Residency & Golden Visas / Latvia / Route
Latvia · Residency route
This route is closed. Latvia's new Immigration Law, in force 15 September 2026, leaves the company share-capital route as the only usable investor route.
Last updated: 2026-10-01
Programme overviewنظرة عامة
Advising UAE residents on European residency from our Dubai office.
This route is closed
The government securities route had already been removed from Latvia's Immigration Law before the new Immigration Law, adopted on 20 August 2026 and in force since 15 September 2026, replaced the 2002 Act. The new law does not provide for it.
The new law also ended the real estate and bank routes. The Office of Citizenship and Migration Affairs states it directly: the law no longer provides for temporary residence permits to be granted to purchasers of real estate, or to investors in subordinated liabilities of credit institutions.
No new application can be made on this route. Permits already granted under it remain valid until expiry and are then renewed under the transitional rules of the new law.
A caution worth having: Latvia's own PMLP investment pages are still dated April 2022 and still describe the abolished routes. They are not current; PMLP's notice of 15 September 2026 governs.
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.
What is still available in Latvia
The company share capital route survives: €50,000 into a small Latvian company, or €100,000 into a larger one, plus a €10,000 state fee. Note that the permit now runs two years, not five.
A €150,000 alternative investment fund route exists in the new law, but the fund itself has not been established, so nothing can be invested in it yet.
If Latvia was on your list, the closest live investor-residence routes in Europe are Greece and Hungary.
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.
Risk notes
This route no longer exists. The government securities route was removed from Latvia's Immigration Law before the new Immigration Law (adopted 20 August 2026, in force 15 September 2026) replaced the 2002 Act, and the new law does not provide for it.
XIPHIAS does not accept new applications for this route, because none can be filed.
Permits already granted under this route remain valid until expiry and are then renewed under the transitional rules of the new law.
Latvia's own PMLP investment pages are still dated April 2022 and still describe the abolished routes. Do not treat them as current — the news notice of 15 September 2026 governs.
Compliance
PMLP's wording: the law no longer provides for temporary residence permits to be granted to purchasers of real estate or to investors in subordinated liabilities of credit institutions.
The old Immigration Law is marked 'Zaudējis spēku' (no longer in force) on likumi.lv.
What remains is the company share-capital route — see the business investment page — at €50,000 for a small company or €100,000 for a larger one, plus a €10,000 state fee.
The residence permit granted under the new law runs for 2 years, reduced from 5.
A new €150,000 alternative investment fund route is provided for, but the fund has not been established and the route is not yet usable.
Questionsأسئلة شائعة
This route, answered.
No. The government securities route was removed before the new Immigration Law took effect on 15 September 2026, and the new law does not provide for it.
Start the Latvia route.
A senior advisor will confirm the exact costs, timeline and documents for your case — privately, and entirely off the record.