Europe • Latvia
Investment amount
Processing time
Investment return


The Latvia Golden Visa offers a 5-year residence permit to foreigners investing a minimum of €50,000. Applicants can choose between real estate, business investment, or a bank deposit.
Benefits include visa-free travel in the Schengen Area, potential rental income, and the right to live in Latvia. The program is governed by Section 23, Paragraph 1, Clause 28 of the Immigration Law.
Latvia is part of the Schengen Area. Resident permit holders can enter without a visa and stay up to 90 days within any 180-day period.
Latvia is part of the Schengen Area. Resident permit holders can enter without a visa and stay up to 90 days within any 180-day period.
The application process can take as little as 3 months. Investors are not required to pass a language test or secure a job.
Latvia does not charge corporate income tax on profits reinvested into business. The 20% tax applies when profits are distributed as dividends.
Real estate can generate annual yield of 5—7%, while bank deposits can yield up to 3% per annum.
After 5 years of continuous residence, holders become eligible for permanent residency. After another 5 years, they may apply for citizenship.
The spouse and minor children can get Latvian residency with the investor under one application.
The Latvia Golden Visa investment options include a contribution to a business, purchase of a property, and a bank deposit.
Applicants invest in the share capital of Latvian companies for 5 or 10 years.
Business | Applicants invest in the share capital of Latvian companies for 5 or 10 years. |
Purchase residential or commercial real estate worth at least €250,000 in Riga or within 30 km of Riga.
Real estate | Purchase residential or commercial real estate worth at least €250,000 in Riga or within 30 km of Riga. |
Deposit at least €280,000 into subordinated bonds of a Latvian bank for 5 years.
Bank deposit | Deposit at least €280,000 into subordinated bonds of a Latvian bank for 5 years. |
Latvian residency by investment with Schengen travel access.
The Latvia Golden Visa offers a 5-year residence permit to foreigners investing a minimum of €50,000. Applicants can choose between real estate, business investment, or a bank deposit.
Benefits include visa-free travel in the Schengen Area, potential rental income, and the right to live in Latvia. The program is governed by Section 23, Paragraph 1, Clause 28 of the Immigration Law.

Head of the Immigration Department
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