A five-year EU residence, built on your own company
Invest in your own Latvian company, keep the capital under your ownership, and live, work and travel freely across the Schengen Area — with full legal support from the first consultation to the residence card.
Latvia's residence-by-investment rules have tightened in recent years. We confirm the current thresholds and conditions in writing for your case before you commit anything — the figures below are indicative, not a promise.
What the programme gives you
Freedom of movement in Europe
Visa-free travel across all Schengen countries, for you and your family.
The right to live and work in the EU
Register a business in Latvia, relocate your company, or work in any EU country.
A pathway to citizenship
After five years you can apply for permanent residence, and later for Latvian citizenship.
The numbers, in full
| Item | Amount | What it means |
|---|---|---|
| Share capital | €50,000 | Invested into your own new or existing company — it remains under your ownership. |
| Annual tax contribution | €40,000 | Taxes and social contributions to the Latvian state, achievable through 4–5 employees or company turnover and VAT. |
| Administrative fee | €10,000 | One-time state and processing fee for the application. |
| Legal & advisory costs | from €20,000 | Depending on family size and complexity — quoted as a fixed price before we start. |
| Residence permit | 5 years | Extendable for another 5 years without limitation; a straightforward annual review applies. |
- Health insurance, the medical examination and certified translations are required — and arranged by us.
- Your spouse and dependent children can be included in the same application.
- From the first consultation to the residence card usually takes several months, depending on documents.
The application, step by step
Consultation & analysis
We review your situation and goals and recommend the workable structure.
Document preparation
Paperwork, translations, insurance and the company set-up itself.
Submission & representation
We handle communication with the Latvian authorities on your behalf.
Residence cards issued
You and your family receive Latvian residence cards valid for five years.
Post-approval support
Renewals, compliance and the day-to-day running of the business.
Frequently asked
Ask us directlyHow long does the whole process take?
From the first consultation to the issuance of the residence permit it usually takes several months, depending on the documents and the investment structure.
Can I include my family?
Yes. The programme allows you to include your spouse and dependent children in the same application.
Are there annual payments or maintenance costs?
Yes — you contribute €40,000 annually in taxes and social security payments to the Latvian state. This includes VAT.
What happens after five years?
You can apply for a permanent residence permit, and later for Latvian citizenship.
Do I have to live in Latvia full time?
No, but the permit requires an annual review and a real, active company. We tell you exactly what presence your case needs.