Residency of Latvia
by Investment

The Latvia residence by investment program offers individuals and families an opportunity to secure European residency through a flexible and investment-friendly pathway. Located in Northern Europe along the Baltic Sea, Latvia is known for its scenic landscapes, stable economy, modern infrastructure, and high quality of life. From excellent healthcare and internationally recognized education to a welcoming environment and affordable living costs, Latvia continues to attract global investors looking for greater mobility and long-term opportunities in Europe.

Through the Latvia residence by investment program, applicants can obtain temporary residency with renewable options while enjoying access to the Schengen Area. The program allows investors and their eligible family members to live, work, and study in Latvia without strict physical residency requirements. Whether your goal is international business expansion, family security, or greater travel freedom, Latvia presents a practical and attractive residency solution.

Latvia Residence by Investment Overview

The Latvia residence by investment program provides a streamlined route to European residency through several qualifying investment options. Investors can choose between contributing to a Latvian business, making a bank deposit, purchasing real estate, or investing in approved financial instruments. The program is designed to offer flexibility while giving applicants access to the advantages of living within the European Union.

One of the major benefits of Latvia residency is the ability to travel freely across the Schengen Area. In addition, successful applicants and their dependents can legally reside in Latvia and benefit from its modern lifestyle, reliable healthcare system, and respected educational institutions. Latvia’s strategic location between Eastern and Western Europe also makes it an appealing destination for entrepreneurs and international business professionals.

PROCESSING TIME

• 3-4 months

VISA FREE COUNTRIES

• Visa free access to the Schengen Area

INVESTMENT TYPE

• Equity investment in a Latvian company, Bank deposit, Government bond
• Make a deposit into subordinated loans or bank bonds.
• Real Estate Investment

INVESTMENT AMOUNT

• Minimum of EUR 50,000 PLUS EUR 10,000 donation in Equity investment
• Minimum of EUR 280,000 in Bank Deposit
• Minimum of EUR 250,000 in Real Estate

DEPENDENTS FAMILY

• Spouse, children under the age of 18

KEY BENEFITS

• Right to live, study and work in Latvia
• Freedom of movement in Europe’s Schengen Area and EU
•Retain residency without physical presence obligation

Investment type and amount

1- Investment in a company, bank deposit or government bond

  • EUR 50,000 PLUS
  • EUR 10,000 donation PLUS
  • Proof of available fund
    • EUR 15,500 per year (Single Applicant)
    • EUR 21,000 per year (Up to a family of 2)
    • EUR 22,500 per year (Up to a family of 3)

The company should annually pay at least EUR 40,000 in tax to be eligible for investment.

Five years hold

2- Real Estate Purchase – Residential/Commercial Property

  • Minimum EUR 250,000
  • 5% of Real Estate Price Government fee

3- Bank Deposit

  • Minimum EUR 280,000
  • EUR 25,000 Government fee

Why Choose MICS Global for Your Residency in Latvia?

MICS Global provides professional guidance throughout every stage of the Latvia residence by investment program. Our team works closely with clients to identify the most suitable investment pathway based on their personal, family, and business goals. From document preparation and compliance checks to application submission and approval support, we focus on making the process smooth and efficient.

With extensive experience in investment migration services and strong local partnerships, MICS Global offers practical solutions tailored to each client’s situation. We understand the importance of accuracy, transparency, and timely communication throughout the residency application journey.

Our dedicated specialists assist with every detail, including legal documentation, financial requirements, and residency procedures, helping clients navigate the process with confidence. Whether you are seeking greater global mobility, long-term European residency, or new international opportunities, MICS Global is committed to supporting your goals professionally and efficiently.

With years of experience and trusted local partnerships, we streamline every step of your journey, from documentation to final approval. Whether you’re seeking Schengen Area access, long-term residency, or business opportunities in Europe, MICS Global delivers tailored solutions to help you achieve your goals effortlessly.

Lativa Flag Map

Timeline

After retaining MICS and paying its initial professional fee, the first step is to sign the Power of Attorney (POA) document.

Then, MICS processing team will provide the applicant with a precise list of civil and financial documents required by the government and provide health insurance.

The applicant should make the required investment by investing in the equity capital of a company, purchasing real estate or making a bank deposit.

The MICS legal team will review the documents and financial sources as the client should provide evidence of financial means to support himself/herself and his/her family members.

MICS will submit the complete application package to the Office of Citizenship and Migration Affairs. This is when the administration and application fees will be due.

After approval, the client should pay the one-time donation to the state budget in the equity capital of a company or make the bank deposit. In case of property purchase, make the complete investment.

The client must travel to Latvia within 3 months with his/her dependent family members for in-person biometric collection and obtaining residence cards in the form of ID cards.

Depending on the country of residence, the clients may need visitor visas to enter Latvia and MICS will provide required documents to support this request at the pertinent. This is when the payment of MICS professional fee balance will be due.

LATVIA RECIDENCY’S ADVANTAGES

Latvia VISA FREE COUNTRIES

Visa on arrival *

Online visa **

Contact us today

If you are considering the Latvia residence by investment program, MICS Global is ready to guide you through every step of the process. Our experienced team can help you understand the available investment options, residency requirements, and application procedures while providing personalized support tailored to your goals.

Contact MICS Global today to learn how Latvia residency can create new opportunities for you and your family while expanding your global mobility and European access.

FAQs

Yes. Applicants can include eligible dependents, such as a spouse and children under the age of 18, under the Latvia residence by investment program.

No. One of the major benefits of the Latvia residence by investment program is that there is no strict physical presence requirement to maintain temporary residency status.

Yes. Successful applicants under the Latvia residence by investment program can travel visa-free within the Schengen Area, making international travel across many European countries more convenient.

Yes. Investors may become eligible for permanent residency after meeting the required conditions over several years. Citizenship may also become possible after fulfilling long-term residency and legal requirements.

Many investors choose Latvia because of its affordable living costs, stable economy, quality healthcare system, modern infrastructure, and strategic European location. The country also offers a safe and family-friendly environment.

Yes. The Latvia residence by investment program allows approved applicants and their eligible family members to live, work, and study in Latvia legally.