Latvia Citizenship
The Baltic nation of Latvia is a distinguished part of the European Schengen Area. Its capital, Riga—founded in 1201—is now a UNESCO World Heritage Site. Nearly half of the country remains covered in forests, parks, and scenic nature trails. Nestled snugly between Russia and Western Europe, Latvia is more than a dot on the map; it sits at the meeting point of cultures and keeps trade moving across the region.
Flyway Visas can guide you through getting a Latvia citizenship by investment. Whether you are drawn by Latvia's lively economy, its deep history, or its handy Northern European address, securing either status lets you travel, work, and settle almost anywhere in the Schengen zone.
To earn residency by investment, you must choose one of the routes below and prove you can support yourself financially:
Put at least €50,000 in a Latvian firm and make sure the company pays roughly €40,000 in taxes every year.
Also, pay a one-off €10,000 fee into the state budget.
Buy property worth no less than €250,000.
Then settle a state duty equal to 5 percent of the sale price.
Main applicant: shows income of around €15,480 a year.
Principal applicant plus spouse: total income of €20,640.
Family of three (couple plus one child): €22,188.
Once your files are cleared, the review time for the Latvia residency by investment program sits between thirty and ninety days. People granted the visa, plus their spouse and dependent children, are handed a temporary ID card. You must set foot in Latvia within three months of the decision, or the approval lapses. The permit lasts five years, but the ID needs a fresh stamp every twelve months. Remarkably, no set number of days in the country is required to keep the card alive.
After holding the residency for five years, you can ask for a Latvian passport or switch to permanent status; the choice is yours. To succeed, you still need to meet these benchmarks:
With Flyway Visas, one can open the gateway to Europe via Latvia Golden Visa. This investment-residency program provides high-net-worth individuals and their families with the shortest path to living, working, and traveling in the Schengen Zone. Minimum investment in real estate or business affords you visa-free travel to more than 25 European countries, tax advantages, and a secure future for your loved ones. Flyway Visas assists with every step of the way; your journey to Europe begins here!
The Latvia Golden Visa provides a secure path to EU residence, offering both flexibility and long-term opportunities.
The business investment path requires a minimum capital outlay of €60,000, which includes a €50,000 investment into the equity capital of a Latvian company and a €10,000 one-time payment to the state budget.This path suits anyone wanting to run a business in Latvia or simply hold shares from a distance.
Investing through property means buying real estate here for at least 250,000 euros and adding a 5 percent state duty on that price. Because there is no day-to-day management, this route attracts people who prefer a quieter, hands-off commitment. You still need to prove regular income each year, yet cash can move quickly by selling the asset once demand and prices suit you.
Which option you pick should match your own goals and finances first. To get involved, steer decisions, and possibly chase bigger short-term gains, the business route calls. If owning bricks and mortar while letting professionals handle upkeep sounds better, real estate speaks to you. Either way, both paths grant residency through investment and, with the right stays and rules kept, can open the door to Latvian citizenship later on.
Get started with Flyway Visas’ Latvia residency by investment scheme today and unlock fresh European possibilities. Whether you seek temporary status, or the Latvia Golden Visa, our Flyway Visas team stands ready to steer you. Reach out now and take the first step toward your new future in Europe.