Latvia residency by investment program has updates: Latvia’s new Immigration Law takes effect today, 15 September 2026, bringing significant changes to the country’s residence-by-investment framework.
Under the new rules, the long-standing €250,000 real estate investment route is no longer available to new applicants. The €280,000 subordinated bank deposit route has also been removed. Applications submitted by 14 September 2026 can continue to be considered under the previous rules, while transitional provisions apply to existing permit holders.
New €150,000 Investment Fund Route
The most significant addition is a new €150,000 investment fund option.
Under the legislation, applicants may qualify for a temporary residence permit for up to five years by:
- Investing at least €150,000 for a minimum of five years through a state-established alternative investment fund manager; and
- Making an additional €10,000 payment to the Latvian state budget.
The investment must remain at or above €150,000 throughout the required period.
However, while the route is legally established from 15 September, further regulations and practical implementation details are still expected, including the operation of the investment structure itself. Investors should therefore wait for confirmation that the route is fully operational before proceeding.
Company Investment Remains Available
Latvia has also retained its company investment routes. Investors can invest €50,000 or €100,000 in the share capital of a qualifying Latvian company, depending on the company’s size and financial criteria, alongside a €10,000 state payment. Under the new law, residence permits through these company routes are issued for up to two years, rather than five.
The reform represents a significant shift in Latvia’s investment migration policy: property and bank deposits are out for new applicants, while productive business investment and a new regulated fund structure become the focus of the program.
NTL Trust will continue to monitor the implementation of the new €150,000 fund route and provide updates as further regulations and application procedures are confirmed.
