Residency by investment
LatviaLatvia Golden Visa · Residence permit in Latvia by investment
- From
- EUR 100,000
- Timeline
- About 6.5 months
- From
- EUR 100,000 ↗
- Permit in
- About 6.5 months
- Stay
- No minimum stay
- Family
- Spouse, children under 18
- Travel
- Schengen area
Why Latvia
Schengen residency with no minimum stay
Move freely across the Schengen area.
There is no minimum physical residence.
Your spouse and children under 18.
After 10 years, you can apply for Latvian citizenship. ↗
How you qualify
Routes to residency in Latvia
Company equity
from EUR100,000
Equity in a Latvian company with more than 50 employees and an annual turnover or balance sheet above EUR 10 million, plus EUR 10,000 to the state budget. ↗
You also show enough funds to support yourself and your family without help from Latvian social services.
Legal framework
The law behind the Golden Visa
The figures on this page come from the law of Latvia and the official pages of its authorities. We check them regularly.
- Last regulatory update
- 15 September 2026. The new Immigration Law ended residence permits for real estate purchases and subordinated bank deposits; several permit categories now run for two years without annual registration. Source ↗
- Information checked
Last change: 2026
Since 15 September 2026, Latvia no longer grants temporary residence permits for buying real estate or for subordinated bank deposits. The company-equity route remains, and permits in several categories now run for two years without annual registration.
See all legislation (4)
How the program has changed
-
2010
Latvia opens residence permits for real estate and other investments. Immigration Law of 2002, Section 23, paragraph one, clauses 28-31 ↗
-
2014
Real estate threshold raised to EUR 250,000 plus a state fee. Immigration Law of 2002, Section 23, paragraph one, clauses 28-31 ↗
-
Sep 2026
A new Immigration Law ends the real estate and subordinated deposit routes. Immigration Law ↗
Legislation in force
| Legislation | What it covers | Published |
|---|---|---|
| Immigration Law (new law adopted 20 August 2026, in force 15 September 2026) ↗ | Residence permits: grounds, terms and conditions (in force 15 September 2026) | Latvian Parliament (Saeima); PMLP notice of 15 September 2026 · 20 August 2026 |
| Immigration Law of 2002, Section 23, paragraph one, clauses 28-31 (investment grounds, previous law) ↗ | Investment grounds under the previous law | likumi.lv · 31 October 2002 |
| Cabinet Regulation No. 731 (residence permit fees) and No. 133 of 2012 (identity document fees) ↗ | State fees for residence permits and identity cards | Cabinet of Ministers of Latvia |
| Citizenship Law, Section 11 et seq., and Cabinet Regulation No. 1001 of 2013 (naturalization) ↗ | Naturalization requirements and procedure | likumi.lv |
Sources of the figures (2)
| # | Source | Used for |
|---|---|---|
| 1 | PMLP – Share capital investor ↗ | From · Company equity |
| 2 | Citizenship Law, section 12(1)(1) (official translation, Valsts valodas centrs, as amended to 21-04-2022); PMLP, Naturalisation ↗ | A path to citizenship |
FAQs · Latvia
What families ask about Latvia
Short answers, each with its legal basis. Your advisor goes through the rest with you.
All questions, by countryWho can apply?
Non-EU nationals who invest in the share capital of a Latvian company and pay the state budget contribution can apply for a temporary residence permit. Since 15 September 2026 the new Immigration Law no longer grants permits for buying real estate or for subordinated bank deposits, so the company route is the one that remains open.
Legal basis: PMLP, New Immigration Law takes effect (15 September 2026) ↗
What is the minimum investment and which routes exist?
The company route requires EUR 100,000 in the share capital of a company with more than 50 employees and an annual turnover or balance sheet above EUR 10 million, plus EUR 10,000 paid into the state budget. The real estate and subordinated deposit routes were abolished on 15 September 2026.
Legal basis: PMLP, Share capital investor; PMLP, New Immigration Law takes effect ↗
What changed in September 2026?
A new Immigration Law adopted by the Saeima on 20 August 2026 entered into force on 15 September 2026. It ended temporary residence permits for real estate purchases and subordinated deposits, set a two-year term for several permit categories, abolished the annual registration and created a EUR 150,000 route through a state alternative investment fund that has not yet been set up.
Legal basis: PMLP, New Immigration Law takes effect (15 September 2026) ↗
How can I become a citizen?
The investor permit is temporary, so the path to citizenship has two stages: after five years in Latvia you can apply for a permanent residence permit, and naturalization requires having lived in Latvia with that permanent permit for the following five years, with at most one year of absence in total and none in the last year. You pass exams in Latvian (oral and written), the principles of the Constitution, the national anthem and Latvian history and culture, administered by the Office of Citizenship and Migration Affairs. Dual citizenship is only kept by nationals of EU, EFTA and NATO countries, Australia, Brazil and New Zealand; everyone else must renounce the previous nationality before the oath.
Do I have to keep the investment, and for how long?
Yes, for as long as you want to hold and renew the permit. The company must keep operating and the investment must remain in its share capital, and the state budget contribution of EUR 10,000 is paid once, when the first permit is granted. Withdrawing the capital ends the basis of the permit.
Legal basis: PMLP, Share capital investor ↗
Are there nationality restrictions?
Latvia suspended first-time temporary residence permits for citizens of Russia and Belarus in April 2022, and the current rules for those nationalities should be confirmed with the PMLP before applying. Citizens of other countries are not subject to that restriction.
Legal basis: PMLP, Latvia temporarily suspends temporary residence permits for Russian and Belarusian citizens ↗
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