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Share Capital Investor Residence Permit

LatviaInvestment

Explore the five recorded questions, answers and sources for this pathway.

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What investment option or options qualify?

Investment in the share capital of a company, either to increase the capital of an existing company or when founding a new business company, together with a EUR 10,000 payment into the State budget.

See recorded sources
  • https://www.pmlp.gov.lv/en/share-capital-investor-0
    The documents to be submitted if you wish to obtain a residence permit in the Republic of Latvia as a person who has invested in the share capital of a company for the purpose of increase thereof or who has invested in the share capital of a company upon founding of a new business company, and has paid EUR 10 000 into the State budget:

What official minimum amount, tier or threshold applies to each relevant option?

Investment: at least EUR 50,000 in a company with no more than 50 employees and annual turnover or balance not exceeding EUR 10 million; at least EUR 100,000 in a company with more than 50 employees and turnover or balance above EUR 10 million; or at least EUR 100,000 in a company that together with Latvian subsidiaries employs more than 50 people with turnover or balance above EUR 10 million. Government payment (separate): EUR 10,000 into the State budget, with bank details given in the permit decision.

See recorded sources
  • https://www.pmlp.gov.lv/en/share-capital-investor-0
    such investment is at least EUR 50 000 and is made in a business company with the number of employees not exceeding 50, such company’s annual turnover or annual balance does not exceed EUR 10 million.
  • https://www.pmlp.gov.lv/en/share-capital-investor-0
    such investment is at least EUR 100 000 and is made in a business company with the number of employees exceeding 50 and such company’s annual turnover or annual balance exceeds EUR 10 million.
  • https://www.pmlp.gov.lv/en/share-capital-investor-0
    the investment is at least EUR 100 000 and it has been performed in the equity capital of a capital company, which together with one or several subsidiaries registered in the Republic of Latvia employs more than 50 employees and total annual turnover or annual balance thereof exceed EUR 10 million:
  • https://www.pmlp.gov.lv/en/share-capital-investor-0
    If a foreigner should make payment of EUR 10 000 into the State budget, the bank details will be specified in the decision to issue a temporary residence permit.

How long must the investment be maintained and what continuing ownership, investment or physical-presence conditions are important?

The checked official sources did not provide enough route-specific evidence to confirm how long the investment must be kept and the continuing conditions.

See recorded sources
Limits of the record
  • Searched the OCMA share-capital page and the OCMA duration list; only entry conditions and a five-year maximum permit period are stated, no maintenance or presence rule.

Which family members can be included where officially stated, and what broad residence/work rights result?

A minor child or a child under maintenance may accompany the applicant, with relationship evidence and the other parent's notarised or officially signed permission. The official source does not state that a spouse may accompany or any broad family residence or work rights.

See recorded sources
Limits of the record
  • This information has not been independently reviewed.
  • The capture identifies a minor or dependent child but does not state a spouse or broad family residence or work rights.
  • PMLP share-capital-investor capture; exact captured line 69
    If you are accompanied by your minor child or a child under maintenance you shall submit all the above mentioned documents about him/her (except the marriage approving document), as well as the relationship confirming document and a permission of the other parent to reside in the Republic of Latvia notarially approved or signed in the presence of an officer of the administrative body or representation.

What status is obtained, how is it renewed, what longer-term residence/citizenship direction is officially stated, and what happens to the investment when relevant?

The status described is a temporary residence permit. The official source does not state duration, renewal, long-term residence or citizenship consequences, or what happens to the investment.

See recorded sources
Limits of the record
  • This information has not been independently reviewed.

These are the answers currently recorded in the catalogue. A missing or partial answer is not an eligibility decision.

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