Latvia Permanent Residency Program

Discover Latvia: A Gem in Northern Europe

Latvia, nestled in Northern Europe along the Baltic Sea, offers a unique blend of natural beauty, historic architecture, and modern cities. Known for its lush landscapes, medieval towns, and vibrant cultural scene, Latvia is a member of the European Union and Schengen Zone. With a high standard of living, political stability, and a welcoming environment for investors, Latvia is an attractive destination for individuals and families seeking a European lifestyle.

The Latvia Permanent Residency Program: Your European Opportunity

The Latvia Permanent Residency Program offers non-EU nationals a straightforward path to European residency, allowing them to live in Latvia indefinitely. This program is ideal for those who seek residency in the EU and visa-free travel within the Schengen Zone, without needing to reside in Latvia full-time. Latvia’s residency program provides a convenient gateway to Europe for you and your family.

Investment Options for Latvia Permanent Residency

To qualify for Latvia’s Permanent Residency Program, applicants must choose one of several investment options:

Real Estate Investment

Purchase real estate in Latvia worth a minimum of €250,000 plus a government fee of 5% of the property value.

Business Investment

Invest a minimum of €50,000 in a Latvian company, creating or preserving jobs. For businesses with larger revenue, the investment requirement increases.

Financial Investment in Latvian Bonds

Purchase government bonds or make a financial investment in Latvia worth €250,000, along with a one-time government fee of €38,000.

Steps to Obtain Latvian Residency

Choose an Investment Option

Decide on the investment route that best suits your needs, whether real estate, business, or financial investment.

Submit Your Application

Prepare your application, including necessary documentation and fees, and submit it through an authorized channel.

Complete Due Diligence Checks

Latvia’s immigration authority conducts background checks to verify eligibility and compliance with program requirements.

Finalize the Investment

Complete your chosen investment option as required by the program.

Receive Your Residency Permit

Upon successful review and fulfillment of investment requirements, you and eligible family members will receive Latvian residency permits.

Benefits of Latvia Permanent Residency

Residency in a Schengen Zone Country

Live and work in Latvia, with easy access to other Schengen Zone countries.

Family Residency

Your spouse and dependent children can also obtain residency, enabling your whole family to enjoy life in Latvia.

Visa-Free Schengen Travel

Enjoy visa-free travel across the Schengen Zone for up to 90 days within a 180-day period.

High Quality of Life

Latvia offers a safe, friendly environment with excellent healthcare, top-tier education, and a relaxed lifestyle.

Favorable Business Environment

With growing business opportunities, Latvia is a great base for those seeking to expand or establish businesses in Europe.

Countries Accessible with Latvian Residency

Latvia’s residency allows you to travel visa-free to 26 Schengen Zone countries, including popular destinations like Germany, France, Spain, Italy, and Switzerland, for up to 90 days within any 180-day period. With Latvian residency, you gain seamless access to Europe’s most sought-after destinations.