The Latvia Golden Visa is one of the most cost-effective and fast-processing Residence by Investment (RBI) programs in Europe. Stay informed about the benefits and latest developments.
Secure your residence permit through investment in Latvia with Golden Visa Solutions partners.
From real estate selection and the purchasing process to the delivery of the residence card, all stages are managed end-to-end by our expert team. Contact us for Latvia Golden Visa consultancy.
Latvia Golden Visa Consulting
Latvia Golden Visa Consulting
As of 2026, the Latvia Golden Visa program stands out as one of the most cost-effective residency-by-investment options in Europe. Investment options include real estate purchase, company investment, bank deposit, or government bonds. The current requirements are as follows:
In addition to the investor, the main applicant’s spouse, children under 18, financially dependent, unmarried children over 18 who are full-time students, and parents supported by the applicant can also be included in the application.
We have listed the prominent apartments for you within the scope of the Latvia Golden Visa program. Contact us for more apartment options. You can receive your residence card within 3 months with GVS partners.
You can complete your application remotely without going to Latvia via a Power of Attorney (PoA) to be given to our partner lawyers. You can access program details by meeting with our partners online or face-to-face. The application process is concluded in an average of 2 to 3 months.
Determine the right investment method with our partners. Your lawyer obtains a tax number for you in Latvia and ensures the opening of a bank account.
Documents must be issued within the last 3 months, translated into Latvian by a sworn translator, and notarized. Apostille is required for documents to be submitted from Turkey. The application is made to the Office of Citizenship and Migration Affairs (OCMA) of Latvia, and the evaluation process begins.
The application is made after the procedures of the selected investment are completed. Your lawyer and consultant manage every stage of the application process.
After the application is accepted, a short visit to Latvia is required for biometric data. Following biometric procedures, a temporary residence card is issued.
When your application is approved, you are given a 5-year residence permit card. Your residency right continues provided that the investment is maintained and you enter Latvia at least once a year.
The residence permit is updated every year. As long as you maintain the investment, the right to permanent residency arises at the end of 5 years, and the opportunity to apply for citizenship arises after 10 years of residency.
Latvia has one of the most attractive investment programs in Europe with its cost-effective structure and high rental yield advantage. Strategic investments made provide the opportunity for a residence permit first, then permanent residency, and long-term citizenship application. The 2026 investment options are as follows:
Residence Permit by Buying a House in Latvia: A real estate property worth at least €250,000 must be purchased. At the time of purchase, a tax of 5% of the property value (e.g., €12,500) is paid. The investment must be maintained for 5 years. Real estate can provide an annual rental yield of up to 18%. Additionally, a fee of €3,000 is paid during the application. The residence card is renewed every year; the renewal fee is €400 per person.
Company Investment: A residence permit can be obtained by investing at least €50,000 in an existing Latvian company. The annual turnover of the company to be invested in must be under €10 million and it must have fewer than 50 employees. The company is obliged to pay at least €1,000 in tax per year; in addition, there is a total tax liability of €40,000 in the first tax period, and employee taxes can be included in this amount. After the completion of the investment, an additional fee of €10,000 must be paid on behalf of the state.
Collective Investment Model: Five investors can come together to make a joint investment totaling €250,000 in Latvia. Within the scope of the joint investment model, the tax obligations and financial responsibilities of the invested company can be distributed among investors. In addition, investors can earn regular income by paying themselves a salary in the company, and in this way, the sustainability of the company’s tax payment obligation can be ensured.
Bank Deposit: A deposit of at least €280,000 (€300,000 in some configurations) must be deposited in a bank in Latvia. The deposited amount is blocked in the bank for 5 years, and an additional state fee of €25,000 must be paid after the completion of the investment. This method, which has a low risk profile, offers an ideal option for investors who want to secure their investment and obtain residency rights.
Purchase of Government Bonds: They must purchase government bonds for a minimum of €250,000. In addition to this investment, it is mandatory to pay a €38,000 state contribution fee during the application process. This model, which stands out with its low-risk and fixed-return structure, is an ideal alternative for individuals looking for a safe investment and wanting to gain long-term residency rights in Latvia.
Latvia grants investors a residence permit first, permanent residence permit when certain conditions are met, and the right to apply for citizenship in the final stage. Individuals who legally reside in Latvia uninterruptedly for 5 years while protecting their investment can apply for a permanent residence permit. Those who complete a total of 10 years of legal residence gain the right to apply for citizenship. Individuals who want to be included in the citizenship process by buying a house in Latvia must also fulfill the following conditions:
The cost of the Latvia Golden Visa for real estate purchase ranges between approximately €260,600 and €270,600 for an average family of four. These costs may vary depending on the number of people in the family, the city where the purchased property is located, and the scope of the preferred consultancy service.
Please contact our Latvia partners for detailed fee information.
The shared data reflects approximate average values based on official statistics and market analysis.
You can review country programs and contact us to evaluate a customized investment option for you.
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