Citizenship Bay

Latvia

Investment Options for Latvia Residency

Latvia residency program requires investing in a business . There are two available options based on the size of the company:

 

Investment Amount

Company Size (Employees)

Annual Turnover

Option 1At least €50,000Fewer than 50Below €10,000,000
Option 2At least €100,000More than 50Exceeding €10,000,000

In both options, an additional government fee of €10,000 and application fees mentioned below are required.

Application Fees

Standard (within 30 days)

€160 per person

Accelerated (within 10 working days)

€280 per person

Urgent (within 5 working days)

€560 per person

Consular Service Charge (applicable If the application is submitted through an embassy or consular mission abroad

€140 (approx.) per person

In addition, other fees associated with the application that should be paid include legal expenses, professional fees, document legalization, and other miscellaneous costs.

Latvia residency program requires purchasing a real estate property in the Latvian market and hold it for 5 years.

Investment Amount

€250,000

Government fees paid once

5% of the property price

Application Fees

Standard (within 30 days)

€160 per person

Accelerated (within 10 working days)

€280 per person

Urgent (within 5 working days)

€560 per person

Consular Service Charge (applicable If the application is submitted through an embassy or consular mission abroad

€140 (approx.) per person

In addition, other fees associated with the application that should be paid include legal expenses, professional fees, document legalization, and other miscellaneous costs.

Latvia residency program requires making a fixed-term deposit of €280,000 in a Latvian bank for five years with no withdrawals allowed during this period.

Application Fees

Deposit amount

€280,000

State Fee

€25,000

Standard (within 30 days)

€160 per person

Accelerated (within 10 working days)

€280 per person

Urgent (within 5 working days)

€560 per person

Consular Service Charge (applicable If the application is submitted through an embassy or consular mission abroad

€140 (approx.) per person

In addition, other fees associated with the application that should be paid include legal expenses, professional fees, document legalization, and other miscellaneous costs.

Latvia residency program requires making an investment of at least €250,000 in Latvian government bonds and hold it for 5 years.

Investment amount

€250,000

State fee

€38,000

Application Fees

Standard (within 30 days)

€160 per person

Accelerated (within 10 working days)

€280 per person

Urgent (within 5 working days)

€560 per person

Consular Service Charge (applicable If the application is submitted through an embassy or consular mission abroad

€140 (approx.) per person

In addition, other fees associated with the application that should be paid include legal expenses, professional fees, document legalization, and other miscellaneous costs.

Other requirements:

  • The main applicant and all dependents included in the application must have valid health insurance with medical cover in Malta.
  • At the time of application, the main applicant must prove that he or she has assets of at least €500,000, of which €150,000 must be in monetary financial assets such as savings, bank deposits, stocks and bonds.

Learn more about Latvia

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