Latvia

Latvia is situated on the Baltic coast within Europe’s Schengen Area. Its capital, Riga, was founded in 1201 and is a UNESCO World Heritage Site. Approximately half of Latvia’s territory is covered by forests, offering many nature trails and parks. Latvia offers excellent transport and cultural links with both Western Europe and Russia.

After five years, the holder of a temporary residence permit may apply for permanent residence. To qualify for a permanent residence permit, the candidate must physically reside in Latvia for four out of the prior five-year period and successfully pass the state language proficiency examination.

Citizenship can be obtained after five years of legal residence in Latvia if the applicant has been a permanent resident for the five years preceding the date of submission of their application. To qualify for citizenship, the applicant must physically reside in Latvia for at least four out of the last five years.

Latvia does not allow dual citizenship.

Latvia

Latvia is situated on the Baltic coast within Europe’s Schengen Area. Its capital, Riga, was founded in 1201 and is a UNESCO World Heritage Site. Approximately half of Latvia’s territory is covered by forests, offering many nature trails and parks. Latvia offers excellent transport and cultural links with both Western Europe and Russia.

After five years, the holder of a temporary residence permit may apply for permanent residence. To qualify for a permanent residence permit, the candidate must physically reside in Latvia for four out of the prior five-year period and successfully pass the state language proficiency examination.

Citizenship can be obtained after five years of legal residence in Latvia if the applicant has been a permanent resident for the five years preceding the date of submission of their application. To qualify for citizenship, the applicant must physically reside in Latvia for at least four out of the last five years.

Latvia does not allow dual citizenship.

Benefits of the Latvia Residence by Investment Program

The Latvia Residence by Investment Program was launched on 1 July 2010 as an initiative to sustainably overcome the economic crisis of 2007– 2009. Foreign nationals may apply for a residence permit in Latvia through various options.

Benefits of the Latvia Residence by Investment Program

The Latvia Residence by Investment Program was launched on 1 July 2010 as an initiative to sustainably overcome the economic crisis of 2007– 2009. Foreign nationals may apply for a residence permit in Latvia through various options.

Latvia Residence

Requirements

Latvia

Application Process

Latvia Real Estate

Everything you need to know about acquiring premium real estate in Latvia and linked to the Latvia Residence by Investment Program.

Holding period of real estate

5 years

Type of ownership

Sole

Minimum real estate investment

EUR 250,000

Rental income opportunity

5%

Frequently Asked Questions

Stuck on something? We’re here to help with all your Questions and Answers in one place.

  • What is the Latvia Residence by Investment Program?

    The Latvia Residence by Investment Program offers residence to individuals and their families through substantial investments in the country.

  • What are the investment options available for the Latvia Residence by Investment Program?

    Investment options include either investing in the equity capital of a Latvian company and making a one-time payment to the state budget or acquiring real estate property in Latvia and paying a state fee. Additionally, applicants must demonstrate sufficient funds to maintain their standard of living without government assistance.

  • What are the benefits of obtaining Latvian residence through investment?

    Benefits include the right to live, work, and study in Latvia, visa-free travel within Europe’s Schengen Area, and quick and effective application procedure.

  • What is the minimum investment required for the Latvia Residence by Investment Program?
    The minimum investment starts at EUR 60,000 to the equity capital of a Latvian company and a one-time payment to the state budget.
  • How long does it take to process an application for the Latvia Residence by Investment Program?
    Processing times for residence by investment applications may vary. Please contact us to find out more.