Obtain European residency through one of the Baltic region’s established residency-by-investment programs. Latvia offers investors and their families access to a modern European environment, strategic market access, and residency benefits within the Schengen Area.

• Investment starting from EUR 250,000

• Visa-free travel across the Schengen Area

• No minimum physical stay requirement for permit renewal

• Residency rights in a European Union member state

Latvia is a Northern European country known for its modern business environment, advanced digital infrastructure, natural landscapes, and strategic location in the Baltic region. As a member of the European Union and Schengen Area, Latvia offers access to European markets and a high quality of life.

• Capital: Riga

• Official Language: Latvian

• Currency: Euro (EUR)

• Total Area: 64,589 km²

• Access to the European Union and Schengen Area

• Modern digital infrastructure and business environment

• Strategic location in Northern Europe

• Competitive residency-by-investment options

• No minimum stay requirement for residency renewal

• Access to European transportation and business networks

• Family inclusion under one application

• Opportunity for long-term European residency

Introduced in 2010, the Latvia Residence by Investment Program was created to encourage foreign investment and support economic growth. The program allows non-EU nationals and their eligible family members to obtain renewable residency permits through qualifying investments in Latvia.

• Visa-free travel within the Schengen Area

• Right to reside in Latvia

• Access to European business and transportation networks

• Fast-track application procedures

• No minimum physical stay requirement for permit renewal

• Inclusion of eligible family members

• Access to a stable European legal and business environment

• Eligibility to apply for permanent residence and citizenship subject to legal requirements

Applicants may qualify through one of the following approved investment routes:

• Purchase of qualifying real estate in Latvia with a minimum value of EUR 250,000

• Payment of a government state fee equivalent to 5% of the property value

• Purchase of government bonds with a nominal value starting from EUR 280,000

• Payment of a government state fee equivalent to approximately 10% of the bond value

Investment requirements and government fees are subject to official regulations and may change periodically.

To qualify for the Latvia Residence by Investment Program, the main applicant must:

• Be at least 18 years old

• Be a non-EU national

• Hold a valid passport

• Have a clean criminal record

• Demonstrate lawful source of funds

• Complete a qualifying investment in Latvia

• Meet all immigration and compliance requirements

The following family members may generally be included in the application:

• Spouse

• Dependent children

Dependent eligibility is subject to applicable immigration regulations and supporting documentation requirements.

 Selection of the preferred qualifying investment option.

 Preparation and collection of the required legal and financial documentation.

Submission of the residency application to the relevant Latvian authorities.

 Completion of due diligence and compliance procedures.

Approval of the residency application.

Visit to Latvia for biometric procedures and collection of the residence permit ID card.

Residence permits are generally issued for up to five years, subject to renewal requirements and continued compliance with program conditions.

Applicants may become eligible for permanent residence after five years subject to applicable residency conditions and legal requirements.

Citizenship eligibility may become available after a longer qualifying period and may require language proficiency, integration requirements, and compliance with Latvian nationality laws.

Applications are generally processed within approximately 2 to 3 months, subject to government procedures, application completeness, and due diligence requirements.

The Latvia Residence by Investment Program is subject to Latvian immigration laws and government regulations. Investment thresholds, residency conditions, government fees, and eligibility requirements may change in accordance with official policies.