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Second ResidencyInvestment Immigration

Latvia Investment Residency Program

Compare Latvian employment, startup, study, family and eligible investment residence under current law.

Latvia's new Immigration Law from 15 September 2026 no longer provides temporary residence for property purchase or investment in bank subordinated liabilities. Assess employment, startups, study, family and other current legal bases separately; old programme material is not evidence that new applications remain open.

Processing Time

Assessed by category and complete documentation

Min Investment

50,000 EUR (Corporate Shares)

Residency Req

Depends on the permit and current renewal rules

Passport Rank

9th Globally

Corporate Tax

20% Corporate Income Tax

Lightning-Fast Schengen Access

Travel freely across 29 Schengen countries, seamlessly connecting to Europe's business and cultural hubs.

Low European Threshold

Compared to Southern European countries, Latvia's investment threshold is extremely low, offering high cost-performance.

Safe & Livable

Beautiful natural environment, high forest coverage, excellent social security, and relatively low cost of living.

Whole Family Immigration

The main applicant's spouse and minor children can be included, enjoying European welfare and quality educational resources.

Tax Planning & Wealth Management

Tax policies vary wildly across global jurisdictions. Properly utilizing a second identity can effectively avoid double taxation, optimize corporate offshore structures, and provide a safer legal moat for family wealth succession. For specific tax plans, please consult our senior tax compliance experts for a 1-on-1 assessment.

Children's Education & Springboard to Elite Schools

Obtaining an overseas long-term residency or passport is a "golden key" to opening the doors of the world's top universities for your children. Not only can they enjoy local free public education or cost-effective international schools, but they can also return to China as "Overseas Chinese Students" or "International Students," using that advantage to gain admission to China's top higher education institutions with lower scores.

Current application basis
Property purchase is no longer a basis for a new temporary-residence application. Verify current eligibility and evidence for other routes, including company investment.
New fund not yet available
The new law provides for investment in a state-established fund manager, but OCMA states that the relevant fund has not yet been established, so this option is not currently usable.
No Language Requirement
No proof of Latvian language proficiency is required at the initial stage.
No Strict Immigration Jail
Renew under the issued permit and new law; one annual entry does not replace all compliance obligations.

1

Preparation & Inspection

Confirm the current residence basis before preparing employment, startup, study, family or eligible investment evidence.

2

Complete Investment & Submit

Submit after confirming the legal basis and evidence; do not pay for a closed property-residence route.

3

Obtain Approval & Land

Follow official requests for documents, entry and biometrics; timing varies by category and evidence.

4

Collect Residency Card

Collect the card for the period stated in the decision and follow current renewal conditions.

How long does the entire application cycle usually take?

Processing times vary greatly depending on the country and visa category. Generally, real estate investment immigration can be approved within a few months, while programs involving complex background checks or waiting lists might take 1-2 years. For specific timelines, please refer to the latest processing schedules from the local immigration office.

Are the requirements for explaining the source of funds strict?

For investment immigration programs, the vast majority of countries require applicants to prove the legal source of their investment funds. However, the strictness of documentary requirements varies by country. Our legal team will assist you in issuing the most logical source of funds explanation plan.

Which family members can the main applicant bring?

Most countries' residency or citizenship programs allow "one person applies, the whole family immigrates." This generally includes the main applicant's spouse and children under 18 (or under 21/25 if studying and financially dependent). Some countries even allow including both sets of parents.

Real Client Approvals & Timelines

"

The family wanted a controllable-cost EU residence backup. We selected Latvia real-estate residence, checked valuation and title risks, then built the renewal calendar.

Family seeking EU residence backup | Latvia real-estate residence
Week 2Property due diligence and family file completed.
Month 3Purchase closed and residence application lodged.
Month 5Residence cards issued; renewal calendar delivered.
"

A logistics entrepreneur preferred an operating Latvian company to residential property. We focused on paid-up capital, tax contribution and real Baltic operations.

Logistics entrepreneur | Company investment residence
Month 1Company target and capital plan reviewed.
Month 3Investment made and immigration filing submitted.
Month 6Permit approved; accounting monitoring set up.

Interested in Latvia Immigration?

Every family has a unique asset structure and needs, and policies change constantly. Let our experienced professionals provide you with an accurate assessment.

* All your privacy and asset information will be strictly protected by local legal systems.

Not sure if Latvia is right for you?

Confused by complex policies? Use our smart comparison tool to instantly evaluate the pros and cons of multiple countries' policies.

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