The Latvia Residence by Investment Program is one of the most efficient and cost-effective options in Europe.Launched on 1 July 2010 to help stabilize Latvia’s economy post-crisis, the program has successfully attracted over EUR 1.3 billion in foreign investment, primarily through real estate acquisitions.
Key Benefits of the Latvia Residence by Investment Program
Visa-free travel across the Schengen Area.
No minimum stay requirement to renew the residence permit.
Streamlined application process with fast-track options.
Russian widely spoken, easing integration for Russian-speaking investors.
Excellent connectivity to Russia and other European nations.
Pathway to citizenship after 10 years of legal residence.
Investment Options & Requirements:
To qualify for Latvian residency, investors can choose one of the following options:
Option 1: Business Investment
Invest a minimum of EUR 50,000 in the equity capital of a Latvian company.
(Company must pay at least EUR 40,000 annually in taxes)
Pay a one-time state fee of EUR 10,000.
Show proof of sufficient financial resources to support your family
Option 2: Real Estate Investment
Purchase property worth at least EUR 250,000 in Latvia.
Pay a state fee of 5% of the real estate's purchase price.
Family Inclusion:
Applicants can include their spouse and children under 18 in the same residence permit application, allowing the entire family to benefit from the program.
Residency and Citizenship Pathway.
No physical stay requirement to maintain or renew the temporary residence permit.
After 5 years, applicants may apply for a permanent residence permit
After 10 years of legal residence, you may become eligible to apply for Latvian citizenship.
Why Latvia?
Latvia offers a unique blend of European access, affordable living, and business-friendly regulations. Whether you’re seeking new investment opportunities, global mobility, or a future in Europe for your family, Latvia provides a secure and strategic gateway.
Ready to start your European journey through Latvia?
Contact us today to learn more about your eligibility and next steps.