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XIPHIAS Immigration

Latvia Residency by Investment – Golden Visa Program

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

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

  2. Step 2

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

  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

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

  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

    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

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

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

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

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

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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