How to Move to Latvia? (Visa, Residence Permit, EU and Non-EU Citizens)
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- เผยแพร่เมื่อ 18 มี.ค. 2021
- How to move to Latvia? Let's discuss how you can immigrate to Latvia and obtain a residence permit as an EU and Non-EU citizen
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Are you considering moving to Latvia? In this post we will discuss the options to get a residence permit in the country as an EU and as a non- EU citizen, for the purpose of work, business, investment and study. We will also list the advantages and disadvantages about living in Latvia.
00:47 Latvia Overview
Latvia is a country in Northeastern Europe, and part of the Baltic States together with Estonia and Lithuania. The country is a full European Union member, a member of the Schengen area, and currently uses the Euro common currency. The economy of Latvia is relatively stable, and the country has experienced huge economic growth since it got independent after the collapse of the Soviet Union in the 1990's.
However, Latvia is currently the worst performer in terms of recent economic development in the region. Lithuania is doing a bit better than Latvia, and Estonia is doing fairly better than both.
Below, we will analyze the options if you want to move to Latvia, temporarily or permanently.
01:30 Latvia Residence Permit for EU Citizens
If you are an EU citizen and you want to live in Latvia for more than 3 months, you need to register your stay. The process is pretty straightforward and you can do everything after you are already in Latvia. You will need to either own real estate, have a rental contract, or the consent of a property owner in Latvia to live and register your address there.
In Riga, usually it will take longer for you to register your stay than in other parts of the country. However, in Latvia, you can register your stay in any city, it doesn't necessarily need to be in the city where you live. This way, you can get it done much faster, and get your Latvia residence card in a matter of just a few days.
Once registered, you can go on and start your activities, whatever they might be: work, study, retirement, non-economic activities broadly with the same rights as citizens of Latvia.
02:26 Latvia Residence Permit for Non EU Citizens
If you are not an EU citizen, things are slightly more difficult. However, Latvia is one of the EU countries with the highest availability and flexibility in terms of residence permits for non-EU nationals.
There are residence permits for most categories. Currently, they include, non-EU citizens residence permits for study, work, running a business, self-employed persons, real estate and bond investors, retirees, and many others. Let's cover a few them below. There are really many, so we will not cover all of them.
02:58 Residence Permit for Business
Firstly, let's check how to get a residence permit to run business in Latvia. There are a few different options, including residence permits for company shareholders, for self-employed persons, and also, if you want to run a start-up company in Latvia.
The disadvantage here is that things are not that easy. While anyone, even non-EU citizens can freely open a company in Latvia, getting a residence permit involves a number of requirements to be met.
The most difficult requirement in my opinion is that your business plan must be checked and approved by a sworn auditor. But, at least you can set up the business plan initially and try to get it approved. If it does, then you can move on and actually invest.
The easiest option if you want to run business in Latvia is going for the Startup Visa. The financial requirement to apply is just 6000 euros, but remember, you will still need to get your business plan approved.
03:59 Residence Permit for Investors in Latvia
Now, let's check two options that I consider some of the best ones if you want to live in the European Union and you want to be a passive investor, as opposed to an active business manager.
The first option is the real estate investment residence permit in Latvia. You need to make a real estate investment of 250.000 euros to qualify for this residence permit, plus some government fees. There is no minimum number of days you need to stay in Latvia to renew it.
The second option is investing in bonds in Latvia. You need to invest 250.000 euros in an interest-free government bond plus fees. The advantage with the bonds is the liquidity. You don't need to look around for properties, and if you don't want to renew your residence permit you will not need to find a buyer for your property. However the government fees are lower if you invest in real estate.
04:37 Studying in Latvia
05:15 Residence Permits for Retirement
05:40 Other Residence Permits in Latvia
05:54 Permanent Residence and Latvian Citizenship
06:29 Advantages of Living in Latvia
07:35 Disadvantages of Living in Latvia
excellent
Thank you
Make a Video on Lithuania too!
Plz do you have more detail about start up business or self employe
Thank you very much for the nice and informative video.
Can you please provide the official government authentic website that provides these information especially PR by Real Estate investment. Thanks in advance. Please keep uploading such useful videos.
Thank you. You can read the most up to date info at the Latvian Office of Citizenship and Migration Affairs website.
Thank you for the video. I want to relocate to Latvia please help me. What can I do?
Hello thank for the infor how to get freelance company there and get visa
How is hockey in latvia ?
How can I apply for PR
Do you deal the process v
Not easy to gain a residency permit in Latvia.
how much money require to living in riga or obtain a visa .
too much, france is free and easier
Your channel is very informative. I am travelling to Latvia very soon. Please how do move fromLatvia airport to jelgava. I am a Master student and it's first time. Please give me a guide.
From the Riga Airport you need to take a taxi (only take a taxi from the app Bolt, otherwise it's a rip off). Then, go to the bus station (Riga autoosta). There you can find a bus or a van (marshrutka) to Jelgava, they run often.
