There are three main investment options: Invest at least €50,000 in a small company of fewer than 50 employees and with a company turnover of less than €10 million. Prices from € 1 100 till € 201 432 993. Latvia PR by Business Investment. But most European countries offer an added advantage when you purchase real estate there: buy property in Europe and get residency! More than 700 European agencies and private sellers. Foreigners can freely buy, develop and dispose of movable property (buildings) in Latvia, provided that the property was acquired separately from the land on which it stands. Latvia offers residence permits to those who invest in the country. If your budget is limited, simply invest in a trusted Latvian company, pay the fees, and get a European residence permit within three months. Buying a shelf company In order to minimize the burden of establishing a company, a foreign investor can buy a shelf company (i.e. If you invest 250,000 EUR in property anywhere in Latvia or deposit 280,000 EUR in a type of bank deposit, they will give you a five-year residence permit. The property rights of such a shelf company can be transferred to the investor at any time. A residence permit is necessary if you are willing to reside in the Republic of Latvia for a period of time exceeding 90 days within half a year counting from the first day of entrance. Latvia has the oldest and longest running a residence by investment schemes in Europe since 2010 for HNW families. Latvia is a baltic schengen member country which joined the European Union in 2004. Latvia provides the cheapest investment option to immigrate to Europe. A residence permit is issued by the Office of Citizenship and Migration Affairs in Latvia (OCMA). a company that has already been legally formed) in Lithuania. 23 countries where money can buy you a second passport or 'elite residency' ... Latvia — Residency from €64,600 (£58,318 or $74,973). Permanent residence permits; Cheapest European real estate investment program The Latvia residence program now mirrors more of the Golden Visa programs that you’ll find in other places in Europe. Latvia’s residency by investment program has a €50,000 minimum investment requirement. EUR 100,000 business investment in Latvia or EUR 250,000 Government bonds or EUR 250,000 property investment or EUR 300,000 bank deposit or; Latvia immigrant investor program (Latvia golden visa) Residency by investment scheme in Europe. Latvia Residency by Investment Programme. How difficult is the property purchase process in Latvia? On EE24 you could find 5312 properties for sale in country Latvia. 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