Golden Visa
Latvia Golden Visa
European residence through business equity or qualifying real estate, with Schengen short-stay travel access.
- From
- €50,000
- Timeline
- 1 to 3 months
- Residence
- Minimal
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- Minimum
- From €50,0002 qualifying routes
- Timeline
- 1 to 3 months
- Outcome
- Temporary residency
- Presence
- Minimal
- Dual citizenship
- Permitted
- Family
- Spouse + children
The opportunity
Why Latvia
Latvia offers a temporary residence permit through qualifying company equity (from EUR 50,000) or real estate (from EUR 250,000, in Riga, Jūrmala or the specified priority municipalities). Each route has a different investment and government fee structure. Latvia's 2026 Immigration Law reform ends new real-estate-route permits from 15 September 2026; the equity route is not affected by this change.
The source estimates 1–3 months. Collection of the residence card requires a visit for biometrics, and the permit must be registered annually. The permit is issued for a period not exceeding five years.
Travel rights
Shown only where verified.
- Schengen travel
Who it suits
May fit. May not.
Latvia suits applicants who want a residence permit. The two lists show where it fits and where another program serves better.
May fit if you want
- Applicants who want the lowest-cost EU residence-by-investment entry point reviewed — EUR 50,000 equity plus a EUR 10,000 state fee.
- Entrepreneurs and remote workers who want EU/Schengen access with no minimum-stay condition to maintain the permit.
- Applicants who can support a qualifying company paying at least EUR 40,000 in annual taxes.
May not fit if you need
- Applicants seeking the real-estate route after 15 September 2026 — Latvia's 2026 Immigration Law reform ends new real-estate-based residence permits from that date.
- Applicants who want permanent residence quickly — the temporary permit requires annual registration, and permanent residence is a separate process.
- Applicants unable to document the company's required annual tax payment (equity route) or the property and state-fee funds (real-estate route, while available).
Qualifying routes
Available routes
Minimums differ materially by route — there is no single universal figure. Amounts are indicative and confirmed with the authority before any engagement.
- Business investment
€50,000
Business equity
Company must have no more than 50 employees and annual turnover/balance sheet total not exceeding EUR 10 million, and must pay at least EUR 40,000 in annual taxes; one-time EUR 10,000 government fee. Medium/large companies: minimum EUR 100,000 equity.
Lowest entry - Real estate
€250,000
Qualifying real estate
Property in Riga, Jūrmala or the specified priority municipalities; government fee is 5% of the purchase price. Scheduled to close to new applicants from 15 September 2026.
What it costs
Cost structure
What the program costs beyond the qualifying investment, item by item.
Qualifying investment
From €50,000
Business equity · other routes from €250,000
- One figure for the household — spouse + children on the same application.
- Holding period
- Real estate: at least 5 years — selling within 60 months of receiving the permit cancels it. Equity: no fixed holding period is stated, but the qualifying company must continue to meet the investment and tax conditions.
What the investment covers
- Equity investment (small-company route)
- For companies with no more than 50 employees and annual turnover/balance sheet total not exceeding EUR 10 million. Medium/large companies: minimum EUR 100,000.
- Real estate investment
- Property in Riga, Jūrmala or the specified priority municipalities. Scheduled to close to new applicants from 15 September 2026 — confirm current availability before proceeding.
Costs beyond the investment
- Equity-route government feeAdditional to the equity investment.€10,000
- Real-estate route government fee5% of the purchase price, additional to the qualifying property investment.
Professional fees are quoted individually after eligibility review. Government fees change without notice; every figure is verified before engagement.
Qualifying investment
From €50,000
Business equity · other routes from €250,000
- One figure for the household — spouse + children on the same application.
- Holding period
- Real estate: at least 5 years — selling within 60 months of receiving the permit cancels it. Equity: no fixed holding period is stated, but the qualifying company must continue to meet the investment and tax conditions.
- Equity investment (small-company route)
- For companies with no more than 50 employees and annual turnover/balance sheet total not exceeding EUR 10 million. Medium/large companies: minimum EUR 100,000.
- Real estate investment
- Property in Riga, Jūrmala or the specified priority municipalities. Scheduled to close to new applicants from 15 September 2026 — confirm current availability before proceeding.
- Equity-route government feeAdditional to the equity investment.€10,000
- Real-estate route government fee5% of the purchase price, additional to the qualifying property investment.
Professional fees are quoted individually after eligibility review. Government fees change without notice; every figure is verified before engagement.
Requirements
Eligibility and documents
Who can apply is set by four rules on the applicant, background and qualification; the checklist lists seven documents. A spouse and minor children can join the same application.
Who can apply
Applicant
- Valid health insurance coverage for the main applicant and all included dependants.
- Proof of monthly subsistence funds; the required amount differs by route.
Background
- Police clearance certificate from the country of residence and country of origin; no criminal record permitted.
Qualification
- Documented lawful source of the investment funds.
Documents checklist
Family inclusion
Spouse
IncludedMinor children
IncludedAge limitUnder 18
Requires kinship documentation and notarised consent from the other parent.
How it works
Application process
The application runs in four steps. The source estimates 1 to 3 months end to end.
Consultation and agreement
Confirm the qualifying route and prepare documentation.
Execute the investment
Complete the equity investment or the real estate purchase and pay the associated state fee.
Submit the application
Submit the residence permit application with supporting documents.
Office of Citizenship and Migration Affairs (PMLP)
Collect the permit
Attend in person to provide biometrics and collect the residence card.
Office of Citizenship and Migration Affairs (PMLP)
- Duration
- Source estimate 1–3 months overall; official processing for real-estate applications above EUR 500,000 can take up to 60 working days.
- Source estimate, end to end
- 1 to 3 months
Alternatives
Compared with alternatives
How Latvia compares with two golden visa programs: United Arab Emirates from AED 750,000 and Hungary from €250,000.
This program
Latvia Golden Visa
- From
- €50,000
- Timeline
- 1 to 3 months
- Family
- Spouse + children
You are here
UAE Golden Visa & Residency
- From
- AED 750,000
- Timeline
- 2–4 weeks
- Family
- Spouse + children + parents
Questions
Program FAQ
Short answers to seven questions about Latvia Golden Visa.
It is issued for a period not exceeding five years.
No minimum ongoing physical presence is required, though you must visit to collect the residence card and provide biometrics.
Yes, visa-free for up to 90 days in any 180-day period.
Yes, the permit grants the right to work and conduct business in Latvia.
Yes, it must be registered annually and the qualifying investment maintained.
Only conditionally — for citizens of EU/EFTA and NATO states, and Australia, Brazil or New Zealand, or with Cabinet permission; otherwise the other nationality must be renounced.
The source describes a 20% corporate tax rate.
Next step
Have your eligibility reviewed before you commit.
A specialist checks your profile against the current rules, confirms the right route and quotes the full cost picture. No documents are collected at this stage.
- Program: Latvia Golden Visa — included automatically
- No approval guarantee — decisions rest with the authorities