@@traveleconomics I am grateful. Thanks
If it's still relevant then don't take taxi from airport. There is bus stopping right in front of airport and will cost you several times less than taxi ;) and it will take you walkable distance from busport (one that author mentioned). You will need to use underground tunnel to get from bus stop to busport. It might feel confusing. But if you ask anyone for "autoosta" (busport) then they will guide you the right direction. And from there you catch a bus to Jelgava :)
P.s. I've never experienced or seen anything bad in those underground tunnels, but it's better to keep your valuables close and bags tight. It's not a bad place, but just being little cautious won't be bad. Especially in evening/night
@@ilzekraukle6331 How helpfull and caring are you.. ❤️ I appreciate sir...
Hello team, Thanks for this knowledgeable video on residency permit . My question is bit specific - I am coming to Latvia aftter getting employed for one of the biggest IT firm :- I am curious to understand what is the best possible way to bring my mother in latvia for longer duration as she is solely dependent on me .
The company who is sponsoring your visa are the most indicated people to help you solving your situation and helping you bringing your family members.
@@traveleconomics Thanks Team :- I will check with them. But you are sure it is quiet a possible case , right ?
@@ishansharma3988 if your income is enough to support yourself and her, yes. But you might need to have some time in the country before you can bring her.
Hey Ishan, is it Accenture ???
@@arjunanselvam Yes, Any specific reason you asked this , or can help me with any more info you have.
Fun fact: There are a lot of latvians living in Latvia.
Can you please advise, what is the maximum time window after migration authorities’ decision to get the VISA and residence permit and move to Latvia
depends on so many things... where you are applying, what you are applying for, the type of visa, the queue at that embassy/consulate...
for blue card
With the start up visa, do you need to remain in the country for 6 months or longer to renew?
Need to stay
I’ll retiring from the City of Los Angeles in 3 years with a lifetime pension. How do I need to show that I will receive monthly or yearly to qualify for a retirement visa?
With your bank statement. I wouldn't recommend Latvia at the moment though. Feel free to write me an email for more information.
How do I contact you to get assistance on a residency?
here: checkinprice.com/contact/
The startup visa how long the process takes? The other investment government one which keeps fund for 5 years do I get profit from the investment through the 5 years period? Can I travel while after I invested or I’m not allowed to travel? Thanks for the info
You don't get any profit. It is an interest free investment, you just park the money there and get a residence permit. Plus you have to pay the fees (about 40K), the fees are non refundable. For the startup visa it takes from 5 to 30 days for them to evaluate your business plan. If you have more questions I recommend you to book a consultation call with me.
Ok thanks one more question The 5 years permit do I get a passport ?
Hi..... How can get a work permit visa from Bangladesh?Do you help me?
Thanks~~~~
My grandfather was from Latvia.
Can i obtein citizenship as a descendant of a Latvian?
Si, puedes escribirme para mas detailles.
Yes you can.
What if you are a non european citizen but have been married to a Latvian born citizen for over 20 years? also are you able to purchase your own property?
Yes, of course you can
For retiree visa, any age limits?
Apparently not. You can only apply if you are from a visa exempt country to enter Latvia.
How can I take latvian passport by buying real estate minimum ?
This option is not available. You can only get a residence permit by buying property with a value of at least 250k.
@@traveleconomics Doesn't the price decrease for rural areas?
I'm married to a latvian. Does this make make it easier for me to move to latvia with my wife. Vs say a couple who are both non latvian.
easier definitely.
Dear sir , with start up visa , can I get any job in Latvia and can I work ?
with a start up visa you can work in your start up only.
@@traveleconomics hello can i get your email
I am an African currently holding UAE residents visa.
Please where and how can I see for a job in Latvia for a possible migration?
You need to browse for job searching websites for the country you are interested in.
Please i want to relocate, i need a company that will employ me am a caregiver
How cam I move to Latvia with my family
The easiest way is to find a Latvian company willing to sponsor you and give you a job.
@@traveleconomics I got a job in Latvia and company is sponsoring me , I am curious to understand how can i move there along with my family , specially dependent mother.
Stay in your native country and improve economics situation.
go to france is easier
Which country is better latvia or poland to live permanent.or estonia
Depends on your individual situation, income, friends, family members. If I would have the exact same conditions in all countries I would personally choose Poland because it is less cold. The quality of life is similar in the 3 countries.
everyone want the move from India. Im also want to move other European countries. its better from India
How to go Russia to Latvia any country people
Thanks~~~~
I don't know the Latvian Language but would like to start 8cc Consultancy Business in Latvia just remember that I don't want to learn the Latvian Language just to cut my Costs so kindly suggest a suitable Immigration plan to Latvia for me
We need legit way Africans can move to Europe. Do video on how can Africans can move to Europe
Hi, the laws are the same regardless of your continent of origin, it depends on your country of citizenship and/or permanent residency. The differences are 3: 1 Whether you are an EU citizen or not. 2 Citizens who can enter Latvia without a visa 3 Citizens who need a visa to enter Latvia.
Stay in Africa.
go to france