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Latvia

Country Profile

Country Profile Summary

Capital

Riga

Population

1,907,675 (2020)

Area

64,489 square kilometer

Official Language

Latvian

Major Religion

Christianity

Form of Government

Unitary Parliamentary Republic

Currency 

Euro

Exchange Rate

EUR 1 = USD 1.13

Global Access

184

It is a country in the Baltic region in the Northern Europe, with a rich history and changing political regimes. It is a developed country, ranking high on the Human Development Index and with the most sought after perks and privileges ensured for the citizens of the state. 

With a rich culture and a multi-ethnic demography, the country has a temperate climate, making it a sought-after tourist destination. It is also an attractive place for acquisition of citizenship for individuals looking to expand their businesses, since travel from the country is easier and the location allows access to multiple countries of Europe. 

Residence by Capital Investment and Bonds

Overview

Investment for Residency

Investment in company

EUR 50,000/- – EUR 100,000/-

Investment in Bonds

EUR 250,000/-

Status

Temporary Residence

There are multiple modes available for individuals who are looking to acquire residency in Latvia. 

  • Depending on the number of personnel and the annual turnover of the company, an individual can invest anywhere between EUR 50,000 – 100,000, which would ensure steady returns to the investor. 
  • The individual can also invest in government bonds through the bonds and receive the designated returns.

In both these cases, the individual would also have to prove that he will be able to sustain his family with the minimum amount designated by the Latvian government. 

Country Profile Summary

Capital

Port Vila

Population

307,150 (2020)

Area

12,199 square kilometer

Official Language

French, English, Bislama

Major Religion

Christian

Form of Government

Parliamentary Republic

Currency 

Vanuatu Vatu 

Exchange Rate

VUV 1 = USD 0.00888

Global Access

132

Vanuatu

Country Profile

Founded in 1980, the country is an archipelago, a group of several small islands in the South Pacific Ocean. The government is providing opportunities for investors and with minimal taxes on individuals and businesses, it provides for multiple economic opportunities for the residents. 

With limited population, the government is trying to attract economic activity through tourism and investment. With a rich cultural heritage and economic opportunities, the country is trying to attract immigrants to amp its current economic development.

Residency leading to Citizenship Program

Overview

Self-funded Residency

VUV 250,000/- per month (applicant)

VUV 500,000/- per month (applicant and spouse)

Investment

Project/Business approved by  Vanuatu Investment and Promotion Authority (VIPA)

Real-estate Investment

VUV 10,000,000/-

VUV 250,000/- per month per person

There are three streams of investment to acquire residency in Vanuatu. Through these streams, an applicant, with his family, children and parents (under certain conditions) can move to the country. With the prescribed timeframe of a year, the resident can apply for citizenship with his family.