Latvia: Gateway to Europe and the Baltics
Situated in Eastern Europe between Russia, Estonia, and Lithuania, Latvia invites visitors to enjoy its stunning natural landscapes and rich culture.
The capital, Riga, is a UNESCO World Heritage Site, and is filled with historic architecture, offering the ideal dive into the history and culture of the country. As part of the European Union and the Schengen Zone, Latvia is perfect for business and leisure travel.
Why Latvia?
Located in Eastern Europe, Latvia invites foreign nationals to enjoy all its splendor, with stunning natural landscapes, a safe and welcoming environment, and a lower cost of living. Latvia boasts a thriving expat community, with a range of enticing investment opportunities available.
Additionally, as a member of the European Union, Latvia offers access to the Schengen Area, making travel and business significantly more accessible. This, along with the thriving education system and accessible healthcare, make Latvia a top choice for potential investors looking to establish themselves in Europe.
Latvia Golden Visa
The Latvia Golden Visa is a residency by investment program offering foreign nationals’ Latvian residency if they meet the requirements. The program offers a range of investment options, with property, bank deposits, government bonds, and business investment available, making it highly accessible.
Latvia Investment Options
Invest a minimum of €250,000 in property with a cadastral value of at least €80,000. Additional government fee: 5% of the property value.
Deposit a minimum of €280,000 in a Latvian bank for at least five years. Additional government fee: €25,000.
Invest €50,000 in a capital company with fewer than 50 employees and an annual budget under €10 million.
Invest €100,000 in a larger company with more than 50 employees and an annual budget of over 10 million. Additional government fee: €10,000.
Purchase government bonds for a minimum of €250,000 which can be withdrawn after 5 years. Additional government fee: €38,000.
Citizenship by Investment Visa Program Timeline
Latvia’s residency process begins with due diligence, investment, and document submission, followed by a temporary D-Visa and residence permit valid for five years. The permit must be renewed annually, with eligibility for permanent residency after 5 years and citizenship after 10 years.
It’s important to know whether you qualify for the program before applying.
Selecting the right investment option is essential to ensure you make the best choice for your needs.
Ensure you have all the required documents in order, including proof of funds, tax compliance, medical certificate, sufficient insurance, and a criminal record check.
You can submit your completed application to the Office of Citizenship and Migration Affairs in Latvia.
Upon submission, you will receive a temporary D-Visa to enter Latvia and complete the residency process.
Attend a biometrics appointment (fingerprints and photos).
Once your application is approved, you will receive a temporary residence permit valid for five years.
You must re-register annually in Latvia for the first five years, demonstrating the initial investment has been maintained.
After five years of holding a temporary residence permit, you can apply for permanent residency.
After ten years of residency, you may apply for Latvian citizenship, provided you meet language and cultural knowledge requirements.
Why us?
Global Citizen Solutions specializes in helping individuals and families achieve global mobility. We offer tailored citizenship, residency, and relocation visa assistance in a transparent and secure way.
Our broad range of expertise makes us the ideal partner for all your global mobility needs, whether you are looking at a “Plan B”, moving full time, or part time. As a trusted migration partner, we are with you from start to finish, with personalized services, tailored to perfection.
We’ll Help You Navigate
The application process for residency can be completed in as little as two to three months, making it a quick route to European residency.
Yes, family members can be included in the application, including spouses, children, dependent parents, and grandparents.
A minimum investment of €50,000 in a capital company with fewer than 50 employees and an annual budget under €10 million is required to qualify for the program.
No, there is no direct citizenship by investment program. However, the Latvia Golden Visa provides a pathway to obtain Latvian citizenship after ten years.
Let's Talk About Your Next Move
Whether you’re seeking second citizenship or residency, planning a relocation, or building a cross-border mobility strategy, we’ll help you take the next step.