RCP | Residency Citizenship Program
Latvia bank

SAFE INVESTMENT + INTEREST + RESIDENCY

Safe and Profitable

BANK DEPOSIT:
€280,000

GOVERNMENT FEE:
€25,000

TIME:
2-3 Months

VISA-FREE:
Schengen countries

Latvia Residency: Bank Deposit Investment

The Latvian bank deposit is a safe and profitable investment option. You may deposit 280,000 euro as a subordinate liability in a Latvian bank, and pay the government fee. In return, you receive a residence permit for 5 years. Your investment will be refunded after 5 years with interest.
See the official Latvian government website.

Safe Investment

The bank deposit is always safe. The Latvian bank guarantees the repayment of your investment after 5 years.

Profitable Investment

You will get about 3% interest every year after your investment. The total profit will be about 40,000 - 50,000 euro after 5 years.

No Need for Yearly Renewal

Your residence permit and residence card are valid for 5 years. No need to visit Latvia every year to renew your cards.

Free travel in Europe

Latvia is part of the Schengen zone of Europe, allowing you to travel freely throughout Europe without the need for a Schengen visa.

Latvia citizenship by investment

How to get a residence permit in Latvia by investing in bank deposit?

Who will get residency in Latvia?

What are the requirements?

residence permit in Latvia
Main Applicant
  • Clean criminal record
  • Enough money to invest
Spouse
  • Marriage certificate
  • Clean criminal record
Minor Children
  • Dependent children below the age of 18
  • Birth certificate
Adult Children
  • Cannot be included
  • You can send an invitation letter to facilitate Schengen visa
Parents/Grandparents
  • Cannot be included
  • You can send an invitation letter to facilitate Schengen visa

Latvia Residency by Bank Investment Programme

What is the process?

WEEK 1

Engage us
Once you have decided to start your Latvian bank investment, you have to sign a contract with us and transfer the first instalment of the administration fee.

WEEK 3

Travel to Latvia to open a bank account
You have to deposit your investment in a bank at first. Our director will guide you in the opening of a bank account and doing the paperwork.

WEEK 4

Collect the documents
You should collect and legalise all the required documents (see above). We prepare the application form and other governmental documents.

WEEK 6

File your application at a Latvian Embassy
You have to visit the dedicated Latvian Embassy and file your application.

WEEK 9

Travel to Latvia and get your residence card
After your permit has been granted, you will pay the government fee and the balance of the administration fee and receive your residence cards. You and all of your family members, included in your application, should travel to Latvia to obtain the residence permit cards.

YEAR 5

Permanent residency
If you live in Latvia for 5 years, you can apply for permanent residency (Latvia PR). Or you can renew your permanent residence permit.

YEAR 10

Citizenship
If you live in Latvia for 10 years, you can apply for citizenship, and you will be an EU citizen.

Fast and Safe European Residency

Change your life

Latvia Bank Investment

Safe and profitable residency in Europe

  • Where is Latvia?

    Close to Europe, close to Russia, 20 capital cities reachable within two hours’ flight.

  • What is this bank deposit?

    You should have subordinate liabilities toward a credit institution of the Republic of Latvia of at least 280,000 euro, and the term of the transaction entered into with that credit institution is at least five years.

  • Shall I get an interest?

    Yes. The interest rate depends on your agreement with the bank. You may expect an interest rate of about 3%.

  • When and how should I deposit my money?

    At first, you should open a personal bank account in Latvia (we assist you). Secondly, you should transfer the required amount to your personal bank account in Latvia. Absolutely safe, no foreign account is included. You have to make the deposit BEFORE the application for the residence permit.

Other Residence Options

If Latvia is not for you, find other options

  • Invest in Latvia

    Latvia

    The most affordable option
  • Malta PR

    Malta

    Take your whole family with you
  • Greek Golden Visa

    Greece

    Smart investment
  • Portugal Golden Visa

    Portugal

    Flexibility
  • Cyprus residence

    Cyprus

    Excellent investment