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🌍 Non-EU passport holders

EU Residence for non-Europeans: Latvia as your gateway

The Latvian Golden Visa is the most affordable in the EU. From 50,000 EUR, secure full Schengen access, establish your European company, and build your future in Europe.

50,000 EUR
Minimum investment
2-6 months
Processing time
27 countries
Schengen access
0%
Corporate tax on reinvested profits
Key advantages

Why choose Latvia?

Latvia offers the most advantageous combination in Europe for non-EU entrepreneurs.

Cost

Golden Visa from 50,000 EUR

The cheapest in the EU. Portugal: 500,000 EUR. Greece and Hungary: 250,000 EUR. Latvia offers the same European legal protection at a fraction of the price.

Speed

2 to 6 months processing

Standard processing in 2 to 6 months. Fast track available in 2 to 3 months. Everything can be done remotely from your home country.

Mobility

Full Schengen access

Your Latvian residence permit opens the doors to 27 European countries. Travel freely, do business anywhere in Europe without a visa.

Taxation

0% corporate tax on reinvested profits

Latvia applies a unique system: no corporate tax as long as profits remain in the company. Only distributed dividends are taxed at 25%.

Future

EU citizenship after 5+ years

After 5 years of permanent residence, you can apply for Latvian citizenship, which grants all the rights of a European citizen.

Flexibility

No minimum stay requirement

Unlike other European countries, Latvia does not impose a minimum stay to maintain your residence permit. Live wherever you choose.

Steps

Your journey to EU residence

A clear process, guided by our team at every step.

1
Week 1

Initial consultation

Discovery call with our team. We analyse your situation, your passport, your objectives. Together we select the best permit type for you.

2
Weeks 2-4

SIA company formation

We create your Latvian company (SIA) in Riga. Articles of association, commercial register, VAT number. Your European legal structure is in place within 48 hours.

3
Month 1-2

Residence application

Complete preparation of your residence permit application. We manage documentation, certified translations and submissions to Latvian authorities.

4
Month 2-6

Permit granted

Your Latvian residence permit is issued. You now have access to the entire Schengen area and hold a legal EU resident status.

5
Ongoing

Business launch

Your European company is active. We support you with accounting, compliance and business development from Riga.

FAQ

Frequently asked questions

No. The Latvian residence permit does not require a minimum stay on the territory. You can maintain your EU residence without any continuous stay requirement, making it one of the most flexible in Europe. This allows you to continue your activities in your home country while holding EU resident status.

The Latvian Golden Visa (50,000 EUR investment + 5,000 EUR state fee) is based on a real estate or capital investment in a Latvian company. The self-employed permit requires 14,000 EUR in startup capital and an active commercial business with a credible business plan. Both grant access to the Schengen area.

Yes. After 5 years of permanent residence in Latvia, you can apply for naturalisation and obtain Latvian citizenship, which is full EU citizenship. This gives you access to all the rights of EU citizens, including free movement in 27 countries, the right to vote in European elections, and visa-free access to over 180 countries.

Ready to obtain your EU residence?

Book a free call with our team and find the best path to your European residence permit.