- Real Estate: Invest €250,000 in Latvian property (residential or commercial properties)
Pay 5% government fee. - Equity Investment (Business): Most affordable option: €50,000 in small companies (<50 employees & annual turnover of <€ 10m) or €100,000 in larger ones. €10,000 state fee.
- Government Bonds: Purchase €250,000 in non-interest bonds.
€38,000 government fee. - Bank Deposit: Deposit €280,000 in a Latvian bank.
€25,000 government fee.
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Latvia Golden Visa
Latvia Golden Visa: Your Gateway to European Residency
Want to obtain EU residency at the lowest cost and travel freely in the Schengen area? The Latvia Golden Visa is your ideal choice! Starting from €50,000, you can obtain a 5-year Temporary Residence Permit (TRP) through business investment, real estate or bank deposit. The Investment Residence Program (RBI) has attracted more than 19,100 investors since its launch in 2010, injecting €1.5 billion into the Latvian economy.
Latvia Advantages
- Schengen Travel: Easy access throughout the Schengen Area for
up to 90 days in any
180-day period. - Family Inclusion: Spouse and dependent children can join your
application. - Affordable Entry: One of Europe’s most cost-effective residency programs.
- Quality of Life: High living standards and excellent
infrastructure. - Strategic Location: With many travel opportunities to europe, russian, and further afield.
- Tax Benefits: Only income earned in Latvia is taxed unless a tax resident.0% tax on undistributed profits.
EU Golden Visa Comparison
EU Golden Visa Comparison
| Particular | Latvia | Greece | Portugal |
|---|---|---|---|
| Minimum Investment Threshold (€) | 50,000-280,000 | 250,000 | 500,000 |
| Investment Options | – Equity investment – Property – Government bond – Bank deposit | Property | Investment fund |
| Processing Time (months) | 4-6 | 8-12 | 18-24 |
| Residence Visa Validity（years） | 5 | 5 | 2 |
| Residency Requirements | No (but required to be re-register yearly) | No | 14 days out of 2 years |
| Apply for Citizenship Year | 10 | 7 | 5 |
Latvia Investment Requirements
- Eligibility: Must be at least 18 years old, spouse and dependent children under 18 years old.
- Character & Health: Clean criminal record and good health required (Lung X-ray) before receiving TRP
card in immigration office. No outstanding tax liabilities worldwide. - Financial Stability: Proof of sufficient resources to sustain yourself and family. Comprehensive health
insurance for the TRP application. - Investment Terms: Must hold the investment for a minimum of 5 years
Latvia Investment Options (Hold for 5 years)
Required Documentation
- Personal Documents
Valid passport, application form, photographs, proof of legal address in Lativa. - Financial Documents
Proof of investment, financial stability (€8,880 minimum for the main applicant and the spouse, €2,664 for each dependent child), source of funds. - Health & Character
Health insurance, medical certificate, clean criminal record. - Family Documents
Marriage certificates for spouses, birth certificates for children.
Latvia Application Process
- Consultation and evaluation
- Select an investment option and complete your investment.
- Prepare documents and make an appointment at the Embassy (VFS).
- Submit your application and the processing time will be about 2 months.
- After approval, go to Latvia to collect the TRP card.