EXPERIENCE YOUR LIFE WHEN SETTLING IN LATVIA
Latvia is a beautiful island country located in the Schengen area of Europe. Latvia is a developed country and a member of many international organizations such as the EU, WTO,… Therefore, this country has attracted the attention of many investors for immigration and development. Settling in a developed country like Latvia is one of the most suitable options for the wishes of investors nowadays.
Life in Latvia
Latvia is an EU country located on the Baltic Sea, between Lithuania and Estonia. Latvia is also a gateway for trade between the US, Russia, and Asia. This is a strategic location for EU-wide business activities. Moreover, Latvia’s landscape is very beautiful, stretching across wide beaches and sprawling forests. The climate here is cool and pleasant all year round with four distinct seasons. In general, Latvian has a favorable geographical position and a quite ideal climate for immigration and development. In addition, Latvian is also impressed by its European standard culture and education system.
Latvia is a perfect choice for those who appreciate culture and history. When you arrive in Latvia, you will experience the customs and habits that have been kept for decades. Interesting traditional festivals are also held all year round, attracting a large number of people to participate. This is a plus point for this country’s tourism service.
The education system in Latvian is well-invested from preschool to university level. People will learn in an environment with modern equipment and a European standard curriculum. Latvia focuses on practical practice and developing thinking from an early age. Therefore, the education system is always the highlight in Latvia.
Cost of living in Latvia
Latvia’s economy is growing very rapidly. Especially after joining the EU, this country entered the top 25 best countries in the world for business investment and business development. The income per capita in Latvia is about €13,500 a year. Meanwhile, people only spend about €3,000 – €4,000 to pay for living expenses in a year. In general, Latvia is a country with a much lower cost of living compared to other European countries. People living in Latvian will be guaranteed a full and comfortable life.
Benefits of being a Latvian permanent resident
After participating in the Latvian citizenship by investment program, the investors and their families will enjoy the same benefits as European citizens.
- Visa-free and free travel to 26 countries in the Schengen area
- Freedom to develop and choose the work you love
- Enjoy the education like a native with reasonable tuition fees and many scholarships
Latvia Investment Immigration Program
Latvia is the country with the lowest investment immigration program in Europe. The conditions for settling in Latvian are simple and the application process is also quite clear and fast. This country also does not require applicants to live here to maintain a temporary residence card. The government has created favorable conditions for residents to immigrate with the following four forms of investment:
- Real estate investment
- Invest in shares of a company in Latvia
- Invest in a secondary loan at a Latvian bank for 5 years
- Buy Government Bonds
The Latvian immigration program is very diverse. Investors will be able to choose the investment form that best suits their wishes to participate.
Conclusion – Latvia
Latvian is an ideal choice for investors who want to participate in the immigration program at a reasonable cost. Processing time is also fast, only 1-3 months from application submission to approval.
To learn more about the Latvian Investment Immigration Program, please contact us at Portico & Bridge. With a team of more than 50 professionals worldwide, we are happy to assist you. Call us now at 0909.898.758
At PORTICO & BRIDGE, “Your Children We Care”.