Golden Visa
Latvia Golden Visa
European residence through business equity, with Schengen short-stay travel access.
- Minimum
- €50,000
- Timeline
- 1 to 3 months
- Residence
- Minimal
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- Minimum
- €50,000
- Timeline
- 1 to 3 months
- Outcome
- Temporary residency
- Presence
- Minimal
- Dual citizenship
- Permitted
- Family
- Spouse + children
The opportunity
Why Latvia
Latvia offers a temporary residence permit through qualifying company equity (from EUR 50,000). The real-estate route (from EUR 250,000) closed to new applications on 15 September 2026, when the new Immigration Law took effect: applications filed before that date are examined under the previous law, and holders of a real-estate permit may apply, while their permit is valid, for a repeat permit of up to five years on the same basis, if the investment still qualifies and the state payment set by the transitional provisions is made.
Wealthy Expat estimates 1–3 months; it is not an official processing time. Collection of the residence card requires a visit for biometrics. Under the Immigration Law in force since 15 September 2026, a new equity-route permit is issued for up to two years, and PMLP states that the law abolishes annual permit registration in several cases.
Travel rights
Shown only where verified.
- Schengen travel
Who it suits
May fit. May not.
Latvia suits applicants who want a residence permit. The two lists show where it fits and where another program serves better.
May fit if you want
- Applicants who want the lowest-cost EU residence-by-investment entry point reviewed — EUR 50,000 equity plus a EUR 10,000 state fee.
- Entrepreneurs and remote workers who want EU/Schengen access with no minimum-stay condition to maintain the permit.
- Applicants who can support a qualifying company paying at least EUR 40,000 in annual taxes.
May not fit if you need
- Applicants seeking a residence permit through real estate: the route closed to new applications on 15 September 2026, when the new Immigration Law took effect.
- Applicants who want permanent residence quickly: permanent residence is a separate process, and PMLP states that it requires at least five years of residence in Latvia with a temporary residence permit.
- Applicants unable to document the company's required annual tax payment (equity route).
Qualifying routes
Available and closed routes
One route qualifies: Business equity. The minimum is €50,000. One route is closed to new applicants.
Available routes
- Business investment
€50,000
Business equity
Company must have no more than 50 employees and annual turnover/balance sheet total not exceeding EUR 10 million, and must pay at least EUR 40,000 in annual taxes; one-time EUR 10,000 government fee. Up to 10 foreign investors can obtain a permit through one such company. Medium/large companies: minimum EUR 100,000 equity, and the company must pay at least EUR 100,000 in annual taxes.
Closed routes
- Real estate
€250,000
Closed to new applicants since 15 September 2026
Qualifying real estate
Under the Immigration Law of 20 August 2026, applications filed before 15 September 2026 are examined under the previous law. While their permit is valid, holders may apply for a repeat permit of up to five years on the same basis if the investment still qualifies, no ground for refusal applies and they pay EUR 1,000 to the state budget for each year of the previous and the new permit, less amounts already paid (transitional provision 10). The route required a government fee of 5% of the purchase price.
What it costs
Latvia Golden Visa costs
What the program costs beyond the qualifying investment, item by item.
Qualifying investment
€50,000
Business equity
- One figure for the household — spouse + children on the same application.
- Holding period
- Equity: no fixed holding period is stated, but the qualifying company must continue to meet the investment and tax conditions. Real estate (closed route, current holders): a holding period of at least 5 years is reported, under which selling within 60 months of receiving the permit cancels it.
What the investment covers
- Equity investment (small-company route)
- For companies with no more than 50 employees and annual turnover/balance sheet total not exceeding EUR 10 million. Medium/large companies: minimum EUR 100,000, and the company must pay at least EUR 100,000 in annual taxes.
- Real estate investment
- Closed to new applications since 15 September 2026; it applies to applications filed before that date and to holders' repeat permits. One property in Riga, Jūrmala or the other areas the previous law listed, or up to two properties outside them, worth at least EUR 250,000 in total.
Costs beyond the investment
- Equity-route government feeAdditional to the equity investment.€10,000
- Real-estate route government fee5% of the purchase price, additional to the qualifying property investment. Real-estate route only, closed to new applications since 15 September 2026. A holder's repeat permit requires a state payment of EUR 1,000 for each year of the previous and the new permit, less amounts already paid (transitional provision 10).
Professional fees are quoted individually after eligibility review. Government fees change without notice; every figure is verified before engagement.
Qualifying investment
€50,000
Business equity
- One figure for the household — spouse + children on the same application.
- Holding period
- Equity: no fixed holding period is stated, but the qualifying company must continue to meet the investment and tax conditions. Real estate (closed route, current holders): a holding period of at least 5 years is reported, under which selling within 60 months of receiving the permit cancels it.
