Russia and Slavic culture. Also a big advantage is the proximity and convenient transport links – just an hour flight from Moscow.
Latvia boasts a quiet and secluded holiday – there are many places where no one will disturb you, and the magnificent Jurmala with one of the longest sandy beaches in Europe is always at the service of lovers of noisy pastime!
Latvia is a country where European quality is combined with affordable prices. The cost of real estate in Riga starts from 100,000 euros, and the choice will satisfy buyers who are looking for a new home and also those who prefer historical buildings. Unlike many European countries, in Latvia foreigners are allowed to buy real estate for an individual.
We provide full legal support of the transaction and advice on obtaining a residence permit.
