Latvia’s banking system remains stable and aligns with Eurosystem principles. Its finance sector supports European economic growth. Despite recent economic challenges from the pandemic, Latvia’s banking system displayed resilience and steady progress.

The country has a thriving IT industry, fostering startups with government support and offering extensive opportunities for skilled professionals.

Latvia’s major exports include wood, turf, meat, and dairy products, benefiting from abundant natural resources and a robust agricultural sector. Its strategic location facilitates trade with CIS countries via railways, roads, and maritime routes. Riga Airport, conveniently situated 15 minutes from the city, serves as a key hub for tourism and business activities.

Why choose golden visa program in Latvia?

• Cheapest program in European Union
• Fast application & review process
• Residence permit for all family members
• No Schengen visa requirements
• No minimum stay requirement
• Great economy & labor market
• Tax management options

Our service includes not only legal services but also arrangement of company to invest in, flight tickets, appointments at embassies, finding a place of residency in Latvia, schools for children and much more through our local partners.
We will provide full support as with regard to the correct documentation issuance and provide instructions and guidance throughout the whole immigration process.

The conditions are:

• Person has to invest in Latvia companies share capital at least EUR 50 000
• Investor has to pay EUR 10 000 one time payment to the government as the State fee
• No physical presence in required.

The process:

• Investor signs an investment agreement with Latvian company
• Investor invests EUR 50 000 in already operating companies’ share-capital by bank transfer
• Investor pay EUR 10 000 one time payment to the government as the State fee
• All document formation and legal matter are handled by Valcorp. We will provide full support as with regard to the correct documentation issuance and provide instructions and guidance throughout the whole immigration process.