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ResidencyEurope

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.

Updated

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

  • 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.

    Required

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.

Timeline

  1. 1Eligibility and company checkConfirm the company meets the size and tax conditions.
  2. 2InvestPay in the share capital.
  3. 3Prepare documentsApostilled records, means and insurance.
  4. 4ApplyFile with the Office of Citizenship and Migration Affairs (PMLP).
  5. 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.

Other residency programmes

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