Latvia Golden Visa: Residency by Investment
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What is the Latvia residency by investment program?
- The Latvia Golden Visa allows investors and their families to obtain a Latvian temporary residence permit through a qualifying investment.
- With a Latvian residence permit, you and your family can travel within the Schengen Area in line with Schengen short-stay rules.
- You can choose between a real estate investment and a share capital investment in a Latvian company.
- Indicative processing time: 30–90 days, depending on your application and the authorities' processing times.
- After 5 years, eligible investors may apply for permanent residence, and after 10 years for Latvian citizenship, provided they meet the requirements.
Benefits of the Latvian temporary residence permit
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Travel across the Schengen Area
Travel within the Schengen Area, including Switzerland, Norway, and Iceland, in line with Schengen short-stay rules.
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Live and work in Latvia
You and your family can live, study, and work in Latvia.
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Access to education
Your children can access the Latvian education system, generally on the same basis as local residents.
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A pathway to permanent residence
After 5 years, eligible investors may apply for permanent residence.
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A pathway to Latvian citizenship
After 10 years, and subject to the requirements of Latvian law, investors may apply for citizenship.
Advantages of Latvia residency by investment
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Fast processing
Indicative processing time is around 30–90 days, depending on the case.
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An accessible investment threshold
A share capital investment in a Latvian company is available from €50,000 (approximately US$57,000).
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No continuous residence requirement
You are not required to live in Latvia continuously to maintain your temporary residence permit.
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A choice of investment routes
You can choose between real estate and a share capital investment in a company.
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A gateway to Schengen
Latvia is a member of both the EU and the Schengen Area, which may suit families who want flexible travel across Europe.
Latvia Golden Visa requirements
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Main applicant requirements
- Aged 18 or older.
- Meet security screening and health requirements.
- Demonstrate that your investment funds come from a lawful source.
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Requirements for family members
- Accompanying family members must also meet security screening and health requirements.
- Family applications are assessed under the rules in force at the time of filing.
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Real estate option
- Purchase real estate in Riga worth at least €250,000 (approximately US$285,000).
- Hold the investment for at least 5 years.
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Share capital option
- Invest at least €50,000 in the share capital of a Latvian company with no more than 50 employees.
- Or invest at least €100,000 (approximately US$114,000) in a company with more than 50 employees.
- The company must pay at least €10,000 in corporate income tax each year.
The Latvia residency by investment process
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Consultation and eligibility assessment
We assess your eligibility, your source of funds, and the investment option that suits you.
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Optional exploratory visit
You may make an exploratory visit to Latvia before choosing an investment option.
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Make the investment
Complete the investment through your chosen route: real estate or share capital.
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Prepare and submit your application
We prepare the legal and investment documentation and submit your residence permit application.
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Approval
Once your application is approved, you travel to Latvia to register your residence permit.
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Maintaining your status
Maintain the investment and meet the applicable conditions to renew your permit or pursue a longer-term pathway.
Frequently asked questions about Latvia residency by investment
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