Program Advantages
- ✦ Visa-free travel to the 27 Schengen member states.
- ✦ Right to live, work, and study freely in Latvia.
- ✦ Include your spouse and dependent children under 18 in your application.
- ✦ One of the fastest European residency programs, taking just 2-4 months.
- ✦ Access to a highly favorable business environment in the European Union.
- ✦ Safe, politically stable European country with a high standard of living.
Investment Requirements
To qualify for Latvian residency, foreign nationals must complete one of the following investment options:
Make a minimum investment into an existing Latvian company. The investment may be returned after 5 years.
- Minimum Company Investment €50,000
- One-time Government Payment €10,000
- Company Tax Requirement Min. €40,000 / year
Investment in the subordinated loan capital of a Latvian credit institution. Must be held for a 5-year period.
- Minimum Loan Capital Investment €280,000
- One-time Government Payment €25,000
Purchase real estate with a minimum value of €250,000. The property may not be sold during the 5-year resident permit.
- Minimum Property Value €250,000
- Government State Fee 5% of property value
Investment in a non-interest bearing government bond. The bond must be held for a 5-year period.
- Minimum Bond Investment €250,000