The Latvia Golden Visa starts from a €50,000 investment in a Latvian company plus a €10,000 government donation, and processing typically takes 2 to 5 months. Full-time residence is not required to keep the permit.
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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 minimum company investment of EUR 50,000 plus a EUR 10,000 state fee. Immerse yourself in the cultural richness of this country and seize the opportunity to make Latvia your gateway to European living.
Speak with a Global Pass advisor and get a personalized comparison of your residency options.
Book a Free ConsultationEvery applicant's situation is different. Talk to a Global Pass advisor about how this program fits your goals.
Book a Free ConsultationLatvia offers a charming blend of Northern European tradition and modern living, centered on Riga, a UNESCO World Heritage site.
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.
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.
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.
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.
Yes. Latvia is an EU and Schengen Area country, and a valid Latvian residence permit allows short visits within the Schengen Area for up to 90 days in any 180-day period. The Golden Visa does not give you a Latvian passport.
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.
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