What is the Latvia Golden Visa?

The Latvia Golden Visa is a program that offers investors the opportunity to obtain a residence permit in Latvia, a member state of the European Union, within as little as three months through investment. In addition to the right to live, work, and study in Latvia, the program provides freedom of travel within the Schengen Area.As of September 15, 2026, the option to obtain a residence permit by purchasing real estate has been removed, and new investment fund and updated company capital models have been introduced.

With TEKCE Visa legal consultancy, your application is managed end-to-end with an error-free flow, including investment selection, document planning, and official process management.

The initial temporary residence permit obtained through company capital investment is issued for 2 years and can be renewed as long as the required conditions continue to be met.

Investment Options

There are updated investment alternatives available for obtaining a Latvia Golden Visa as of September 15, 2026. Real estate investment is no longer applicable. This diversity allows investors to choose a path suitable for their budgets and goals.

Golden Visa provides the right to live, study, and work in Europe while offering freedom of movement in the Schengen Area. Latvia Golden Visa stands out as a stable and strategic residence solution for investors looking to gain access to Europe.

Investment Fund

An option to obtain a temporary residence permit in Latvia by investing in an investment fund of at least €150,000. (This is a new investment alternative added to Latvia's residence by investment program following the removal of the real estate investment path.)

Company Capital Investment

A capital investment of at least €100,000 in an eligible operating company in Latvia.

Initial Temporary Residence Permit

Renewal: At the end of 2 years, renewal is possible provided that necessary conditions are maintained.

Company Capital Investment

An investment of EUR 50,000 as capital in a start-up in Latvia + a payment of EUR 10,000 to the state budget, provided that the company pays at least EUR 40,000 in annual taxes.

Advantages of the Latvia Residence Permit by Investment Program

Visa-Free Travel within Europe’s Schengen Area

With the Latvia Golden Visa program, you gain the right to travel visa-free to all countries within the Schengen Area.

Long-Term Living and Business Opportunity

Long-term living and business opportunities in Europe for the investor.

Flexible & Updated Investment Options

Availability of alternatives including €150,000 investment fund and €100,000 company capital among investment choices.

Application with Family

Upon meeting eligible conditions, your spouse and dependent children can also be included in your application.

No Minimum Stay Requirement

Only one trip per year is required for the renewal of the residence card.

Unlimited Residence

There is no minimum stay requirement for the renewal of the residence permit.

Renewable Residency

The 2-year company investment residency can be renewed as long as the necessary conditions are met.

European Union Citizenship

In case necessary conditions are met and a total of 10 years of legal residence is completed, the right to apply for Latvian citizenship is gained.

Requirements for Latvia Golden Visa Application

Latvia Golden Visa requirements include the following criteria:

  • Holding a passport from outside the EU, EEA, and Switzerland (Being a third-country national)
  • Having a clean criminal record
  • Investing in one of the [options offered] updated investment options (Investment Fund or Company Capital) within the scope of Latvia Golden Visa program
  • Documenting sufficient and legal financial resources
  • Having valid health insurance for yourself and your dependents

Renewal and Maintaining Validity of Golden Visa

Golden Visa allows you to obtain a residence permit through investment in Latvia. In order to maintain the validity of your residence permit, you must maintain your investment in accordance with the program conditions.

Documents required from applicants during the renewal process:

  • Documents showing the continuation of the investment and statutory requirements
  • Current health insurance
  • Clean criminal record

As long as renewal conditions are regularly fulfilled, the Golden Visa can be extended smoothly, forming the foundation for permanent residency and citizenship applications in the following years.

Latvian Citizenship

Five years after receiving the residence permit, the applicant can apply for a permanent residence permit. To qualify for a permanent residence permit, the candidate must have spent four out of the five years in the country and successfully passed the basic A2 level Latvian language exam. The applicant must also have proven knowledge of Latvia's general history and national anthem.

Golden Visa helps you obtain a residence permit; you cannot obtain direct citizenship rights. To apply for citizenship, at the end of the 10th year, you must have resided in the country for at least 6 months per year.

Frequently Asked Questions

1How long does it take to get a residence permit with Latvia Golden Visa?
The application process varies depending on the selected investment type and preparation of required documents. The initial temporary residence permit obtained via company capital investment is issued for 2 years and is renewed as long as conditions are maintained.
2What are the most updated investment options? Is real estate purchase valid?
As of September 15, 2026, the option to apply for a new residence permit via real estate investment has been removed. Current options are €150,000 Investment Fund or €100,000 Company Capital Investment.
3Can my family be included in the application?
Yes. Upon meeting eligible conditions, your spouse and dependent children can be included in your application and benefit from the same rights.
4Is there a minimum stay requirement under the Latvia Golden Visa?
No. There is no minimum stay requirement to maintain the residence permit. It is sufficient to travel to Latvia once per year for the renewal of the residence card.
5Which countries can I travel to with Latvia Golden Visa?
Latvia Golden Visa holders can travel visa-free to all countries in the Schengen Area.
6How does the Latvia Golden Visa application process work?
The process generally consists of determining the appropriate investment option, checking requirements, preparing documents, making the investment, applying for temporary residency, evaluation, and receiving the residence card.
7Does Latvia Golden Visa offer a pathway to citizenship?
After 5 years, you can apply for permanent residency. At the end of the 10th year, you can apply for citizenship provided that you reside in the country for no less than 6 months per year. A2 level Latvian language knowledge and basic knowledge of Latvian history and national anthem are required.

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