The investor must deposit an amount of not less than EUR 280,000 for creation of subordinate liabilities towards a Latvian credit institution. The term of the deposit should not be less than five years. First time applicants must pay a sum of EUR 25,000 in the State budget.

List of Documents for Latvia Deposit Investment

Documents required from citizens of:

Albany Chile Macedonia Saint Kitts and Nevis
Andorra Costa Rica Malaysia San Marino
Antigua and Barbuda Croatia Mauritius Serbia
Argentina El Salvador Mexico Seychelles
Australia Guatemala Monaco Singapore
Bahamas Honduras Montenegro Taiwan
Barbados Hong Kong New Zealand The Vatican
Bosnia & Herzegovina Israel Nicaragua United States of America
Brazil Japan Northern Mariana Islands Uruguay
Brunei Korea Panama Venezuela
Canada Macau Paraguay

 Documents Required: Deposit Investment

  • Residence Permit application.
  • A photograph.
  • Proof of subsistence.
  • Proof of place of residence in Latvia.
  • Proof issued by Latvian credit institution confirming subordinate liabilities of the foreigner to the institution for the prescribed amount for a period of five years. If investment is made in foreign currency, then the investment should comply with the minimum prescribed amount after currency conversion.
  • Proof of payment of necessary state duties by the investor.
  • Documents related to kinship with spouse, minor child or dependent child with proof of approval granted by parent if he or she is not traveling with the child, if required.

Related Link:

Additional Document and Filing of Documents