Citizenship and residence permits

Citizenship and residence issues become increasingly more topical for our customers. Education, healthcare, and possibility to easily travel across Europe without restrictions are highly valued by affluent families.

It is much easier to meet the requirements to obtain a residence permit than those under obtaining the citizenship, and the former do not include substantial donation of funds to be made by the investor. Moreover, in most cases, residing in the country while holding the residence permit results in obtaining citizenship (passport) of this country (of course, given the customer’s wish to obtain the same).

ABLV Corporate Services provides advice on obtaining citizenship and residence permits in the following jurisdictions:

Our specialists will provide explicit answers to all your questions, including those regarding the details of taxation and obtaining the resident status, as well as practical issues of choosing real estate, school, university, and family physician.

Contact your private banker to receive more detailed information.

  • Change of Tax Residency

    Tax laws of some European countries are rather attractive for wealthy families.

  • Latvian Residence Permits

    A residence permit allows travelling in Schengen area without visa. Moreover, you don’t need to stay in Latvia permanently to maintain the residence permit.

  • UK residence permit and citizenship

    We offer you assistance in preparing documents and handling necessary formalities from obtaining investment visa to being granted citizenship of the UK. We will provide advice on the UK immigration and tax laws throughout the whole immigration period.

  • Citizenship in Malta

    Since February 2014, the Republic of Malta has started the citizenship programme by investment for foreigners.

  • Apartment in Jurmala and residence permit in Europe

    Our client decided to get a residence permit in Latvia to be always able to freely travel within the European Union.
    • As the object of the required investment the client chose real estate. According to the criteria outlined by the client, we picked out an excellent apartment in Jurmala and completed the necessary documents to obtain a residence permit.

    • Two months after the first discussion of this issue with us, the client and his family have received the desired status. Now they are free to travel around Europe and always have the opportunity to stay in their apartment in the beautiful resort town on the Baltic coast.

    Sergei Deinekin

    Head of Private Banking Department West

  • The deal without any cause for worry

    Our client from Moscow picked out an apartment in Riga, which she planned to buy. She did not know the seller, so she asked us to help her with registration of the deal.
    • We organized a bank meeting with the client, the apartment seller and our representative. To close the deal successfully the parties agreed to use the escrow account through which our client was able to buy the chosen apartment without any worry. The seller was also satisfied with the payment procedure, because the escrow account supported his interests as well.

    • Since our client became the owner of real estate in Latvia, we also proposed to arrange the residence permit in Latvia for her family that would allow them to travel freely in the European Union. Within a few weeks this issue was successfully fixed, and our client’s confidence in our bank strengthen even more.

    Andrei Trofimov

    Head of Private Banking Department East