Residency & Golden Visas / Latvia / Route
Latvia · Residency route
The only Latvian investment residence route that survived the September 2026 Immigration Law. €50,000 into a small company, plus a €10,000 state fee.
Last updated: 2026-10-01
Programme overviewنظرة عامة
Advising UAE residents on European residency from our Dubai office.
Overview
Share capital of €50,000 in a small Latvian company, or €100,000 in a larger one, plus a €10,000 state fee, qualifies you for a Latvian residence permit.
This is now the only Latvian investment residence route. The new Immigration Law, in force 15 September 2026, abolished the real estate and bank subordinated-liabilities routes. The permit it grants runs two years, reduced from five.
One thing to settle before you start
These are residency programmes, not citizenship. That distinction matters more for an Indian passport holder than for most, because India does not permit dual citizenship: under Section 9(1) of the Citizenship Act 1955, voluntarily acquiring another citizenship ends your Indian citizenship automatically.
Holding European residency does not affect your Indian citizenship at all. Only naturalising would. So the residence permit is the safe part; the decision point comes years later, if and when you choose to naturalise.
Talk to a European residency consultant in Dubai
XIPHIAS Immigration has guided families into Europe since 2009, and our Dubai team works with UAE residents. We were named Best Immigration Consultant by The Times of India in 2022. Our immigration consultants in Dubai will take you through the current rules, costs and timeline.
Sources
- PMLP — the new Immigration Law: main changes and requirements (in force 15 September 2026)
- Latvijas Republikas tiesību akti — likumi.lv
Verified against government and EU sources on 30 September 2026.
What you getالمزايا
Entry from €50,000 share capital in a small Latvian company (€100,000 for a larger one), plus a €10,000 state fee.
Temporary residence permit issued for 2 years under the Immigration Law in force from 15 September 2026.
Visa-free travel within the Schengen Area while the permit is valid — Latvia is a Schengen member.
Family inclusion: spouse and dependent children under 18.
Investment & costsالتكاليف
Qualifying investment
Share capital — small Latvian company
Before application submission · Minimum share capital in a small Latvian company.
Share capital — larger company or group with subsidiaries
Before application submission · Minimum share capital for a larger company or a group with subsidiaries.
State fee
On application/approval · Paid to the state budget, on top of the share capital.
Figures are indicative and exclusive of professional fees. Your advisor confirms an exact, written cost breakdown for your family size.
Eligibilityالأهلية
Requirements
Applicant ≥ 18 years old.
Clean criminal record required.
Third-country national (non-EU) status required.
Legally married spouse may be included; dependent children under 18 may be included.
Share capital of at least €50,000 in a small Latvian company, or €100,000 in a larger company or group with subsidiaries, plus the €10,000 state fee.
Satisfactory source-of-funds documentation and due diligence.
Who cannot apply
Conviction for serious criminal offences.
Adverse immigration history (fraud or prior deportation).
Incomplete or falsified financial documentation.
Funds derived from illicit activities.
The processكيف نعمل
Select strategy & prepare corporate docs
Choose business investment target and prepare company documents.
Compile personal & financial documents
Translate/notarise identity, financial and compliance papers as required.
Pre-screening & due diligence
Submit preliminary file for AML and source-of-funds verification.
File with OCMA / mission abroad
Submit residence application and pay government fees.
Biometrics & D-type visa
Attend biometrics; obtain entry visa if applicable.
Registration & residence card
Register in Latvia, receive temporary residence permit, maintain investment.
Renewals & progression
Sustain qualifying investment; later apply for PR and citizenship when eligible.
Risk notes
Latvia's new Immigration Law, in force 15 September 2026, abolished the real estate and bank subordinated-liabilities routes. This company route is what remains.
The residence permit now runs 2 years, reduced from 5. Budget for renewals sooner than older material suggests.
A €10,000 state fee applies on top of the share capital.
The €150,000 alternative investment fund route in the new law is not yet usable — the fund has not been established.
PMLP's own investment pages are still dated April 2022 and describe abolished routes. Work from the new law.
Compliance
Share capital of €50,000 in a small Latvian company, or €100,000 in a larger one.
A state fee of €10,000 applies.
Residence permit duration: 2 years under the new Immigration Law, in force 15 September 2026.
Latvia is a Schengen member. Naturalisation requires 5 years' residence, Latvian language and civics exams, and evidence of legal income.
Questionsأسئلة شائعة
This route, answered.
€50,000 of share capital in a small Latvian company, or €100,000 in a larger company or group with subsidiaries, plus a €10,000 state fee.
Start the Latvia route.
A senior advisor will confirm the exact costs, timeline and documents for your case — privately, and entirely off the record.