Introduction
In 2025, Latvia introduced an exciting update to its Investment Golden Visa Program, offering investors a direct pathway to residency in the European Union. Known for its strategic location, low cost of living, and vibrant culture, Latvia has emerged as an attractive destination for entrepreneurs and investors looking for more than just business opportunities—it’s a gateway to Europe.
This blog covers everything you need to know about the new Latvian Golden Visa, including the latest changes, investment options, eligibility criteria, and how to apply.
What Is a Golden Visa?
A Golden Visa is a residence permit or citizenship program offered by several countries to attract foreign investment. In exchange for a qualifying investment, investors and their families receive residence rights, and in some cases, eventual access to citizenship.
This blog covers everything you need to know about the new Latvian Golden Visa, including the latest changes, investment options, eligibility criteria, and how to apply.
Latvia's Golden Visa: What's New in 2025?
Latvia has revamped its Golden Visa program in 2025 to attract more foreign direct investment and stimulate key sectors such as real estate, capital markets, and national development funds. Key updates include:
Lower minimum investment thresholds
Faster processing times
Inclusion of more family members
Expanded investment categories
Source: Latvian Office of Citizenship and Migration Affairs (OCMA)
Investment Options in 2025
Here are the updated investment routes available under Latvia’s Golden Visa:
1. Real Estate Investment
Minimum Investment: €250,000
Requirements: Purchase of property in Riga, Jurmala, or other major cities. Must hold the property for at least 5 years.
2. Investment in Latvian Business
Minimum Investment: €50,000 – €100,000
Conditions: Invest in a Latvian company and pay a minimum annual tax of €40,000. Applicable to companies with 50+ employees or annual turnover exceeding €10 million.
3. Government Bonds or Development Funds
Minimum Investment: €250,000
Processing Fee: €25,000
Funds must be held for 5 years with no interest returns.
4. Bank Deposit
Minimum Investment: €280,000
Conditions: Term deposit in a Latvian credit institution for 5 years, without withdrawal rights.
Eligibility Criteria
To qualify for the Latvian Golden Visa, applicants must:
Be over 18 years of age
Have no criminal record
Provide proof of legal income
Have valid health insurance
Make a qualifying investment
Pass due diligence checks
Family members, including spouses and children under 18, can be included in the application.
Key Benefits of the Latvian Golden Visa
EU Residency: Live, work, and travel freely in Latvia and the Schengen Zone (26 European countries)
Fast Processing: 30–90 days on average
Tax Advantages: Favorable personal and corporate tax policies
High Quality of Life: Clean cities, low cost of living, and access to top education and healthcare
Pathway to Citizenship: Permanent residency after 5 years and potential citizenship thereafter (subject to language and integration tests)
Benefits of the Latvian Golden Visa
EU Residency Rights
Access to Schengen Travel
Attractive Tax System
Family Inclusion (spouse, dependent children)
Pathway to Latvian Citizenship after 5 years
Safe, business-friendly environment
Want to explore more benefits? Visit our Latvia Residency Program page on B-inception.
Step-by-Step Guide with B-inception
Initial Consultation – Tell us your goals
Investment Strategy – Choose from real estate, business, or financial assets
Document Preparation – We handle legal, financial, and government paperwork
Application Submission – Via OCMA or consulate
Residency Permit Issued – Typically within 30–90 days
Why Work with B-inception?
B-inception is a trusted immigration consultancy specializing in residency-by-investment and golden visa programs across Europe. We offer:
Personalized strategy development
Local partnerships in Latvia
End-to-end legal & document support
Transparent pricing
100% application success rate in 2024
Latvia vs Other EU Programs
| Country | Min. Investment | Residency Processing | Path to Citizenship |
|---|
| Latvia | €50,000–€280,000 | 30–90 days | 5+ years |
| Portugal | €250,000+ | 6–12 months | 5 years |
| Greece | €250,000+ | 3–6 months | 7 years |
With its faster approvals and flexible investment types, Latvia is the smart choice in 2025.
Latvia’s updated Golden Visa program is one of Europe’s most accessible residency-by-investment routes. With low thresholds and wide-ranging benefits, it’s ideal for global investors, families, and entrepreneurs.
Partnering with B-inception ensures your journey to European residency is secure, simple, and successful.