IBC Consulting specializes in offering Schengen visa, residency and work permit services from Latvia, but can offer similar services in other Schengen zone countries as well. Our service involves helping the Applicant step by step with the filling of Schengen visa application form, as well as advising the Applicant on how to properly prepare other required for Schengen visa or work permit necessary documentation.
Schengen Visa For Business Travelers To EuropeA foreigner traveling to Europe will find it extremely useful to obtain one visa, the Schengen Visa, which allows access to 25 countries in Europe.
How does the Schengen visa work?
Each participating country in Schengen continues to issue visas in the normal way but the visa issued is a Schengen visa. With a Schengen visa, you may enter one country and travel freely throughout the all countries participating the Schengen zone. Internal border controls have disappeared; there are no or few stops and checks. This means that internal air, road and train travel are handled as domestic trips.
Single, double or multi-entry Schengen visas are issued, but this will depend on the support supplied when you apply for your Schengen visa.
Countries participating in the Schengen Agreement:
Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden and Switzerland. A Schengen visa issued by an Embassy or Consulate of the above countries allows the holder to travel freely in all of the Schengen agreement participating countries. All these countries except Norway and Iceland are European Union members.
Note: United Kingdom and the Republic of Ireland are NOT yet participants of the Schengen Agreement. Cyprus, Bulgaria and Romania have not joined the Schengen area yet, either.
How to Obtain a Schengen VisaThe Applicant can apply for a Schengen visa:
- As a tourist, whereby the Schengen visa can be obtained from the embassy of any of the participating countries, or apply through a local tourist company. Usually, a tourist can apply for only a single entry Schengen visa.
- As a Board Member of a company registered in a Schengen member country, whereby the Applicant can obtain a Schengen visa automatically for one year, renewable every year thereafter. This would be advantageous in that the frequent business traveler will automatically receive a one year visa.
Multi-entry Schengen Visa holders will have the right to stay in the Schengen zone no more than 90 days within a six month period, starting from the date of the first entry to the Schengen area.
The Applicant is liable to pay Latvian tax based on his position as a Board Member of a Latvian company (salary taxes, corporate tax), and must also obtain a Latvian work permit. As a holder of a Latvian visa and work permit, the Applicant does not become a resident of Latvia, therefore, his personal worldwide income is not liable to Latvian taxation (i.e., he pays taxes in his declared country of residence).
Residency and Work Permits in Europe
Residency and work permit is available for those individuals wishing to
reside in a specific Schengen zone country for more than 90 days within a
6 month period. This process involves appointing the Applicant as a
Board Member of a company registered in a Schengen zone, where the Board
Member applies for a residency and work permit simultaneously. Company
IBC Consulting can offer this service via a Latvian registered company.
As with a multi-entry Schengen visa, the individual with a residency permit can travel and reside in any Schengen Zone country as long as they do not stay longer than 3 months within a 6 month period. The Applicant should bear in mind though, that residency permits issued in Latvia require living in Latvia for 6 months out of the year.
Please contact us for further details on Schengen visas, residency and work permits.