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Latvia Golden Visa

Latvia Golden Visa

Latvia Golden Visa is undoubtedly the most sought-after EU residency-by-investment option in 2025. Amid rising costs, program closures, limited choices, and the end of several EU residency schemes, Latvia Residency by Investment has emerged as a refreshing opportunity. Latvia attracts investors by offering 5-year residency permits.

Latvia Golden Visa Program

Starting at an initial investment of €50,000, the Latvia Golden Visa is one of the most affordable EU residency programs. It appeals to investors by providing 5 years of European residency along with various other benefits. Thanks to its low investment requirement and fast processing, Latvia residency by investment is one of the easiest pathways to Europe.

Investment

Minimum €50,000

Languages

Latvian, Russian and English

Economy

Real Estate, Service sector, Agriculture

Currency

€ Euro

Latvia Golden Visa Investment Options

The Latvian Golden Visa offers several investment options, including real estate, business ventures, government bonds, and bank deposits. With a minimum investment of €50,000, the main applicant and their dependent family members receive a 5-year residency permit. Applicable government fees may apply to these investment options.

Business Investment

The most affordable Latvian Golden Visa option is a business investment, requiring a minimum of €50,000 invested in a Latvian company that pays €40,000 in annual taxes, along with a €10,000 government contribution.

Real Estate Investment

The Latvia Golden Visa through real estate investment requires a minimum investment of €250,000, which must be held for 5 years to maintain eligibility for Latvian residency.

Government Bonds

Investing €250,000 in non-interest government bonds qualifies an applicant for the Latvia Golden Visa by investment.

Bank Deposit

The Latvia Golden Visa through bank deposit requires an investment of €280,000 or more, allowing you to earn interest on your deposited amount.

Benefits of Latvia Golden Visa

Latvia Golden Visa benefits include a 5-year residency permit in Latvia and visa-free travel to 29 Schengen countries. Here are the key advantages for Latvia Golden Visa investors:

Visa Free Travel

Latvia residency by investment, also known as the Golden Visa, grants visa-free access to Schengen states.

No Mandatory Stay

There is no minimum mandatory stay requirement to renew the Latvia residency permit.

5-Year Latvia Residency

Investors receive a 5-year Latvia residency permit by fulfilling the investment criteria. A key advantage is that this residency is renewable.

Latvia Citizenship

The Latvia Golden Visa offers a pathway to Latvian citizenship for those who reside in the country for 10 years.

Latvia Golden Visa Requirements

To qualify for the Latvia Golden Visa, applicants must meet the minimum investment criteria and other requirements, including:

  • Main applicant must be 18 years or older

  • Fulfill the investment criteria

  • No serious health issues

  • Clean criminal record

  • Not a citizen of banned countries

Latvia Golden Visa Process

The Latvia Golden Visa process is somewhat unique: instead of obtaining approval first, the investor must make the investment before applying for the residency permit. Here are the details of the process:

Initial Assessment

The process begins with an initial assessment of the main applicant at Saad Ahsan Residency and Citizenship. This includes providing guidance on the Golden Visa program, investment options, and assistance with document preparation.

Application Processing

The third step involves the application being processed by the Latvian authorities at the Office of Citizenship and Migration Affairs.

Investment and Application Submission

The second step involves making the investment and submitting the application. Investment options include real estate funds and donations.

Approval of Golden Visa

Once the application is processed, the Latvian authorities will approve the Golden Visa and issue the residency permit.