🇱🇻LatviaResidence PermitCompany Formation

Residence in Latvia by Investment (EU) — Company or Real Estate

EU & Schengen residence in Latvia through company or real estate investment. End-to-end management, a single all-inclusive service fee.

Min. investment
From €50,000
EU residence
Schengen free movement
Timeframe
~2-4 months
Service fee
7-10% (all-inclusive)

Latvia, a member of the European Union and the Schengen Area, offers a business-friendly tax system and reasonable investment thresholds — making it a strong option for those seeking EU residence. At Resida Global we manage the Latvian residence process end to end, execute the local legal work through our trusted local partner, and offer it to you under a single, transparent service fee.

Two Routes: Company Investment or Real Estate

1) Residence via company investment: the legal minimum for investing in a Latvian company is €50,000 + €10,000 state fee. However, for a smooth process and a strong application, investments of €150,000 and above are preferred; a visible contribution to the national economy strengthens the case.

2) Residence via real estate: the minimum investment through property purchase is €250,000, plus 5% of the property value transferred to the state budget.

In both routes, the source and origin of funds are examined thoroughly, so structuring the process correctly from the start is critical.

How We Work

We manage the client relationship from start to finish; the local legal process in Latvia is executed by our local legal partner. Including the local partner's fee, we offer you a single all-inclusive service fee (7-10%). This fee is calculated on a minimum base of €150,000, even for smaller investments.

To see which country fits you best, visit our Residence & Citizenship Comparison. For similar EU routes, also see Lithuania Startup Visa, Estonia e-Residency & Company Residence and Portugal D7 Visa.

Requirements & Documents

  • Valid passport and clean criminal record
  • Proof of the source and origin of funds (examined thoroughly)
  • Valid health insurance
  • Minimum investment per chosen route (company €50,000+ / real estate €250,000)
  • On the real estate route, 5% of the property value contributed to the state budget

Estimated Costs

Company investment (legal min.)€50,000 + €10,000 fee
Preferred investment threshold€150,000+
Real estate route (min.)€250,000
State contribution (real estate)5% of property value
Resida service fee (all-inclusive)7-10% (min €150,000 base)

Costs are indicative and may vary with current official fees and exchange rates.

How the Process Works

  1. 1

    Pre-assessment & source-of-funds check

    We assess your case and source of funds and determine the right route.

  2. 2

    Route selection & document preparation

    We choose the company or real estate route and prepare all documents.

  3. 3

    Executing the investment

    Company formation or property purchase is completed securely.

  4. 4

    Residence application

    Your residence application is filed with our local legal partner.

  5. 5

    Residence card & renewal

    Your residence card is issued; we plan renewals together.

Frequently Asked Questions

What is the minimum investment for Latvian residence?

For company investment the legal minimum is €50,000 + €10,000 state fee; for real estate it is at least €250,000 (plus 5% of the value as a state contribution).

Why is a €150,000 base recommended?

Lower investments are viewed as weaker by both local authorities and our partner; €150,000+ demonstrates the seriousness of the application and its economic contribution. Accordingly, our service fee is calculated on a minimum base of €150,000.

What does your service fee cover?

The 7-10% fee is all-inclusive: pre-assessment, document preparation, executing the investment, the residence application and the local legal partner’s fee. No separate local lawyer fee applies.

How is the source of funds proven?

The legal source and origin of funds (bank records, sale/income documents, etc.) are examined thoroughly. We clarify this in the pre-assessment to structure the process correctly from the start.

How long does it take?

Once documents and the investment are ready, the process typically takes ~2-4 months; it varies by case.

Is my family included?

Yes, a spouse and dependent children can be included; we clarify the details in the pre-assessment.

How often must I renew the residence?

The residence is renewed periodically and depends on maintaining the investment/conditions; we plan renewals together.

Is there a path to permanent residence or citizenship?

With a period of legal residence and meeting the conditions, paths to permanent residence and then citizenship exist; we assess current conditions for your case.

Is prepayment required?

The process generally runs on a prepayment basis; we define the payment plan clearly in the contract.

Let’s plan your process together

Contact our team for a free, tailored preliminary assessment of your case.