February 3, 2026

Residency by investment

Latvia Residency

The Residence by Investment Program in Latvia was launched on July 1, 2010, and has quickly become the most reliable and attractive way to acquire residence in Europe. Essentially, this scheme allows applicants to invest in EU residency, access the Schengen Area, and enjoy a very congenial environment for living and doing business. Investments in Latvia are, basically, real estate and business share capital. Applications by applicants may include their spouses and children below 18 years of age.

MIGRATE NOW

Other Benefits

Visa-free travel across the entire Schengen Area.
Eligibility to reside, work, and pursue education in Latvia.
5-year renewable residence permit.
Include spouse and children under 18 in your application.
No minimum stay is required to maintain temporary residency — just one visit per year.
Strategic transport and trade connectivity with both Russia and EU member states.
Fast-track application procedure.
Eligible to apply for Permanent Residency after 5 years

(must reside in Latvia for at least 183 days per year for 4 out of 5 years), and demonstrate basic proficiency in the Latvian language, as well as a general understanding of the country’s history and national anthem.

Process Timeline

Step 1:

Initial Consultation

Step 2:

Documentation Collection

Step 3:

Application Submission

Step 4:

Application Review

Step 5:

Biometrics & Investment

Step 6:

Residence Permit Issuance

Cost

To qualify, the main applicant must be at least 18 years old, have a clean criminal record, and the following requirements must be met:

Latvia Residency by Business Investment

One of the most accessible pathways to obtain a residence permit in Latvia is through business investment. Under the Latvia residency by business investment route, you can qualify by:

LATVIA RESIDENCY PROGRAM DETAILS

Share Capital in a Latvian Company: Invest €50,000 in a Latvian company (the company must pay at least €40,000 in annual taxes).
Pay a one-time €10,000 state fee.
Real Estate Investment Route: Purchase property with a minimum value of €250,000.
Pay a 5% state fee based on the property’s purchase price.

*Additional government processing and due diligence fees may apply.

About Latvia

Discover More

Latvia is one of the countries counted among the historic and scenic coastal states of the Baltic Sea in the Schengen Area. Its capital, Riga, founded in 1201, is a UNESCO World Heritage Site, a city of splendor with amazing architecture and cultural heritage. Latvia, with a population of about 1.79 million, offers an azure, quiet life embraced by large forests; hence about half of the territory is forested, festooned with national parks and hiking trails. While Latvian is the official language, a large part of the population speaks Russian, thus rendering the country a diverse land. Latvia connects well on the transport level with Western Europe and Russia, while on the cultural level, there is a historical connection interlinking it. It is often, and rightfully described as a lively center where tradition and modernity meet. Economically, Latvia is a small yet flexible member of the European Union and the euro area, with prominent sectors in logistics, timber, manufacturing, and IT. Latvia continues to invest in infrastructure and innovation to strengthen its position as a regional hub and ensure long-term competitiveness.

Capital: Riga

Total Area: 64,590 km²

Population: 1,786,955 (2025 estimate)

Languages: Latvian (official), Russian widely spoken

Currency: Euro (EUR)

Exchange Rate: 1 USD ≈ 0.92 EUR (approx.)

GDP – Per Capita (2016): USD 22,000

GDP – Total (2016): USD 40 Billion

Why choose us ?

We are offering bespoke solutions in citizenship and residency by investment. We have a strong presence across key global markets including Europe, Turkey, the Caribbean, the Middle East, Russia, CIS countries, North Africa, and Asia. UNO Capital is the preferred partner for high-net-worth individuals and business leaders aiming to enhance their global mobility and secure long-term financial advantages.

With more than 25 years of combined experience, the team of legal and investment advisors from UNO Capital stands for supreme industry knowledge and a proven track record. The extraordinary standards of UNO Capital are reflected in its successful record, having served 1,500-plus clients in the realization of their residency or citizenship objectives. We provides access to more than 15 specialized programs, each designed to offer clients an opportunity to select suited to their unique requirements and aspirations. Choose UNO Capital for a smooth, discreet, and expert process of global citizenship and residency planning.