PROGRAM HIGHLIGHTS
Latvia’s Residency by Investment Program, established in 2010, is one of Europe’s longest-standing and most
cost-efficient pathways to EU residency. With a minimum investment from €50,000, it offers fast processing,
visa-free mobility across the Schengen Area, and a clear route to EU citizenship after 10 years of legal residence.
Anchored in a strategically located, stable EU economy, the program delivers exceptional value for globally
minded investors.
€50,000
Minimum Investment
SCHENGEN AREA
visa-free travel
1-3 MONTHS
processing time
BANK DEPOSIT, BONDS, BUSINESS INVESTMENT, REAL ESTATE
Investment options
PROGRAM BENEFITS
This program is designed for investors seeking efficient European access, combining strategic residency,
Schengen mobility, and long-term optionality within a single, well-structured framework.
VISA-FREE GLOBAL MOBILITY
Enjoy visa-free travel across all 29
Schengen countries for business and
personal mobility.
FAST RESIDENCY PROCESSING
Benefit from a fast application process,
with residency typically secured within
1 to 3 months.
ELIGIBILITY FOR CITIZENSHIP
Eligibility to apply for Latvian citizenship
after ten years of legal residence.
FAVORABLE TAX ENVIRONMENT
Competitive tax rates and incentives
supporting long-term investment
planning.
EU MARKET ACCESS
Strategic base within the European Union
for trade and business expansion.
STRONG CONNECTIVITY
Well-developed transport links connecting
Europe and global markets.
CAPITAL GROWTH POTENTIAL
Opportunity to invest in Latvian property
with potential appreciation and rental
returns.
FAMILY INCLUSION
Residency permits extend to spouse and
dependent children.
NO PHYSICAL PRESENCE REQUIRED
No minimum stay required to be eligible
for residence permit renewal.
INVESTMENT OPTIONS
€50,000
BUSINESS INVESTMENT
Equity investment of €50,000 in a Latvian company
that annually pays at least €40,000 in taxes, along with a one-time government fee of €10,000.
€250,000
REAL ESTATE INVESTMENT
Real estate investment of €250,000, along with a
one-time government fee equivalent to 5% of the
purchase price.
€250,000
BOND INVESTMENT
A €250,000 investment in special-purpose, interest-free bonds, along with a one-time government fee of
€38,000.
€280,000
BANK DEPOSIT
Capital deposit in a Latvian bank for a period of 5 years, along with a one-time government fee of €25,000.
In addition to the qualifying investment, applicants should anticipate costs related to advisory, government processing, official documentation, certification, and administrative services. For a comprehensive and transparent cost breakdown tailored to your application, please contact us for a detailed quotation.
ELIGIBILITY CRITERIA
To qualify for Latvian residency, applicants must complete one of the approved investment options and meet
the program’s eligibility standards, which include being at least 18 years of age, holding a clean criminal record,
and being a non-EU citizen. Only legally married spouses are eligible for inclusion, dependent children must be
under 18 at the time of application, and there are no nationality restrictions on eligible applicants.
PROCEDURES AND TIMELINES
Stage 2: Residency Application — Month 2
Collection of documents and residency application
submission at the Latvian embassy.
Stage 1: Investment — Month 1
Client qualification, KYC, banking due diligence,
and initial investment process.
Stage 3: Residency Card Collection — Months 3
Final approval and subsequent visit to Latvia for biometrics and residency card collection.
Stage 1: Investment — Month 1
Client qualification, KYC, banking due diligence, and initial investment process.
Stage 2: Residency Application — Month 2
Collection of documents and residency application submission at the Latvian embassy.
Stage 3: Residency Card Collection — Months 3
Final approval and subsequent visit to Latvia for biometrics and residency card collection.
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