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Business & Strategy

 
Created by : Jelena Neteca, EA to Chairman/President/VP, Akvatorija  | 08 06 2010 15:04:59 +0000
Industry : Management & Strategy ConsultingFunctional Area : Capital Management(Corporate Finance)
Activity:  180 views;  last activity : 08 06 2010 15:04:59 +0000

Residence permits for foreign investors

Fastest and easiest way to the residence permit

The Parliament of the Republic of Latvia has passed amendments to the Law on Immigration providing additional possibilities of obtaining a residence permit in the Republic of Latvia. Amendments entered into force on July 01, 2010. 

The residence permit of the Republic of Latvia automatically guarantees free movement of persons within the Schengen area, currently consisting of 25 European countries.
 Having fulfilled one of the below criteria an investor may apply for the residence permit valid for the period of 5 years:
Placement of term deposit - Subordinated term deposit
≥ 300 000 EUR (6% annual rate)
≥ 400 000 USD (5% annual rate)
 Term ≥ 5 years

 Temporary residence permit will be available both for investors and their family members – spouses, underage children and persons that are under the surveillance/official care of such investors. Upon expiry of the term of residence permit investors and their family members are eligible to apply for the renewal.

Fastest and easiest way to the residence permit
 Akvatorija ltd. is ready to provide full advisory services and other support to its customers for obtaining a residence permit of the Republic of Latvia.

akvatorija77@gmail.com

 
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