Latvia Residency by Investment Program
Visa free Countries
29 Schengen Area countries.
Type of investment
Real Estate, Company Investment, Government Bonds, Bank Deposits
Time to reside
No stay requirement (only annual visits are required).
Minimum Investment
EUR 60,000
Latvia Residency Program
The government of Latvia established its Residency by Investment program to attract foreign capital and stimulate economic growth while offering international investors a strategic foothold in the European Union. As an EU member state since 2004, Latvia provides investors with access to the single European market, visa-free Schengen travel, and a pathway to EU citizenship after 10 years of continuous residence.
Residency by investment in Latvia is available through four options:
- Real Estate Investment
- Company Investment (share capital contribution)
- Government Bonds (specific financial instruments)
- Bank Deposit (qualifying term deposits in Latvian banks)
Latvia Overview:
Latvia, located at the crossroads of Northern and Eastern Europe, is a dynamic EU and Schengen member state offering investors both stability and opportunity.
Population
1.8 million
Currency
Euro (€)
Capital
Riga
Economy
Service-driven, with strengths in logistics, IT, and manufacturing
Language
Latvian (with Russian and English widely spoken)
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Latvia Residency Benefits
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Latvia Residency by Investment Options
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How to Qualify for Latvia Residency (Main Applicant)
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Requirements for family inclusion:
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How to Apply to and Obtain Latvia Residency
Latvia's unique position as a Baltic gateway, combined with its business-friendly environment, advanced digital infrastructure, and strategic location between Western Europe and emerging markets, makes it an ideal choice for investors seeking to establish or expand their European presence while maintaining complete flexibility in their global lifestyle.
Latvia residency obtainers are privileged to numerous benefits:
- EU Schengen Area Access: Enjoy visa-free travel across Europe's Schengen Area with full mobility rights throughout 27 EU member states.
- No Physical Residency Required: Maintain your residency status without the requirement to physically live in Latvia, offering complete flexibility to maintain your current lifestyle and global commitments.
- Strategic Business Gateway: Access Northern European markets and establish your business presence in a growing EU economy with advanced digital infrastructure and e-governance systems.
- Pathway to EU Citizenship: You are eligible to apply for Latvian EU citizenship after 10 years of continuous residence, with the ability to retain your current citizenship through dual nationality arrangements.
- Favorable Tax Environment: Benefit from Latvia's competitive tax structure and potential non-resident taxation options for qualifying investors.
- Family Inclusion: Secure residency for your entire family, including spouse, children, and dependent parents under one application with no additional investment required.
Option 1: Real Estate Investment
Purchase qualifying residential or commercial property in Latvia that meets program requirements and investment thresholds.
Option 2: Company Investment (share capital contribution):
Latvian Company Investment Make a qualifying investment in an existing or newly established Latvian company that contributes to the local economy and creates employment opportunities.
Option 3: Government Bonds (specific financial instruments)
Invest in Latvian government bonds or EU-backed securities that support national development initiatives and infrastructure projects.
Option 4: Bank Deposit (qualifying term deposits in Latvian banks)
Place a secure, fixed-term deposit with an approved Latvian financial institution for the required investment period.
- The main applicant must be over 18.
- Clean criminal record.
- Legal source of funds.
- Be a non-EU / non-EEA / non-Swiss citizen.
- Maintain the investment for the legally required period.
- Pass a comprehensive due diligence check.
- Payment receipts confirming the state duty and processing fees.
- Documents proving the investment has been made, as specified in the application.
- Health insurance policy covering the entire stay in Latvia.
- Tuberculosis certificate from a Latvian healthcare institution confirming the applicant does not have active TB.
- Marriage or birth certificate, if including family members.
- Spouse or Partner: The legal spouse of the main applicant who must also hold a clean criminal record and maintain valid health insurance coverage. Included at no additional investment cost.
- Dependent Children: Children under 18 are automatically included. Adult children aged 18-24 who are full-time students, unmarried, and financially dependent on the main applicant can also be included with valid health insurance.
- Dependent Parents: Parents over age 65 who are financially dependent on the main applicant, hold clean criminal records, and maintain valid health insurance can be included in the family application.
- We start by sitting down with you for a free consultation. We assess your goals, your money situation, and confirm you're eligible for the Latvia program. We figure out exactly what you need and tell you the best investment route for your specific case.
- Before we apply for anything, we perform a free validation. We check all your documents, verify your ability to invest, and review your family details. We make sure you meet all the requirements and complete all preliminary checks.
- You don't worry about forms. We professionally prepare, translate, and certify every document required personal papers, financial records, and investment documents. We ensure everything is 100% government compliant.
- We finalize your chosen investment with total legal compliance. We work with approved partners to securely execute the transaction and ensure all rules are followed.
- We submit your residency application to the Latvian Immigration authorities and manage the entire process. We keep in constant contact with officials to track your progress and immediately handle any questions.
- You receive your Latvia residence permit and begin your life in Europe! We continue to support you with permit renewals and guide you on the path toward eventually gaining citizenship.
Frequently Asked Questions
Yes, Latvia’s residency makes families eligible for inclusion.