Latvia is a north European nation that lies in Baltic
region. It shares its borders with Estonia in north, Lithuania in south
and in east with Russia and Belarus. The population of is around 2.1 mill
and area 64589 square miles. The national capital Riga is the largest
in the Baltic States housing more than 30% of population of the country.
It is an important seaport and also a major industrial, commercial, cultural
and financial center. It also has region's largest international airport.
The national currency is Lats and One (1) Latvian Lats is normally approximately
Two (2) USD. The language of the country is Latvian and majority of population
has been historically practicing protestant Christianity, except for the
Latgalia which has a majority of Roman Catholic followers. The majority
ethnic group of the nation is primarily Latvians who count around 62%
of the total population, followed by Russians whose number represent around
27% of population. Other small ethnic groups are constituted by Belarusian,
Ukrainians, Polish and Lithuanians, etc.
The climate is humid and a temperate that is primarily influenced by oceanic
weather. Summers last from month of June to August with temperatures staying
on an average of 15 to 16 degrees Celsius and warmest month being August,
while winters can be experienced though sometimes harsh in months of December
to February with the temperatures ranging around -4.5 centigrade. The
coldest month can be January.
Latvia Temporary Resident Permit
The Latvia Temporary Resident Permit (LTRP) is a basically
a type of certificate that offers an overseas personnel the right to stay
inside the nation in question for a fixed duration. In the form of a visa,
this document is pasted onto the passport of the visitor even as it shows
the name and surname of the owner, and also the assigned identity number.
The permit offers the visitor the right to spend a longer period of time
inside the country. The holder can have unrestricted stay within Latvia
during the validity of the Latvia TRP. The TRP holder also have unrestricted
movement within any of the Schengen countries and stay inside any of the
Scheengen nations for up to 90 days. It also helps one make unrestricted
and free border movements between the EU and the non-EU nations.
In other words, the offered Latvia TRP is meant for applicants who are
interested in having an immigration status that lets them do a business
in Latvia as also offer all travel related benefits in the Schengen Zone.
Latvia TRP options are unique in that one even gets the permit by making
passive investments in Real Estate or subordinate capital/financial instruments
of a Latvia based financial institution.
So one may take Latvia TRP for doing serious business across the whole
of the Schengen and the EU Zone, or simply for the purpose of having a
visa that will provide him travel convenience, without strict requirements,
in terms of physical residency in Latvia. The LTRP application process
is smooth with the processing time being just 30 days or even less-from
the date the application is duly filled and submitted along with all the
completed documentation formalities.
Schengen Zone Countries
Holder of the LTRP is permitted visa free travel through
the Schengen zone countries. They can also live in any Schengen zone country
for up to 90 days. The countries which fall in the Schengen Zone are Austria,
Belgium, Czech Republic, Denmark, Estonia, Greece, Hungary, Iceland, Italy,
Finland, France, Germany, Latvia, Lithuania, Luxembourg, Malta, Netherlands,
Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden and Switzerland.
Latvian Temporary Residence Permit Validity
Latvian Immigration Department decides about the duration
and issuance of the permit. Generally, post approval, the applicant would
be given a renewable, multiple entry LTRP for a span of five years. The
holder is, however, required to renew the permit after every 12 months
period, and up to five years from first approval.
If the applicant wants to renew it, it should be done 10 weeks before
the expiry day, while he is still living in the Latvian Republic. The
applicant will gain eligibility to apply for the LPRP after five year
stay in the Latvian Republic as a Temporary Residence Permit holder. Our
Latvian experts and lawyers can manage the extension process with least
inconvenience to our clients.
Guarantee for getting the Temporary Residence Permit
We believe in providing authentic service. Providing
guarantee for any permit or visa is not possible for any immigration provider,
and we are NO exception. We don't believe in giving false guarantee but
can assure of giving an unswerving immigration service, along with an
updated knowledge on the Latvian Permit. With an updated knowledge, authentic
and well prepared documents and ace advice, along with having best of
the Latvian lawyers and consultants as associates, would try their best
to reduce any chances of denial.
