Latvia
Latvia, located on the Baltic coast, is part of Europe’s Schengen Area. Its capital, Riga, established in 1201, is recognized as a UNESCO World Heritage Site. About half of Latvia's land is covered by forests, providing numerous nature trails and parks. The country boasts strong transportation and cultural connections to both Western Europe and Russia. Known for its rich history and vibrant cultural scene, Latvia hosts numerous festivals throughout the year. Additionally, the Latvian language, one of the oldest in Europe, adds to the unique cultural tapestry of the nation.
Country Overview
Latvia's residence-by-investment program enables individuals to obtain a residence permit through options like real estate purchase, business investment, or bank deposit. This program allows investors to live and work in Latvia and travel within the Schengen Area. With its strategic location, strong ties to Western Europe and Russia, and high quality of life, Latvia is an appealing choice for those seeking European residency.
Country Information
Latvia, a Baltic nation in Northern Europe, is renowned for its picturesque landscapes, with lush forests covering half of its area and numerous rivers and lakes. Its capital, Riga, features a vibrant cultural scene and a medieval Old Town that is a UNESCO World Heritage Site. As an EU and Schengen Area member, Latvia combines rich history with diverse cultural influences and strong ties to both Western Europe and Russia.
Population:
1.8 million
Languages:
Latvian, Russian, Latgalian
Economy:
Compact and open, with well-developed transportation services.
Currency:
Euro
Reside in Latvia through Investment-Based Residency
Latvia is located in Northern Europe along the Baltic Sea. Famous for its rich heritage, remarkable local cuisine, and stunning blend of Art Nouveau and medieval architecture, Latvia draws visitors from around the world. The official language is Latvian, but Russian is also widely spoken by much of the population.
Riga, the cosmopolitan capital and largest city of Latvia, serves as the country's political, economic, and cultural hub. Over a third of Latvia's population lives and works in Riga. Latvia became a UN member in 1991 and joined both the EU and NATO in 2004. Since joining the Schengen Area in 2007, Latvia has enjoyed significant benefits for its citizens and residents.
Citizenship in Latvia
After holding a temporary residence permit for five years, an individual may apply for permanent residency. To be eligible, the applicant must have lived in Latvia for at least four of the past five years and must pass a state language proficiency test.
Citizenship can be acquired after five years of legal residence in Latvia, provided the individual has been a permanent resident during the five-year period before applying. To qualify, the applicant needs to have resided in Latvia for a minimum of four out of the last five years.
Latvia does not permit dual citizenship, meaning applicants must renounce their previous nationality to obtain Latvian citizenship. This policy reflects Latvia's commitment to maintaining a unified national identity.
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Trust Path Visas assists international clients in obtaining residence and citizenship under the respective programs. Contact us to arrange an initial private consultation
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