Six reasons why Latvia stands out among EU residency destinations.
Schengen Access
Travel across 27 EU countries with no internal borders.
Safe & Stable:
Member of EU, NATO, and the Eurozone with a high standard of living.
Strategic Location
Gateway between the EU and Eastern markets.
Low prices
Low real estate prices compared to Western Europe.
Fast processing
Latvia offers some of the quickest residency procedures in the EU.
Mild Climate
Clean environment, no natural disasters, coastal lifestyle
Why Latvia is the Smart Choice for Residency and Investment
Latvia offers more than just a European residence — it offers a peaceful, safe, and high-quality lifestyle. Nestled on the shores of the Baltic Sea, Latvia combines pristine nature with a modern infrastructure and low cost of living.
Imagine living near sandy dunes, pine forests, and a calm sea breeze, while enjoying visa-free access to the Schengen Area and the benefits of EU residency. Latvia boasts a mild climate, clean environment, and no natural disasters.
Its real estate market is open to non-EU investors, healthcare and education meet European standards, and the pace of life is comfortable — ideal for those who seek balance between business and well-being.
Latvian Residency by Investment — Your Path to the EU
The current migration legislation of Latvia provides for the following grounds for investors to obtain a temporary residence permit:
Obtain a 5-year residence permit by purchasing one or two real estate properties in Latvia:
Minimum investment: €250,000 (one object) or 2×€125,000 (outside Riga and Jurmala);
Cadastral or appraised value must meet thresholds;
Must buy from Latvian/EU legal entities or residents;
One-time state fee: 5% of property value;
Agricultural and forest land not eligible.
Invest in a subordinated deposit with a Latvian bank:
Minimum amount: €280,000;
Term: 5 years or more;
One-time state fee: €25,000;
Funds returnable only in case of bank insolvency or liquidation.
Invest in the share capital of a Latvian company:
Minimum:
€50,000 for small companies (with €40,000 annual taxes paid);
€100,000 for larger companies (with €100,000 annual taxes paid);
One-time state fee: €10,000;
Applies to both newly founded and existing companies.
Apply through an interest-free state securities program:
Investment: €250,000 in bonds;
One-time state fee: €38,000;
Must be paid via a Latvian bank account.
All options lead to a 5-year renewable residence permit, with visa-free travel in the Schengen Area and eligibility for EU permanent residency after 5 years.
Want the full guide with legal details and requirements? One of our legal experts will review your request and get back within 1 business day
By clicking "Submit My Request", you agree to the processing of your personal data in accordance with ourPrivacy Policy.
Contact Us For a Confidential Consultation. Our legal team will be glad to assist you in person, by phone, or online.
Legal Disclaimer The information provided on www.padva.eu does not constitute and should not be considered legal advice. Although we strive to ensure that the information on this website is accurate and reflects the latest legal developments, legal advice can only be given by a qualified attorney or specialist who is familiar with the specific facts of your case.