The Immigration Law requires prior checks for clean criminal record/ background checks as a criterion for granting a residence permit to all investors. The Security Police checks the background of all foreign investors
The criminal record checks are carried out during the application process:
Any applicant older than 14 years of age has to submit a certificate proving a clean criminal record, which is issued by his/her country of nationality or residence (of at least 12 months) .
This applies to those who need visa to enter Latvia; If the applicant is a citizen of a country considered high-risk in terms of security concerns (listed as such in Government Regulation No 55483) an in-depth background checks are carried out by the Security Police;
- The Security Police – background checks of all foreign investors
- Financial institutions involved in transactions check of legality of funds
- Latvia FIU – investigation in the legality of funds