Latvia · Residency by investment
Temporary Residence Permit for Share Capital Investors
This is the only investment route that survives the new Immigration Law. Once that law commences, though, it gets downgraded from five-year to two-year permits.
At EUR 50,000, this is the cheapest headline investment-residence figure in the EU, and it is the one Latvian route with a legislated future. Paired with Latvia's 0% tax on retained corporate earnings, it makes a coherent case for an operating business. But it only works for someone who actually wants to run a Latvian company.
Qualifying routes
Company with up to 50 employees and turnover or balance sheet up to EUR 10m. This tier allows a maximum of 10 foreigners per company.
Company with over 50 employees and turnover or balance sheet over EUR 10m
The group must exceed 50 employees and EUR 10m combined
The facts
- Minimum investment
- €50k
- Total landed cost
- EUR 50k-100k equity plus a EUR 10,000 state budget payment plus incorporation and ongoing compliance costs
- Route type
- Residency by investment
- Timeline
- 1–3 months (PMLP standard processing)
- Physical presence
- None required for the permit. PR still requires real residence.
- Family
- SpouseMinor childrenDependent family members
- Permanent residency
- 5 years, subject to the 4-of-5-years physical presence test and A2 Latvian
- Citizenship
- 5 further years holding PR, so roughly 10 years total.
- Language test
- Latvian language, history and Constitution exams
- Dual citizenship
- Not permitted. You would have to renounce.
- Requirements
- EUR 10,000 payment into the state budgetSubsistence of EUR 500 per monthA clean criminal record and a documented source of fundsGenuine business activity
- Permits drop from five years to two once the new law commences. That roughly triples renewal friction and cost.
- The EUR 10,000 state payment is 20% of a EUR 50,000 investment. That puts the effective entry price at EUR 60,000.
- PMLP scrutinises whether the company is a genuine operating business. A shelf company with no activity will not survive renewal.
- The EUR 50,000 tier caps out at 10 foreigners per company. Promoters who keep recycling the same company will eventually hit that ceiling. Check how many permits the target company already carries before you commit.
- Russian and Belarusian citizens are barred from investment-based permits under the June 2026 amendments.
- The brief's tax payment condition does not appear anywhere in current PMLP text. The only requirement on record is the EUR 10,000 budget payment. If an advisor claims there is a corporate-tax-paid test, verify it directly with PMLP before you rely on it.