€100,000
Minimum Investment
2-4 Months
Processing Time
26
Schengen Countries
About Latvia
Latvia is a Northern European country located in the Baltic region. It is a member of the European Union, Schengen Area, NATO, and the Eurozone, making it an attractive destination for investors seeking European residency and mobility.
language
Latvian
currency
Euro (EUR)
area
64,589 km²
capital
Riga
About the Program
Latvia's Residency by Investment program allows non-EU investors to obtain a Temporary Residence Permit by investing in qualifying real estate. The permit grants the right to live in Latvia and travel freely within the Schengen Zone.
Key Benefits
EU & Schengen Residency
Legal residency in an EU & Schengen country.
Schengen Travel
Visa-free travel across 26 Schengen states.
No Permanent Stay
No requirement to live permanently in Latvia.
Family Inclusion
Family members can be included in the application.
Permanent Residency Path
Pathway to permanent residency after 5 years.
Citizenship Eligibility
Potential eligibility for citizenship through naturalization.
Qualifications & Requirements
Main Applicant Requirements
- ✓Minimum real estate investment of €100,000 EUR.
- ✓Additional government fee (typically 5% of property value).
- ✓Clean criminal record.
- ✓Valid health insurance.
- ✓Proof of sufficient financial means.
Eligible Family Members
- ✓Spouse of the investor.
- ✓Dependent children under 18 years of age.
Investment Options
Real Estate Investment
€100,000 EUR
Purchase of one or more properties with a minimum value of €100,000. Property must meet government valuation and compliance standards.
Process & Steps
The total processing time generally ranges between 2–4 months from the date of submitting the completed application.
Property Selection
Selection and evaluation of qualifying property.
Property Purchase
Property purchase and registration.
Government Contribution
Payment of government contribution.
Application Submission
Residency application submission.
Permit Issuance
Issuance of Temporary Residence Permit.
Frequently Asked Questions
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