Is there any difference if I receive the residence permit based on investment vs real estate?

F.A.Q. answer:
No, there is absolutely no difference in the residence permit you receive. You may choose the option that suits you best. In any case the term of validity of your residence permit will be up to 5 years, with the opportunity to extend . Check out the table below for more details.

Placement of term
deposit / acquisition
of bonds
establishment
of a Business
Investment
in real estate
Subordinated term deposit or bonds ≥ 200 000 LVL
or equivalent in EUR, USD at the current rate of the Bank of Latvia (~ 300 000 EUR, ~ 400 000 USD)

Term ≥ 5 years
Investment amount
≥ 25 000 LVL 36 000 EUR
Taxes
≥ 20 000 LVL 28 000 EUR per annum

If you invest 100 000 LVL (143 000 EUR), no tax volume requirements
Value of which is ≥ 100 000 LVL 143 000 EUR in Riga and other major cities

Or ≥ 50 000 LVL 72 000 EUR in regions of Latvia
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