Temporary residence permit for investors
company capital or state fund
Since 15 September 2026, the real estate and bank deposit investor routes are no longer in the Immigration Law. Investors can still get a permit for up to two years by investing at least EUR 50,000 in the share capital of a small company (or EUR 100,000 in a larger company) and paying EUR 10,000 to the state budget. The company must then pay at least EUR 40,000 (or EUR 100,000) in taxes each year. A new route allows a permit of up to five years for investing EUR 150,000 for at least five years with a state-established alternative investment fund manager, plus EUR 10,000.
Life in Latvia
Money
3
Currency
Euro
EUR
Euro
Cost of living
62
Price level · US = 100
World Bank price levels, 2025
Tax
25.5–33%
Income tax (national)
VAT 21%
33% on annual income above EUR 105,300, plus an extra 3% on income above EUR 200,000; a differentiated non-taxable minimum applies.
Living
1
Happiness
#46 of 145 countries
World Happiness Report 2025
Your edge here Members
What gives you an edge here: passports, visas and permits you hold, work, study, language and family ties
Who it’s for
Non-EU investors in Latvian companies or in the state investment fund.
Eligibility
Small companyCompany route
Invest at least EUR 50,000 in the share capital of a small company that meets the size and tax limits.
Small company limits
- Share capital
- EUR 50,000
- Employeesno more than
- 50
- Turnover or balance sheetnot over
- EUR 10 million
- Investors per companymaximum
- 10
- Company taxesat least, each reporting year
- EUR 40,000
- Applies to the company route
- Legal basis: s. 27(1)(10)(a)
Official wording
At least EUR 50,000 in share capital of a company with no more than 50 employees and turnover or balance sheet not over EUR 10 million; max 10 investors per company; the company must pay at least EUR 40,000 in taxes each reporting year (s. 27(1)(10)(a)).
Large companyCompany route
Invest at least EUR 100,000 in a large company with Latvian subsidiaries that meets the size and tax levels.
Large company levels
- Investment
- EUR 100,000
- Employees
- more than 50
- Turnover or balance sheet
- over EUR 10 million
- Company taxesat least, per year
- EUR 100,000
- Applies to the company route
- Legal basis: s. 27(1)(10)(b)
Official wording
At least EUR 100,000 in a company (with Latvian subsidiaries) employing more than 50 people with turnover or balance sheet over EUR 10 million; taxes of at least EUR 100,000 a year (s. 27(1)(10)(b)).
State fundFund route
Sign a contract and transfer at least EUR 150,000 for at least five years to a state-established alternative investment fund manager.
State fund investment
- Transfer
- EUR 150,000
- Duration
- 5 years
- Applies to the fund route
- Legal basis: s. 27(1)(36)
Official wording
Contract and transfer of at least EUR 150,000 for at least five years with a state-established alternative investment fund manager (s. 27(1)(36)).
A sneak peek at what's inside
- Next requirementState payment
- Document checklistProof of investment
- FeesState budget payment (first permit)
The full requirements are for members
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- 2 more requirements
- 3 documents
- 2 fees
- 4 steps
- Processing times and conditions
Places to visit in Latvia
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Other routes to Latvia
- Visit & tourismShort-stay Schengen visa or visa-free visit to Latvia
- StudyTemporary residence permit for full-time studies
- Work permitsTemporary residence permit for employment
- Permanent residencePermanent residence permit
- FamilyTemporary residence permit for spouses and children of Latvian citizens, non-citizens and permanent residents
- CitizenshipLatvian citizenship by naturalisation