Residence permit through real estate investment
One of the simplest and most reliable ways to obtain residence permit in Europe.
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Fast Processing
Obtain a residence permit within just 2–3 months from application
Visa-free access to Schengen Area
Travel freely across 29 European countries
No mandatory residence requirement
Minimal stay requirements in Latvia
Path to permanent residency and citizenship
Strong basis for long-term life in the EU
For the whole family
Your spouse and children get residence permit with you
Access to EU market
Ability to live, work, and do business in the EU
Secure investment
Investment in a tangible asset with potential for value growth
Investment Requirements
To obtain a residence permit through real estate in Latvia, you need to:
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Investment amount
Invest at least €250,000 in residential or commercial real estate
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Government fee
Pay a 5% government fee on the property value
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Property requirements
Property must be located in Riga, Jurmala, or a state-approved region
Must be fully registered in the investor’s name and mortgage-free
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Transaction requirements
Transaction must be conducted via Latvian bank for transparency
Step-by-step process to obtain a Latvian residence permit via real estate investment
We ensure a transparent and efficient process — from property selection to getting your resident card. You’ll have our professional support every step of the way.
Consultation and start of the process
- Conduct confidential identity verification (KYC/AML) based on passport.
- Determine applicant’s compliance with legal requirements.
- Discuss conditions and benefits of real estate investment.
- Sign cooperation agreement and pay service fees.
Property selection and purchase
- Provide applicant with current properties matching program requirements (price, location).
- Deal support: legal check of the property, negotiation assistance.
- Drawing up the purchase agreement.
- Payment of full property price and government fees.
Document preparation and application submission
- Collect all necessary documents (passport, investment proof, registration data, etc.).
- Pay government fee for document review.
- Submit application to the Office of Citizenship and Migration Affairs (OCMA).
- OCMA reviews the application within 30–90 days.
Approval and issuance of residence permit
- After approval, investor must visit Latvia to provide biometric data.
- Pay state fee and visit Latvia within 90 days to process resident card (ID card).
Maintaining resident status
- The property on the basis of which the residence permit was issued must remain the applicant’s property.
- Having sufficient financial means — The applicant must annually confirm having income or savings sufficient to live in Latvia without needing to work.
- Having a valid medical insurance policy, valid in Latvia and covering necessary risks.
- When renewing the residence permit, a certificate from a Latvian medical institution confirming the absence of active tuberculosis may be required.
- The card is issued for 5 years and requires annual registration 30–90 days before expiration.
List of required documents
Completed application form.
Passport-sized photographs (3x4 cm).
Passport scan(s).
National ID card scan.
Marriage certificate (if applicable).
Proof of income source.
Tax declaration, employment contract, or bank statement with cover letter
Proof of sufficient financial means.
Minimum €750 per month for main applicant and €150 for each minor family member
Proof of payment of state fee.
Proof of completed investments.
Medical insurance policy.
Certificate of no criminal record.
Proof of investments — extract from Latvian Enterprise Register.
Medical certificate.
(Issued by a Latvian health institution, confirming the main applicant does not suffer from active tuberculosis.)
Resume (CV).
Why invest in Latvian real estate?
Growing market
Stable sector with increasing demand
Rental income
High returns — especially in popular locations
Affordable prices
Compared to other capitals, Riga offers favorable conditions
Flexible use
You can live there, rent it out, or use it as a summer house
Tax transparency
Only standard property taxes apply
Path to permanent residence and citizenship
- After 5 years, you can apply for permanent residence if you keep your property.
- After 10 years, you can apply for Latvian citizenship with full EU rights.
- Citizenship grants visa-free access to over 180 countries worldwide.
Who is this program for?
For families seeking a better future and European education/healthcare
For entrepreneurs worldwide wanting a reliable base in the EU with access to the Schengen area
For real estate investors seeking a stable asset in Europe
For frequent travelers seeking free movement across Europe
Contact us
Contact us if you want to learn more
about residence permits through investment
Contact information
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+371 671 529 03
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info@latviangoldenvisa.com
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13 Šķūņu iela Riga, Latvia-LV-1050
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Mon – Fri: 8:00 am to 6:00 pm
Sat - Sun: Closed