Residence Permit in Latvia

Latvia has launched their Golden Visa program in 2010 to
attract foreign investment.

This European Golden visa program offers EU residency and citizenship in exchange for either investment in real estate, investing in companies or contributions in the subordinated capital of credit institutions. 

By investing €250,000 into real estate you will get a luxury property with high-end finishes and you’ll be eligible to apply for Latvia Temporary Residence. The application process for residence takes 30–90 days.


€250 000+

Investment amount

1-3 months

Obtaining period

10 years

Required to live in the country to apply for citizenship

5 years

Return of real estate investment

Benefits of Residence Permit in Latvia


Visa-free entry to Schengen countries 

Visa-free entry to the countries of the Schengen area and European Union


No residence requirement

There are no requirements for the period of actual residence in Latvia before and after obtaining a residence permit.


Citizenship is inherited

Acquired citizenship is inherited.

Terms of investment program

Option 1. Real estate investment €250 000+ (residential or commercial)

Option 2. Investment in subordinated capital of a Latvian bank for a period of at least five years

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