Residency by investment in Latvia
Latvia’s strategic location and liberal business environment make it an attractive destination for investors. Our Investment Support Solutions guide you through every step of obtaining a temporary residence permit via investment—whether you choose real estate, bank deposits, equity stakes, or government bonds—ensuring compliance with all current regulations and maximizing your benefits.
Our investment support services
We provide a turnkey solution to secure and maintain your investment-based residence permit:
- Strategic investment consulting
- Regulatory compliance review
- Application & documentation management
- Liaison with authorities
- Biometric & collection scheduling
- Renewal & beyond
Eligible investment routes
You can qualify for a 5‑year temporary residence permit by choosing one of four investment options:
| Investment Route | Threshold | Key Requirements | State Contribution |
|---|---|---|---|
| Real Estate Purchase | ≥ €250,000 for one property in Riga/major cities (or combined ≥ €250,000 across two properties in other regions) |
| 5 % of purchase price |
| Subordinated Bank Deposit | ≥ €280,000 in a 5‑year subordinated deposit or bonds with a Latvian bank |
| €25,000 |
| Enterprise Equity Investment |
|
| €10,000 |
| Government Bonds Purchase | €250,000 in designated interest‑free government bonds held for 5 years |
| €38,000 |
Key eligibility conditions
In addition to the investment criteria, applicants must also satisfy the following personal eligibility requirements:
- Source of Funds: Investments must be made via transparent banking channels; cash is not permitted. You’ll need to demonstrate the lawful origin of funds.
- Subsistence Proof: Show sufficient means (≈ €370 per month per person) to support yourself and any dependents.
- Clean Record: Provide recent police certificates from your country of citizenship and any long-term residence countries.
- Health Requirements: Undergo a basic medical check (e.g., TB screening) and hold valid health insurance for at least the first year.
Application process overview
Follow these key steps to secure and maintain your investment‑based temporary residence permit in Latvia:
Stage 1: Complete your investment
Finalize purchase agreements, deposit contracts, share capital increases, or bond purchases. Gather proof from registries or banks.
Stage 2: Prepare documentation
Compile application forms, passport copies, investment evidence, police clearances, proof of means, and any family documents if applying with dependents.
Stage 3: Submit to OCMA or consulate
Lodge your application (and pay prescribed fees) either at a Latvian embassy/consulate abroad or directly with the OCMA in Riga.
Stage 4: Decision & visa issuance
Choose standard (up to 30 days), expedited (10 days), or rush (5 days) processing times. Upon approval, obtain a D‑visa if needed to enter Latvia.
Stage 5: Biometric appointment
Visit the OCMA to provide fingerprints and a photo and undergo any required medical checks.
Stage 6: Collect your permit card
Receive your 5‑year temporary residence permit (plastic card) and register your address in the Population Register.
Stage 7: Renewal & path to permanence
Five years later, renew your permit with a €5,000 state contribution—no need to reinvest. After meeting residency and integration criteria, you may apply for permanent residence or citizenship.
Contact us
Ready to invest in your future in Latvia? Contact us today for a personalized consultation and let our expert team navigate the complexities of the investment residency program—so you can focus on growing your presence in the heart of Europe.