Latvia Residency by Investment Program
Secure European residency in the heart of the EU. Latvia, a full member of the European Union and the Schengen Area, offers investors a strategic gateway to Europe with visa-free travel, a business-friendly environment, and a competitive tax framework — all through a straightforward investment route.
Minimum investment: EUR 100,000
Processing time: approx. 2–3 months
Residency validity: 5 years (renewable)
Stay requirement: One visit per year
Family inclusion: Spouse & children under 18
The Republic of Latvia
Latvia is a parliamentary republic located in Northern Europe with its capital in Riga. The country enjoys strong political and social stability, and ranks among Europe's safest nations. As part of the EU and Schengen Zone, Latvian residency provides access to a market of over 450 million people.
The national currency is the Euro (€), and the time zone is UTC+2. Latvia combines modern infrastructure, quality healthcare, respected education institutions, and a competitive corporate tax regime — making it highly appealing for global investors and entrepreneurs.
Program highlights
Latvia offers one of the most affordable Residency by Investment programs in the European Union. Residency is granted within approximately 2–3 months, with only one visit per year required to maintain your status.
The program includes visa-free travel across the Schengen Area, inclusion of your legally married spouse and dependent children under 18, and a renewable 5-year residence permit with a clear pathway to permanent residence — subject to additional legal requirements.
Key benefits of Latvia residency
Latvia's Residency by Investment Program is designed for global investors seeking European access, strategic positioning, and long-term flexibility for themselves and their families.
Northern Europe's strategic gateway
Latvia combines a rich cultural heritage with a modern European business environment, offering investors both quality of life and strategic access to one of the world's largest economic blocs.
Share capital investment route
Investment in Share Capital of a Latvian Company
Applicants may qualify for Latvian residency through an investment in the share capital of a qualifying Latvian company. The investor receives category B shares with minority shareholder status.
- Investment amount: EUR 100,000
- Mandatory holding period: minimum 5 years
- Additional one-time EUR 10,000 donation to the Latvian state budget
- Guaranteed buy-back option available after 5 years
Qualifying Company Requirements
The Latvian company must meet specific criteria to qualify under the investment route:
- Minimum 50 employees
- Annual turnover of at least EUR 10 million
- Minimum EUR 100,000 annual tax contribution
- Legitimate business activity and financial viability
Who can apply?
The Latvia Residency by Investment Program is open to non-EU (third-country) nationals who are able to demonstrate a legal source of funds and pass all due diligence checks. There are no nationality restrictions.
- Main applicant aged 18 or over
- Non-EU (third-country) national
- Legally married spouse (if applicable)
- Dependent children under 18 at time of application
- Clean criminal record
- Demonstrable legally sourced funds of at least EUR 100,000
How the Latvia residency process works
VisaVoy coordinates the end-to-end process in collaboration with licensed partners and legal professionals, ensuring all stages are completed accurately, discreetly, and in full compliance with Latvian immigration law.
What Latvian residency provides
Fees & regulatory notes
Government, legal, and due diligence fees apply and vary depending on the number of applicants and case complexity. Additional costs may include document legalization, translations, visa processing, and travel expenses. All fees and regulations are subject to change in accordance with Latvian immigration law. VisaVoy provides transparent cost breakdowns during the initial consultation.