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Residency in Latvia

Latvia Residency by Investment – Golden Visa Program

About Latvia

Overview

About Latvia

The Latvia Residency by Investment (“Golden Visa”) program enables non-EU nationals to obtain a renewable temporary residence permit through qualifying investments in Latvia. The scheme offers a cost-efficient pathway to European residency with free movement inside the Schengen Area, a route to permanent residency after holding temporary permits, and potential citizenship after 10 years of continuous legal residence.

Capital:RigaLanguage:Latvian (official); Russian widely spokenCurrency:Euro (EUR)
Population
≈ 1.86 million
Capital
Riga
Language
Latvian (official); Russian widely spoken
Currency
Euro (EUR)
Time zone
EET (UTC+02:00) / EEST (UTC+03:00 DST)
Climate
Temperate seasonal

Why Latvia

Key Points

Why Latvia?

  • Renewable 5-year residence permit (issued as a temporary permit and renewable).

  • Path to permanent residency after meeting residence requirements (typically after 5 years).

  • Potential eligibility for Latvian citizenship after ~10 years (language/civics apply).

  • Minimal physical attendance required: one visit per year to preserve the permit.

  • Schengen access—free movement within the Schengen Area while the permit is valid.

Process

How it works

  1. Step 1: Step 1

    Select the investment route and prepare supporting documentation (proof of funds, translations, notarisation where required).

  2. Step 2: Step 2

    Undergo due-diligence and eligibility checks (including source-of-funds).

  3. Step 3: Step 3

    Submit the application to the Office of Citizenship and Migration Affairs (OCMA) in Latvia or via a Latvian embassy/consulate.

  4. Step 4: Step 4

    Complete biometrics and, if applicable, obtain a D-type entry visa to finalise registration.

  5. Step 5: Step 5

    Receive the temporary residence permit (commonly 1 year initially and then renewed, or issued for up to 5 years depending on route).

  6. Step 6: Step 6

    Maintain the investment and renew as required; meet presence rules to progress to permanent residency and later citizenship.

Eligibility — Requirements

Eligibility

Requirements

5 items

The following list outlines the core eligibility requirements for this program.

  • Applicant must be at least 18 years old and hold a clean criminal record.

  • Applicant must be a third-country national.

  • Only legally married spouses may be included; dependent children under 18 may be included.

  • Satisfy the specific investment criteria for the chosen route and pass source-of-fund checks.

  • Provide required documents with proper legalisation/translation and pay government fees.

Frequently asked questions

Question 1

Four: Business Investment, Real Estate Investment, Special Purpose (government) Bonds, and a fixed-term Bank Deposit.

Question 2

The entry level is €50,000 under the qualifying business investment route; other routes have higher thresholds.

Question 3

Minimal—visit Latvia at least once per year to keep the temporary permit. Longer residence is needed for permanent residency and citizenship.

Question 4

Typically 1–4 months depending on the route and document readiness.

Question 5

Permanent residency is generally available after about 5 years of qualifying residence; citizenship after ~10 years subject to language and civics.

Why Choose XIPHIAS Immigration?

  • End-to-end file preparation and submission support
  • Due-diligence first approach (KYC/AML, source-of-funds)
  • Route comparison to optimise cost, speed, and compliance
  • Family handling (dependents, renewals, PR/Citizenship pathway)
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