One of Europe's most cost-accessible EU residency programmes — with a relatively low investment threshold, Schengen travel rights, and a clear path to permanent residency.
Programme Overview
Latvia's investment residency programme offers non-EU nationals a practical and relatively affordable route into EU residency. Through investment in business operations or real estate, qualifying applicants receive a temporary residence permit valid for five years, renewable upon demonstrating continued investment.
Latvia is a Schengen area member state, meaning residents enjoy freedom of travel across all 27 Schengen countries. The country has developed steadily as a business hub in the Baltic region and offers a stable, EU-governed legal environment.
The programme is particularly popular with applicants seeking EU residency without the high investment thresholds of Western European programmes. After five years of qualifying residency, applicants may apply for permanent residency, and eventually for Latvian citizenship.
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Free Eligibility AssessmentWhy Choose This Programme
Latvia's investment thresholds are among the lowest for EU residency in Europe, making it an attractive option for applicants with more modest investment budgets.
Residency in Latvia grants visa-free travel and extended stays across all 27 Schengen area countries.
Latvia is a full EU member state. Residency rights and investor protections are governed by EU law, providing a high degree of legal certainty.
After five years of qualifying investment residency, applicants can apply for permanent residency in Latvia — a stable long-term status.
Latvia's growing economy, strategic location, and Baltic connectivity offer genuine business opportunities, particularly in logistics, tech, and services.
Latvia consistently ranks well in international safety, governance, and quality of life indices, making it a practical and reliable EU base.
How to Qualify
Important: Investment thresholds, qualifying routes, and programme conditions are subject to change by the relevant government authority without notice. Figures shown are approximate guidance only. Please contact us to verify the most current requirements before making any decisions.
Purchase of Latvian real estate with a minimum value of €50,000 (outside Riga) or €100,000 (in Riga and other major urban areas). Additional government fee applies.
✓ Potentially refundableGovernment fee: approx. 5% of property value
Investment in a Latvian company through equity or a subordinated loan, with a minimum annual tax contribution required. The company must be actively operating and registered in Latvia.
Company must pay minimum €40,000 per year in taxes
Before You Apply
Non-EU/EEA/Swiss national aged 18 or over
Clean criminal record from country of residence and nationality
Investment must meet the qualifying threshold with documented source of funds
Valid health insurance covering Latvia
No outstanding public health risk
Latvian language requirement applies for citizenship (not residency)
Our Advisory Pathway
We review your investment capacity and objectives to identify whether the real estate or business investment route is more appropriate for your situation.
We advise on property search or company registration requirements and help you engage qualified Latvian legal professionals for the investment phase.
We prepare the full residency application package including identity documents, investment evidence, health insurance, and source of funds documentation.
We assist with submitting the residency application to the Office of Citizenship and Migration Affairs (OCMA) and track progress through to permit issuance.
Preparation
Document requirements vary by programme and individual circumstances. This list is indicative — we provide a tailored checklist after your initial consultation.
Common Questions
The residency permit does not strictly require minimum physical presence to be maintained, but regular renewals require evidence of continued qualifying investment. We advise on current renewal requirements.
Yes, after a prolonged period of qualifying legal residency (typically 10+ years), you may be eligible to apply for Latvian naturalisation. A B1-level Latvian language test is required.
Yes. For the real estate route, a government processing fee of approximately 5% of the property value is payable in addition to the purchase price. We advise on the full cost breakdown at the outset.
Yes. The investment residence permit generally allows the holder to work in Latvia, though specific conditions apply. We recommend confirming employment rights with a Latvian immigration lawyer.
No. Real estate in Riga and other urban centres requires a minimum of €100,000, while outside these areas the threshold is €50,000.
Unsure if you qualify for the Latvia programme?
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