RESIDENCY BY INVESTMENT
LATVIA
Your Gateway to European Future.
If you’re considering Latvia for your second residency, the country offers one of the most affordable and straightforward pathways to EU access. Whether through startup investment, established business contributions, or salaried employment, Latvia provides flexibility and benefits within a stable European environment. Whether you’re applying for a Latvia visa from the UAE or exploring Latvia’s residency options, our expert team will guide you through every step.
Country Overview
Latvia’s strategic location along the eastern shores of the Baltic Sea has made it a crossroads of various civilizations for centuries. From ancient Baltic tribes and medieval Hanseatic trade to periods under Swedish, Polish, and Russian rule, Latvia has been shaped by diverse influences. This rich tapestry is evident in its architectural landmarks, cultural traditions, and the resilience of its national identity.
Country Information
Latvia gained independence from the Soviet Union in 1991 and joined the EU and NATO in 2004.
- Population: Approximately 1.8 million
- Area: 64,589 km²
- Language: Latvian
- Currency: Euro €
What Makes Latvia Stand Out?
Visa-Free Schengen Access
6th strongest Passport in world
Strategic Hub in the Baltic Region
Favorable Tax Regime
Why Choose Latvia?
Latvia offers one of the most accessible and affordable residency programs in the European Union. Positioned in Northern Europe, it provides Schengen access, a stable political environment, and an attractive tax regime. Whether through business investment or employment-based options, Latvia is a practical entry point to the EU for long-term residency.
Investment options
- €50,000 + €10,000 in a startup
- €100,000 + €10,000 in an established company with collaterals
Additional requirements
To qualify for residency, applicants must meet the following requirements:
- You must maintain the business investment in the startup or established company to retain your residency status.
Additional information
- Benefits: Schengen access, favorable tax regime; includes public services, healthcare, education, and family reunification.
- Pros: Politically stable, affordable entry route.
- Best for: Individuals looking for alternative residency or economic citizenship in unique destinations.
Investments requirements
- Salary taxes on a ~€1,500/month salary
Additional requirements
To qualify for Residency program, applicants must meet the following requirements:
- Must maintain legal employment with salary-based tax contributions in Latvia to continue qualifying for residency.
Additional information
- Benefits: Schengen access, long-term stay, public services.
- Pros: Low investment option through salaried employment.
- Best for: Individuals looking for alternative residency or economic citizenship in unique destinations
Benefits of Latvian Residency
Enjoy freedom of movement across Schengen countries.
Access to public education and healthcare systems.
Travel 120+ countries visa free around the globe.
Stable economic enivronment driven by favorable tax regime.
Family inclusion allowed under most routes.
FAQs
You can invest €50,000 + €10,000 in a startup or €100,000 + €10,000 in an established business with supporting assets.
Yes, through the Residency Program, you can qualify by contributing taxes on a salary of ~€1,500/month.
Yes, both programs offer Schengen travel and access to other EU services.
You can apply for Latvian citizenship after 10 years of legal residency.
Time to Citizenship
Applications for Latvian citizenship through the residency programs typically become eligible after 10 years of legal residency, depending on individual circumstances.
Secure affordable EU residency with multiple pathways. Fill out the form below to begin your Latvia residency application.