Latvia Investment Immigration Visa

Latvia is ranked second, ahead of such countries as Norway, France, Great Britain and Sweden, according to "Environmental Performance Index" (EPI)

Latvia is in a very advantageous location between the CIS and Western Europe. It is bordered by Estonia to the North, Russia to the East, Belarus and Lithuania to the South, and the Baltic Sea to the West. The sea provides a direct maritime route to Norway, Sweden, Finland, Germany.

Latvia is a good transit hub for flights to any country in Europe. The national airBaltic airline offers nonstop flights to more than 80 destinations in Europe and Asia. The Riga International Airport is also utilised by major airlines such as Lufthansa, Finnair, Ryanair, Easyjet, Wizzair, etc. Since 2009, the airport has had a separate terminal for business passengers and their equipment (GAT – General Aviation Terminal). FBO RIGA GAT is the only terminal of its type in the Baltic States. It is in a building alongside a ramp and makes it possible to provide services that are needed in the world of business aviation. The services are at the same level as in London, Paris, Vienna, and Moscow, but for an incomparably lower price.

Democratic country with well developed banking system and the quality of the business environment. Over the last ten years Latvia has experienced an extensive economic growth in all sectors.

On January 1, 2013, new amendments to the corporate income tax took effect in Latvia, offering substantial tax optimisation for those foreign companies which want to develop their corporate structures in Latvia. This basically creates a much nicer environment for holding companies, which receive various kinds of tax relief related to companies and their mutual financing. Dividends are not taxed when they are paid out and received, and there are no taxes on the alienation of shares and capital shares, or on payments related to the use of intellectual property. Another reason to choose Latvia for the development of your business is that it is a European Union member state with a good reputation in the business world. Latvia has not been blacklisted as an offshore zone. Another big plus is the low number of bureaucratic hurdles which people have to deal with. A new firm can be registered in three hours. Latvia has a highly developed and stabled banking system, and a high level of trust in the state. Another favourable fact is that Latvia has one of the lowest corporate income tax rates in the EU – just 15%, as compared to 33.33% in France, 30% in Spain, and 27.5% in Italy.

The amendments to the law state that no taxes have to be paid on dividends which Latvian companies receive from foreign companies. Companies can also pay out dividends to foreign companies without withholding taxes. Companies can also reduce taxable income from alienated shares and capital shares. This is of essential importance in that if you want to establish a holding company in Latvia.

Latvia, unlike other countries in Europe, places no limitations on the terms and assets of real estate management. Interest and honoraria which will be paid out to foreign companies will be tax free beginning in 2014, and that allows you to conclude lending or licensing agreements at this time. The maximal income tax rate of 15% is more than adequate for a European holding centre.

Universities are well known for producing high quality IT, Medicine and engineering graduates. EU membership means that a degree from Latvia is equivalent to other EU countries, making it easier to get credentials recognized. Universities are well known for producing high quality graduates. EU membership means that a degree from Latvia is equivalent to other EU countries, making it easier to get credentials recognized. Internationally recognized undergraduate and graduate programs. Education in line with the American Credit System. Quality education at international standards in English and qualified faculty members at international standards. On-campus education with a wide range of facilities. Excellent facilities for social, cultural and sports activities.

Latvia is among the cheapest countries in Europe when it comes to the cost of goods and services, and the quality of services is very high. Tuition fees and living costs are generally lower than the costs in most "Western Countries". You will have all the benefits of living in a European country with lower costs than many westernized EU nations. Affordable tuition fees and moderate living expenses. The capital of Latvia, Riga, is an attractive, lively, cosmopolitan city, but less expensive than many other Western European capitals.

Latvia is Baltic leader and one of top countries in European Union in terms of the number of foreign language speakers. Most of Latvia’s residents have a free command of Latvian, English, as well as German and Russian. That means that English, Russian or German speakers will not feel discomfort in communicating with local residents.

Latvia is a European Union member state. You do not need a visa to go to any European Union country.

