EU residency through a company
Latvia grants residency to investors who put capital into a Latvian company, from €50K. Your stake is an investment you can sell later, and the permit renews every 2 years.
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Latvia
EU residency through a Latvian company you build or back, with no minimum time in the country, Schengen Area travel, and a path to EU permanent residency if you move.
- Population
- 1.9 million
- Language
- Latvian
- Currency
- Euro (EUR)
- Time zone
- EET (UTC+2, observes DST)
- Capital
- Riga
- GDP per capita
- ~US$23K
No minimum presence
There's no day count for the investor permit, and the 2026 law ended the yearly registration visit. You come to Latvia once to give biometrics.
Tax only on distributed profits
Latvian companies pay no corporate income tax on profits they reinvest. Tax applies when profits are distributed, which suits founders who grow the business first.
Schengen Area travel
Your permit lets you travel the Schengen Area for up to 90 days in any 180. US passport holders already have visa-free Schengen travel.
A path to EU citizenship
If you move to Latvia, 5 years of living there leads to EU permanent residency, and citizenship can follow about 5 years later. Latvia allows dual citizenship with EU and NATO countries.
Forests, beaches, and a medieval capital
Riga's Old Town and Art Nouveau quarter are a UNESCO World Heritage site, Jūrmala's beach is 30 minutes away, and about half the country is forest.
One Route into Latvia
Each route below is a live client engagement we have advised. Figures and timelines reflect the current state of each program; we update them whenever policy moves.
Golden Visa
ResidencyTemporary residency for investors who put at least €50K into the share capital of a Latvian company, plus a non-refundable €10K state payment. No minimum presence, permits of up to 2 years that renew, and a path to EU permanent residency after 5 years of living in Latvia.
Several routes, several ideal profiles. Which is right for you? The Freedom Consult is where we figure out your ideal path forward, and whether Latvia is even the right country.
Get my BlueprintA Taste of Latvia
How much do you need to invest for Latvian residency?
How much do you need to invest for Latvian residency?
At least €50K in the share capital of a Latvian company with up to 50 employees, plus a non-refundable €10K state payment. The company must pay at least €40K/yr in Latvian taxes. A larger company route starts at €100K.
Can I buy property to get residency in Latvia?
Can I buy property to get residency in Latvia?
Not for new applications. The Immigration Law in force from 15 September 2026 closed the real estate and bank routes. New applicants qualify through a Latvian company.
How long until Latvian citizenship?
How long until Latvian citizenship?
After 5 years of living in Latvia, you can apply for EU permanent residency with A2 Latvian. Citizenship can follow about 5 years later, with a Latvian language test.
How does Latvia tax new residents?
How does Latvia tax new residents?
You're a tax resident if you declare your residence in Latvia or spend 183 days or more there in any 12 months, and residents pay 25.5% to 33% on worldwide income. If you're a US citizen, you file US taxes too. We review your position before you move.
Can my family come with me?
Can my family come with me?
Yes. Your spouse and your children under 18 can join you, with no added investment.
Will I have to give up my US citizenship?
Will I have to give up my US citizenship?
No. Latvia allows dual citizenship with EU and NATO countries, including the United States.
Content on Latvia
Deeper coverage of Latvia from the Freedom Files library: Long-form articles and video deep dives.
Sep 7, 202613 min readResidency by Bank Deposit in 2026: 8 Countries Where Moving Your Money Abroad Earns Residency or Citizenship
Move money from a domestic bank account to an international one and walk away with legal residency in 6 countries, and direct citizenship in 2 more. From Ecuador's $48,000 certificate of deposit to Turkey's $500,000 citizenship deposit, here is how residency by bank deposit works in Panama, the Dominican Republic, Ecuador, Latvia, the UAE, Thailand, Egypt, and Turkey, and the currency fine print that decides which fits you.
- Residency
- Citizenship