Latvia · Residency by investment
Temporary Residence Permit for Share Capital Investors
Open
Last verified July 2026
The only investment route that survives the new Immigration Law — but downgraded from five-year to two-year permits once that law commences.
At EUR 50,000 this is the cheapest headline investment-residence figure in the EU, and it is the one Latvian route with a legislated future. Paired with Latvia's 0% tax on retained corporate earnings it is a coherent proposition for an operating business — but only for someone who actually wants to run a Latvian company.
Qualifying routes
€50k
Equity in a small Latvian company
Company with up to 50 employees and turnover/balance sheet up to EUR 10m; maximum 10 foreigners per company on this tier
€100k
Equity in a larger Latvian company
Company with over 50 employees and turnover/balance sheet over EUR 10m
€100k
Equity in a parent company with Latvian subsidiaries
Group must exceed 50 employees and EUR 10m combined
The facts
- Minimum investment
- €50k
- Total landed cost
- EUR 50k-100k equity plus a EUR 10,000 state budget payment plus incorporation and ongoing compliance costs
- Timeline
- 1–3 months — PMLP standard processing
- Physical presence
- None for the permit; PR still requires real residence
- Family
- spouseminor childrendependent family members
- Permanent residency
- 5 years, subject to the 4-of-5-years physical presence test and A2 Latvian
- Citizenship
- 5 further years holding PR
- Language test
- Latvian language, history and Constitution exams
- Dual citizenship
- Not permitted — you would have to renounce
- Requirements
- EUR 10,000 payment into the state budgetsubsistence of EUR 500/monthclean criminal record and documented source of fundsgenuine business activity
What can go wrong
- Permits drop from five years to two once the new law commences, roughly tripling renewal friction and cost.
- The EUR 10,000 state payment is 20% of a EUR 50,000 investment — the effective entry price is EUR 60,000.
- PMLP scrutinises whether the company is a genuine operating business. A shelf company with no activity will not survive renewal.
- The 10-foreigner cap on the EUR 50,000 tier means promoters recycling the same company will hit a ceiling — check how many permits the target company already carries.
- Russian and Belarusian citizens barred from investment-based permits under the June 2026 amendments.
- The brief's 'tax payment condition' could not be found in current PMLP text — only the EUR 10,000 budget payment. Verify with PMLP if an advisor asserts a corporate-tax-paid test.