Investor / Golden Visa in Latvia
One documented route of this kind in Latvia, with its conditions, documents, official government fees and process.
Residence by Investment (Golden Visa) — Immigration Law Section 23(1)
Residence permit for investors, most commonly via EUR 50,000 equity investment into a qualifying Latvian company plus a one-time EUR 10,000 state-budget payment.
- Processing time
- Approximately 2-4 months from initial application
- Validity
- 5 years, with annual ID-card renewal; no minimum physical-presence requirement for renewal
- Language requirement
- Investors exempt from the 2026 language requirement
- Permanent residence
- Eligible for EU long-term resident / permanent residence after 5 years of continuous lawful residence (subject to presence and language criteria)
- Citizenship
- Naturalization generally after 5+ years of permanent residence (subject to criteria)
Requirements
- EUR 50,000 equity investment into a qualifying Latvian company (<=50 employees, turnover/balance <= EUR 10M, >= EUR 40,000/year taxes) + EUR 10,000 one-time state-budget payment (equity route)
- Alternative statutory routes: real estate, subordinated capital in credit institutions, government bonds
- Proof of investment and source of funds
- Subsistence: EUR 2,340/month (3x minimum wage, from 1 Apr 2026)
- Health insurance
- Criminal record certificate (Apostilled)
- Valid passport
Required Documents
- Passport required
- Proof of investment / source of funds required
- Company/tax compliance evidence required
- Health insurance required
- Criminal record certificate (Apostilled) required
- Application form and photo required
Official fees
- Statutory state-budget payment (equity-capital route) 10,000 EUR
- OCMA review (30 days) 160 EUR
- OCMA review (10 working days) 280 EUR
- OCMA review (5 working days) 560 EUR
- Qualifying equity investment (equity-capital route) 50,000 EUR
Process Steps
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1
Make qualifying investment
Invest EUR 50,000 into a qualifying company's equity capital (or use another statutory route) and document source of funds.
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2
Pay state-budget payment
Make the one-time EUR 10,000 payment to the state budget (equity-capital route).
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3
Submit application
Submit application with investment/tax-compliance evidence, insurance, and criminal record to OCMA.
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4
OCMA review and issuance
Processing approximately 2-4 months; on approval, collect residence permit with annual ID-card renewal.