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Investment Migration Portfolio

Latvia

Minimum Investment

EUR 60,000

Timeline for Citizenship

10 years

Citizen Visa Free Access

170+ Countries

Dual Citizenship

Allowed

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Latvia Residency by Investment
Location & Geography

About Latvia

Latvia is a Baltic nation in Northern Europe, known for its rich history, natural landscapes, and strong cultural heritage. A member of the European Union, NATO, and the Schengen Area, Latvia offers a stable economy, modern infrastructure, and a high standard of living. Its capital, Riga, is a regional hub for business, technology, and education, blending historic charm with contemporary growth.

Capital:

Riga

Population:

1.9 million

Currency:

Euro (EUR)

Language:

Latvian

GDP:

€45 billion

Government:

Parliamentary republic

Legal Framework

Program Regulations

Latvia’s Residency by Investment Program is regulated under the country’s Immigration Law and administered by the Office of Citizenship and Migration Affairs (OCMA). Introduced in 2010, the program allows non-EU nationals to obtain a temporary residence permit through qualifying investments. The residence permit is issued and renewed in accordance with Latvian legislation and EU standards, ensuring legal transparency, compliance, and alignment with Latvia’s national and European Union regulatory framework.

Program Benefits

Investment beyond borders, unlocking a world of professional and personal freedom.

Fast Processing

Applications are processed quickly, with residence permits often issued within a few months.

Visa Free Travel

Latvian residency allows visa-free travel across the Schengen Area for 90 days in any 180-day period

Flexible Residency

No minimum stay requirements in Latvia to maintain residency.

Low Investment Thresholds

Latvia offers the most affordable residency program in the European union.

Family Inclusion

Applicants can include a spouse and dependent children in one application.

Investment Options

Equity Investment

An investment in a Latvian company

Minimum Investment EUR 50,000
One Time State Fee EUR 10,000
Additional Fees Apply
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Bank deposit

A deposit into a subordinated bonds of a Latvian bank (returns up to 8% per annum)

Minimum Deposit EUR 280,000
One Time State Fee EUR 25,000
Additional Fees Apply
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Real Estate Investment

An investment in a real estate property in Latvia.

Minimum Investment EUR 250,000
One Time State Fee 5%
Additional Fees Apply
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Application Process

1

Consultations with 360 Horizon

Meetings with 360 Horizon advisors to assess eligibility, review investment options, costs, and outline the full program process.

2

Application preparation & Investment

Preparation includes source of funds clearance with Latvian banks and proof of the qualifying investment.

3

Submit Application

Preparation includes source of funds clearance with Latvian banks and proof of the qualifying investment.

4

Approval, D Visa, & biometrics

When the application is approved, applicants can obtain a 90-day D visa to enter Latvia for biometrics and residency permit issuance.

5

Residency permit issuance

The residency cards are issued after biometrics are completed and applicants can collect their cards.

6

Annual renewal

The residency cards are issued for 1 year and can be renewed annually in Latvia. Renewals take up to 5 working days.

Eligibility Requirements

The program is designed for investors of high character and financial standing. The following criteria must be met for a successful application.

Source of funds documentation is an important
part of the application

Clean criminal record

Make a qualifying investment.

All required non-refundable state fees
must be paid

Knowledge Base

Frequently Asked Questions

Applicants can purchase any completed real estate property in Riga or anywhere within 50 km of Riga.

spouse (no partners), children under 18 only, no dependent parents acceptable.

The company must be paying more than 40k EUR taxes annually, and cannot have more than 50 employees, with an annual turnover of less than 10 million EUR. 360 Horizon will provide applicants with a list of businesses that qualify.

All funds must be transferred directly from the main applicant’s personal bank account.

For permanent residency in Latvia, residents must spend at least 8 months per year in Latvia for 8 years. For citizenship, residents must live in Latvia for 10 years to become eligible to apply. For both permanent residency and citizenship, residents must pass a Latvian B1 language exam

All 29 Schengen countries, which include, Austria, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland

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