Latvia Residency by Investment - Business Investment Route

Q: What is the minimum investment for the business route?

The minimum equity investment is €50,000.

Q: Who can be included in my application?

Legally married spouse and dependent children under 18 may be included.

Q: How long does processing take?

Typical processing is 1–4 months, depending on dossier completeness.

Q: Do I need to live in Latvia full-time?

No — the permit can be preserved with one visit per year, but longer residence is required for PR and citizenship.

Q: Are there strict source-of-funds checks?

Yes. Full due diligence and documentary proof of legitimate funds are mandatory.

Secure Latvian residency by investing in or establishing a business in Latvia.

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At a glance

Quick facts

Minimum investment: €50,000; Currency: EUR

Typical timeline: 4 months; From application start

Highlights

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latvia golden visa
eu investor visa

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Quick eligibility check

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1Are you a non-EU (third-country) national?

Yes

2Are you at least 18 years old?

Yes

3Can you provide documented proof of funds ≥ €50,000?

Yes

4Do you have a clean criminal record?

Yes

Select answers above to get an instant indication and tailored next steps.

Program overview

The Latvia Business Investment route lets non-EU investors obtain a temporary residence permit by making an equity investment in a Latvian company — a cost-efficient entry into EU/Schengen residency with family inclusion and a path to permanent residency and citizenship with continued legal residence.

Investment overview

Route: Business Investment (equity)
Minimum investment: €50,000
Company criteria: Typically < 50 employees, turnover < €10,000,000, and local tax contribution (benchmark ≥ €40,000/year)
Holding: Maintain the investment per OCMA rules to qualify for renewals and progression

Costs & proof of funds

Costs & funds

Program fees & proof of funds

Estimated program totals

EUR: €60,000

Required proof of funds

EUR: €50,000

Detailed fee table

Program fee breakdown with price, timing and notes.
Item	Price	When	Notes
Minimum Equity Investment	€50,000	Before application submission	Equity investment in a Latvian company (entry-level business route).
Government processing & registration fees	€10,000	On application/approval	Estimated total for state fees, processing, and registration.

Swipe horizontally to see all columns.

We’ll share a personalized cost sheet after your pre-screen.

Proof of funds

Proof of Funds (liquid)€50,000
Available liquid funds equal to or exceeding the investment and related costs.

Required (EUR): €50,000

Figures are indicative and may change with family size, project selection and program updates.

Eligibility

Applicant ≥ 18 years old.
Clean criminal record required.
Third-country national (non-EU) status required.
Legally married spouse may be included; dependent children under 18 may be included.
Investment must meet company criteria: < 50 employees, annual turnover < €10,000,000, and demonstrable tax contribution (≥ €40,000/year).
Satisfactory source-of-funds documentation and due diligence.

Key benefits

Entry-level business route from €50,000 equity investment.
Renewable temporary residence permit — 5-year pathway to permanent residency and 10-year route to citizenship.
Minimal physical presence required: one visit per year to preserve permit.
Freedom of movement within the Schengen Area while permit is valid.
Family inclusion: spouse and dependent children under 18.

Application process

Process

How it works

7 steps

Step 1: Select strategy & prepare corporate docs
Choose business investment target and prepare company documents.
GuidedAvg. 2–4 weeks
Step 2: Compile personal & financial documents
Translate/notarise identity, financial and compliance papers as required.
GuidedAvg. 2–4 weeks
Step 3: Pre-screening & due diligence
Submit preliminary file for AML and source-of-funds verification.
GuidedAvg. 2–4 weeks
Step 4: File with OCMA / mission abroad
Submit residence application and pay government fees.
GuidedAvg. 2–4 weeks
Step 5: Biometrics & D-type visa
Attend biometrics; obtain entry visa if applicable.
GuidedAvg. 2–4 weeks
Step 6: Registration & residence card
Register in Latvia, receive temporary residence permit, maintain investment.
GuidedAvg. 2–4 weeks
Step 7: Renewals & progression
Sustain qualifying investment; later apply for PR and citizenship when eligible.
GuidedAvg. 2–4 weeks

Comparison

Feature / Route	Business Investment	Real Estate Investment	Special Purpose Government Bonds	Bank Deposit
Minimum Investment	€50,000	€250,000	€250,000	€280,000
Government & Processing Fees	€10,000	€38,000	€38,000	€25,000
Holding Period / Retention	5 years	5 years	5 years	5 years
Family Inclusion	Spouse + children under 18	Spouse + children under 18	Spouse + children under 18	Spouse + children under 18
Path to Citizenship	~10 years	~10 years	~10 years	~10 years
Physical Presence Requirement	1 visit/year	1 visit/year	1 visit/year	1 visit/year
Schengen Mobility	Full access	Full access	Full access	Full access