- Equity investment (small-company route)
- For companies with no more than 50 employees and annual turnover/balance sheet total not exceeding EUR 10 million. Medium/large companies: minimum EUR 100,000, and the company must pay at least EUR 100,000 in annual taxes.
- Real estate investment
- Closed to new applications since 15 September 2026; it applies to applications filed before that date and to holders' repeat permits. One property in Riga, Jūrmala or the other areas the previous law listed, or up to two properties outside them, worth at least EUR 250,000 in total.
- Equity-route government feeAdditional to the equity investment.€10,000
- Real-estate route government fee5% of the purchase price, additional to the qualifying property investment. Real-estate route only, closed to new applications since 15 September 2026. A holder's repeat permit requires a state payment of EUR 1,000 for each year of the previous and the new permit, less amounts already paid (transitional provision 10).
Professional fees are quoted individually after eligibility review. Government fees change without notice; every figure is verified before engagement.
Requirements
Latvia Golden Visa requirements
Who can apply is set by five rules on the applicant, nationality, background and qualification; the checklist lists seven documents. Restrictions apply to two nationalities. A spouse and minor children can join the same application.
Who can apply
Applicant
- Valid health insurance coverage for the main applicant and all included dependants.
- Proof of monthly subsistence funds; the required amount differs by route.
Nationality
- Citizens of Russia and Belarus cannot request a temporary residence permit on the share-capital investment ground.Immigration Law of 20 August 2026, Article 27, paragraphs 7 and 8, which also exclude them from the state alternative investment fund ground.
Background
- Police clearance certificate from the country of residence and country of origin; no criminal record permitted.
Qualification
- Documented lawful source of the investment funds.
Documents checklist
Family inclusion
Spouse
IncludedMinor children
IncludedAge limitUnder 18
Requires kinship documentation and notarised consent from the other parent.
Nationality restrictions. Belarus, Russia
How it works
How to apply for the Latvia Golden Visa
The application runs in four steps. Wealthy Expat estimates 1 to 3 months end to end; it is not an official processing time.
Consultation and agreement
Confirm the qualifying route and prepare documentation.
Execute the investment
Complete the equity investment and pay the associated state fee.
Submit the application
Submit the residence permit application with supporting documents.
Office of Citizenship and Migration Affairs (PMLP)
Collect the permit
Attend in person to provide biometrics and collect the residence card.
Office of Citizenship and Migration Affairs (PMLP)
- Duration
- Wealthy Expat's estimate: 1–3 months overall.
- Wealthy Expat estimate, end to end
- 1 to 3 months
Alternatives
Compared with alternatives
How Latvia compares with two golden visa programs: Hungary from €250,000 and United Arab Emirates from AED 2,000,000.
This program
Latvia Golden Visa
- From
- €50,000
- Timeline
- 1 to 3 months
- Family
- Spouse + children
You are here
Hungary Golden Visa
- From
- €250,000
- Timeline
- 2 to 3 months
- Family
- Spouse + children
UAE Golden Visa & Residency
- From
- AED 2,000,000
- Timeline
- 7–10 business days
- Family
- Spouse + children + parents
Questions
Program FAQ
Short answers to seven questions about Latvia Golden Visa.
A new equity-route permit is issued for up to two years under the Immigration Law in force since 15 September 2026. Permits issued earlier stay valid until the end of their registration or validity term.
No minimum ongoing physical presence is required, though you must visit to collect the residence card and provide biometrics.
Yes, visa-free for up to 90 days in any 180-day period.
Yes, the permit grants the right to work and conduct business in Latvia.
Yes. To stay beyond the permit's term, the holder applies for a repeat permit, and the qualifying investment must be maintained. PMLP states that the new law abolishes annual permit registration in several cases; confirm the terms for your permit with PMLP.
Only conditionally — for citizens of EU/EFTA and NATO states, and Australia, Brazil or New Zealand, or with Cabinet permission; otherwise the other nationality must be renounced.
The source describes a 20% corporate tax rate.
Sources
Official sources
Checked against official sources on .
- Imigrācijas likums (Immigration Law), adopted 20 August 2026, Latvijas Vēstnesis No. 167, 1 September 2026 (opens in a new tab)
- Office of Citizenship and Migration Affairs (PMLP): New Immigration Law takes effect, 15 September 2026 (opens in a new tab)
- Grozījumi Imigrācijas likumā (amendments to the Immigration Law), adopted 23 April 2026, which removed the government-bonds route (opens in a new tab)
- Office of Citizenship and Migration Affairs (PMLP): residence permit for a real estate owner under the previous Immigration Law (opens in a new tab)
Next step
Have your eligibility reviewed before you commit.
A specialist checks your profile against the current rules, confirms the right route and quotes the full cost picture. No documents are collected at this stage.
- Program: Latvia Golden Visa, included automatically