Latvia Residence Permit forms part of national visa policy of this Baltic state. This permission is issued to aspiring migrants in 2 avatars • Provisional residential permission certificate – LRTP • Permanent residency permission certificate – PRP Foreigners must procure a provisional residential permission to enter country for tenures longer than 90 days and involves economic benefits and business. A provisional entry document is also regarded as the first step towards grant of nationality to a migrant. Migrants having resided in the country for an uninterrupted period of 5 years can apply for Latvian permanent residency. Provisional Latvia Resident Permit is generally granted • For reuniting with family: Under this class LTRP grant itenary is in 1-4 years pattern • For working under specified labor agreements and international treaties: in this case permission spans till expiry of employment tenure as mentioned in agreement of 5 years whichever earlier • To persons traders who appear in commercial scroll for a term not exceeding 5 years • To stakeholders in a partnership firm having rights of representation, office bearers of management or controlling body, people appointed as administrational heads, settlement official or departmental heads allocated with duties of managing a foreign company’s branch in Latvia for tenure not beyond 5 years • To people employed in their own enterprise or practicing their profession independently for 1 year o It is mandatory for person to substantiate disbursement of tax amount of atleast 7000 lats • For people delegating and performing tasks on behalf of foreign trading organization • For people involved in scientific joint ventures for upto 5 years • To people for execution of international agreements or undertakings in which government or associated bodies of Latvia are signatories. Here permission spans over the extent of carrying out of agreement or undertaking • To people helping municipal bodies of Republic of Latvia for maximum of 1 year • To people for seeking treatment in country (or as inpatient) upto the dispension of treatment • To people entering countries for involving in religious institutions for a term not beyond 1 year • People entering Latvia for pursuing regular academic courses or under student Latvia Residence Permit in provisional format can also be availed by infusing stipulated funds into designated venues and areas i.e. • Investing money into supplementary capital of a loan institution or a bank. The investment must be not be terminated before completion of 5 years • Investing money into shares and stocks of a limited liability company or a joint stock corporate. Under this option an endorsement from a Latvian citizen is mandatory and there are 2 classes with varying financial input stipulations • Investing funds into landed properties. Here also financial stipulations vary according to area proposed for investment i.e. Riga and areas other than Riga Under this route provisional Latvian Residential Permit ids granted for 5 years which is renewed ever year. After a migrant has lived in this country under provisional Latvia Residence Visa he or she become eligible for permanent residency – PRP. The PRP has tenure of 5 years and on completion a person qualifies for citizenship of country.
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