1. https://www.immigration-residency.eu/residence-permit-latvia/bank-deposit/
2. Obtaining a residence permit based on an investment from a Latvian bank is often a better option for those who want to obtain a residence permit
3. while ensuring a stable investment with a guaranteed return rather than the possible variable profits that sometimes come with real estate investments.
4. Statistics show that this type of investment is generally a less common way of obtaining a residence permit compared to buying real estate,
5. however there are several peculiarities of
6. the system available in Latvia that make this option the best solution for some investors.
7. Financial investment in a Latvian bank
8. In order to apply for a residence permit in Latvia based on financial investment in a bank you need to place with a bank at least EUR 280,000
9. in the form of subordinated capital and pay a state fee of EUR 25 000 to the government. The subordinated capital is funds that the bank is
10. borrowing from a customer for a term of at least 5 years (Like a Corporate Bond – but where the corporation is a bank). If you choose this option,
11. then you should know that the term of your residence permit will be the same as the term of the subordinated capital (The length of the Bond).
12. The banks usually take all the risks. Also, it's worth noting that the bank pays you interest, like with any other bond, so it can be a good, low
13. risk way to ensure a return on your investment and increase your capital over time at the same time as obtaining your residence permit. The interest
14. rate will be agreed in advance, and therefore this option effectively guarantees the amount of return on your investment, while perhaps not providing
15.  
16. the same level of liquidity you see with a real estate purchase - where you have the option to sell at any time.
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18. During the last year only 208 investors submitted a request for a residence permit based on investment made in Latvian banks. Since 2010 the total
19. amount of investment is estimated to be around 75.7 million euros.