One of the fastest growing markets in Europe. Understandable, fast and secure purchase procedure. Foreign Investor and family members may obtain a residence permit if Investor have purchased the property in accordance with the requirements. Medical insurance, provided by the government of Latvia. Transport, shops and entertainment are close at hand.

With over 48 percent of its territory covered by forests,a vast network of free-flowing rivers and thousands of lakes, Latvia is one of Europe’s best-preserved havens for a wide variety of wildlife. Over 27 thousand species of flora and fauna thrive in natural settings that are still relatively undisturbed by man. Many rarities, such as the black stork and lesser spotted eagle, make their homes in Latvia’s mixed forests, marshes, and meadows.

Latvia, at the crossroads of Western and Eastern culture, as well as its chequered history, has had an imprint left on it from different cultures. This impact has given Latvia magnificent architectural monuments, as well as religious diversity, and contributed to the self-preservation of the Latvian national identity – here ancestral traditions are still held in high esteem.

Due to rich cultural heritage, Latvia can really feel proud of having such enormous architectural diversity. You can find everything in Latvia: from simple wooden structures in traditional rural farmsteads to the samples of the great Renaissance, Baroque, Classicism, Art Nouveau as well as modern architecture. Both the connoisseurs of art and virtuosos of architecture will find marvellous examples of art not only in the Latvian metropolis – Riga – marked by the mix of cultures on the threshold of the centuries that is more than 800 years old but also in provincial towns, small villages and remote estates. It is amazing fact, but Latvia was able to preserve so many architectural masterpieces, fascinating evidences of cultural history over so many centuries

Latvia surprises travellers with its diversity. It may be tranquil, ancient and quiet, or energetic, modern and boisterous. Whether you are travelling alone, or with family and friends – Latvian diversity will reveal a new and interesting experience for everyone.

If you are among those who love to spend their leisure time actively, in Latvia you will never feel bored. Here you can find adventure parks, horse riding, sailing, sport activities, orienteering, skydiving and even such entertainment as flying in the vertical wind tunnel that is not found anywhere else but only in Latvia!

In various areas, Latvian fairytale paths tempt visitors with traditional characters – frolicking forest witches, fairytale trains run and dwarves host; meet Pinocchio, Winnie-the-Pooh, and the Three Little Pigs; pet the famous lake monster Nessie and meet other familiar characters. You will be able to see Latvian forest dwellers on the nature trails in Līgatne and in the zoos. An adventure-rich family vacation will be created by going to a water park or by trying to overcome obstacles together in one of the adventure parks in Sigulda, Mežaparks, or other places in Latvia.

Couples can watch fiery sunsets on sandy beaches, go for a boat ride on the Latvian rivers and lakes, experience the rose-scented lure of the Rundāle palace gardens, share a relaxing sauna, enjoy dinner in one of Latvia’s many castles and manor houses or the rooftop terrace restaurants in the heart of Old Town, and take a stroll through the romantic small towns. All of these offer couples real pleasure, shared unforgettable memories and a desire to come back here again and again.

Latvia’s beautiful and harmonious nature, rich cultural life, and magnificent architecture combine to recharge both the body and soul. Bracing walks along the beach or on nature trails allow visitors to admire the charm of Latvia’s wilderness. During the theatrical and performing arts season, one can enjoy visits to the ballet or Latvian National Opera. Grand museums offer works by Latvian old masters, as well as contemporary exhibitions.

Young people will find travelling easy in Latvia – there is well-developed public transportation at affordable prices, convenient bicycle paths, and bicycle rental facilities. A wide range of hostels can provide suitable accommodations. In Latvia, healthy and delicious meals will not cost much more than those offered by international fast food chains. Many young people attend the various festivals, such as the Positivus Festival and Summer Sound, find adventure in nature or enjoy nightclubs.

Latvia ensures that people with disabilities can get to where they need to go and enjoy the cultural life our country has to offer.

Major galleries, museums, recreation centres, and hotels provide convenient access for visitors in wheelchairs. There are also hotels with specially adapted rooms for the handicapped. Riga’s public transportation is often fitted with low floors.

