Residency by Investment in Latvia

Minimum Investment Amount

€100,000

Processing Time

1-3 months

Key Residency Benefit

Route to Latvian citizenship

What makes Latvia a Popular Investment Location?

Latvia’s strategic position between Western Europe, Scandinavia, and Russia makes it a key hub for trade and logistics. As a member of both the European Union (EU) and the Eurozone, Latvia benefits from free trade access, regulatory alignment, and a stable currency—the Euro (€).

Latvia consistently ranks highly in the World Bank’s Ease of Doing Business report thanks to its streamlined regulations and advanced digital government services. The country offers a competitive corporate tax system, including a 0% tax on reinvested profits for businesses.

Foreign investors enjoy the ability to register and manage companies remotely with ease. Latvia is also known for its robust IT sector and fast internet speeds, making it an attractive location for startups, fintech, and technology-driven businesses.

Guide to Latvia's Residency by Investment Programme

The Latvia Golden Visa, also known as the Latvia Residency by Investment Programme, offers residency in Europe to foreign nationals who make a qualifying investment in the country.

This programme is considered one of the most affordable pathways to European residency, with a variety of investment options available. It is open to non-EU, non-EEA, and non-Swiss citizens. However, nationals of Russia and Belarus are not eligible to apply.

Latvian residency also offers a path to EU citizenship. To become eligible, investors must first obtain permanent residency by residing in Latvia for at least five years. Applicants are also required to demonstrate proficiency in the Latvian language and possess knowledge of the country’s history and constitution.

After holding permanent residency for an additional five years, investors may apply for Latvian citizenship. Importantly, Latvia permits dual citizenship, allowing applicants to retain their original nationality while enjoying the benefits of an EU passport.

How to get Residency by Investment in Latvia

Bank Deposit

1. Minimum investment:€280,000 deposit in a Latvian bank

2. Fees and costs: €25,000 state fee

3. The money must remain in the account for five years

Government Bonds

1. Minimum investment: €250,000

2. Fees and costs: €38,000 state fee

3. Required to hold your government bonds for at least five years

Business Investment

1. Minimum investment: €100,000 (depending on the size of the company)

2. Fees and costs: €10,000 state fees

3. You must keep your investment for five years

Real Estate Investment

1. Minimum investment: €250,000

2. Fees and costs: 5% state fee and 2% stamp duty

3. You must maintain the property for at least five years

Key Benefits of Residency by Investment in Latvia

The Latvia Golden Visa is one of the fastest and most flexible pathways to EU residency, with a processing time of just 30 to 90 days. The program offers multiple investment routes, allowing applicants to choose the option that best suits their goals.

As an EU member state, Latvia grants residency rights that allow investors and their families to travel freely throughout the Schengen Area and other EU countries. Additional benefits include the right to live, work, and study anywhere within the European Union.

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