Latvia Residency Citizenship by Investment
Route to Latvia Residency citizenshipAfter 6 years of legal residency in Latvia Residency, you may apply for Latvia Residency passport.
Flexible InvestmentYou can choose from many investment options. We offer you a wide variety of Latvia Residency properties allowing you Golden visa.
Whole FamilyYour children up to the age of 26 can also be included. Your parents and your spouse's parents are also eligible.
Latvia introduced its golden visa programme in 2010. Investors can gain a five year residency permit by investing €250,000 in property. The new limit introduced in 2014 applies to the first 800 applicants. After that the investment limit rises to €500,000. In addition there is a government processing fee of €25,000 or 5% of the property value.
Latvia is part of the Eurozone and is also a Schengen visa zone country. Hence residency in Latvia enables investors to travel throughout the EU Schengen visa zone. Applicants can apply for permanent residency after five years but must have lived in the country for most of that time. The Latvian capital Riga is just 90 minutes by air from Moscow. Most of the residents in Latvia speak Russian and Latvia is a popular destination for Russians seeking investor visas, residency and citizenship in Europe.
The applicant can apply for Latvian Permanent Residence after they have resided in the country for a minimum of five years. They must have resided in the country for a minimum of four of those years, have knowledge of the language, general history and national anthem.