Global Residency and Citizenship by Investment Report: Latvia (RBI)

Global Residency and Citizenship by Investment Report: Latvia (RBI)

Rankings

Overall ranking: 20th  (score: 82.94)

  • Procedure: 14th
  • Mobility: 15th
  • Tax Optimization: 6th
  • Quality of Life: 19th
  • Investment: 22nd

Country Information

Legal Provision 

Region 

Europe

Minimum investment threshold 

€60,000

Year of inception 

2010

Visa-free countries 

169

Investment options 

Investment options include either investing in the equity capital of a Latvian company and making a one-time payment to the state budget or acquiring real estate property in Latvia and paying a state fee.

Physical presence requirements 

No mandatory residency requirements

Family member inclusion 

The main applicant can include their spouse and minor children in the application

Dual citizenship allowed 

Restricted

Path to citizenship  

Eligibility to apply for citizenship after 10 years of continuous residence

Average processing time  

1-3 months