Nomad Watch
LV

Latvia Startup Visa

Active Worldwide Schengen

Latvia · Jaunuzņēmuma dibinātāja termiņuzturēšanās atļauja · Startup · apply both · processing 30–60 days

Financial threshold — no minimum listed
Stay 36 months
Application fee $150
Tax Worldwide Progressive income tax 20-31%

Path to staying

  1. Residence permit36 months
  2. Permanent residencyafter 5 years
  3. Citizenshipafter 10 years
  • Permanent residency 5 years
  • Citizenship 10 years
  • Dual citizenship not allowed
  • Language required for citizenship B1

Overview

Country
Latvia
Program
Latvia Startup Visa
Local name
Jaunuzņēmuma dibinātāja termiņuzturēšanās atļauja
Type
Startup
Status
Active
Initial duration
36 months
Max duration
36 months

Temporary residence permit for up to five non-EU startup founders developing an innovative, scalable business in Latvia.

Eligibility

  • Minimum age 18+
  • Criminal record check required
  • Health check not required
  • Health insurance required
  • Endorsement Startup committee

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 access granted
  • Must be primary residence required

Tax

Tax regime
Worldwide
Regime name
Progressive income tax 20-31%
Foreign income taxed
Yes
Capital gains taxed
Yes

How to apply

Method
both
Processing time
30–60 days
Apply from abroad
Yes

Notes

Startup Latvia describes the route as a temporary residence permit, not merely a Schengen visa. Up to five founders per startup can apply; application processing is about one month and the permit is valid for a maximum of three years.

Also in Latvia

Latvia also offers a digital nomad visa for remote workers

Source