Residency Permit Program


  • Inclusion of spouse and children under 18 years old
  • Fast processing
  • Visa-free travel to the countries in the Schengen Area,Switzerland, Norway and Iceland
  • Able to stay in any Schengen Member State up to three months within any half year
  • No physical residency requirements
  • The right for the applicant to work in Latvia
  • The right to receive discounted or free education within The European Union
  • The right to obtain a Latvian driver’s license, which is valid In all Member States of the European Union The right to acquire and register a vehicle within the Territory of Latvia


  • Aged 18 years or older
  • Applicant must have no criminal record
  • Applicants must have sufficient income to support the applicant and dependents
  • €13,320/year – Main Applicant
  • €4,440/year – Spouse
  • €2,592/year – Per child
  • Health Insurance for applicant and dependents
  • Make a qualifying investment in real estate, or in the share Capital of a Latvian company and hold the investment for 5 years

Investment Options

  • The applicant must invest in Real estate or shares in a Company in Latvia
  • Real Estate investment
  • €250,000 minimum investment
  • 5% government fee
  • 2% Registration fees

The investment must be held for a minimum of 5 years, And must be retained if the residency permit is renewed


  • Fast processing within approx. 90 days to obtain a Temporary Residence Permit
  • Successful applicants and dependents will be granted a Temporary Residence Permit valid for 5 years
  • Applicants who have kept their investment for 5 years can apply for renewal for an additional 5 years every 5 Every 5 years subject to payment of a renewal fee Of €5,000
  • Applicants who have continuously resided in Latvia for 5 Years will be entitled to apply for Permanent Resident Permit
  • Applicants and their dependents can receive subsidized Healthcare and Education benefits after becoming permanent residents
  • Applicants and their dependents can apply for Latvian Citizenship after 10 years of legal residence in Latvia