Latvia Residency by Investment & Pathway to Citizenship
and secure residency rights, which comes with an array of lifestyle and financial benefits.
Latvia
Latvia Residency by Investment & Pathway to Citizenship
Expand your global footprint, secure European market access, and create a legacy of mobility and opportunity through Latvia’s investment route to European residency — a structured pathway that can ultimately lead to EU citizenship.
Overview
- Country: Latvia
- Capital: Riga
- Currency: Euro (EUR)
- Schengen / EU Membership: Yes
Program Overview
Latvia’s Residency by Investment Program, commonly known as the Latvia Golden Visa, provides non-EU investors with a renewable residence permit in exchange for a qualifying investment into the Latvian economy.
While Latvia does not offer direct citizenship by investment, this program opens a clear, long-term route toward permanent residence and eventual citizenship through naturalization. Investors and their families gain full Schengen mobility, access to the European market, and the ability to reside, study, and conduct business within Latvia and the EU.
Key Steps
- Select your qualifying investment and prepare supporting documentation
- Submit application to the Office of Citizenship and Migration Affairs (OCMA) or Latvian consulate
- Receive residence permit valid for up to five years
- Maintain investment and meet physical-presence requirements
- Apply for permanent residence after five years
- Apply for Latvian citizenship after approximately ten years of lawful residence
Processing Timeline
Typically 1 – 3 months for residence approval; eligibility for citizenship after ten years.
Dependents
Spouse, children under 18 years of age
Physical Presence
No requirement for physical presence, but the applicant must visit Latvia annually and confirm that they still hold their investments in the country
Qualifying Investment Options
Investment Type | Minimum Amount / Notes* |
Business investment / share capital | €100,000 in a Latvian company that meets statutory employment, turnover, and tax contribution thresholds |
Real estate acquisition | Minimum €250,000 in approved property (plus state duty) |
Government securities / bonds | From €250,000 in Latvian government bonds |
Bank deposit | Minimum €280,000 fixed deposit with a Latvian financial institution |
*Government fees, due-diligence checks, and administrative costs apply in addition to the investment.
The most accessible route for many applicants is the business-investment option, starting at €100,000, which encourages entrepreneurship and direct contribution to Latvia’s growing economy.
Minimum Time to Qualify for Citizenship
10 years after initial residence permit is issued.