AFORTIS Group

Checklist for Comfortable Living in Latvia

The first 90 days in Latvia. A checklist you can’t do without.

Moving is exciting. To ensure you don’t miss anything and feel confident, save this checklist:

⬜ 1. Obtain a Personal Code (Personas kods). The foundation of everything.
⬜ 2. Apply for your Residence Card (eID). Your main digital and physical document.
⬜ 3. Choose a Family Doctor (ģimenes ārsts). Register via the portal manavaards.lv.
⬜ 4. Sort out accommodation. Sign a rental agreement, register your address.
⬜ 5. Open a bank account. For daily operations and receiving salary.
⬜ 6. Buy/rent transport. Obtain OCTA (liability) insurance. Or get a public transport card.
⬜ 7. Submit a Declaration of Place of Residence. At your local city/town council.
⬜ 8. Understand taxes. Obtain an e-Signature (eParaksts) for communication with the State Revenue Service (VID).
⬜ 9. Start learning the language. At least basic phrases for the store and doctor.
⬜ 10. Explore your neighborhood. Find the nearest supermarket, pharmacy, park.

Ready to tick off the boxes but need help at every stage? Write to us in a direct message, and we will help you sort everything out and answer all your questions!

Open a bank account for a Latvian company remotely? Yes, but the rules have tightened. 🖥️➡️🏦

Since 2022, Latvian banks (Swedbank, SEB, Luminor) have become extremely attentive to non-residents. But there is a chance!

What you need for success:

1. A perfect business plan in Latvian/English. The bank must understand the essence and logic of your business.
2. Clean origin of funds — you need to documentally confirm the source of money for the share capital.
3. Connection to Latvia — a rental agreement for an office, having a local counterparty or client will be a big plus.
4. Power of Attorney to a lawyer — we, as registered representatives, can negotiate with the bank on your behalf.

Main advice: Don’t apply to 10 banks at once. Rejections create a negative history. First, get a lawyer’s consultation, then — a targeted application.

Write «Bank» in a direct message to analyze your possibilities.