OpenLatvia

Latvia Residence Permit by Investment: Cost, Requirements & Processing Time (2026)

The short version

Latvia Residence Permit by Investment requires a minimum investment of €60,000 (company shares / equity route), with residency in ~2–3 months and a path to citizenship in 10 years.

Investment routes compared

Route type	Amount (EUR)	Notes	Primary?
Company shares / equity	€60,000	€50K equity in Latvian company + €10K one-time state payment. Company must pay ≥€40K/year in taxes.	Most common
Real estate	€262,500€250,000 + 5% state fee	Real estate purchase + 5% state fee.
Bank deposit	€280,000	Subordinated bank deposit with Latvian bank.
Government bonds	€250,000	Latvian government bonds.

At a glance

€60,000 minimum qualifying investment
~2–3 months expected end-to-end processing
10 years of residence citizenship timeline
Schengen access travel rights
No minimum stay physical-presence requirement

Physical presence: No minimum stay; visit yearly for renewal.

Official program source · Source: Office of Citizenship and Migration Affairs (PMLP) · Last verified Apr 15, 2026 · Verify current rules with an authorized immigration adviser or the destination's consulate before applying.

Next review 2026-07-15.

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Frequently asked questions

What is the minimum investment for the Latvia Residence Permit by Investment?

The minimum qualifying investment is €60,000. €50K equity in Latvian company paying ≥€40K/year in taxes + €10K state fee = €60K total. Qualifying routes: Company shares / equity (€60,000); Real estate (€262,500); Bank deposit (€280,000); Government bonds (€250,000) Most applicants use the Company shares / equity route (€60,000).

How long does the Latvia Residence Permit by Investment take to process?

Expected end-to-end processing is ~2–3 months. Fast processing. Visit Latvia annually for renewal.

Can I get citizenship through the Latvia Residence Permit by Investment, and when?

Citizenship is available after 10 years of legal residence. Latvian citizenship requires 10 years continuous residence, Latvian language (B-level), citizenship test. It can lead to EU citizenship.

What is the physical-presence requirement for the Latvia Residence Permit by Investment?

No minimum stay; visit yearly for renewal.

Are my spouse and children included in the Latvia Residence Permit by Investment?

Spouse, minor children, adult children in education can be included.

Does the Latvia Residence Permit by Investment grant Schengen access?

Yes. Latvia Residence Permit by Investment grants Schengen-area travel access.

Is the Latvia Residence Permit by Investment currently open to new applicants?

The programme is currently open.

Who regulates the Latvia Residence Permit by Investment?

Latvia Residence Permit by Investment is administered by Office of Citizenship and Migration Affairs (PMLP). The canonical source is https://www.pmlp.gov.lv/en. Facts last verified 2026-04-15; next review 2026-07-15.