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🌍 Non-EU passport holders

EU Residence for non-Europeans: Latvia as your gateway

The Latvian Golden Visa is one of the EU's most accessible investment routes. From 50,000 EUR, secure Latvian residence, travel within the Schengen area and build your European business.

50,000 EUR
Minimum investment
2-6 months
Processing time
90/180
Schengen travel
0%
Corporate tax on reinvested profits
Key advantages

Why choose Latvia?

Latvia offers the most advantageous combination in Europe for non-EU entrepreneurs.

Cost

Golden Visa from 50,000 EUR

The cheapest in the EU. Portugal: 500,000 EUR, with real estate excluded since 2023. Greece: 400,000 to 800,000 EUR for most properties. Hungary: 250,000 EUR in a real estate fund. Latvia offers the same European legal protection at a fraction of the price.

Speed

2 to 6 months processing

Standard processing in 2 to 6 months. Fast track available in 2 to 3 months. Everything can be done remotely from your home country.

Mobility

Visa-free Schengen travel

A Latvian permit allows short stays in other Schengen states for up to 90 days in any 180-day period. Your right of residence remains Latvian.

Taxation

0% corporate tax on reinvested profits

Latvia applies a unique system: no corporate tax as long as profits remain in the company. Only distributed dividends are taxed at 20% (nominal rate).

Future

Long-term path to EU citizenship

Naturalisation is not automatic. For a non-EU citizen, the five-year period is counted from permanent residence, with actual residence, language and other conditions to meet.

Flexibility

Presence depends on your route

The 183-day threshold is a tax-residence test, not a universal permit rule. Presence, activity and renewal conditions depend on the route selected.

Steps

Your journey to EU residence

A clear process, guided by our team at every step.

1
Week 1

Initial consultation

Strategy call with our team. We analyse your situation, your passport, your objectives. Together we select the best permit type for you.

2
Weeks 2-4

SIA company formation

We create your Latvian company (SIA) in Riga. Articles of association, commercial register, VAT number. Your European legal structure is in place once the Register of Enterprises registers the SIA, within 1 to 3 business days of filing.

3
Month 1-2

Residence application

Complete preparation of your residence permit application. We manage documentation, certified translations and submissions to Latvian authorities.

4
Month 2-6

Permit granted

Your Latvian residence permit is issued. You may then make short visits to other Schengen states under the 90-days-in-180 rule.

5
Ongoing

Business launch

Your European company is active. We support you with accounting, compliance and business development from Riga.

FAQ

Frequently asked questions

Not necessarily. The 183-day threshold is one of Latvia's tax-residence tests, not a universal rule for keeping a residence permit. Presence, business activity and renewal conditions depend on the route used and must be checked for your case.

The investor route requires at least 50,000 EUR invested in a company's share capital, a 10,000 EUR payment to the State budget and an annual company-tax threshold. The board-member route requires a real management role in a SIA with at least 2,800 EUR paid-up capital and an annual company-tax threshold. From 15 September 2026, both permits are issued for no more than two years.

It stays valid until it expires. The new Immigration Law, in force since 15 September 2026, no longer grants a first permit for buying property or for a deposit with a Latvian bank. To stay on the same basis, the holder files for a new permit while the current one is still valid: it can be granted for up to five years if the conditions are still met and the state payment set by the law is made. Family members follow the same rule.

Yes, in the long term and subject to conditions. For a non-EU citizen, the naturalisation period is counted from permanent residence. Applicants must document five years of actual residence, speak Latvian and satisfy the other statutory requirements.

Last updated: 10 November 2026

Ready to take the next step?

We guide you through every step and answer all your questions.