Programme Overview
Latvia Residency
From €150,000 (company share capital routes from €50,000) — financed against your portfolio, not liquidated from it.
Or compare it against the other programmesLatvia at a glance
Latvia is replacing its investor residence regime. A new Immigration Law, adopted 20 August 2026 and published 1 September 2026, enters into force on 15 September 2026 and repeals the 2002 Immigration Law outright.
Investment from
€150,000
company share capital routes from €50,000
Processing
4.5-7.5 months
Stay required
None
Residency. Spouse and dependants included. There is a pathway to citizenship.
Latvia Residency — investment routes
Company Share Capital (small company)
Company with 50 or fewer employees and turnover or balance sheet under €10m, paying at least €40,000 a year in Latvian taxes.
- ▪Investment of €50,000 ($55K USD)
Company Share Capital (large company)
Company over 50 employees with turnover or balance sheet over €10m, paying at least €100,000 a year in Latvian taxes.
- ▪Investment of €100,000 ($110K USD)
Alternative Investment Fund
New from 15 September 2026.
- ▪Investment of €150,000 ($165K USD)
Real Estate and Bank Capital (closing 15 Sep 2026)
Real estate required €250,000 nationwide plus 5% of value to the state budget; subordinated bank capital required €280,000 plus €25,000.
- ▪Investment of Closed to new applications
Latvia Residency benefits
- EU residency permit
- Visa-free travel in Schengen Zone
- Live, work, study in Latvia
- Include family members
- Access to EU opportunities
- Path to permanent residency
- Citizenship eligibility after 10 years
- Strategic location in Northern Europe
Eligibility Requirements
- ▪Non-EU/EEA/Swiss national
- ▪At least 18 years old
- ▪Clean criminal record
- ▪Valid health insurance
- ▪Proof of sufficient financial means
- ▪Legal source of funds
- ▪Property maintained for permit duration
- ▪Pass security checks
Who can be included
- Spouse
- Children under 18
- Dependent children under 24 (if students)
- Additional investment required for family members
Taxation
Latvia taxes residents on worldwide income at flat rate of 20-23% (depending on income level). Non-residents taxed only on Latvian-sourced income.
Residency requirements
No minimum annual stay required initially. To qualify for permanent residency after 5 years, must demonstrate integration and pass Latvian language test.
Path to citizenship
Eligible for Latvian citizenship after 10 years of continuous legal residence. Requirements include Latvian language proficiency (B1 level), knowledge of Latvian history and Constitution, renunciation of previous citizenship (with some exceptions), and demonstration of integration.
Application process
Typical duration: 4.5-7.5 months- 01
Investment & Documentation
1-2 monthsComplete property purchase or investment and gather required documents
- 02
Application Submission
1-2 monthsSubmit residence permit application to Office of Citizenship and Migration Affairs
- 03
Processing & Approval
2-3 monthsGovernment review, security checks, and permit approval
- 04
Permit Issuance
2-4 weeksReceive 5-year residence permit (renewable)
Costs and fees (Commission)
Every charge the programme makes, and the sales commission an intermediary adds on top of them.
Investment
€50,000-€150,000
Company share capital or alternative investment fund, under the law in force from 15 September 2026
Payment into the State Budget
€10,000
One-off, non-refundable, on first application under either remaining route
State Fee
€160-€560
Residence permit application fee: €160 at 30 days, €280 at 10 working days, €560 at 5 working days.
Legal Fees
€2,000-€5,000
Immigration lawyer and document preparation
Property Costs
2-4%
Stamp duty and notary fees for real estate
Sales commission
€25,000–€40,000
Charged against the fund subscription, on a programme where the state fee itself is not confirmed publicly.
Fee based model
The same programme, bought without an intermediary's commission.
You save
€25,000–€40,000
The sales commission on the left, which you do not pay. The $2,500 fee replaces it.
Total estimated cost
€86,000–€201,000
Including the sales commission above.
Total estimated cost
€61,000–€161,000
The programme's own charges, plus the $2,500 fee. No commission.
What the advice costs
The programme costs the same. The advice does not.
Through a commission
€25,000–€40,000
Sales commission on Latvia. Charged against the fund subscription, on a programme where the state fee itself is not confirmed publicly.
Through a fee
$2,500
Six months as a private client — route selection, the financing, the portfolio, and me on the end of a phone. Twelve months is $5,000. Paid by you, so the answer can be no.
Total saving
€25,000–€40,000
The whole commission, before the $2,500 fee, which is charged in dollars. The programme costs what it costs either way.
This is the commission only. The licensed agent, the legal work and the government fees in the list above are payable whoever advises you, and nothing here removes them — a saving that quietly included a statutory fee would be the same trick in the other direction.
Commission ranges are typical rather than universal, and no firm is named. They are not published anywhere, which is the point of them.
Fund Your Latvia Investment with a Lombard Loan
Instead of liquidating your portfolio to fund the From €150,000 (company share capital routes from €50,000) Latvia investment, use your existing assets as collateral and keep your money working for you.
Traditional: Liquidate Assets
- ✗Sell From €150,000 (company share capital routes from €50,000) from your portfolio
- ✗Trigger capital gains tax (up to 20%)
- ✗Lose years of compound growth
- ✗After 10 years: €323,839
Lombard Loan: Keep Your Portfolio
- Borrow From €150,000 (company share capital routes from €50,000) against €300,000 collateral
- No capital gains event triggered
- Portfolio continues growing at 8%
- After 10 years: €602,677
10-Year Wealth Projection
Is Latvia right for you?
Ideal for
- Budget-conscious investors seeking EU residency
- Those wanting straightforward, fast processing
- Business owners targeting Baltic/Nordic markets
- Investors seeking real estate with rental potential
- Families wanting EU education access for children
Consider alternatives if
- ▪Those wanting dual citizenship (Latvia restricts this)
- ▪Investors seeking Mediterranean climate
- ▪Those needing citizenship in under 10 years
- ▪High-earners seeking to minimize tax (consider territorial systems)
- ▪Those wanting to live primarily in Western Europe
Elsewhere
If this one is not the fit, these might be
FAQs
Half an hour, $100, no commission.
Whether Latvia is right for you, what it will actually cost, and whether a visa with no capital contribution gets you the same place for nothing.