Why Latvia

Obtaining a residence permit in Latvia through investment is a fast, safe, and effective path to European residency. Whether expanding business, global mobility, or benefits of European lifestyle — Latvia offers one of the most attractive residency-by-investment programs in Europe. Below are key reasons why obtaining residence in Latvia is a smart decision.

Affordable entry threshold

Investment requirements are lower than in most EU countries.

Simplified residence permit procedure

Minimal bureaucracy and clear steps to obtain residence permit.

Possibility to extend and obtain permanent residence

Ability to extend residence and apply for permanent residence and EU passport.

Access to Schengen

Visa-free regime in 29 European countries.

Developed infrastructure and convenient location

Latvia is a key logistics and business center in Northern Europe.

Visa-free access to Schengen

Residence permit in Latvia grants unlimited access to all 29 Schengen countries including Germany, France, Italy, Spain, and the Netherlands. This allows you to:

  • Travel freely across Europe for business or tourism
  • Stay in any Schengen country up to 90 days within 180 days
  • Avoid lengthy visa procedures and border restrictions

Affordable and flexible investment options

Minimal bureaucracy and clear conditions make residence permit in Latvia a simple process. Compared to other EU programs, Latvia offers one of the most favorable options:

  • Investment in business — from 50,000 euros + state fee (10,000 euros)
  • Investment in real estate — from 250,000 euros
  • Government bonds and bank deposits — alternative reliable investments

Fast and optimized process

Latvia’s investment residency program is one of the fastest in Europe:

  • Transparent processing time — from 30 to 90 days only
  • Minimal requirements to keep resident status — only one visit per year required
  • No mandatory language or integration tests for temporary resident status

Residence permit for the whole family

Latvia’s residence permit program extends to family members:

  • Right to live, study, and work in Latvia and other EU countries
  • Access to high-quality healthcare and education
  • European standard of living, high safety and stability
  • Residence permit granted to main applicant (investor), spouse, and children under 18 (or older if dependent)

Safe and stable European country

Latvia is a secure and politically stable EU nation with:

  • A strong economy and steady growth
  • Low crime rates and high quality of life
  • A stable real estate market with attractive opportunities
  • Transparent legal and banking systems in compliance with EU standards

High quality of life at affordable prices

Latvia offers a high standard of living at lower costs compared to other EU countries:

  • Modern infrastructure — reliable transport, high-speed internet, and efficient services
  • Quality healthcare — both private and public clinics
  • Low cost of living — housing, education, and everyday expenses are more affordable than in Western Europe
  • Rich cultural life — history, art, nature, beaches, forests, and lakes

Strategic location in Europe

Latvia is located at the crossroads of Western Europe, Scandinavia, and the CIS, making it an ideal center for business and travel:

  • Direct flights to more than 100 European cities via Riga airport
  • Developed logistics and transport infrastructure for international trade
  • Membership in the EU, Schengen area, and Eurozone — guarantees economic and financial stability

Path to permanent residence and citizenship

Residence permit in Latvia is the first step toward EU citizenship. The process:

  • After 5 years, you can apply for permanent residence.
  • After 10 years — citizenship of Latvia (and the EU).
  • Citizenship grants all rights in the EU, including visa-free entry to more than 180 countries.

Why
Choose
Us

Local
Experts

We are located in Latvia and have expert knowledge of immigration and investment law.

14+ Years of Experience

We help investors quickly and safely obtain residence permits

Personalized Approach

We tailor solutions to meet your goals.

End-to-End Support

We support you at every step: from structuring investments to submitting and renewing documents.

Transparent Process

We ensure a comfortable and clear process of obtaining residence permits.

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about residence permits through investment

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