Investments
Latvia - Golden Visa Program
Europe's Northern Gateway
Latvia - Golden Visa Program
Europe's Northern Gateway
Latvia - Golden Visa Program
Europe's Northern Gateway
Latvia is in Northern Europe and is part of the EU, NATO, and the Schengen Area, granting visa-free access to 118 countries. It has a reliable legal system, uses the euro, and offers strong digital infrastructure. Latvia is a modern, business-friendly gateway between Western, Nordic, and Eastern Europe. Riga, the capital, is a dynamic city with great transport and a strong services sector.
Latvia offers a high standard of living and is more affordable than Western Europe. People enjoy forests, beaches, and mild seasons. The social culture is calm and private. Riga has historic sites, cafés, and a lively culture. Daily life is balanced and accessible. Russian and English are widely spoken, making it easy for newcomers.
Minimum Investment
60,000 EUR
Minimum Investment
60,000 EUR
Time to Residency
2 to 3 months
Time to Residency
2 to 3 months
Overview of the Latvia Golden Visa Program
About the Latvia Golden Visa Program
A Latvia Golden Visa (Latvian TRP) gives non-EU nationals the chance to live in Latvia and enjoy the benefits of EU residency. You can travel freely in the Schengen Area and have the flexibility of no fixed minimum stay in Latvia. This program is ideal for anyone looking for a second home in the EU, more lifestyle options, and access to European opportunities. Over time, you can work toward permanent residency or even citizenship.
Latvia’s Golden Visa is one of the easiest and lowest-cost ways to get an EU residency permit through investment.
Investment Options for a Latvian Residency:
Real Estate Investment
EUR 250,000 minimum investment
One-time state tax of 5% of the property value
Rental allowed (short or long term)
Business Investment
EUR 50,000 share capital to a qualified Latvian company
One-time government fee EUR 10,000
Bank Deposit
EUR 280,000 (held for 5 years)
One-time government fee of EUR 25,000
Government Bonds
EUR 250,000 (held for 5 years)
One-time state fee of EUR 38,000
Key Benefits of a Latvian Residency
Live in Latvia: Stay in Latvia and travel visa-free in the Schengen area
Fast process: Permits are typically processed 1-3 months, but timelines may vary
Family Inclusion: Your spouse and children under 18 can join you
Economic Cost of Living: Everyday costs are lower than in many European countries, and Latvia’s minimum wage of EUR 740/month helps keep living costs more affordable, especially amid rising inflation.
Open a business in Latvia and enjoy easy access to European banking, markets, and trade
Access to healthcare and education in Latvia
Flexible stay: low minimum stays requirement annually
Most Affordable EU pathway: Start with an investment from EUR 50,000 and progress toward long-term residency or citizenship, subject to requirements
About
About the Latvia Golden Visa Program
A Latvia Golden Visa (Latvian TRP) gives non-EU nationals the chance to live in Latvia and enjoy the benefits of EU residency. You can travel freely in the Schengen Area and have the flexibility of no fixed minimum stay in Latvia. This program is ideal for anyone looking for a second home in the EU, more lifestyle options, and access to European opportunities. Over time, you can work toward permanent residency or even citizenship.
Latvia’s Golden Visa is one of the easiest and lowest-cost ways to get an EU residency permit through investment.
Investment Options
Key Benefits
Application Process
1
Month 1
Consultation, document preparation, and investment execution
1
Month 1
Consultation, document preparation, and investment execution
2
Months 1-2
Application submission and government review
2
Months 1-2
Application submission and government review
3
Months 2-3
Approval and residence permit issuance
3
Months 2-3
Approval and residence permit issuance
Frequently Asked Questions
What is the minimum investment required for Latvia residency?
The minimum investment starts from EUR 50,000 under the business investment option. Other routes, such as real estate, government bonds, or bank deposits, require higher capital commitments depending on the structure.
Can my family members be included in the application?
Yes. The program allows you to include immediate family members, including your spouse and dependent children. In some cases, dependent parents may also be included.
Does Latvia residency lead to permanent residency or citizenship?
Yes, subject to meeting the requirements. Investors may qualify for permanent residency and citizenship thereafter, provided residency, language, and other criteria are fulfilled.
Which investment option is the most suitable for me?
This depends on your priorities. Real estate offers a tangible asset with rental potential, while business investment has the lowest entry point. Bank deposits and government bonds are more passive, suited for those prioritising capital preservation.
Is there a minimum stay requirement to keep my residency?
No strict minimum stay is required to maintain temporary residency. However, if you intend to qualify for permanent residency or citizenship, physical presence requirements will apply.
Why should I apply through Levella Global?
We take a considered approach to investment migration. Beyond facilitating applications, we advise on the structure behind each decision — aligning residency, investments, and long-term plans so that every move supports your broader objectives.
What is the minimum investment required for Latvia residency?
The minimum investment starts from EUR 50,000 under the business investment option. Other routes, such as real estate, government bonds, or bank deposits, require higher capital commitments depending on the structure.
Can my family members be included in the application?
Yes. The program allows you to include immediate family members, including your spouse and dependent children. In some cases, dependent parents may also be included.
Does Latvia residency lead to permanent residency or citizenship?
Yes, subject to meeting the requirements. Investors may qualify for permanent residency and citizenship thereafter, provided residency, language, and other criteria are fulfilled.
Which investment option is the most suitable for me?
This depends on your priorities. Real estate offers a tangible asset with rental potential, while business investment has the lowest entry point. Bank deposits and government bonds are more passive, suited for those prioritising capital preservation.
Is there a minimum stay requirement to keep my residency?
No strict minimum stay is required to maintain temporary residency. However, if you intend to qualify for permanent residency or citizenship, physical presence requirements will apply.
Why should I apply through Levella Global?
We take a considered approach to investment migration. Beyond facilitating applications, we advise on the structure behind each decision — aligning residency, investments, and long-term plans so that every move supports your broader objectives.
Click here to see all other citizenship/residency programs.
Get in touch
Reach out to us with any enquiries and we will get back to you within 48 hours.
Get in touch
Reach out to us with any enquiries and we will get back to you within 48 hours.
Get in touch
Reach out to us with any enquiries and we will get back to you within 48 hours.
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Be in the know on the latest industry trends.
Levella Global © 2025. All rights reserved.
Be in the know on the latest industry trends.
Subscribe to our mailing list.
Levella Global © 2025. All rights reserved.