Latvia•EuropeGolden Visa - Business Investment (Investīciju uzturēšanās atļauja - uzņēmējdarbība)
At a Glance
Varies
EUR €80
Varies (For meetings, conferences, and short-term business activities)
Not renewable
Renewal
Not renewable
Family
Not specified
PR Pathway
Yes
Sponsor
No job offer needed
Work
Remote not required
Overview
Investment-based residence permit for investing at least €50,000 in a Latvian company's equity capital with minimum annual tax payments, valid for 5 years and renewable.
The Golden Visa through Business Investment is a residency-by-investment program designed to stimulate the Latvian economy by attracting foreign capital into the share capital of local companies. Established as part of Latvia's broader investment immigration framework, this route fills the gap for investors who prefer active participation in the business sector over passive investment options like real estate or government bonds. It requires a minimum investment of €50,000 into a company that meets specific operational criteria, including turnover and employee limits, ensuring that the capital supports small and medium-sized enterprises.
This visa is for international investors who want to secure European residency while actively investing in a Latvian business. It is ideal for entrepreneurs who wish to hold an equity stake in a company and contribute to its growth. The program is distinctive because it offers one of the most affordable entry points for EU residency by investment. To maintain the permit, the company must demonstrate genuine economic activity, including meeting specific annual tax payment thresholds, which ensures that the investment leads to tangible benefits for the Latvian state and local economy.
Conversion Paths
Visas you can typically switch to from this status.
LatviaPermanent Residence Permit (Pastāvīgās uzturēšanās atļauja)
Requirements
PUBLISHED REQUIREMENTS
Must be a non-EU/EEA citizen.
Invest at least EUR 50,000 in the equity capital of a Latvian company.
The company must have no more than 50 employees.
The company must have an annual turnover or balance not exceeding EUR 10 million.
The company must pay at least EUR 40,000 in taxes annually.
Must make a one-time non-refundable donation of EUR 10,000 to the Latvian state budget.
KEY CRITERIA
Investment
50,000 EUR
REQUIRED DOCUMENTS
Valid passport.
Proof of investment (share capital contribution).
Proof of payment of the EUR 10,000 state donation.
Clean criminal record certificate.
Proof of sufficient financial means for family maintenance.
Health insurance policy.
Visa application fee (EUR 80).
Advantages & Considerations
Key Benefits
- Visa-free travel within the Schengen Area.
- No minimum physical presence requirement (only annual renewal visits).
- Includes spouse and dependent children.
- Pathway to permanent residency after 5 years.
- Relatively low investment threshold compared to other EU Golden Visas.
Worth Knowing
- Investment must be maintained for the duration of the permit.
- The company must meet strict annual tax payment requirements.
- The investment is a capital placement and may not offer immediate financial returns.
- Requires annual renewal of the residence permit card.
Application Process
Prepare business documents
Gather invitation letter from Latvian company, conference schedule, business meeting details
Complete application form
Fill out visa application form online and print with signature
Submit application
Apply at Latvian embassy, consulate, or VFS Global service center
Biometric data collection
Provide fingerprints
Pay visa fee
Pay EUR 80 application fee
Await decision
Visa decision within 15 calendar days
Related visas
More visas in Latvia
Investment visas in other countries
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