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What are the requirements for China people to invest in Latvia?

Latvian immigration law

20 1 0 July1,Latvia? Immigration law? The amendment came into effect. The amendment extends to foreigners outside Europe and the economy, that is, foreigners who meet one of the following conditions can obtain long-term residence status in Latvia:

A. The specific price requirements for purchasing real estate are divided into two categories.

Category I (the requirement is not less than 654.38+0.43 million Euros): Riga, Jelgava (Julmala), Ventspils, Liepaja, Rezekne, Daugavpils, Yerga Wa, Valmiera and Jekabpils, or within the planning area of Riga.

The second type of area (not less than 72,000 euros): that is, the property of not less than 50,000 lats (72,000 euros) is purchased in other areas of Latvia and paid by non-cash payment;

B. Time deposit

5-year fixed deposit of 300,000 euros or 400,000 dollars in Latvian bank with no right to terminate within 5 years;

C, fixed capital investment

The fixed capital investment of Latvian commercial enterprises is not less than 25,000 lats (36,000 euros), and the enterprises should pay taxes of not less than 20,000 lats (29,000 euros) to the budget department of Latvian government in the fiscal year.

Foreigners and their families who meet one of the above conditions can obtain five-year permanent residence status TR in Latvia, and at the same time get the right to work without applying for a work permit. You can get permanent PR after five years. But also can travel freely in the Schengen countries of the European Union.

Immigrant advantage

Features: low cost! Come on! There is no risk! 100% success!

1- No risk, 100% success

2- Quick, usually 3-6 months.

3- Permanent property rights can be passed down from generation to generation.

4- The investment is small, and the minimum cost is about 72,000 euros.

5- No source of funds and tax payment certificate are required.

6- You can travel between China and the European Union at any time without the requirement of the immigration director.

You can get five-year temporary residence status every seven years, and you can apply for PRP permanent residence status after five years.

8- You can buy a house or make a time deposit, so the funds are safe and secure, and you can increase your value.

9- Free exchanges between Schengen countries are unimpeded, and it is convenient to travel, study and work.

10- Children can go directly to schools and universities in Europe, which relieves parents and children of the burden of the national college entrance examination.