Latvia: Residency by Investment

Investors can move to Latvia after investing in business, real estate, or securities, with a path to permanent residence.



Latvia’s Residency by Investment program is the cheapest real estate investment residency scheme in the E.U., requiring just $298,000.

Latvia is a highly digital, forward-looking society with a trilingual, educated workforce, at the heart of the Baltic states and well-connected to the E.U. and North America. Latvia’s business-friendly environment also offers lenient taxes.

Latvia has four beautiful seasons and abundant access to nature (87% of the country is either forest or seashore). Its capital city, Riga, has full wi-fi connectivity, a vibrant café and nightlife scene, and renowned museums, at a lower cost of living than many European capitals.

Internet Speed

Fixed broadband: 128.35 Mbps download/127.54 Mbps upload

Mobile: 42.04 Mbps download/10.86 Mbps upload

Cost of living

No. 58 globally 


Investment options include:

No physical residency is required.

Must have financial ability to support family.


Application Process

Apply at your local Latvian embassy or online.

This visa takes 3 months to process.

Obtaining an investment visa can be a complex process, and you may choose to engage an experienced lawyer.

Documents Required

Documents required vary depending on your nationality, investment path, and personal situation. 

Documents for real estate investment can include:

After your application is accepted, provide:

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