LATVIA
Residency by Investment
Program Type
Residency by Investment
Investment Type
Share capital in a Latvian company
Minimum investment
€50,000
Processing time
1-3 months
Visa-free travel
Schengen Area
Overview
Latvia’s new Immigration Law took effect on 15 September 2026. The old property and bank-deposit golden-visa routes are closed. What remains is an investment in the share capital of a Latvian company — from €50,000 in a small firm, or €100,000 in a larger one — together with a €10,000 payment to the state.
The company-route permit now runs for up to two years and is renewed on the same terms. A separate fund route of €150,000 is in the statute; the state fund is not yet open for applications.
The card is a Schengen residence permit.
Country
Capital
Riga
Language
Latvian
Currency
Euro (EUR)
Permit
Temporary residence — investment
Population
About 1.9 million
Government type
Parliamentary republic
Why choose Latvia?
- A low cash entry into the European Union.
- Riga as a Baltic capital.
- Schengen travel.
- A company you can actually run.
LATVIA Residency by Investment
Benefits
- Latvian residence and Schengen travel.
- A live company in the EU.
- Family included.
- A later path to permanent residence after real stay.
Qualifications
- Non-EU citizenship.
- Clean record.
- The share-capital investment and the state fee.
- A registered address in Latvia.
Family members
- Spouse.
- Minor children.
- Dependants.
Step by step process
- Incorporate or subscribe to the company.
- Pay the state fee.
- File with OCMA / PMLP.
- Collect the residence card.
Timeframe
A complete company file is often decided in one to three months.
Decision
1–3 months
Permit
Up to 2 years, renewable
Documents
- Passport.
- Company documents and proof of the transfer.
- Police certificates.
- Registered address.
FAQs
Who can apply?
Non-EU adults with a clean record and documented funds for one of the four investment routes.
Can I still buy a flat for the permit?
The property route closed on 15 September 2026.
Is the €150,000 fund open?
It is in the law. The fund itself is not yet receiving applications.