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Latvia

Open a new page in your life in the north, move to Latvia with Advist, start your relocation process by choosing the most suitable one for you from the areas we provide consultancy!

Get a 3-year residence and work permit with your innovative business idea.

Startup Visa program initiated by Latvia aims to enable entrepreneurs living outside Latvia to move to Latvia easily. If the applied project is accepted after the application made to OCMA, the founder gains the right to apply for a 3-year residence and work permit.

Advantages and Disadvantages;
– It is a cheap and fast application within the European Union.
-The evaluation is based on opinions, not individuals.
It also includes spouse and children.
-The whole process proceeds from the country you are in.
There is a possibility of rejection by OCMA.
– The residence and work permit card must be renewed every year.

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Get a 5-year residence and work permit with a real estate investment of 250 thousand €.

With an investment of 250 thousand €, you can earn regular rental income as a property owner and you are also entitled to a 5-year Latvian residence and work permit. The whole process takes 3 months after a suitable property is found for you.

Advantages and Disadvantages;
-It is a quick application within the European Union.
-There is no evaluation, it is accepted if the general conditions are met.
– 5% of the investment is paid once to the government’s budget.
– Spouse and children can benefit.

Requirements for becoming a Latvian citizen.

The person who has an unlimited residence permit at the end of 5 years is entitled to apply for citizenship if he has resided in Latvia for four years in the last five years.

Advantages and Disadvantages;

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