Latvia Closes Its Property and Bank-Deposit Investor Routes
Latvia's new Immigration Law, adopted 20 August 2026 and published 1 September 2026, enters into force on 15 September and repeals the 2002 law outright. From that date neither real estate (EUR 250,000) nor subordinated bank capital (EUR 280,000) is a ground for a residence permit; the government securities route went on 20 May 2026. What remains is company share capital from EUR 50,000, now carrying a EUR 40,000 annual company tax test and a 2-year permit, plus a new EUR 150,000 alternative investment fund route. Applications filed up to and including 14 September are still examined under the old law. Existing property and bank-capital holders may renew for up to five years at EUR 1,000 per permit year.
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