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At a glance

Quick facts

Minimum investment €250,000; Typical timeline 4 months; 3 highlights

Minimum investment
€250,000
Currency: EUR
Typical timeline
From application start
Highlights
  • latvia
  • real estate
  • latvia residency by investment
~10 sec

Quick eligibility check

Answer 4 short questions. No data is sent to our servers.

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1Question 1 of 4 — Are you a non-EU (third-country) national?
2Question 2 of 4 — Are you at least 18 years old?
3Question 3 of 4 — Can you provide documented proof of funds ≥ €250,000?
4Question 4 of 4 — Do you have a clean criminal record?

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Program overview

The Latvia Real Estate Investment route grants non-EU investors a temporary residence permit in exchange for purchasing qualifying property in Latvia. It offers Schengen mobility, family inclusion, and a clear progression toward permanent residency and citizenship once statutory residence and integration conditions are met.

Costs & proof of funds

Costs & funds

Program fees & proof of funds

Fees listed: 1 line items. Estimated totals: €250,000 (EUR). Proof of funds items: 1.

Estimated program totals
EUR: €250,000
Required proof of funds
EUR: €250,000

Detailed fee table

Program fee breakdown with price, timing and notes.
ItemPriceWhenNotes
Minimum Property Purchase€250,000Before/at purchase

Purchase of qualifying real estate in Latvia.

Swipe horizontally to see all columns.

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

Proof of funds

  • Proof of Funds (liquid)€250,000

    Sufficient liquid funds to complete property purchase and related costs.

Required (EUR): €250,000

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

Eligibility

  • Applicant ≥ 18 years old.
  • Clean criminal record is mandatory.
  • Applicant must be a third-country national (non-EU).
  • Investment must be in qualifying Latvian real estate as defined by OCMA/regulations.
  • Maintain the property and hold for the period required by local rules (commonly 5 years).
  • Satisfactory source-of-funds and AML documentation.

Key benefits

  • Residency via €250,000 minimum real estate investment.
  • Renewable temporary residence permit with Schengen mobility.
  • Clear pathway to permanent residency (after meeting residence requirements) and citizenship after 10 years of legal residence.
  • Family inclusion: legally married spouse and dependent children under 18.
  • Tangible asset ownership in Latvia — potential long-term value.

Application process

Process

How it works

  1. Step 1: Identify qualifying property

    Select a property that meets OCMA criteria and perform preliminary AML and legal due diligence.

    GuidedAvg. 2–4 weeks

  2. Step 2: Secure purchase & arrange funds

    Sign a sale/purchase agreement, verify property valuations, and ensure proper funding.

    GuidedAvg. 2–4 weeks

  3. Step 3: Prepare documents

    Compile identity, financial, and property documents; translate and notarize as required.

    GuidedAvg. 2–4 weeks

  4. Step 4: Submit application

    File your residence permit application with OCMA or a Latvian embassy; pay applicable fees.

    GuidedAvg. 2–4 weeks

  5. Step 5: Biometrics & visa

    Attend biometric procedures and obtain a D-type entry visa if applicable.

    GuidedAvg. 2–4 weeks

  6. Step 6: Transfer & register property

    Finalize the property transfer, register the title, and receive your temporary residence permit and card.

    GuidedAvg. 2–4 weeks

  7. Step 7: Maintain & renew

    Hold the qualifying property, meet minimal presence requirements, and comply with renewal rules; progress toward PR and citizenship.

    GuidedAvg. 2–4 weeks

Comparison

Investment OptionReal Estate InvestmentBusiness InvestmentSpecial Purpose BondsBank Deposit
Min Investment€250,000€50,000€250,000€280,000
Fees (€)€38,000€10,000€38,000€25,000
Holding Period5 years5 years5 years5 years
Family InclusionSpouse + under 18Spouse + under 18Spouse + under 18Spouse + under18
Citizenship~10 years~10 years~10 years~10 years

Who this program is NOT for

  • Property purchase using proceeds from illicit activities.
  • Incomplete, falsified, or unverifiable financial documentation.
  • Serious criminal convictions or adverse immigration history.

Not a match? Explore other programs in Latvia.

Frequently asked questions

The minimum qualifying property investment is €250,000.

Yes, subject to local laws and tax obligations. Ensure rental activity doesn’t breach permit or holding requirements.

PR is available after meeting residence requirements; citizenship is typically after 10 years of continuous legal residence with language/integration tests.

Expect transaction, registration, tax, notary and professional fees. Use the cost estimator to capture these items.

No full-time residence needed to keep the permit, but minimal presence (often one visit per year) and holding requirements apply.
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