Sites of international significance are easily located from the international airport and harbour, making Latvia an attractive place for organizing high-level conferences and concluding business transactions. There are many modern conference and banquet halls available with fast internet access, as well as high-end hotels and leisure facilities in Riga and surrounding regions.

In Latvia, there is every opportunity to receive high-level medical services, yet Latvians know how to ensure everyday well-being and strengthen their health by using both methods tried and tested the world over, such as spas and similar treatments, and skills and knowledge that have their roots in traditional medicine.

People in Latvia are closely connected with nature. That is why things that are elsewhere called landscape therapy, herbal medicine or aromatherapy and cost a lot of money are known here simply as long walks in the woods or by the sea, a thoroughly hot session in the sauna or a steaming mug of herbal tea – best for dealing with a physical and mental low. And the so-called work therapy, more commonly known in Latvia as “doing a few chores” around the country home, provides a city dweller with a great opportunity to take some exercise.

There are saunas in many houses and nearly every guesthouse or hotel, and they offer a wide range of treatments: from swatting yourself with besoms made out of plants, sweat-inducing teas, contrast showers, various massages and beauty treatments using natural preparations.

At a fair number of hotels and country “health farms”, guests are offered spa services which use both world renowned cosmetics brands and products made on site from ingredients that come from the untouched Latvian nature. (Among other things, the unspoiled nature has inspired several Latvian entrepreneurs to create lines of natural cosmetic products: for example, the nature-friendly products have already conquered the European market.) Everyone can find the most suitable way of restoring energy and good cheer – whether at the hotel spas of Riga, Jurmala, Liepaja and other towns, or amidst rural tranquillity. Also, activities such as horse riding, Nordic walking, bicycling and cross-country or downhill skiing in winter enjoy popularity.

Latvia is one of the greenest European countries along the Baltic Sea coastline. Every year thousands of people from Scandinavia, Russia, Western Europe and Arab countries come to Latvia to regain their health and beauty. A moderate climate, highly qualified professionals, and the availability of modern technology ensures successful treatment and recovery. The high quality of medical services is characterised by a personal, committed, hospitable and benevolent attitude, as well as a customised approach to each patient. Diagnostic and treatment equipment in Latvian medical health care facilities meets the standards of the European Union - significant funds have been invested in ensuring that Latvia has the best of modern technology. High-quality medical care services are ensured by several significant factors which includes the professionalism of the medical staff - Latvian medical staff receive a competitive medical education, which is based on stable traditions. Knowledge and practice are regularly improved through training and internship in foreign countries, and participation in international experience exchanges.

Latvia offers a range of high quality medical services for a price that is very beneficial, being between two to ten times lower than in some Western European countries. A favourable geographical position allows Latvia to be reached conveniently, whether by plane, ferry, train or coach. Visitors have a wide range of hotels to chose between, including cosy hotels in Old Riga, and recreation centres in the resort of Jūrmala. Diverse Latvian cultural life and a highly interesting historical heritage provides additional options in your leisure and recreation time.

Latvia is a member state of the European Union and travellers have the same rules as in other EU member states. Latvia is a signatory of the Schengen Agreement; accordingly there is no border control for persons entering from the European Union. There are border controls in place with Russia and Belarus Latvia’s representative offices abroad issue uniform, so called Schengen visas, valid in the territory of all Schengen signatory states – this means that with a visa issued at a Latvian Embassy one can enter Lithuania, the United Kingdom, France, and other countries. With several countries outside Europe, Latvia has a visa-free arrangement: USA, Canada, Australia, Brazil, Brunei, Chile, Guatemala, Honduras, Hong Kong, Israel, Japan, New Zealand, South Korea, Costa Rica, Macao, Malaysia, Mexico, Nicaragua, Panama, Paraguay, El Salvador, Singapore, Uruguay, and Venezuela, Citizens of European Union member states, Switzerland and Iceland do not need an entry visa.