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Golden Visa Partners

2026 Program Guide

Latvia Golden Visa & Residence Permit

The Latvia Golden Visa offers EU residence through a EUR 250,000 real estate investment, a EUR 280,000 bank deposit, EUR 250,000 in government bonds, or a business investment from EUR 50,000. Parliament has approved amendments that, if signed, would remove the real estate, securities and deposit routes from 1 January 2027, leaving business investment as the only option. It grants residence initially valid for 5 years and is one of the most affordable EU residence routes.

Last updated: 2026-07-07 · Reviewed by: Burak Ünal

At a glance

Program
Golden Visa
Real estate
EUR 250,000
Bank deposit
EUR 280,000 (+EUR 25,000 fee)
Business investment
From EUR 50,000 (small company)
Residence
5 years (extendable)
Citizenship
After a total of 10 years

Who is it for?

  • Those seeking one of the most affordable EU residence routes (business route from EUR 50,000).
  • Those wanting flexibility between real estate, bank deposit, or business investment.
  • Families seeking Schengen access and an EU base.
  • Those targeting EU citizenship in the long term (10 years total).

Three Investment Routes

Latvia offers three main routes: a EUR 250,000 real estate investment, a EUR 280,000 bank deposit (plus a government fee), or a business investment from EUR 50,000 in a small company. The business route stands out for providing EU residence at the lowest entry cost; the real estate route offers property ownership and potential rental income.

Costs and Government Fees

In addition to the investment amount, government fees apply; for example, in the real estate route, a one-time government fee is paid based on the property value. In the bank deposit route, approximately EUR 25,000 in fees applies in addition to the investment, and in the business route, approximately EUR 10,000. Total cost planning should include these items.

From Residence to Citizenship

The golden visa initially grants 5 years of residence; after five years, permanent residence can be applied for, and after a total of 10 years of legal residence, citizenship. As Latvia permits dual citizenship only with certain countries (EU, EFTA, NATO members, etc.), the situation should be separately verified for Turkish citizens.

Benefits

  • EU residence and Schengen access.
  • Low entry cost (business route from EUR 50,000).
  • Family members can be included.
  • Path to permanent residence and citizenship.

Requirements

  • Approved investment (real estate, deposit, bonds, or business).
  • Clean criminal record and health insurance.
  • Government fees and legal source of funds.

Costs

Real estate
EUR 250,000
Bank deposit
EUR 280,000 + EUR 25,000 fee
Business (small company)
EUR 50,000 + EUR 10,000 fee

Process

  1. Preliminary assessment

    Determining the investment route.

  2. Investment

    Making the approved investment.

  3. Application

    Residence permit application.

  4. Residence card

    Obtaining the residence card after approval.

FAQ

Which is the most affordable option?
The small business investment from EUR 50,000 is one of the most affordable EU residence routes.
How long is the residence valid?
It is initially valid for 5 years; after 5 years, permanent residence can be applied for.
Can I become a citizen?
Latvian citizenship can be applied for after a total of 10 years of residence.
Is there an additional fee on the real estate route?
Yes. In addition to the investment, a one-time government fee is paid based on the property value; we verify the current rate before applying.
Which family members can be included?
A spouse and minor children can be included in the application.
Does Latvia allow dual citizenship?
Latvia permits dual citizenship only with certain countries (EU, EFTA, NATO members, etc.); other countries may face restrictions, and we assess the current situation together.

Sources

Disclaimer: Golden Visa Partners is an investment and immigration advisory firm; it does not provide legal or attorney services. The investment amounts, timelines and program conditions on this page are for general guidance only and, because regulations change quickly, may be out of date. Before making any decision, we recommend consulting current official sources and obtaining independent legal and financial advice.

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