Latvia: residence by investment
LatviaEuropeOverview
Latvia was for years one of the cheapest property-based residence routes in the EU. That ended on 15 September 2026, when the new Immigration Law removed the real estate, bank deposit and government bond routes for new applications. Existing permits are unaffected.
What remains is the company route: an investment in the share capital of a Latvian company that meets size and tax conditions. The law also creates a EUR 150,000 route through a state-established investment fund, but the fund has not been set up, so no one can use it yet.
The permit gives residence in an EU state and travel within the Schengen area. Redomiciled coordinates with Latvian lawyers, who confirm the conditions on the day you file.
Latvia residence permit through company investment
A Latvian temporary residence permit for investors is granted for up to five years to non-EU, non-EEA nationals who invest in the share capital of a Latvian company. The usual threshold is EUR 50,000, or EUR 100,000 for larger companies.
The company is not a shell: it must meet size criteria and pay a minimum level of Latvian taxes each year, commonly cited at EUR 40,000, and the investment has to stay in place for the life of the permit. The applicant also shows personal means of support, set at EUR 780 a month for the company route in 2026, with lower amounts for a spouse and children.
The permit is re-registered each year and can lead to permanent residence after five years, subject to a Latvian language test and other conditions. Applications from citizens of Russia and Belarus face restrictions.
Who it suits
Founders building a real business in the EU
You will run or invest in a Latvian company that trades and pays tax.
Families wanting EU residence and Schengen travel
Spouse and children can be included.
Former property-route applicants
You planned to buy in Riga and need the route that still exists.
Requirements
- Required
Non-EU, non-EEA nationality
EU citizens use free movement instead.
- Required
Share capital investment
EUR 50,000 or EUR 100,000 into a qualifying Latvian company.
- Required
Company tax contribution
The company must pay a minimum level of Latvian taxes each year.
- Required
Means of support
EUR 780 a month for the main applicant on the company route (2026).
- Required
Clean record and health insurance
Criminal record certificate and valid insurance.
Documents
- PassportValid for the permit period.
- Proof of investmentCompany register extract and bank evidence of the capital contribution.
- Company tax evidenceShowing taxes paid in Latvia.
- Criminal record certificate (apostilled)From your country of residence.
- Proof of means and health insuranceBank statements and an insurance policy.
- New Immigration Law in force
- 15 September 2026As of 2026-10-27 · [1]
- Real estate route (EUR 250,000)
- Closed to new applicantsAs of 2026-10-27 · [1]
- Bank and bond routes
- Closed to new applicantsAs of 2026-10-27 · [1]
- Company route
- EUR 50,000 or EUR 100,000As of 2026-10-27 · [2]
- Fund route
- EUR 150,000 for at least 5 years; fund not yet set upAs of 2026-10-27 · [2]
- Existing permits
- Unaffected; transitional rules for files lodged earlierAs of 2026-10-27 · [1]
Timeline
- 1Eligibility and company checkConfirm the company meets the size and tax conditions.
- 2InvestPay in the share capital.
- 3Prepare documentsApostilled records, means and insurance.
- 4ApplyFile with the Office of Citizenship and Migration Affairs (PMLP).
- 5Permit and annual re-registrationKeep the investment and company compliance in place.
Questions
Can I still get Latvian residency by buying property?
No. Since 15 September 2026, buying real estate no longer qualifies for a new residence permit. Existing permits are unaffected.
What is the minimum investment for Latvian residency now?
EUR 50,000 in a qualifying Latvian company's share capital, or EUR 100,000 for larger companies.
What is the EUR 150,000 fund route?
A new route through a state-established investment fund, held for at least five years. The fund has not been set up, so the route is not usable yet.
Can the Latvian permit lead to permanent residence?
Yes. The permit is granted for up to five years and re-registered each year. It can lead to permanent residence after five years, subject to a Latvian language test and other conditions.
Banking in our network
We do not publish institution names: the right partner depends on your profile, and each institution keeps its own view on who it will serve.
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No partner institution in our network is based here; companies and residents here are introduced to partners in other jurisdictions.
Sources
- 1.Corp-Intl: Latvia ends the property and deposit routes (15 September 2026), retrieved 2026-10-27
- 2.Get Golden Visa: Latvia reshapes its golden visa, retrieved 2026-10-27
- 3.Global Citizen Solutions: Latvia golden visa 2026, retrieved 2026-10-27
- 4.Corvus: residence permits in Latvia FAQ, retrieved 2026-10-27
- 5.Corpenza: conditions for Latvian residence permits, retrieved 2026-10-27
Reviewed by the Redomiciled team on .
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