Latvia Temporary Resident Permit (Latvia
TRP) through investments in Subordinate Capital
This is the shortest and the quickest way of obtaining Latvian TRP. You just need to make a financial investment in tune of LVL 200000 (Euro 286000 or around INR 2 crore) in subordinated capital of a credit institution (debt or debentures) or a term deposit.
The deposit term is irrevocable 5 years
Investment carries an annual rate of interest at 5 %
Interest on the investment is transferred half yearly
The agreement signed is irrevocable and you don’t have privilege of terminating or carry out premature withdrawal of this deposit
Investment |
This is an accelerated mode of attaining Temporary residence permit of republic of Latvia as the whole formality is completed within a couple of days and as the institution issues statement confirming of opening of deposit and completing other necessary formalities, you can immediately apply for TRP for yourself and tour kin.
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