Latvia

Your Affordable Gateway to Europe

Latvia offers one of the most accessible and cost-effective residency-by-investment programs in the European Union. Located in Northern Europe and part of the Schengen Area, Latvia’s Golden Visa program is ideal for individuals and families seeking European residency with low investment thresholds, a fast process, and a high quality of life.

Through Latvia’s Residence Permit for Investors program, applicants gain full residency rights and Schengen access, without the need for permanent relocation.


 Overview

  • Program Name: Latvia Investor Residence Permit Program
  • Minimum Investment: Starting from €60,000
  • Processing Time: 1–3 months
  • Residency Validity: 5 years (renewable)
  • Includes: Spouse and minor children

 Investment Options

Latvia offers several routes to qualify for residency:

  1. Business Investment
    1. Invest a minimum of €50,000 in a Latvian company (plus a €10,000 government fee)
    1. The company must pay at least €40,000 annually in taxes
  2. Real Estate Purchase
    1. Buy real estate worth at least €250,000 in Riga or other approved areas
    1. Pay a 5% government fee on top of the property value
  3. Government Bonds / Bank Deposit(currently limited)
    1. Previously available options may change depending on Latvian regulations

 Key Benefits

  • Access to the Schengen Zone: Travel visa-free across 27 European countries
  • Low Investment Threshold: One of the most affordable programs in Europe
  • Fast Processing: Residency approval typically within 60 business days
  • No Residency Requirement: You’re not obligated to live in Latvia
  • Path to Permanent Residency & Citizenship: Eligible after 5 years (with language and residency requirements)
  • Family Inclusion: Bring your spouse and dependent children
  • Strategic Location: Latvia offers easy travel to both Eastern and Western Europe

📝 Application Process

  1. Eligibility Assessment with SVESA experts
  2. Selection of Investment Route (business or real estate)
  3. Document Preparation and Submission
  4. Investment Execution
  5. Application Submission & Approval
  6. Residence Permit Issuance

Timeline

Stage                                                                                       Duration

Initial Assessment                                                              1–2 weeks

Investment & Documents                                               2–3 weeks

Application Processing                                                     30–60 business days

Residency Card Issued                                                      After approval

🤝 Why Choose SVESA?

At SVESA, we guide you through every step of the Latvian residency process with confidence and transparency. Our services include:

  • Business and property acquisition assistance
  • Legal and document support
  • Liaising with Latvian immigration and government offices
  • Long-term support for renewals and family expansion

📞 Want European residency without breaking the bank?
Let SVESA help you unlock the doors to Europe through Latvia’s smart and efficient Golden Visa program.

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