Located along the Baltic coast within Europe's Schengen Area, Latvia boasts Riga as its capital, a city with roots dating back to 1201 and recognized as a UNESCO World Heritage Site. With roughly half of its land adorned by forests, Latvia presents abundant nature trails and parks for exploration. The country also facilitates strong transportation and cultural connections with both Western Europe and Russia

LATVIA

brown concrete building
brown concrete building
photo of cathedral view
photo of cathedral view

Requirements of Latvia residence by investment;

To obtain a residence permit through the Latvia Residence by Investment Program, applicants are required to fulfill the following requirements:

  • Commit EUR 50,000 into the equity capital of a Latvian company (provided that the company annually pays at least EUR 40,000 in taxes)

  • Make a one-time payment of EUR 10,000 to the state budget

    In addition, applicants should demonstrate the availability of funds to maintain their family’s standard of living without having to seek social assistance from the Latvian government:

    • EUR 15,480 per year for a single main applicant

    • EUR 20,640 per year for a main applicant and spouse

    • EUR 22,188 per year for a married couple with one child

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