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Get a Latvian Residence Permit through Investment
Invest in a Latvian company and gain the right to live, work, and travel freely across the Schengen Zone.
The Latvian Golden Visa (Residency by Investment Program) allows non-EU citizens to obtain a Temporary Residence Permit (TRP) by investing in a Latvian company. This program provides the opportunity to live in Europe, access the Schengen Zone, and include family members under the same application.
Key Benefits:
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EU Schengen residency in 6–8 weeks
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Investment secured in a Latvian company
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Full legal assistance and documentation
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Family inclusion (spouse and children)
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Pathway to permanent residency and citizenship
What is the Latvian Golden Visa?
Fast Facts | |
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International Memberships: | EU and NATO since 2004, WTO since 1998, OECD since 2016 |
Capital: | Riga |
Other major cities: | Daugavpils, Liepaja, Jelgava, Jurmala, Ventspils, Valmiera |
Population: | 1.9m |
Language: | Latvian(official), English, Russian, German |
Area: | 64 594 km2 |
Political system: | Republic, parliamentary, democracy |
Legal system: | Based on civil law |
Currency: | Euro (EUR) |
Economic Overview | |
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GDP at current prices (2024): | EUR 40.2 billion |
GDP per capital (2024): | EUR 21 606 |
GDP growth (2024): | -0.4% |
GDP growth forecast (2025): | 1.2% |
Inflation rate (2024): | 1.3% |
Accumulated FDI (2024): | EUR 26.3 billion |
Accumulated FDI per capital (2024): | EUR 13 071 |
Credit ratings: | A+/ A3/ A- (investment grades) |
Why Invest in Latvia
STRATEGIC LOCATION
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Geographic Position: Latvia is strategically located at the intersection of Northern and Eastern Europe, offering access to major markets in the EU and the broader Eurasian region.
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Transport Infrastructure: Latvia boasts excellent logistics and transport infrastructure, including a well-developed port network, modern highways, and Riga International Airport, a key hub in the Baltic region.
EU MEMBERSHIP
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Single Market Access: As an EU member, Latvia provides access to a market of over 450 million consumers without customs barriers.
Regulatory Framework: Latvia adheres to EU standards and regulations, offering a stable and predictable legal environment for businesses.
AFFORDABLE PROPERTY PRICES
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Lower Costs Compared to Western Europe: Real estate in Latvia, particularly outside Riga, is more affordable than in many Western European countries, making it an attractive investment option.
Rising Property Values: Latvia’s real estate market shows strong growth potential, particularly in cities like Riga. As the economy continues to develop, property values are likely
Investment Option
€50,000
Minimum Investment
€10,000
Government Fee
€10,000
Service Fee
Investment is made via company share capital increase in an eligible Latvian company. The investor becomes a registered shareholder under the Latvian Commercial Register.
Legal Agreement
Sign a formal service agreement outlining all services, fees, and responsibilities.
Capital Investment
Increase company share capital to €50,000 and register it with the Latvian Commercial Register.
Invitation Application
We submit your case to the Office of Citizenship and Migration Affairs (OCMA).
Visa Issuance
Receive a visa to travel to Latvia and collect your TRP card.
Company Sourcing & Setup
We identify or establish a qualified Latvian company for your investment.
Shareholder Registration
Your shareholder status is legally registered in Latvia.
Temporary Residence Permit (TRP) Application
Apply at the Latvian Embassy in your country.
TRP Collection in Latvia
Visit OCMA to receive your residence card.
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