African entrepreneurs: your gateway to Europe
Portugal closed its Golden Visa. Latvia is the best alternative: 50,000 EUR investment, francophone advantage, access to 27 Schengen countries, 0% corporate tax on reinvested profits.
Why Latvia for African entrepreneurs?
Latvia is today the best European option for African entrepreneurs seeking lasting access to the European market.
Portugal closed, Latvia is open
Portugal ended its Golden Visa programme in 2023. Latvia offers the same European framework for 50,000 EUR, ten times less than Portugal's former requirement of 500,000 EUR.
Francophone advantage
Our team works entirely in French. Entrepreneurs from Francophone Africa (Senegal, Ivory Coast, Cameroon, Congo, Mali...) face no language barrier in their European journey.
0% corporate tax on reinvested profits
Unique EU system: no corporate tax as long as profits remain in the company. Ideal for growing entrepreneurs reinvesting their European revenues.
Accessible from African capitals
Riga is accessible from all major African capitals via Paris, Amsterdam or Frankfurt hubs. Our team can advise on the best connections from your city.
No minimum stay required
Continue your activities in Africa while holding EU resident status. The Latvian permit requires no minimum presence on the territory. Live between two continents.
EU citizenship after 5 years
After 5 years, you can apply for Latvian naturalisation and obtain an EU passport with visa-free access to 180+ countries.
From Africa to Europe: your journey
A fully remote process. You do not need to travel for most of the procedures.
Consultation in French
Call with our francophone team. We analyse your situation, your activity and choose the most suitable residence programme together.
SIA company formation
Your Latvian company is formed within 48 hours. EU VAT number, registered address in Riga, articles in English. Your European structure is active.
Residence application
Our team prepares your complete Golden Visa or entrepreneur permit file. Management of translations, apostilles and official submissions.
Permit granted
Your Latvian residence permit is issued. You now have access to the entire Schengen area and hold a legal status within the European Union.
Africa-Europe bridge
Your European company is operational. You operate between your home country and Europe with a significant fiscal and legal advantage.
Latvia: the new preferred destination for African entrepreneurs
Why Latvia has become a strategic choice
The closure of Portugal's Golden Visa programme in 2023 redirected demand towards other European options. Latvia emerged as the best alternative: same EU legal protection, same Schengen access, but with an investment ten times lower and no obligation to stay.
For Francophone African entrepreneurs, Latvia offers an additional advantage: our entirely francophone team allows you to navigate European administrative complexity in your own language.
Francophone Africa: key advantage
Senegal, Ivory Coast, Cameroon, Gabon, Congo, Mali, Togo... Entrepreneurs from Francophone Africa benefit from full-language support throughout the entire process with no language barrier.
Africa-Europe trade
Your Latvian SIA is the ideal platform for your African exports to Europe and your European imports to Africa. Intra-EU VAT, European contracts, European banking.
Frequently asked questions
No. The Latvian residence permit requires no minimum stay. You can maintain your activities in Africa while holding EU resident status and full Schengen access. This is one of the most appreciated aspects among our African clients.
Yes. Portugal ended its Golden Visa programme for new investors in 2023. Latvia is one of the best alternatives: same European framework, same Schengen access, but with an investment of just 50,000 EUR compared to 500,000 EUR that Portugal required. The Latvian programme is active and accepts applications from African nationals.
Yes. Riga is accessible from all major African capitals via the hubs of Paris (CDG), Amsterdam (AMS) or Frankfurt (FRA). Journey times are generally 7 to 12 hours depending on your departure city. Our team can advise you on the best connections and logistics for your first trip to Riga.
Establish your presence in Europe
Book a free call with our francophone team and discover the best path to your European residence permit.