Private guidance for global citizenship, residence and Canadian immigration matters.
Latvia Temporary Residence by Investment
Latvia offers temporary residence through qualifying company capital or real estate. CIPS reviews the route, the company’s tax position and the fact that this is not permanent residence at the outset before any funds are committed.
Program Type
Temporary residence
Minimum Investment Required
EUR 60,000
Minimum Stay Required
No minimum stay to renew; annual visit to confirm the investment
Family Inclusion
Spouse and minor children. Age, dependency and relationship rules are checked for each person.
Why consider Latvia
A lower published entry point than most European residence programs
The right to live, work and study in Latvia, plus visa-free travel in the Schengen Area
No minimum stay to renew the temporary permit
Permanent residence and citizenship are later, separate processes
Qualifying routes
Company capital route from EUR 60,000, typically EUR 50,000 in equity plus a EUR 10,000 state payment, subject to the company’s tax-paid test
Real estate from EUR 250,000 plus a state fee
Additional government, due diligence, legal, property, transfer, tax and professional costs apply. The figure above is the published program floor, not the amount the client should budget. Review the structure before any funds are committed.
How an application proceeds
Confidential consultation and preliminary suitability review
Initial due diligence and review of family eligibility
Selection and verification of the qualifying route
Collection, certification and translation of supporting documents
Submission through the appropriate authorized local channel
Government review, due diligence and any request for further information
Collect the temporary residence card in person. Confirm the investment each year. Permanent residence is a later application.
What every applicant must be able to show
Valid identity and civil-status documents
A clean and fully disclosed personal background
Evidence supporting lawful source of funds and source of wealth
Completion of the qualifying contribution, investment, income or asset requirement
Medical, insurance, address, biometrics or other program-specific evidence where required
Ongoing compliance with holding periods, visits, renewals and reporting obligations
Practical notes
This program issues temporary residence, not permanent residence.
Permanent residence after five years requires actual residence in Latvia, language and civic tests.
A new Immigration Law has been advancing in 2026. Some routes and permit lengths may change. Confirm the law in force on the filing date.
Citizenship is a separate naturalization process and usually requires giving up the other citizenship, subject to limited exceptions.
Questions
Is this an immediate passport?
No. This program gives a right to reside. Any later citizenship process is separate.
Who can be included?
Spouse and minor children may be included. Each person is assessed separately.
Is the published minimum the total cost?
No. Government fees, due diligence and professional costs sit on top.
Do I have to live there?
There is no minimum stay to renew the temporary permit. An annual visit is required to collect or confirm the card and the investment.
How does CIPS help?
We clarify objectives, compare routes, prepare the file for due diligence and coordinate with the qualified local professional who files the application.