Why it is beneficial for Indian citizens to invest in Latvia: visa-free access to Schengen

Introduction

For many Indian citizens, gaining access to the Schengen area remains a challenge: lengthy visa processes, lack of multiple-entry visas, frequent refusals. The Latvian residence-by-investment program offers a solution that combines stable legal status, a low entry threshold, and visa-free travel across most EU countries.

For entrepreneurs, investors, IT company owners, and families with an international lifestyle, this is not just an alternative to visas but an investment in personal freedom and mobility.

Visa-free travel in 29 European countries

A residence permit issued in Latvia allows free movement within the Schengen area for up to 90 days in every 180-day period. This means:

• no more need to apply for tourist or business visas for each country;
• you can visit France, Germany, Spain, Italy, Switzerland, and other countries without restrictions;
• traveling across Europe becomes as easy as traveling within India — with just one residence permit card.

Access to the EU for business and investment

Many Indian businessmen see the EU as an important market for expansion:

• participation in exhibitions and conferences;
• meetings with partners;
• launching companies and acquiring assets.

But without residency status, all these activities are complicated by visa barriers. The Latvian residence permit opens a direct door to European opportunities without requiring you to become a tax resident.

A more affordable alternative than other EU countries

Compare for yourself:

• Latvia — from €50,000 in share capital + €10,000 state fee;
• Greece — from €250,000 in real estate;
• Portugal — from €500,000;
• Malta — from €600,000 (contribution to state fund + real estate purchase).

For Indian investors, especially beginners or young entrepreneurs, the Latvian program is a smart entry into Europe without locking up large capital.