Latvia Golden Visa
2-4
Months processing time
29
Visa-free Schengen Countries
€60,000
Minimum Investment
No
Physical stay requirement
Latvia is a member of the European Union, the Schengen Area and the Eurozone, as well as a NATO and OECD member state. It is one of 37 developed nations, and its capital, Riga often referred to as the ‘Paris of the North’ is the largest financial centre in the Baltic region.
The Latvian Golden Visa has become one of the most cost-effective investment residency programmes in Europe, attracting investors seeking entry into the European Union.
Key Benefits
- Obtain a residence permit in as little as 2–4 months; this is the fastest processing time of any European programme.
- Work or run a business locally and enjoy the same benefits and entitlements as local residents.
- A wide range of international schools to choose from, with low tuition fees offering excellent value for money.
- The whole family receives a residence permit, allowing free travel to and from the 29 Schengen countries in Europe.
- Currently, prime property in the heart of the capital, Riga, can be purchased for €250,000.
- Long-term rental yields of 4–7%, short-term rentals at 10%; no licensing restrictions on holiday rentals, with significant potential for future property appreciation.
- Free healthcare; emergency medical services are free for everyone, including tourists and non-residents. Medical standards are on a par with the EU, yet costs are only half the EU average.
- Universities offer a wide range of English-taught courses covering over 200 disciplines. Particularly in medical education, teaching standards adhere to the EU system, whilst local tuition fees and living costs are lower, attracting many medical students from across Europe.
- Latvian property is currently undervalued, presenting a prime opportunity to buy at the bottom of the market. It is highly suitable for investment, with property prices and rents rising steadily each year.
Application Requirements
Key eligibility requirements for obtaining a Latvian Golden Visa
Eligibility Criteria
- Be at least 18 years of age
- Provide proof of the lawful origin of funds
- Have no criminal record
- Meet the minimum investment requirements under one of the approved investment routes
- Maintain the qualifying investment for the required holding period where applicable
Approved Investment Routes
- Business Investment
- Property Investment
- Bank Deposit
- Government Bonds
Choose Your Investment Option
01 Option
Invest at least €50,000 in a company with fewer than 50 employees and an annual turnover of less than €10 million.
02 Option
Invest at least €100,000 in a company with more than 50 employees and an annual turnover exceeding €10 million.
Let’s Talk About Your Next Move
Whether you’re exploring second citizenship or residency, starting a relocation plan, interested in partnership, or simply have a question, we’d be glad to hear from you.
Contact Us