Updated on April 6, 2026

Latvia Golden Visa

A 5-year residence permit for the lowest investment threshold in the EU

The Latvia Golden Visa allows investors from non-EU and non-EEA countries to obtain EU residency by investment.

Applicants can invest in a business, real estate, or a bank deposit. The business option starts from €50,000 — one of the lowest thresholds in the EU.

The residence permit is valid for 5 years and can be renewed if the investment is maintained. It grants visa-free travel within 29 Schengen countries, access to quality healthcare and education, and favourable business tax conditions.

€50,000

Minimum investment

3+ months

Processing time

5 years

Validity period

8 Key Benefits of the Latvia Golden Visa

1
Visa-free travel
Latvian residence permit holders can travel freely across 29 European countries, for up to 90 days within any 180-day period.
Latvian residence permit holders can travel freely across 29 European countries, for up to 90 days within any 180-day period.
2
Return on investment
Investors can rent out purchased real estate and earn an annual rental yield of 5—7%. A bank deposit offers up to 3% annual interest.
Investors can rent out purchased real estate and earn an annual rental yield of 5—7%. A bank deposit offers up to 3% annual interest.
3
Low investment threshold
With a minimum investment of just €50,000, Latvia offers the lowest entry point among EU residency routes. This threshold applies to the business investment option.
With a minimum investment of just €50,000, Latvia offers the lowest entry point among EU residency routes. This threshold applies to the business investment option.
4
Attractive corporate tax
Latvia exempts reinvested profits from corporate tax, with the 20% rate applying only to distributed dividends. This is one of the lowest corporate tax rates in Europe.
Latvia exempts reinvested profits from corporate tax, with the 20% rate applying only to distributed dividends. This is one of the lowest corporate tax rates in Europe.
5
Access to healthcare and education
Latvia provides affordable public healthcare and free education in state schools. The country also offers a growing number of quality universities featuring English-taught programmes.
Latvia provides affordable public healthcare and free education in state schools. The country also offers a growing number of quality universities featuring English-taught programmes.
6
Inclusion of family
Investors may include their spouse and children under 18 without any additional investment. Family members obtain the same rights as the investor.
Investors may include their spouse and children under 18 without any additional investment. Family members obtain the same rights as the investor.
7
Relocation to Europe
Investors may live in Latvia for the entire validity of their residence permit. However, full-time residence is not required unless they plan to apply for permanent residency or citizenship.
Investors may live in Latvia for the entire validity of their residence permit. However, full-time residence is not required unless they plan to apply for permanent residency or citizenship.
8
Path to EU PR and citizenship
After 5 years of continuous residence, Latvia Golden Visa holders may apply for permanent residency. After a further 5 years, 10 in total, they become eligible for Latvian citizenship by naturalisation.
After 5 years of continuous residence, Latvia Golden Visa holders may apply for permanent residency. After a further 5 years, 10 in total, they become eligible for Latvian citizenship by naturalisation.

Who Can Get Latvia Residence Permit by Investment

Investor

Over 18

With no criminal record

In good health

With at least €8,880 in their bank account

Spouse

Legally married to the investor

Children

Under 18

Unmarried

Financially dependent on the main applicant

3 Investment Options for the Latvia Golden Visa

Latvia offers 3 investment options, with the business investment route being the most affordable in the EU. Other options include real estate purchase and opening a bank deposit.

In addition to the investment, the applicant must maintain a minimum bank balance of €8,880, plus €8,880 for a spouse and €2,664 for each dependent child. For those choosing the real estate option, the required balance is €26,640. The amounts for family members remain unchanged.

1. Business investment — €50,000+

Investors contribute €50,000 or €100,000 to the share capital of a Latvian company for 5 or 10 years, depending on its turnover and workforce.

2. Real estate purchase — €250,000+

Investors purchase completed real estate worth at least €250,000 in Riga or within 30 kilometres of the city; off-plan properties do not qualify.

2. Bank deposit — €280,000+

Investors deposit a minimum of €280,000 in subordinated bonds of a Latvian bank for a 5-year period. The deposit can generate up to 3% annual interest.

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Step-by-Step: How to Get the Latvia Golden Visa

The Latvian Golden Visa acquisition process takes at least 3 months. It includes several mandatory steps: preparation of documents, investment fulfilment, application submission, obtaining a D visa, and entering Latvia to submit biometrics and collect residence permit cards.

01.

Turning to an immigration expert

2—3 weeks

The MyGoldenVisa team guides investors through all the requirements and procedures for obtaining the Latvian Golden Visa. We also conduct a background check to ensure compliance with the Golden Visa criteria.

02.

Preparation of documents

2—3 weeks

The lawyer provides the applicant with a list of required documents to collect, then verifies and certifies all the papers remotely, ensuring they meet all the requirements.

03.

Fulfilment of investment condition

2+ months

The investor completes the chosen investment, whether in company shares, real estate, or a bank deposit.

04.

Application submission

1+ months

The application can be submitted at a Latvian embassy in the investor’s country of residence or directly to the Office of Citizenship and Migration Affairs in Latvia.

Applicants whose passports allow visa-free entry to the EU, or who hold a valid Schengen Visa are advised to apply from within Latvia.

05.

Obtaining a D visa

Up to 1 month

Upon approval, the investor receives a temporary D visa to travel to Latvia for the biometrics appointment.

06.

Biometric submission and card collection

1—3 months

The applicant and their dependents visit Latvia to submit biometrics, complete a medical examination, and pay remaining fees. Residence cards are issued within 5—30 days.

Documents Required for the Latvia Residency by Investment

The set of documents for the Latvia Golden Visa is individual for each investor but generally includes the following:

completed application form;
valid passport;
recent passport photos;
proof of financial means, such as bank statements or income documentation;
proof of a place of residence in Latvia, such as lease or property contract;
evidence of the chosen investment, such as a company share certificate, property deed, or bank deposit confirmation;
criminal record certificate;
marriage certificate, if applying with a spouse;
birth certificates for children;
medical certificate confirming the applicant’s good health;
health insurance;
receipts or evidence of payment of all state and processing fees.

Foreign documents must be legalised and translated into Latvian or English, with notarised copies where required.

Testimonials

MyGoldenVisa made the Latvian residency process effortless

I was amazed by how smoothly everything went. The MyGoldenVisa team handled each stage with precision — from due diligence and document preparation to embassy coordination. Every update came right on time, and I had my residence card in just four months. What could have been stressful turned into a perfectly managed experience.

David Lawson

real estate developer

Now I enjoy the comfort and security that EU residency provides

Thanks to MyGoldenVisa, obtaining Latvian residency was smooth and straightforward. Their lawyers handled every step and even advised me on the best investment. Everything was managed with professionalism and care. Now I can travel freely across Europe and balance my work between countries.

Nattaya Charoensuk

entrepreneur