Latvia Residence by Investment Program

1. Latvia Residence by Investment

The Latvia Residence by Investment Program allows applicants to obtain a residence permit by meeting specific investment requirements, enabling them and their families to reside in Latvia.

  • Minimum Contribution:
    € 60 000
  • Contribution Type:
    State fee of 5% of the real estate price

Why Choose the Latvia Residence by Investment Program?

Investment Requirements: Applicants must commit EUR 50,000 into the equity capital of a Latvian company that pays at least EUR 40,000 in taxes annually, and make a one-time payment of EUR 10,000 to the state budget.

Financial Stability Requirements: Applicants must demonstrate sufficient funds to maintain their family's standard of living without seeking social assistance from the Latvian government. The required amounts are EUR 15,480 per year for a single main applicant, EUR 20,640 per year for a main applicant and spouse, and EUR 22,188 per year for a married couple with one child.

Discover The most Suitable Residence by Investment Option in Latvia with the exact cost and estimated Time in Just 1 Minute!
Benefits of Latvia Residence by Investment Program

Latvia’s Residence by Investment Program offers a range of benefits for investors seeking residency through real estate, business, or Special Economic Zones. This program provides a unique opportunity to enjoy life in a dynamic and culturally diverse Baltic nation.

  • Growing Economic Landscape: Latvia’s expanding economy presents opportunities for profitable investments in emerging sectors and industries.
  • Rich Cultural Experience: Enjoy Latvia’s unique blend of historic architecture, vibrant arts scene, and charming cities.
  • Natural Beauty: Experience Latvia’s stunning natural landscapes, including pristine beaches, lush forests, and picturesque lakes.
  • Ease of Doing Business: Benefit from a streamlined business environment with supportive regulations and a high level of digital infrastructure.
  • Growing Digital Economy: Latvia is recognized for its digital infrastructure and rapidly growing tech industry, making it attractive for entrepreneurs in the digital and IT sectors.
Benefits of Latvia Residence by Investment Program

Latvia’s Residence by Investment Program offers a range of benefits for investors seeking residency through real estate, business, or Special Economic Zones. This program provides a unique opportunity to enjoy life in a dynamic and culturally diverse Baltic nation.

  • Growing Economic Landscape: Latvia’s expanding economy presents opportunities for profitable investments in emerging sectors and industries.
  • Rich Cultural Experience: Enjoy Latvia’s unique blend of historic architecture, vibrant arts scene, and charming cities.
  • Natural Beauty: Experience Latvia’s stunning natural landscapes, including pristine beaches, lush forests, and picturesque lakes.
  • Ease of Doing Business: Benefit from a streamlined business environment with supportive regulations and a high level of digital infrastructure.
  • Growing Digital Economy: Latvia is recognized for its digital infrastructure and rapidly growing tech industry, making it attractive for entrepreneurs in the digital and IT sectors.
4 Steps to a New Life with Residence by Investment in Latvia
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Frequently Asked Questions Regarding Latvia
Residence by Investment Programs

Non-EU nationals over the age of 18, who can demonstrate sufficient financial means and have a clean criminal record, are eligible to apply for the Latvia RBI program.

Yes, the main applicant can include their spouse, children under 18, and dependent parents.

There is no mandatory physical presence required to maintain the residence permit.

Applicants need a valid passport, proof of investment, health insurance, and a clean criminal record.

Yes, after maintaining residence for 10 years, investors may be eligible to apply for Latvian citizenship.

The investment must be maintained for at least 5 years.

Yes, but you must maintain a qualifying investment to retain your residency.

The residence permit is issued for 5 years, with annual renewal of the ID card.

If rejected, the investment will not need to be made, but any legal or processing fees are non-refundable.

No, Latvia does not allow dual citizenship except in certain circumstances, such as citizenship by birth or other exceptional cases.

After 5 years of residence, you can apply for a permanent residence permit, provided you have lived in Latvia for at least 4 of the 5 years and pass a Latvian language test.

The main options are:A EUR 60,000 investment in the equity capital of a Latvian company, along with a EUR 10,000 payment to the state budget.An investment in real estate worth at least EUR 250,000, plus a state fee of 5% of the property value.

The processing time is typically between 1 and 3 months from the date of application.

Key benefits include the right to live, work, and study in Latvia, visa-free access to the Schengen Zone, and a quick, effective application process.

Yes, the application can be submitted remotely, but the applicant must travel to Latvia to collect the residence permit.

The minimum investment is EUR 60,000 for the company option, or EUR 250,000 for real estate.

Yes, you are allowed to rent out the property, generating rental income while maintaining your residence status.

Yes, there is a EUR 10,000 payment to the state budget for the company option, and a 5% state fee for real estate purchases.

Latvian residents are subject to taxes on worldwide income, but Latvia has tax treaties in place to prevent double taxation.

No, the investment must remain in the same qualifying option for the entire period to maintain residence.

Yes, the permit can be renewed every five years, as long as the investment is maintained and all requirements are met.

About Latvia

Latvia, a Baltic state in Northern Europe, is known for its growing economy, investor-friendly policies, and strategic location within the European Union. It provides excellent opportunities for investors looking to establish a base in Europe.

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