Latvia Golden Visa Program
The Latvia Golden Visa Program offers visa-free access across the Schengen Area, a fast processing timeline, and a low physical presence requirement, making it an attractive option for global investors and entrepreneurs.
Latvia
Europe
Residency By Investment
The Latvia Golden Visa Program offers global investors and entrepreneurs a fast, flexible pathway to European residency. With minimal physical presence requirements spending just a few days per year in Latvia, applicants gain visa-free travel across the Schengen Area. The program supports family inclusion, covering spouses and dependent children, and provides options through real estate, business investment, or approved financial instruments. Step Global Group guides you through a streamlined application process, ensuring efficient approvals, compliance with regulations, and a clear route to long-term residency or potential EU citizenship.
Government
Unitary parliamentary republic
Population
1.87M
Language
Latvian
Currency
Euro
Climate
Temperate
Visa Free
Schengen Area
Latvia Golden Visa Program Eligibility Requirements
The Latvia Golden Visa Program offers global investors and entrepreneurs Schengen visa-free travel, fast processing (2 – 6 months), and low residency requirements (1 – 2 days/year). Applicants must be 18+, have a clean criminal record, and make a minimum investment in real estate, business, or approved funds. Benefits include European residency, family inclusion, and a potential pathway to citizenship, making Latvia an ideal choice for investors seeking flexibility, security, and EU access.
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What Is the Latvia Golden Visa Program?
The Latvia Golden Visa is a Residency by Investment (RBI) program that allows eligible foreign nationals to obtain a temporary residence permit by making a qualifying investment in Latvia. The permit is initially granted for up to 5 years (with annual renewals) and can lead to Permanent Residency and Latvian citizenship.
The Latvia Golden Visa Program offers non-EU nationals an opportunity to obtain European residency through investment, granting visa-free travel across the Schengen Area and a clear pathway to long-term settlement in Europe. With one of the most affordable investment thresholds in the EU and minimal residency requirements, Latvia is an ideal choice for global investors and families.
Step Global Group provides expert, end-to-end support to help you secure your Latvia residence permit smoothly and compliantly.
Key Benefits of Latvia Golden Visa
- Visa-free travel across 26 Schengen countries
- Low minimum investment compared to other EU Golden Visa programs
- Fast processing time (typically 2 – 3 months)
- Family members included in one application
- No requirement to live in Latvia full-time
- Pathway to Permanent Residency and EU citizenship
Latvia Golden Visa Investment Options
Applicants may qualify through one of the following approved investment routes:
Real Estate Investment
- Minimum investment: €250,000
- Government fee: 5% of property value
- Property must be retained for at least 5 years
- One or more properties allowed to meet the investment threshold
Business Investment
- Investment amount: €50,000 – €100,000
- Investment in a Latvian registered company
- Business must be operational and tax-compliant
- Annual tax contribution required
Bank Deposit Investment
- Deposit: €280,000 in a Latvian bank
- Funds locked for 5 years
- One-time government contribution applies
Step Global Group helps you evaluate and select the most suitable investment option based on your goals and profile.
Residency Rights & Privileges
- Temporary residence permit valid for up to 5 years
- Right to live in Latvia
- Freedom to travel across the Schengen Zone
- Access to education and healthcare services
- Family residency permits for spouse and dependent children
- Eligibility to apply for Permanent Residency after 5 years
Eligibility Requirements
To apply for the Latvia Golden Visa Program, applicants must:
- Be a non-EU / non-EEA national
- Have a clean criminal record
- Provide proof of legal source of funds
- Maintain the qualifying investment
- Hold valid medical insurance
- Possess a valid passport
Processing Time
- Document preparation: 2 – 4 weeks
- Application review: 30 – 60 days
- Residence permit issuance: within 90 days
Step Global Group ensures accurate documentation and faster approvals through professional handling.
Pathway to Permanent Residency & Citizenship
- Permanent Residency eligibility after 5 years
- Citizenship possible after meeting residency, language, and integration requirements
- Dual citizenship may apply depending on nationality
How Step Global Group Supports You
With years of experience in global immigration and investment migration, Step Global Group offers:
- Personalized eligibility assessment
- Investment and property guidance
- Legal document preparation and verification
- Application filing and government liaison
- Family member residency processing
- Permit renewals and PR assistance
Why Choose Step Global Group?
- Trusted immigration consultants
- Transparent and ethical processes
- Strong approval success rate
- Tailored investment solutions
- Dedicated client support from start to finish
Start Your Latvia Golden Visa Journey Today
Secure your European residency through the Latvia Golden Visa Program with expert guidance from Step Global Group.
Frequently Asked Questions
1. Is the Latvia Golden Visa permanent?
No. It starts as a temporary residence permit, renewable annually, and can lead to Permanent Residency.
2. Can I include my family?
Yes. Your spouse and dependent children can be included under one application.
3. Do I need to stay in Latvia full-time?
No. Latvia has no strict minimum stay requirement for Golden Visa holders.
4. Does the Latvia Golden Visa lead to EU citizenship?
Yes. Citizenship is possible after meeting residency duration and language requirements.
The Step Global immigration lawyers are available to answer your questions. Contact us today to arrange a consultation.