Minimum investment
$57,500
4 investment options
Stay
60
months, renewable
Application fee
—
Tax
23.0%
Worldwide
Path to staying
- Residence permit60 months
- Renew60 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 A2
Overview
- Country
- Latvia
- Program
- Latvia Residence by Investment
- Local name
- Uzturēšanās atļauja investoriem
- Type
- Golden visa
- Status
- Active
- Initial duration
- 60 months
- Renewable
- Yes (60 mo)
Five-year renewable residence permit for non-EU nationals investing in Latvian real estate, bank deposits, government bonds, or businesses.
Investment options
| Type | Min amount | USD equivalent | Holding | Returnable | Required |
|---|---|---|---|---|---|
| Real estate | EUR 250,000 | $287,500 | 5 yr | Yes | Optional |
| Bank deposit | EUR 280,000 | $322,000 | 5 yr | Yes | Optional |
| Government bonds | EUR 250,000 | $287,500 | 5 yr | Yes | Optional |
| Business | EUR 50,000 | $57,500 | 5 yr | Yes | Optional |
Eligibility
- Minimum age 18+
- Criminal record check required
- Health check not required
- Health insurance not required
Work rights
- Employment allowed
- Self-employment allowed
- Own a business allowed
- Work permit included
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 access granted
Tax
- Tax regime
- Worldwide
- Tax rate
- 23.0%
- Foreign income taxed
- Yes
- Capital gains taxed
- Yes
How to apply
- Method
- in person
- Processing time
- 30–90 days
- Apply from abroad
- Yes
Notes
Real estate route requires property within Riga or 30km radius. 5% government fee on property value. Parliament considering reducing company investment permits from 5 to 2 years. Dual citizenship limited to EU/EFTA/NATO + Australia, Brazil, New Zealand nationals. PR requires 4 of 5 years physical presence.
Also in Latvia
Latvia also offers a digital nomad visa for remote workers