Obtaining a residence permit in Latvia through a bank deposit is one of the most convenient and stable investment paths for foreigners seeking legal residence in the European Union. This program allows investors to obtain temporary residence in exchange for placing funds in a Latvian bank, while maintaining control over their finances.
The minimum deposit size is usually from 280,000 euros, which is placed for a specified period, and a state commission is also provided. This investment format is relatively safe, since the funds remain the property of the investor and can generate income in the form of interest.
The residence program through a deposit allows you to obtain the right to reside in Latvia, as well as enjoy the benefits of living in the EU: free movement within the Schengen area, access to the European banking system, education and healthcare. Additionally, family members of the main applicant can also be included in the application.
The procedure for obtaining residency usually takes from 1 to 3 months and includes a standard verification of documents, confirmation of the origin of funds and submission of an application through an authorized representative. After approval, the investor receives a temporary permit with the possibility of annual extension.
It is important that Latvia offers flexible conditions of stay and the possibility of further transition to permanent residence, and in the future - even EU citizenship with long-term residence.
Mundipass accompanies clients at all stages of the program - from preparing documents to obtaining residency, ensuring a transparent and secure investment process.
Mundipass is a reliable partner for those considering obtaining residency in Latvia through a bank deposit. The company provides full support for the process - from initial consultation and verification of compliance with the program requirements to preparing documents, interacting with the bank and submitting an application to the migration authorities. With experience in the field of investment migration, Mundipass helps clients minimize risks, speed up the registration process and ensure transparency at each stage of obtaining residency in the EU.