Latvia
Country Profile
- Capital: Riga
- Population: Approximately 1.9 million (2025 estimate)
- Area: 64,589 km²
- Major Language: Latvian (official); Russian widely spoken
- Major Religion: Christianity (predominantly Lutheran, Roman Catholic, and Orthodox)
- Life Expectancy: Approximately 75 years (2025 estimate)
- Currency: Euro (EUR)
- Exchange Rate from USD (as of May 2025): 1 USD ≈ 0.91 EUR
Benefits of Latvian Residency
- Schengen Area Access: Visa-free travel within the Schengen Zone.
- No Residency Requirement: No physical presence required to maintain residency status.
- Fast Processing: Applications typically processed within 1–3 months.
- Family Inclusion: Include spouse and dependent children under 18 in a single application.
- Path to Citizenship: Eligibility to apply for permanent residency after 5 years and citizenship after 10 years, subject to residency and language requirements.
- Business Opportunities: Access to a stable economy with opportunities in various sectors.
- Quality of Life: Enjoy a high standard of living, modern infrastructure, and a rich cultural heritage.
Investment Options
Investment Option
Minimum Contribution
Description
Business Investment
EUR 50,000
Invest in the equity capital of a Latvian company that pays at least EUR 40,000 in taxes annually; plus a one-time government fee of EUR 10,000.
Real Estate Investment
EUR 250,000
Purchase real estate property in Latvia; plus a state fee of 5% of the property value.
Financial Investment
EUR 280,000
Invest in subordinated capital of Latvian credit institutions; plus a state fee of EUR 25,000.
Government Bonds
EUR 250,000
Purchase interest-free government bonds; plus a state fee of EUR 38,000.
Note: Additional fees for due diligence, processing, and government charges apply.
Investment Options
Investment Option
Business Investment
Minimum Contribution
EUR 50,000
Description
Invest in the equity capital of a Latvian company that pays at least EUR 40,000 in taxes annually; plus a one-time government fee of EUR 10,000.
Investment Option
Real Estate Investment
Minimum Contribution
EUR 250,000
Description
Purchase real estate property in Latvia; plus a state fee of 5% of the property value.
Investment Option
Real Estate Investment
Minimum Contribution
EUR 280,000
Description
Invest in subordinated capital of Latvian credit institutions; plus a state fee of EUR 25,000.
Investment Option
Government Bonds
Minimum Contribution
EUR 250,000
Description
Purchase interest-free government bonds; plus a state fee of EUR 38,000.
Note: Additional fees for due diligence, processing, and government charges apply.
Contact Us Today
Secondpass Global assists international clients in securing residency and citizenship through tailored investment programs. Contact us today to schedule your personalized consultation.