Why Choose Latvia?
Latvia is a hidden gem in Northern Europe—offering safety, high living standards, and a welcoming business environment. As a member of the European Union (EU) and the Schengen Zone, Latvian residency or citizenship opens doors to 27 EU countries and beyond. With a strategic location, robust infrastructure, and investor-friendly policies, Latvia is becoming a top choice for high-net-worth individuals and entrepreneurs alike.
Understanding Latvia Residency by Investment
Latvia residency by investment is a straightforward path for individuals who wish to live, work, or do business in Latvia, and by extension, in the Schengen Area. The Latvian government introduced its investment immigration program in 2010 to attract foreign capital, and it remains one of the most efficient and affordable options in Europe.
Investment Options:
To qualify for Latvia residency by investment, applicants can choose from several investment routes:
- Real Estate Investment: Purchase property worth at least €250,000.
- Business Investment: Invest a minimum of €50,000 to €100,000 into a Latvian company, depending on its turnover.
- Government Bonds: Purchase special-purpose bonds worth €250,000 (plus government fees).
- Bank Deposit: Make a deposit of €280,000 in a Latvian credit institution for five years.
Each option comes with its unique advantages and eligibility criteria, and Flyway Visas offers personalized guidance to help you choose the best path based on your goals.
Benefits of Latvian Residency:
- Visa-free access to all 27 Schengen countries.
- No minimum stay requirement to retain residency.
- Option to bring family members (spouse and minor children).
- Access to world-class healthcare and education.
- Eligibility for Latvia citizenship by investment after long-term residency.
Latvia Golden Visa: A Smart Investment in Freedom
The Latvia Golden Visa is essentially the country’s residency-by-investment program, offering affluent individuals and families an opportunity to gain residency in exchange for an approved investment. The application process is transparent, quick (usually 30–90 days), and doesn’t require the applicant to relocate permanently.
This program is ideal for global investors, businesspeople, and families looking for:
- Second residency in Europe.
- Asset diversification through real estate or business ownership.
- Tax optimization strategies in a stable EU country.
Flyway Visas helps streamline your Latvia citizenship by investment journey with full-service solutions—from document preparation and legal compliance to local representation and post-arrival services.
From Residency to Latvia Citizenship by Investment
While Latvia does not offer direct citizenship by investment like some other nations, the investment pathway can lead to citizenship through naturalization. Here’s how:
The Journey:
- Temporary copyright (5 years) – via investment.
- Permanent Residency – eligible after 5 years of temporary residence.
- Latvian Citizenship – eligible after 10 years of legal residence (with at least 5 years as a copyright), along with knowledge of Latvian language, history, and constitution.
Even though Latvia does not currently allow dual citizenship (with few exceptions), the rewards of EU citizenship—such as the right to live, work, and study anywhere in the EU—make this path highly attractive for investors and their families.
Why Flyway Visas?
At Flyway Visas, we understand that international migration is a life-changing decision. Our immigration experts offer:
- Personalized consultations
- Legal and compliance support.
- End-to-end documentation assistance.
- Property sourcing and investment advisory.
- Family visa support.
We’re not just about paperwork—we’re about building a strategy that works for you long-term. Our goal is to help you secure a brighter, more secure, and opportunity-filled future in Latvia and the European Union.