Added
created from article 27(1)(9) of the Immigration Law (https://likumi.lv/ta/id/370622).
Minimum investment
$3,132
Company capital
Stay
24
months, renewable
Application fee
$179
Tax
25.5%
25.5% to EUR 105,300, then 33%
Path to staying
- Residence permit24 months
- Renew24 months at a time
- Permanent residencyafter 5 years
- Citizenshipafter 10 years
- Permanent residency 5 years
- Citizenship 10 years
- Dual citizenship not allowed
- Language required for citizenship
Overview
- Country
- Latvia
- Program
- Latvia Enterprise Residence
- Local name
- Termiņuzturēšanās atļauja komersanta amatpersonai
- Type
- Entrepreneur
- Status
- Active
- Initial duration
- 24 months
- Renewable
- Yes (24 mo)
Temporary residence permit for a non-EU board or council member, procurator, insolvency administrator, liquidator, partnership representative or branch representative of a Latvian company. During the permit the company must pay at least EUR 25,000 a year in taxes. An officer of a limited liability company also needs paid-up share capital of at least EUR 2,800. The permit is issued for up to two years and can be requested again.
Investment options
| Type | Tier / zone | Min amount | USD equivalent | Holding | Returnable | Required |
|---|---|---|---|---|---|---|
| Company capital | SIA officer | EUR 2,800 | $3,132 | — | Yes | Optional |
Financial requirements
- Income requirement
- EUR 3,630/mo (~$4,061 USD)
- Application fee
- $179
Eligibility
- Minimum age 18+
- Criminal record check required
- Health check not required
- Health insurance not required
Work rights
- Employment not allowed
- Self-employment allowed
- Own a business allowed
- Work permit included no
Family and dependents
- Dependents allowed
- Yes
- Spouse included
- Yes
- Max child age
- 18
- Parents allowed
- No
Benefits and mobility
- Schengen access
- Bank account can open
- Property purchase allowed
- Public healthcare no access
Tax
- Tax regime
- Worldwide
- Tax rate
- 25.5%
- Regime name
- 25.5% to EUR 105,300, then 33%
- Foreign income taxed
- Yes
- Capital gains taxed
- Yes
How to apply
- Method
- online, embassy, in country
- Processing time
- 30–120 days
- Apply from abroad
- Yes
Notes
This is article 27(1)(9) of the Immigration Law, not the equity investment in article 27(1)(10). There is no EUR 10,000 budget payment. Russian citizens cannot apply. Belarusian citizens are not in that ban. The permit gives the right to carry on commercial activity. It is not unrestricted employment. A tax debt above EUR 150 can lead to refusal or cancellation. The means test is read from Cabinet Regulation No. 225, which still cites the 2002 law's board-member ground: twice the previous year's average monthly gross wage when the stay is for employment or business. The Central Statistical Bureau's 2025 average was EUR 1,815, so the 2026 figure used here is EUR 3,630 a month. The document-review fee is EUR 160. USD figures use the ECB reference rate of 8 October 2026, 1 EUR = 1.1186 USD. Permanent residence is five years of continuous stay, A2 Latvian and a culture and history course. Naturalisation is five further years counted from the permanent residence permit. A tax resident is taxed on worldwide income at 25.5 percent up to EUR 105,300.
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Last verified Oct 9, 2026 Last changed Oct 10, 2026 Source