Entry-Level Company Investment
Invest €50,000 in a Latvian company that pays substantial annual taxes, plus a one-off €10,000 donation to the Latvian government. Total minimum cost: €60,000, plus applicable fees.
From€50,000
Golden Visa Program
Latvia residency.
Unlock the doors to European residency through Latvia’s Golden Visa program, requiring a minimal investment of EUR 60,000.
Lowest Golden Visa Investment
€60,000
Visa-Free Travel
Within the Schengen Area
Smooth & Quick Processing Time
2 to 5 Months
Residency
About Latvia.
Unlock the doors to European residency through Latvia’s Golden Visa program, where the historic allure of Riga, a UNESCO World Heritage Site established in 1201, awaits. Positioned strategically within the Schengen Area, Latvia becomes a gateway connecting Western Europe and Russia. This unique geographical advantage is complemented by the affordability of the Golden Visa program, requiring a minimal investment of EUR 60,000! Immerse yourself in the cultural richness of this country and seize the opportunity to make Latvia your gateway to European living.
Benefits
Program benefits.
- Schengen Area Access and FlexibilityLatvia's Golden Visa program grants investors visa-free Schengen access, the option to open a European bank account, flexible residency choices in Latvia or any EU country for up to 90 days – offering unparalleled freedom and opportunities.
- Long-Term ProspectsAfter five years, applicants can secure a permanent residence permit by meeting criteria such as residing in Latvia for four out of the last five years, passing a Level A2 Latvian language test, and demonstrating knowledge of Latvia's history and anthem. Citizenship becomes a possibility after 10 years of legal residence, with the condition of renouncing former citizenship, though exceptions may apply.
- EU and Schengen Area country.
- No residency requirements — you are not required to live in Latvia.
- Your family is included: applicant, spouse and children under 18.
- No hidden costs, and a free initial consultation.
- Expert service with dedicated support 7 days a week.
- A 100% application success rate.
Wondering if Latvia is right for you?
Speak with a Global Pass advisor and get a personalized comparison of your residency options.
Book a Free ConsultationInvestment
Investment options.
Country Profile
Latvia at a glance.
Continent
Europe
Capital
Riga
Population
Over 1.8 Million
Total Area
64,589 KM2
Geographical Nature
Mainland
Official Language
Latvian
GDP
USD 46 Billion
Currency
Euro
Latvia could be your fastest route to the EU.
Every applicant's situation is different. Talk to a Global Pass advisor about how this program fits your goals.
Book a Free ConsultationLifestyle
Life in Latvia.
Latvia offers a charming blend of Northern European tradition and modern living, centered on Riga, a UNESCO World Heritage site.
Quality of Life
Riga, the vibrant capital, is a cultural hub with historic architecture, a thriving arts scene, and excellent dining. Latvia is ranked among Europe's safest countries, and English is widely spoken, especially among younger generations and professionals, making integration smooth for international residents.
Healthcare & Education
Latvia delivers solid, affordable healthcare through both public and private systems, with private clinics offering short wait times and internationally trained, English-speaking doctors. For families, Latvia's education system offers a strong foundation, with increasing access to international schools, particularly in Riga.
Economic Environment
Latvia's economy is fast-evolving, fueled by IT, logistics, manufacturing, and renewable energy. As an EU and Eurozone member, it offers a stable, investor-friendly environment with full access to European markets. Riga is positioning itself as a tech and innovation hub, attracting startups, fintech, and international capital.
Process
Application process.
- Connect with our experienced consultants for a personalized consultation.
- Discuss your individual requirements, explore suitable investment options, and define your residency goals.
- We'll assess your eligibility based on the program's criteria.
- Make a minimum investment of €50,000 in a Latvian company with an annual turnover of less than €10 million.
- Cover the associated government fee of €10,000 and a service fee of €10,000.
- Complete the company registration process and obtain a tax identification number.
- Submit the necessary investment documentation, company registration proof, and your passport.
- Your Temporary Residence Permit (TRP) will be issued for a 5-year period, with an annual renewal requirement.
- The service fee covers the processing of your TRP application.
- Our team will provide comprehensive guidance and support throughout the entire process.
- We’ll assist you in navigating the legal and administrative procedures, ensuring a smooth and efficient experience.
- Gain the opportunity to live, work, and study in Latvia, a beautiful European Union country
- Contact us today to embark on your journey to Latvian residency!
FAQ
Frequently asked questions.
The questions applicants ask most often about Latvia's Golden Visa program.
There are two government-approved investment options: an Entry-Level Company Investment from €50,000, or an Enhanced Business Investment from €100,000. Both routes require an additional one-off €10,000 donation to the Latvian government, plus applicable fees.
The Latvia Golden Visa allows the main applicant to include their spouse and dependent children under one family application.
Yes. Applicants can apply for Latvian permanent residency after 5 years of full-time residence in Latvia, having resided in the country for at least 4 of those 5 years, and demonstrating knowledge of the Latvian language, general history, and national anthem. Citizenship may become possible after 10 years, provided the applicant has lived in Latvia for most of that time — Latvia does not offer direct citizenship by investment.
A Latvian passport provides access to 171 destinations worldwide.
The residency permit itself does not require full-time residence to maintain. However, applicants planning to eventually apply for permanent residency or citizenship should be aware of the residence requirements noted above that apply at those later stages.
Processing is typically 2 to 5 months, one of the faster Golden Visa timelines in Europe.
Global Pass
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