{"id":42837,"date":"2023-11-15T12:51:01","date_gmt":"2023-11-15T08:51:01","guid":{"rendered":"https:\/\/www.savoryandpartners.com\/?page_id=42837"},"modified":"2023-11-15T16:25:18","modified_gmt":"2023-11-15T12:25:18","slug":"about","status":"publish","type":"page","link":"https:\/\/old.savoryandparnters.com\/programs\/residency-by-investment\/latvia\/about\/","title":{"rendered":"About Latvia Residency by Investment Program"},"content":{"rendered":"[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” top_padding=”50″ text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” id=”benefits” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none” shape_type=””][vc_column column_padding=”padding-4-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”right” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” column_link_target=”_self” el_class=”benefits-saint-kitts” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”2\/3″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_color=”#06324b” column_border_style=”solid” bg_image_animation=”none”][nectar_animated_title heading_tag=”h6″ style=”hinge-drop” color=”Extra-Color-1″ text=”About the program”][vc_column_text]To be eligible to apply for this program, you must be over 18 years old, in good health and without a criminal record.<\/p>\n

Applicants are also required to make a company share capital investment or invest in real estate.[\/vc_column_text][divider line_type=”No Line” custom_height=”50″][nectar_animated_title heading_tag=”h6″ style=”hinge-drop” color=”Extra-Color-1″ text=”Benefits”][vc_row_inner equal_height=”yes” content_placement=”top” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” class=”benefits-list benefits-list-top” css=”.vc_custom_1594280896906{padding-top: 10px !important;}”][vc_column_inner column_padding=”padding-1-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”left-right” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” column_link_target=”_self” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/3″ tablet_width_inherit=”default” column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”][vc_column_text css=”.vc_custom_1589294606354{padding-top: 0px !important;padding-bottom: 0px !important;}” el_class=”abtbenicon”]\n

\n\n\n\n
\n

\"\"<\/h3>\n<\/td>\n

\n

Visa-free travel<\/h3>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n[\/vc_column_text][vc_column_text css=”.vc_custom_1700036205915{padding-top: 0px !important;padding-bottom: 0px !important;}”]As a permanent resident of Latvia, you are a resident of the European Union, thus you are entitled to freedom of movement in the Schengen area.[\/vc_column_text][\/vc_column_inner][vc_column_inner column_padding=”padding-1-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”left-right” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” column_link_target=”_self” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/3″ tablet_width_inherit=”default” column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”][vc_column_text css=”.vc_custom_1592295978645{padding-top: 0px !important;padding-bottom: 0px !important;}” el_class=”abtbenicon”]\n
\n\n\n\n
\n

\"\"<\/h3>\n<\/td>\n

\n

High standard of living<\/h3>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n
<\/div>\n<\/div>\n[\/vc_column_text][vc_column_text css=”.vc_custom_1700036336636{padding-top: 0px !important;padding-bottom: 0px !important;}”]Latvia has a low cost of living and utilities compared to other EU countries, and offers high-standard of goods and services.[\/vc_column_text][\/vc_column_inner][vc_column_inner column_padding=”padding-1-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”left-right” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” column_link_target=”_self” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/3″ tablet_width_inherit=”default” column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”][vc_column_text css=”.vc_custom_1592295934231{padding-top: 0px !important;padding-bottom: 0px !important;}” el_class=”abtbenicon”]\n
\n\n\n\n
\n

\"\"<\/h3>\n<\/td>\n

\n

Health & Education<\/h3>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n
<\/div>\n<\/div>\n[\/vc_column_text][vc_column_text css=”.vc_custom_1700036445433{padding-top: 0px !important;padding-bottom: 0px !important;}”]\n

Latvia has a public healthcare system, and residents are typically covered by the National Health Service. Latvia has a comprehensive education system that follows the European standards. In major cities like Riga, you can find international schools offering education in English or other languages. As a permanent resident, these benefits are available to you.<\/p>\n[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][divider line_type=”No Line” custom_height=”30″][vc_row_inner equal_height=”yes” content_placement=”top” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” class=”benefits-list benefits-list-bot” css=”.vc_custom_1594280893228{margin-bottom: 0px !important;}”][vc_column_inner column_padding=”padding-1-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”left-right” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” column_link_target=”_self” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/3″ tablet_width_inherit=”default” column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”][vc_column_text css=”.vc_custom_1589294999004{padding-top: 0px !important;padding-bottom: 0px !important;}” el_class=”abtbenicon”]\n

\n\n\n\n
\"\"<\/td>\n\n

Tax relief<\/h3>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n[\/vc_column_text][vc_column_text css=”.vc_custom_1700036130708{padding-top: 0px !important;padding-bottom: 0px !important;}”]Latvia has progressive personal income tax rates, flat rate for corporate income, VAT and social contributions. And levied tax for real estate and dividends.[\/vc_column_text][\/vc_column_inner][vc_column_inner column_padding=”padding-1-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”left-right” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” column_link_target=”_self” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/3″ tablet_width_inherit=”default” column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”][vc_column_text css=”.vc_custom_1589295032410{padding-top: 0px !important;padding-bottom: 0px !important;}” el_class=”abtbenicon”]\n
\n\n\n\n
\"\"<\/td>\n\n

Minimal residency required<\/h3>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n[\/vc_column_text][vc_column_text css=”.vc_custom_1700035867076{padding-top: 0px !important;padding-bottom: 0px !important;}”]There are no physical residency requirements for residence permit renewal.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][divider line_type=”No Line” custom_height=”50″][nectar_animated_title heading_tag=”h6″ style=”hinge-drop” color=”Extra-Color-1″ text=”Program requirements”][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” class=”reqlist”][vc_column_inner column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” column_link_target=”_self” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”]
\"\" <\/div>
\n

Main applicant requirements<\/h3>\n
\n
<\/div>\n<\/div>\n <\/div>
<\/div><\/div>[divider line_type=”No Line” custom_height=”5″][divider line_type=”Full Width Line” line_thickness=”1″ divider_color=”extra-color-2″ animate=”yes” custom_height=”50″]
\n