This page explains how Latvia residence by investment works for Mexican nationals, who runs it, and the changes due to take effect in 2027.
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.
Latvia residence by investment is open to applicants from outside the European Union, the European Economic Area and Switzerland, which includes Mexican citizens.
Applicants generally must be over 18, hold a clean criminal record, and show sufficient funds and a valid health certificate. Confirm the current eligibility checks with the official authority.
Current routes include a contribution to the share capital of a Latvian company, the purchase of built residential or commercial property in Riga or within 30 kilometres of the city, a deposit with a Latvian bank, and an investment in government securities.
Each route carries its own conditions. Note that the property, deposit and securities routes are set to close from 2027 if the approved amendments are signed into law, which would leave business investment as the only option.
The Office of Citizenship and Migration Affairs reports standard processing of around 30 days, with faster options available. Once approved, the investor collects the residence permit in Latvia in person.
The permit runs for five years with annual renewal of the identity card. After meeting the residence and language conditions, holders may move toward permanent residence, and citizenship may be possible after about ten years. Confirm the current timelines with the official authority.
Indicative minimums by route appear below. Figures are stated in euros and can change, and several routes are due to close in 2027. Confirm the current amounts and the state fees with the official authority.
| Route | Indicative minimum | Notes |
|---|---|---|
| Share capital in a Latvian company | 50,000 euros | Amount can rise to 100,000 euros depending on company size and turnover |
| Residential or commercial property | 250,000 euros | Built property in Riga or within 30 kilometres, route set to close from 2027 |
| Bank deposit | 280,000 euros | Five year subordinated deposit, route set to close from 2027 |
| Government securities | 250,000 euros | Route set to close from 2027 |
| Proof of funds | 8,880 euros | Indicative minimum balance, confirm the current figure |
Figures are indicative and current as of June 2026. Office of Citizenship and Migration Affairs (PMLP) publishes the binding detail. Verify before you act.
Yes. The programme is open to nationals from outside the European Union, the European Economic Area and Switzerland, which includes Mexican citizens. Confirm your eligibility with the Office of Citizenship and Migration Affairs.
Yes. Latvia approved amendments to its Immigration Law in June 2026. If signed into law, from 1 January 2027 the property, bank deposit and government securities routes would be removed, leaving business investment as the only option. Confirm the current position with the official authority.
The permit is granted for five years, with annual renewal of the identity card. Holders may apply for permanent residence after meeting the residence and language conditions.
Residence does not grant citizenship automatically. After about ten years of lawful residence and meeting language and other conditions, investors may be able to apply for citizenship. Confirm the current rules with the official authority.
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.
We introduce you to vetted, independent advisors, in confidence and at no obligation. Your topic is noted for you below.
Independent and paid by the people we help, never by a government and never by a firm.
One short email when a programme rule changes, with the official source named so you can verify it. No hype, unsubscribe anytime.