Latvia Latvia Residence by Investment — Residency Program
🏠 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 | 5yr | Yes | Optional |
| Bank deposit | EUR 280,000 | $322,000 | 5yr | Yes | Optional |
| Government bonds | EUR 250,000 | $287,500 | 5yr | Yes | Optional |
| Business | EUR 50,000 | $57,500 | 5yr | Yes | Optional |
📋 ELIGIBILITY
Min Age
18+
Criminal Record Check
Required
Health Check
Not required
Health Insurance
Not required
💼 WORK RIGHTS
Employment
Allowed
Self-Employment
Allowed
Own Business
Allowed
Work Permit Included
Yes
👨👩👧 FAMILY & DEPENDENTS
Dependents Allowed
Yes
Spouse Included
Yes
Max Child Age
18
Parents Allowed
No
💰 TAX DETAILS
Tax Regime
Worldwide
Tax Rate
23.0%
Foreign Income Taxed
Yes
Capital Gains Taxed
Yes
🏆 PATH FORWARD
Permanent Residency
Yes
Years to PR
5 years
Dual Citizenship
Not allowed
Citizenship
Yes
Years to Citizenship
10 years
Language Required
A2
🌍 BENEFITS & MOBILITY
Schengen Access
Yes
Bank Account
Can open
Property Purchase
Allowed
Public Healthcare
Access granted
📝 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:
- Digital Nomad Visa (digital nomad visa)