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Latvia Residency by Investment Programme
Latvia Residency by Investment Programme
The Latvia Residency by Investment Programme provides non-EU investors with the opportunity to obtain residency through approved investment routes that contribute to the Latvian economy. Since its launch in 2010, the programme has become an attractive option for investors seeking European residency with flexible investment choices and access to the Schengen Area.
Residence permits are issued for a period of five years and may be renewed, provided the qualifying investment is maintained. Eligible applicants may become qualified to apply for permanent residency after five years, provided they satisfy the applicable residency and legal requirements.
"A flexible European residency route with several approved investment options and access to the Schengen Area."
— Latvia Residency by InvestmentKey Benefits of Latvia Residency
Latvian residency provides an efficient application process, Schengen mobility, a renewable five-year residence permit, family inclusion, lifestyle benefits, and a potential pathway to permanent residency and citizenship.
Fast & Straightforward Application Process
Applications are typically processed within 3–4 months, providing investors with an efficient route to European residency.
Visa-Free Travel Across Europe
Latvian residency provides visa-free access to 33 European countries, including those within the Schengen Area, allowing convenient travel without additional visas for eligible journeys.
Five-Year Renewable Residence Permit
Successful applicants receive a five-year residence permit, which can be renewed while maintaining the qualifying investment.
Residency for the Whole Family
The programme allows eligible applicants to include their spouse and dependent children under 18 years of age within the same application.
No Minimum Physical Residence Requirement
Applicants are not required to reside permanently in Latvia to obtain residency under the programme.
Live, Work & Study in Latvia
Residence permit holders have the right to live, work, and study in Latvia while benefiting from a safe environment, modern infrastructure, and a high standard of living.
Access to Education & Healthcare
Residents benefit from access to Latvia's education system and healthcare services, making the programme attractive for families relocating to Europe.
Attractive Tax Environment
Latvia offers a competitive tax system, including no wealth tax, no capital gains tax in certain cases, and an investor-friendly financial environment with a stable banking sector.
Pathway to Permanent Residency & Citizenship
Eligible applicants may qualify for permanent residency after five years. Following permanent residency, applicants may become eligible to apply for Latvian citizenship, subject to fulfilling all legal requirements.
Who Can Apply?
The Latvia Residency by Investment Programme is available to eligible foreign nationals who satisfy the programme's investment and legal requirements.
Qualifying Investment
Applicants must complete one of the government-approved qualifying investments.
Sufficient Financial Resources
Applicants must demonstrate sufficient financial resources to support themselves and their dependents.
Government Due Diligence
Applicants must satisfy the Latvian Government's due diligence and compliance requirements.
Supporting Documentation
Applicants must provide all required supporting documentation throughout the application process.
Eligible Family Members
Eligible family members include the applicant's spouse and dependent children under 18 years of age.
Investment Options & Costs
Applicants may choose one of the following government-approved investment routes.
Real Estate Investment
Purchase qualifying residential or commercial real estate with a minimum value of €250,000.
Business Investment — Option 1
Invest capital in an eligible Latvian company with fewer than 50 employees and annual turnover below €10 million.
Business Investment — Option 2
Invest capital in an eligible Latvian company with more than 50 employees and annual turnover above €10 million.
Bank Deposit
Invest in the subordinated capital or qualifying bonds of a Latvian financial institution.
Additional Costs: In addition to the qualifying investment, applicants should budget for government fees, professional advisory fees, document certification, legalisation, courier charges, and other administrative expenses.
Your Residency Journey
SEG provides professional support throughout every stage of your Latvia residency-by-investment application.
Initial Consultation
SEG evaluates your personal circumstances, investment objectives, and family requirements before recommending the most suitable Latvia residency option.
Document Preparation
Our specialists assist with preparing and reviewing all required documentation in accordance with Latvian Government requirements.
Select & Complete Your Investment
Choose your preferred investment route and complete the qualifying investment while preparing proof of investment and financial capacity.
Government Application
Your complete residency application, supporting documents, and proof of investment are submitted for official assessment.
Biometrics Appointment
Applicants travel to Latvia to complete biometric registration as part of the residency application process.
Residence Permit Approval
Following approval, applicants receive their residence permit and pay the applicable government fees.
Collect Your Residence Card
Applicants visit Latvia to collect their temporary residence permit (ID card). The residency permit remains valid for five years, while the residence card is renewed in accordance with government requirements.
Frequently Asked Questions
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