Latvia Offers Europe’s Low Cost Golden Visa at Just €95,000 all inclusive to foreign investors, who are given 5 year residence permit to live and work in Latvia.
Latvia Golden Visa
The Latvia’s golden visa program launched in 2010 to recover from economic depression in Latvia. Latvia is a EU member state and participates in schengen area. Latvia adopted euro as official currency.
The Latvia Residency by Investment (Golden visa) program is one of the most straightforward and affordable ways to obtain long-term European Union residency for you and your family. Latvia offers golden visa (residence) to foreign investors who invest in the Latvian economy. The Goal behind this scheme was to attract foreign investors in order to facilitate Latvia’s economic recovery and growth by activating the real estate market and creating new jobs. Family members also qualify for temporary residence permits in Latvia.
Latvia has been a member of the European Union since 2004 and adopted EURO in 2014, actively participating and benefiting from EU funding, single market access, and security cooperation.
Benefits
- Lowest minimum investment for families.
- Very fast processing time: approx. 2–4 months (depending on nationality)
- No minimum residence requirement.
- Visa Free Access to Schengen Area (90/180 days).
- Instant 5 year residence permit (Work permit included).
- Free schooling for children
- Low property prices in Europe. Great opportunity to invest in Latvia real estate market for high appreciation and rental yields
- Family members eligible at no extra cost.
- PR granted after 5 years of living.
- Latvian citizenship after 5 years of PR status.
Minimum Investment.
- Company Shares – EUR 95,000 (All inclusive). Shares can be transferred to 3rd party after receiving PR.
- Real Estate – EUR 250,000 plus fees (5 years with rental gains)
- Bank Deposit – EUR 280,000 plus fees (5 years. Interest paid)
- Government Bonds – EUR 250,000 plus fees (5 years interest free)
The investment can be exited after 5 years while PR is permanent.
Families
Residency covers the investor, spouse, and children under 18 years old, each receiving biometric ID cards allowing free Schengen travel. It is an ideal solution for families seeking freedom of movement, a secure backup plan, and future relocation flexibility — all within a reasonable investment level.
PMLP Office
The PMLP migration directorate is the only State authority competent to decide on granting residence permits and visas. Latvian diplomatic and consular missions in other countries support the PMLP
Please contact us for more information.
