Nomad Watch
LV

Latvia Pensioner Residence

Active Worldwide Schengen

Latvia · Termiņuzturēšanās atļauja pensijas vecumā · Retirement · apply online, embassy, in country · processing 30–120 days

Financial threshold — no minimum listed
Stay 24 months, renewable
Application fee $179
Tax 25.5% 25.5% to EUR 105,300, then 33%

Path to staying

  1. Residence permit24 months
  2. Renew24 months at a time
  3. Permanent residencyafter 5 years
  4. Citizenshipafter 10 years
  • Permanent residency 5 years
  • Citizenship 10 years
  • Dual citizenship not allowed
  • Language required for citizenship

Overview

Country
Latvia
Program
Latvia Pensioner Residence
Local name
Termiņuzturēšanās atļauja pensijas vecumā
Type
Retirement
Status
Active
Initial duration
24 months
Renewable
Yes (24 mo)

Temporary residence permit of up to two years for a visa-exempt foreigner who has reached Latvia's pension age and has sufficient means. The statutory pension age in 2026 is 65. Russian and Belarusian citizens cannot use this ground. The permit can be requested again. It does not include a work right.

Eligibility

  • Minimum age 65+
  • Criminal record check required
  • Health check not required
  • Health insurance not required

Work rights

  • Employment not allowed
  • Self-employment not allowed
  • Own a business not 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

Article 27(1)(34) of the Immigration Law requires three things together: entry under a visa-waiver agreement, sufficient means, and Latvia's pension age. The State Social Insurance Agency says that age is 65 in 2026, with at least 20 years of insurance for a Latvian pension. This permit does not require a Latvian pension, only that age. Cabinet Regulation No. 225 still ties the old pensioner ground to personal regular income of twice the previous year's average old-age pension. That euro amount is not stored, because the published 2025 averages do not agree. The document-review fee is EUR 160, about USD 179 at the ECB rate of 8 October 2026, 1 EUR = 1.1186 USD. The permit is not on the unrestricted-employment list. Family members may request a permit for the same term. Permanent residence is five years of continuous stay with A2 Latvian and a culture and history course. Naturalisation is five further years from the permanent residence permit. A tax resident is taxed on worldwide income.

Also in Latvia

Latvia also offers a digital nomad visa for remote workers

Last verified Oct 9, 2026 Last changed Oct 10, 2026 Source

Change history

  1. Added

    created from article 27(1)(34) of the Immigration Law (https://likumi.lv/ta/id/370622).