Latvia

Latvia, a Baltic nation in Northern Europe, is a member of the European Union, the Eurozone, and the Schengen Area. Its capital, Riga, is the largest city in the Baltics and a UNESCO World Heritage Site, known for its Art Nouveau architecture and vibrant cultural life.

Latvia has a stable parliamentary democracy and a growing economy supported by services, manufacturing, and logistics. Since joining the Eurozone in 2014, it has attracted investment through structural reforms and EU funding, strengthening its position as a competitive European economy.

Latvia’s history reflects a blend of German, Swedish, and Russian influences. After regaining independence from the Soviet Union in 1991, it has developed into a modern European state while preserving its cultural identity and historical landmarks.

The country offers a Residency by Investment Program that invites foreign nationals to contribute to the country’s economic development. Through real estate, business, or financial investments, applicants can obtain temporary residency with a path to permanent residence and eventual citizenship. This initiative supports national growth while offering investors access to the EU and Schengen Area.