This is important information for those, who are interested in obtaining a residence permit in Latvia. As we know, the Schengen area includes 26 countries. But the most popular state to obtain a residence permit in 2015 is Latvia. And now we will see why a residence permit in Latvia is so attractive for the most of foreigners.
One of the most important advantages is that there is no minimal period of residence to obtain a temporary residence permit in Latvia. It is enough to buy property in the capital or in other large cities in the amount of 142 300 euros or above, or outside Riga, in Riga district and outside other major cities in the amount of 71200 euros or more, and you immediately get a temporary residence permit valid for 5 years without the need for annual re-registration outside the Schengen states.
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Second, it is the free movement inside the countries within the Schengen area, as well as a much more simplified procedure for obtaining a visa to visit the UK, the USA, Canada, Japan and Australia.
The third important point is that the right to obtain a residence permit in Latvia is also granted to your spouse, minor children, and other people in your guardianship.
And now the last very important point. The standard period of a residence permit issued is 5 years. And after this period you can apply for a permanent residence permit.
Very good company that helps you to organize RP in latvia is here – p-residence.com
This article written by the editor of MANAmāja.lv