Latvia Residency by Investment

Situated in the heart of the Baltics, Latvia is a member of the European Union and the Schengen Area, offering enhances mobility across the continent and access to a thriving business environment. With a low cost of living, competitive tax system, and strategic location, Latvia has become an increasingly attractive destination for global investors, entrepreneurs, and families seeking residency in Europe.

Benefits of Latvia Residency by Investment program

Residency can be achieved in 1–3 months

Starting at just €60,000

Spouse and dependent children (under 18 years of age) eligible

Access to countries in Schengen Zone

and competitive income tax (25.5%–33%)

Possibility of permanent residency in 5 years, with the option for the citizenship in 10 years

Residency Routes

I. Company formation

There are two main options for obtaining residency through business:

1. Investing in your own business

Invest at least €50,000 in the share capital of a new company where the said company:

employes less than 50 people.
pays a minimum of €40,000 annually in taxes.
doesn’t exceed the annual turnover of 10 million euros.

An additional €10,000 is paid as a nonrefundable government fee.

This path is ideal for those relocating or expanding their business into the EU. Latvia’s favorable tax policies and reinvestment incentives make it attractive for long-term growth.

2. Investing into ready-made company

Option 1: Invest at least €50,000 into the share capital of an existing Latvian company where the said company:

employes less than 50 people.
doesn’t exceed the annual turnover of 10 million euros.

An additional €10,000 is paid as a nonrefundable government fee. The investment is non-refundable.

Option 2: For at least €89, 900, invest in a larger, equity capital company that:

employs more than 50 employees
pays a minimum of €40,000 annually in taxes
has a turnover higher than 10 million euros

An additional €10,000 as a nonrefundable government fee is also necessary for this option. However, this investment option comes with a buyback.

This is an excellent option for investors who prefer a hands-off investment model: by contributing to a company’s equity capital, you gain residency without the need to actively manage or operate the business.

II. Real Estate Investment

Investors can obtain residency by purchasing qualifying property in Latvia. This includes both residential and commercial real estate, with a minimum investment of €250,000. Real estate government fee is 5% of the investment amount.

Timeline & Process

Initial consultation

Initial consultation with NTL Trust to select the optimal investment route in Latvia for you.
Document collection and investment

After you have decided on the route, you should make the investment and collect necessary documents with the help of our agents.
Application submission

You need to submit your application to Latvian authorities in person to provide your biometric data for the residency permit.
Residence permit is issued

Approximately in 1–3 months for the main applicant and similarly long for the rest of the family member.
Go for a renewal

In five years from the initial issue, you can renew your visa for another five years or apply for permanent residency. In ten years, you can apply for citizenship.