Latvia Golden Visa

Dreaming of a life in Europe? The Latvia Residency by Investment Program offers a direct path to live legally in Europe. This program, often called the golden visa Latvia, helps you get residency in a stable European nation.

Requirements For Latvia Residence Permit

Getting your Latvia residency through investment is a clear process. You pick an investment and follow some rules.

To get a Latvia Golden Visa, you must:

  • Not be a citizen of the EU, EEA, or Switzerland.
  • Have no criminal record.
  • Make an approved investment.
  • Show you have enough funds and proof of funds.
  • Have valid health insurance.

    No set monthly income requirement applies, but you must show you can support yourself and your family.

Investment Options & Benefits

You have a few choices for investing:

  • Business Investment: Invest €50,000 in a Latvian company. This company should have fewer than 50 workers and make less than €10 million each year. It also needs to pay at least €40,000 in taxes each year. There’s also a €10,000 government fee.
  • Bank Deposit: Place €280,000 in a Latvian bank account for five years. A €25,000 government fee also applies.
  • Real Estate or Government Bonds: Buy government bonds worth €250,000. You must hold these for five years. There’s also a €38,000 government fee.

There is no set monthly income you need to prove. But you must show you have enough money to support yourself and your family. You must keep your investment for at least five years to keep your residency. Adding family members costs extra. These costs change based on the investment and how many family members you add. Usually, government and processing fees apply for each person. Below are the benefits you can enjoy:

  • Easy Travel: Go anywhere in the Schengen Area without a visa. This covers 29 European countries.
  • Family Can Join: You can add your husband or wife and your children who depend on you to your application. This works well for families.
  • Steps to Citizenship: This program can lead to a permanent stay and even Latvian citizenship later on.

The Application Process - Company Investor Permit

Our legal fee is € 15,000/-. Getting a Latvia Golden Visa follows these steps:

  • Gather Papers: After getting half fee deposit we collect all the needed documents.
  • Invest: Make your chosen investment with shortlisted company.
  • Apply: We submit your application to the authorised offices. We get you permit approval at this stage and then you apply for visa appointment at nearest embassy of Latvia. You pay remaining half fee at this stage.
  • Fingerprints: You need to go to Latvia within three months of approval for the biometric registration and get your entry visa.
  • Get Permit: Once approved, you receive a temporary residence permit.

This process usually takes 3 to 6 months.

Duration of the Visa

The Latvia golden visa gives you a temporary residence permit good for five years. You can renew it if you still meet the rules. To keep your permit, you should visit Latvia at least once a year.

PR and Citizenship

The Latvia golden visa program first gives you a temporary residence permit. After holding this permit for five years, you can apply for permanent residency. After living legally for ten years, you can apply for Latvian citizenship.

Why choose us?

With dozens of success stories, VIP Nomads is your reliable partner for moving to a new country. We make the process easier for you. Our goal is a smooth and successful application. Pick VIP Nomads for assistance on your path to becoming a resident of Latvia.

Start Your Latvia Golden Visa by Company Investment Today

A powerful future in Europe can begin with a single decision. Whether for lifestyle, business, family, or freedom of movement, Latvia can be your gateway. We provide reliable, professional, and smooth guidance throughout your Latvian residency journey. 

Contact VIP Nomads today; your European residency is one step away.

Frequently Asked Questions

What investment options qualify for Latvia residency by investment?
Real estate purchase
Bank deposits
Business investment
Each option has specific thresholds set by the government.
Does Latvia residency by investment lead to permanent residency?
Yes. After several years of maintaining your residency and meeting requirements, you may qualify for permanent residency.
Can Latvia residency by investment lead to citizenship?
Yes. After maintaining legal residency for a number of years and meeting language and other conditions, you may be able to apply for Latvian citizenship through naturalization.
Is there a language or interview requirement?
Yes. For citizenship by naturalization later, you must meet Latvian language and integration requirements, but not for initial investor residency.