Residency by Investment Program in Latvia
- Residency by Investment Program in Latvia
Aim and Objective of the Latvia Golden Visa Program
This program is designed to attract non-EU investors who want to:
- Obtain a 5-year renewable residency permit
- Access visa-free travel across the Schengen Area
- Invest in real estate or business
- Enjoy safe, stable, and affordable living in Europe
- Our Benefits
Key Benefits
Key Benefits of the Latvia Golden Visa
Fast-track residency approval
Live, study, and travel freely within the Schengen Area
Includes spouse and dependent children
No minimum stay requirement
A pathway to permanent residency and citizenship
- Our Benefits
Key Benefits
Key Benefits of the Latvia Golden Visa
Fast-track residency approval
Live, study, and travel freely within the Schengen Area
Includes spouse and dependent children
No minimum stay requirement
A pathway to permanent residency and citizenship
- Investment
Investment Options
The program offers flexible options in real estate, business investments, and bank deposits. Each option has unique requirements and benefits tailored to the investor’s profile.
Property investment
- Minimum investment: €250,000
- Must be in government-approved urban areas
- Additional government fee: ~12% of the property price
Business Investment Option
- Invest €50,000 into a Latvian-registered company
- The company must employ at least 50 employees or pay €40,000 in taxes annually
- Government fee: €10,000
- Ideal for entrepreneurs expanding into the European market
Bank Deposit Option
- Fixed deposit of €280,000 in a Latvian bank (5-year term, no interest)
- Government fee: €25,000
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Preferred by ultra-conservative investors seeking capital preservation
- Yield : 8-12%
Who Can Apply?
- Non-EU nationals aged 18 and above
- Possess a valid passport and proof of funds
- Must have no criminal record
Who Can Benefit?
- African entrepreneurs seeking European market access
- Investors aiming to diversify globally
- Families prioritizing education, healthcare, and freedom of movement
- Spouse
- Dependent children under 18 years old
- Parents of the main applicant
- Process
PROGRAM TIMELINE
Selection of investment type
With guidance from our experts, select the investment option best suited to your profile, ensuring it meets the minimum investment requirement.
Preparation and submission of documents
Collection of necessary documents from the investor and submission of the application for processing.
Biometrics and Payment of Government Fees
Visit Latvia to submit biometric data within 3 months. Pay applicable fees upon approval.
Issuance of the residence permit
Collect the temporary residence permit in the form of an identity card.
- Residency by Investment Program in Latvia
AFTER THE PROGRAM: What’s Next?
Renewal
Every 1 year (streamlined process)
Citizenship:
Eligible after 10 years of continuous residency
No stay requirement, live part-time or travel freely
- Residency by Investment Program in Latvia
Frequently Asked Questions – Business Option
What’s the minimum investment?
50,000 euros into a Latvian-registered business.
Are there any hidden fees?
No. Only the government fee of €10,000, all other costs are fully transparent.
Can I include my spouse and children?
Yes, dependents are eligible under a single application.
Do I need to live in Latvia full-time?
No. The Latvian Golden Visa has no minimum stay requirement.
- Contact us
We answer all your concerns
Book An Appointment With us
The relationship of trust established over time with our customers is based on confidentiality and is long-term.
