Latvia’s Investment Migration Program: A Gateway to Europe
Latvia’s residence-by-investment program is gaining momentum — and for investors from third countries looking for mobility, security, and EU access, it offers one of the most affordable pathways in Europe.
Why Latvia?
· Lowest Entry Point in the EU – Just €50,000 into company share capital plus a €10,000 state fee.
· Application Timeline – Residence permits are usually issued within 1–3 months, but from experience the process may take up to 6 months depending on the case.
· Family Benefits – Spouses and children are included, with access to EU education, healthcare, and visa-free Schengen travel.
· Minimal Stay Requirement – Only one visit per year is needed to maintain your status.
Current Trends
Latvia is on track for over 50% growth in 2025, with business investment remaining the leading option despite a rebound in real estate. In the first half of 2025 alone, 44 main applicants were approved — already 76% of the 2024 total — and including dependents, 107 residence permits were issued.
· Business investments accounted for 50% of approvals (22 investors).
· Real estate rose sharply, making up 45% of cases.
· The leading applicant nationalities were Turkey (20%), Vietnam (11%), India and the UK (9% each), with the US, Pakistan, Azerbaijan, and Uzbekistan each at about 4.5%
How It Works
Investors commit €50,000 into the equity of a Latvian company, maintain the investment for 5 years, and pay the state fee. Once approved, a 5-year renewable residence permit is issued, allowing free travel across the Schengen Zone and the option to apply for long-term residence or citizenship over time.
Key Takeaway
As other EU programs become more expensive or slowed down by heavy demand, Latvia has positioned itself as an affordable and reliable solution. For globally mobile families and entrepreneurs, it combines a low barrier to entry with the core benefits of EU residency — making Latvia an ideal destination for those seeking a European gateway.