The immovable property cannot consist of agricultural land or forest land. The minimal cadastral value has been increased to 80,000 EUR. Besides 5% of the value of real estate will have to be paid into the state budget by third-country citizens who apply for Latvia’s residence permit for the first time. The real estate shall be inquired only form the legal persons registered in Latvia, Latvian citizens, noncitizens, EU citizen, or person with the residence permit of Latvia. The transactions have to be done with clearing and no debt is allowed with regard to real estate tax. The property might be bought by you as individual.

In this case you must have income 1080 EUR per month and place of residence in Latvia. The residence permit will be issued per 5 years and once per year you might register in Immigration department.

If 35’000.00 EUR are invested, the company shall pay in taxes at least 40000.00 EUR within a financial year, has maximum 50 employees and annual turnover cannot exceed 10 000’000 EUR, for maximum 3 persons. If150000.00 EUR are invested, the company shall has more than 50 employees and annual turnover shall exceed 10000’000.00 EUR.  

In this case you must have income 1080 EUR per month and place of residence in Latvia. The residence permit will be issued per 5 years and once per year you might register in Immigration department.

If a person (individual) invests at least 280000.00 EUR in a credit institution mean Bank for (at least) 5 years term (without rights to discontinue this investment earlier). 25 000 EUR will have to be paid into the state budget by third-country citizens who apply for Latvia’s residence permit for the first time  

In this case you must have income 360 EUR per month and place of residence in Latvia. The residence permit will be issued per 5 years and once per year you might register in Immigration department

• A person registered in the Latvian Commercial Register as the Board or the Council, managing or a person authorized to represent a corporate entity (a foreign corporate entity) in activities related to the branch office in Latvia; The company must be registered per 1 year, has to pay in taxes min. 21 350 EUR per year.  

In this case you must have income 1432 EUR per month and place of residence in Latvia. The residence permit will be issued per 5 years and once per year you might register in Immigration departmen

• A representative of a foreign corporate entity. The representative office must prove their business activity by presenting of concluded agreements.  

In this case you must have income 360 EUR per month and place of residence in Latvia. The residence permit will be issued per 4 years and once per year you might register in Immigration departmen

In this case you must have salary 716 EUR per month and place of residence. The residence permit will be issued per the term of the Employment agreement. Receiving of the work permit and announcement of the vacancy (1 month before receiving of the work permit) is required before receiving of the residence permit.

Person spouse and minor children, as well as dependants can receive the residence permit on the ground of your received residence permit. Person spouse income per months must be 360 EUR, a child–216 EUR.