Nomad Watch
LV

Latvia Startup Visa

Active Worldwide Schengen

Latvia · Jaunuzņēmuma dibinātāja termiņuzturēšanās atļauja · Startup · apply online, embassy, in country · processing 30–120 days

Minimum income $873/mo EUR 780 a month
Stay 36 months, renewable
Application fee $179
Tax 25.5% 25.5% to EUR 105,300, then 33%

Path to staying

  1. Residence permit36 months
  2. Renew36 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 Startup Visa
Local name
Jaunuzņēmuma dibinātāja termiņuzturēšanās atļauja
Type
Startup
Status
Active
Initial duration
36 months
Renewable
Yes (36 mo)

Temporary residence permit for a non-EU founder who will develop a scalable, innovative product in a Latvian company. Up to five founders can be approved for one activity, for the same term, and the permit is issued for up to three years. Within three months of the decision the founder must be a board member of a company registered within the previous year.

Financial requirements

Income requirement
EUR 780/mo (~$873 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

Article 27(1)(11) of the Immigration Law replaced the old OECD-and-microstate limit. Russian citizens cannot apply. Citizens of countries on the Cabinet list for additional checks cannot apply. Belarusian citizens are not in the statutory ban. There is no prior committee approval. Within 12 months the founder files either proof of an early-stage venture investment at the Startup Law threshold, at least EUR 30,000 or EUR 15,000 depending on the investor type, or a progress report that the product is still being developed. A repeat permit is allowed by article 29, but the company-age test may block a second permit for the same company. Means of subsistence are the 2026 minimum monthly wage, EUR 780. OCMA's English checklist still says EUR 500 and was last updated on 22 April 2022. A child needs EUR 234 a month. The document-review state fee is EUR 160 within 30 days. The card is EUR 45 or EUR 80. USD figures use the ECB reference rate of 8 October 2026, 1 EUR = 1.1186 USD. The permit supports commercial activity as a board member. It is not on the list of unrestricted employment rights. A family member of a person with commercial-activity rights does receive unrestricted employment. The statute does not require a health-insurance policy. Permanent residence, naturalisation and tax treatment match the investment permit: five years to permanent residence with an A2 test, then five years from that permit to naturalisation, and resident tax of 25.5 percent up to EUR 105,300.

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

    • Official page https://www.pmlp.gov.lv/en/start-founders https://likumi.lv/ta/id/370622
    • Income monthly (USD) none 873
    • Income annual (USD) none 10470
    • Application fee (USD) 150 179

    dropped the health-insurance flag and the B1 citizenship label. Neither is in the Immigration Law or the Citizenship Law (https://likumi.lv/ta/id/57512-pilsonibas-likums).

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