A Latvian residence permit valid for up to five years is available to:

• A person who has contributed at least 25,000 lats to the share capital of a Latvian limited company, provided the company pays a minimum of 20,000 lats to the central and local government in taxes during a business year;
• A person who owns one or more properties in Riga totalling at least 100,000 lats, or one or more properties outside Riga totalling at least 50,000 lats, provided the person has never fallen into arrears with real estate tax and all amounts have been paid by credit transfer;
• A person who has invested at least 200,000 lats in a Latvian bank by way of subordinated capital (subordinated loan or subordinated bonds) with a maturity of at least five years and no termination before maturity.

PricewaterhouseCoopers SIA offers to obtain a Latvian temporary residence permit for you. This service includes:

• Advising you on tax and immigration matters relevant to obtaining such a permit;
• Preparing required documents and going through formalities with Latvian authorities; and
• Representing you in dealings with government agencies.

If you are interested in this service, feel free to send us an email. Please note you will have to visit the Citizenship and Migration Office in person – PwC staff would be pleased to accompany you and provide assistance on the spot.

Our service fee is EUR 3,500 plus VAT. Private individuals are requested to make a prepayment.

Leaflet in English (PDF file)

Leaflet in Russian (PDF file)