Residency in Latvia: Real estate
Real estate cost: From 250 000 EUR
Maximum number of properties: 2 properties
State budget contribution: 5% of property cost
Property onwership title tax: 2% of property cost
Application state fees: 1 000 EUR
Length of the process: 1 - 3 months
Visa-free travel: European Union
Latvian Immigration Law provides several investment options for obtaining residency in the country based on different residence permit programs, including receiving a temporary residence permit (TRP) and a permanent residence permit (PRP) afterwards. Choosing correctly between the available options is strategically important for each foreigner and his family members relocating to the country when it comes to making plans for the future.
https://www.mundipass.com/en/latvia/relocating/residence-estate/
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