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Latvia Residence by Investment for American Nationals

American nationals can apply for Latvian residence by investment on the same basis as other non EU applicants. A change to the law is pending that may close several routes from 2027, so the timing of any application matters.

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Reference
Official authorityOffice of Citizenship and Migration Affairs (OCMA / PMLP)
ProgrammeLatvia Residence by Investment
For nationalityAmerican
Information current as ofJune 2026
Official source →

Information, not advice. Figures are indicative and current as of June 2026. Always confirm the present rules with the official program authority and a licensed professional before you act.

Reviewed by the Passports for Kings editorial team. Last reviewed 15 June 2026.
Latvia approved amendments that, if signed into law, would remove the real estate, government securities and bank deposit routes from 1 January 2027, leaving a company investment route. Confirm the current position with OCMA before acting.

Eligibility for this nationality

American nationals face no nationality specific exclusion from the Latvian programme. Applicants must show a clean criminal record, lawful source of funds, health insurance and a qualifying investment held for the required period. United States citizens remain taxed on worldwide income regardless of residence, so American applicants should take tax advice before committing.

Routes

Reported routes include real estate from 250,000 euro held for at least five years, a company investment from 50,000 euro in a smaller business or from 100,000 euro in a larger business, interest free government bonds with a face value reported near 250,000 euro, and a qualifying bank deposit reported near 280,000 euro. A state fee applies on approval. Confirm each figure and the associated fee with the official authority, as several of these routes are slated to close.

Timeline

The process from completed investment and document gathering to holding a residence card is commonly reported at around three months. The residence permit is reported as valid for five years, with permanent residence and a citizenship path possible after a longer total period. Times vary, so confirm with OCMA.

Costs

Beyond the investment itself, applicants should budget for the state fee, legal and translation costs, health insurance and the maintenance funds Latvia expects in a bank account. We do not publish a fixed total here because the figures change and depend on your route and family size. Confirm the current schedule with the official authority.

RouteIndicative amountNotes
Real estateFrom 250,000 euroHold at least five years. Route may close from 2027
Company, smaller businessFrom 50,000 euroConditions on size and turnover apply
Company, larger businessFrom 100,000 euroConditions on size and turnover apply
Government bondsAround 250,000 euroInterest free, plus state fee. Route may close from 2027
Bank depositAround 280,000 euroHeld five years. Route may close from 2027

Figures are indicative and current as of June 2026. Office of Citizenship and Migration Affairs (OCMA / PMLP) publishes the binding detail. Verify before you act.

Common questions

Can American citizens apply for Latvian residence by investment?

Yes. There is no nationality specific bar for American nationals. Standard checks on funds, record and investment apply. Confirm the current rules with OCMA.

Is it true some routes are closing?

Latvia approved amendments that, if signed, would remove the real estate, government securities and bank deposit routes from 1 January 2027, leaving a company route. Confirm the legal status before relying on any route.

Do Americans still pay US tax with Latvian residence?

United States citizens are generally taxed on worldwide income regardless of where they live. Take qualified tax advice before applying.

Information, not advice. Figures are indicative and current as of June 2026. Always confirm the present rules with the official program authority and a licensed professional before you act.

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Information, not advice. Figures are indicative and current as of June 2026. Always confirm the present rules with the official program authority and a licensed professional before you act.

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