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Latvia Golden Visa

  • Starting From

€50,000

Latvia offers Europe’s most affordable Golden Visa program, providing an accessible entry point to EU residency with flexible investment options and fast processing times.
Key Benefits
  • Fastest Processing: 30-90 days approval time
  • EU Access: Visa-free travel to all Schengen Area countries
  • No Residency Requirement: No minimum stay obligation
  • Family Inclusion: Spouse and dependent children included
  • Work Rights: Right to live, work, and study in Latvia
  • Pathway to Citizenship: Eligible after 10 years with residency requirements
Investment Options

Business Investment (Most Affordable)

  • Small Company: €50,000 investment + €10,000 government fee
    • Company with fewer than 50 employees
    • Annual turnover under €10 million
    • Company must pay minimum €40,000 annual taxes
  • Large Company: €100,000 investment + €10,000 government fee
    • Company with more than 50 employees
    • Annual turnover over €10 million
    • Higher tax contribution requirements

Real Estate Investment

  • Minimum Investment: €250,000 in Latvian property
  • Government Fee: 5% of purchase price
  • Holding Period: Minimum 5 years
  • Property Types: Residential or commercial real estate

Government Bonds

  • Investment Amount: €250,000 in special-purpose government bonds
  • Government Fee: €38,000
  • Type: Non-interest bearing bonds
  • Return: Principal returned after 5-year period

Bank Deposit

  • Amount: €280,000 fixed-term deposit
  • Duration: 5 years minimum
  • Institution: Latvian bank or credit institution
  • Restriction: Funds cannot be accessed during term
Financial Requirements (2025)
  • Main Applicant: €2,220 monthly income (€26,640 annually)
  • Additional Adults: Additional financial requirements apply
  • Children: Lower financial thresholds for minors
  • Source of Funds: Legal documentation required
Path to Permanent Residence and Citizenship
  • Permanent Residence: After 5 years with physical residence requirement
  • Citizenship: After 10 years with naturalization requirements
  • Residence Requirement: Must live in Latvia 4 out of 5 years for permanent residence

Language Test: Latvian proficiency required for citizenship

Required Documentation
  • Valid passport (minimum 6 months validity)
  • Proof of qualifying investment
  • Clean criminal record certificate
  • Health insurance coverage (minimum 1 year)
  • Financial stability documentation
  • Completed application forms

Strategic Value: Latvia’s Golden Visa represents the most cost-effective entry point to EU residency, particularly attractive for investors seeking affordable European access with minimal ongoing commitments.

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