Why this Latvia
Obtaining residency in Latvia through investment is a fast, secure, and efficient path to European residency. Whether it’s business expansion, global mobility, or the benefits of a European lifestyle—Latvia offers one of the most attractive investment residency programs in Europe. Below are the key reasons why obtaining a Latvian residence permit is a smart decision.
Low Entry Threshold
Investment requirements are lower than in most EU countries.
Simple Application Process
Minimal bureaucracy and clear steps to obtain residency.
Path to Permanent Residency & Citizenship
Option to extend residency and apply for EU permanent residence and passport.
Schengen Access
Visa-free travel across 26 European countries.
Strategic Location & Infrastructure
Latvia is a key logistics and business hub in Northern Europe.
Visa-Free Access to Schengen
A Latvian residence permit grants unlimited access to all 26 Schengen countries, including Germany, France, Italy, Spain, and the Netherlands. This allows you to:
- Travel freely across Europe for business or leisure
- Stay in any Schengen country for up to 90 days within a 180-day period
- Avoid lengthy visa procedures and border restrictions
Affordable and Flexible Investment Options
Minimal bureaucracy and clear conditions make obtaining Latvian residency a straightforward process. Compared to other EU programs, Latvia offers one of the most budget-friendly options:
- Business investment — from €50,000 + state fee (€10,000)
- Real estate investment — from €250,000
- Government bonds and bank deposits — alternative secure investments
Fast and Streamlined Process
Latvia’s investment residency program is one of the fastest in Europe:
- Transparent processing time of just 30 to 90 days
- Minimal residency maintenance requirements — only one visit per year needed
- No mandatory language or integration tests for temporary residency
Residency for the Whole Family
The Latvian residency program extends to family members:
- The right to live, study, and work in Latvia and other EU countries
- Access to high-quality healthcare and education
- European standard of living with high safety and stability
- Residency granted to: Main applicant (investor), spouse, and children under 18 (or older if financially dependent)
A Safe and Stable European Country
Latvia is a secure and politically stable EU nation with:
- A strong economy and steady growth
- Low crime rates and high quality of life
- A stable real estate market with attractive opportunities
- Transparent legal and banking systems in compliance with EU standards
High Quality of Life at Affordable Costs
Latvia offers a high standard of living at lower costs compared to other EU countries:
- Modern infrastructure — reliable transport, high-speed internet, and efficient services
- Quality healthcare — both private and public clinics
- Lower cost of living — housing, education, and daily expenses are more affordable than in Western Europe
- Rich cultural life — history, art, nature, beaches, forests, and lakes
Strategic Location in Europe
Latvia is at the crossroads of Western Europe, Scandinavia, and the CIS, making it an ideal hub for business and travel:
- Direct flights to 100+ European cities via Riga Airport
- Advanced logistics and transport infrastructure for international trade
- Membership in the EU, Schengen Zone, and Eurozone — ensuring economic and financial stability
Path to Permanent Residency and Citizenship
Latvian residency is the first step toward EU citizenship. The process:
- After 5 years, you can apply for permanent residency
- After 10 years — for Latvian (and EU) citizenship
- Citizenship grants full EU rights, including visa-free travel to 180+ countries
Why
Choose
Us
Experts
We are based in Latvia and have in-depth knowledge of immigration and investment matters.
Since 2010, we've been helping clients worldwide obtain EU residence permits.
We tailor solutions to perfectly match your goals and budget.
We guide you through every step — from investment structuring to document submission and renewal.
We operate with full transparency, ensuring a smooth and straightforward process with no hidden terms or bureaucracy.
Contact with us
Contact Us for Visa
& Immigration
Contact Information
Residence Permit
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+371 288 549 91
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Info@residencepermit.lv
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13 Šķūņu iela Riga, Latvia-LV-1050
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Mon – Sat: 8:00 am to 6:00 pm
Sunday: Closed