What if your application is refused!
If somehow the application is rejected, an appeal would
be made against the refusal decision and all the necessary steps would
be taken. Our lawyers would leave no stone unturned in convincing the
Latvian Immigration Department to issue the permit on the basis of your
status. If by any chance, the application faced rejection even after making
an appeal, the applicant would be given a Refusal letter issued by the
Latvian immigration agencies or local Embassy.
It will contain the reasons as to why the applicant has NOT been granted
the permit. We would require the letter along with the original refusal
letter issued by the Latvian Embassy. The service fee would NOT be refunded
back without re-applying and submitting the mandatory documents after
Optional Support Services through our Latvian associates
for our TRP clients
- Services related to purchase
and sale of Latvian businesses and properties
- Helping in liaison with Latvian
government agencies, real estate agencies, service providers including
accounting and law firms
- Offering marketing strategy
on successful entry into Latvian market and helping in preparing a sound
- Human resource planning including
hiring and training
- Learning Latvian language
- Planning & managing events in
- Planning & establishing outsourcings
businesses in Latvia
Latvia Temporary Resident Permit Options
There are 3 options available for making an application
for Latvia TRP:
- Latvia Temporary Resident Permit
(Latvia TRP) - Investing in Equity Option
- Latvia Temporary Resident (Latvia
TRP) by investing in Real Estate
- Latvia Temporary Resident Permit
(Latvia TRP) through investments in Subordinate Capital
Benefits of Latvia Temporary Residence Permit
The holders of Latvia Temporary Residence Permit (TRP)
enjoy several benefits with these being the key ones:
- Unrestricted movement across
the Schengen Area
- Being member of the EU and Schengen
Treaty, Latvia offers an incomparable advantage to the permit holders
of enabling them to gain freedom to an unrestricted movement in the
EU member countries and staying there without needing to obtain a visa.
- Settlement opportunities to
other EU countries
- Migrants aspiring to move their
set-up to any EU member countries in future will stand a better chance
of making it successfully and on priority
- Long duration of residence permission
to stay in the nation
- Latvia TRP has a validity of
5 years permitting a stay in the country, through the extent of validity
of the entry permit.
- Multiple entries into this Baltic
- Once you obtain this visa, you
are eligible for multiple entries into Latvia and other EU states (up
to 90 days within a six month period). The TRP holder can also stay
full time in Latvia during the TRP validity period.
- No specific residence fulfillment
- You don't need to reside in
Latvia for a relevant period in the nation to retain your TRP status.
Extension is granted and can be maintained with least formalities. Extension
formalities are very easy and simple to meet for holders who have met
the applicable terms and conditions of TRP issuance of one of the three
- Eligibility to file an application
- Grant of TRP makes the holder
eligible for status and the rights of a resident
- Advancing onto the citizenship
- On the successful completion
of the TRP, and subject to fulfillment of the criteria, the Resident
visa holder has an option to permanently make Latvia his home and become
citizen of the Latvia
- Bring your family along
- TRP allows your family to accompany
you to this Baltic state and enjoy similar facilities as you while being
in the country
- Unrestricted freedom to do business
and investments in Latvia
- As a TRP holder, you have an
unrestricted access to business and investment opportunities in the
- TRP process can be initiated
and finalized without personal visit
- For applicants short of time
or not having appropriate visa to visit Latvia or other Schengen countries
or Europe or past visit visa refusals, getting Latvian TRP under one
of the 3 permitted processes is possible and feasible. One need to and
may fly into the nation only after entire TRP process has been completed.
- Geographical location provides
opens up more business opportunities
- Perfectly positioned between
the EU and the CIS, one can NOT ask for a better affordable European
location. The facet is supreme from the perspective of international
trade and warehousing facilities, hence paving way to more business
growth opportunities than ever. Geographically well located warehouse
synonyms growth for business! Exporters can use this warehouse base
to explore and grow business throughout Europe and CIS. Industries related
to manufacturing and BPO can use affordable human resources to promote
their business interests in Europe and the CIS countries.