20 14 Latvian immigration regulations

Latvia's immigration law stipulates that the validity of a visa shall not exceed one year. Except for diplomatic, official and professional visas, the stay time within half a year shall not exceed 90 days. Those who stay for more than 90 days must apply for a temporary residence permit and a work permit.

Citizens of EU member states do not need to apply for a work permit to work in Latvia.

Yes Citizens of non-EU member States must obtain work and residence permits to work in Latvia. Permits are only issued for specific jobs of specific employers, with a certain period and can be extended.

The immigration law amended in July 1 2065438 provides foreign citizens who invest in Latvia with the opportunity to stay in Latvia for five years and travel freely in Schengen countries.

Foreign citizens can pass

There are three ways to obtain temporary residency:

1.

Buy a valuable property in Latvia. In the capital Riga or Riga planning area (Riga, Julmala and former Riga administrative region, Tummus, Ogly and Limbaji) or other big cities in China (Daogava

Pierce, Jakap Pierce, Yegava, Lepa Ya, Rezekne, Val Mieira, Ventspier) purchase real estate, and the total transaction amount is not less than 654.38 million lats (about 654.38+42.3 million euros), and the real estate,

The cadastral value (official lowest price) is not less than 30,000 lats (about 42,700 euros).

The total transaction amount of purchasing real estate in Latvian cities other than the above cities is not less than 50,000 lats (about 7. 1 1.000 euros), and the cadastral value (official lowest price) of the real estate is not less than 1.000 lats (about 1.42 euros).

Ten thousand euros).

2.

Register and operate new enterprises or invest in local enterprises in Latvia. If you invest in an existing registered enterprise in Latvia, the investment amount shall not be less than 25,000 lats (about 35,600 euros), and the number of employees in the enterprise shall not exceed.

The annual turnover of 50 employees is less than 7 million lats (about 9.96 million euros), and the annual tax payment of the enterprise shall not be less than 20,000 lats (28,500 euros per month). If a new enterprise is registered locally, the initial investment is not allowed.

Less than 65,438+million lats (about143,000 euros).

3. Deposit through local banks and other institutions in Latvia. The deposit in Latvian banks and other credit institutions is not less than 200,000 lats (about 286,000 euros), and the deposit period is not less than 5 years. During the deposit period, the deposit may not be transferred or withdrawn.