Latvia offers a renewable residence permit to investors who place qualifying capital in the country. The Office of Citizenship and Migration Affairs administers the route, and the rules are set to narrow from 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 is a member state of the European Union and the Schengen area. Its residence by investment route lets a qualifying investor and close family live in Latvia and travel across the Schengen area for short stays. The permit is a residence permit, not citizenship, and it must be renewed on the schedule the authority sets.
The Office of Citizenship and Migration Affairs, known as OCMA, publishes the binding rules. Applications can be filed at OCMA in Latvia or at a Latvian embassy abroad. The figures below are indicative and current as of the date shown. Always confirm the live numbers with OCMA before you commit.
Several investment routes have historically qualified. These include a business investment in a Latvian company, the purchase of real estate, a bank deposit for a fixed term, and the purchase of government securities. Each route carries its own minimum and its own state fee. The business route has the lowest entry capital, while the property and deposit routes sit higher.
Processing time depends on the route, the completeness of your file, and current demand at OCMA. Investors should plan for document gathering, translation, and review before submission. Confirm the current processing window with OCMA, since it changes with caseload.
The table sets out indicative entry capital by route. Treat these as starting points. State fees, legal costs, translation, and health insurance are additional. OCMA publishes the binding figures.
A Latvian residence permit allows you to live in Latvia and to travel within the Schengen area for short visits. It can support a path to longer term residence over time if you keep meeting the conditions. It does not by itself grant citizenship or an EU passport. Naturalisation is a separate process with its own residence, language, and integration requirements.
| Route | Indicative minimum | Notes |
|---|---|---|
| Business investment in a Latvian company | From 50,000 EUR | Plus a state fee. Company size and tax conditions apply |
| Real estate purchase | From 250,000 EUR | One property or a combination |
| Bank deposit for a fixed term | From 280,000 EUR | Held for the term the authority sets |
| Government securities | From 250,000 EUR | Confirm current eligibility with OCMA |
Figures are indicative and current as of June 2026. Office of Citizenship and Migration Affairs (OCMA) publishes the binding detail. Verify before you act.
No. It is a residence permit. Citizenship and an EU passport come only through naturalisation, which has its own residence, language, and integration requirements. Confirm the current rules with OCMA.
Yes. Latvia has approved changes that would narrow the qualifying routes from 2027. See our dedicated update page and confirm the live position with OCMA before you act.
Applications can be filed at OCMA in Latvia or at a Latvian embassy abroad. OCMA publishes the binding procedure.
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.