Considering investing in Latvia and applying for an investor visa? Discover the requirements, process and benefits of this attractive programme. Get all the information you need to turn your investment project into reality.
Latvia Investor Visa: Direct Access to the Schengen Area
The investor visa in Latvia is a golden opportunity for those who want to invest in this dynamic country and also benefit from advantages such as free movement across the Schengen Area. This programme attracts many international entrepreneurs looking to set up or expand their activities in Europe.
For investors, the visa offers a gateway to the European market, while making it easier to settle in a country with a particularly welcoming fiscal and economic environment.
Requirements and Minimum Investment
To obtain an investor visa in Latvia, a key criterion is the minimum required investment. Here are the main requirements to meet:
- A minimum investment of €50,000 must be made in the share capital of a Latvian limited liability company (SIA).
- Investments can also include property purchases or government bonds, each with its own thresholds and conditions.
For more on the best investment options, find out how investing in Latvia can be a winning strategy.
Process and Timeline for Getting the Visa
Applying for an investor visa in Latvia is a structured but accessible process. Here are the essential steps:
- Preparing the investment file, including proof of funds and of the investment.
- Submitting the visa application at a Latvian embassy or consulate.
- Waiting for the application to be assessed, usually 1 to 3 months.
- Receiving a D-visa and temporary residence permit.
Required documents include:
- A valid passport.
- Proof of investment (deposit certificates, purchase contracts, etc.).
- A criminal record extract.
- Health insurance covering Latvia.
Good to know
Latvia also offers an e-Residency option to make remote administrative processes easier.
Investor Visa vs Entrepreneur Visa: The Differences
It's important to distinguish the investor visa from the standard entrepreneur visa, as each offers distinct advantages:
| Criterion | Investor Visa | Entrepreneur Visa |
|---|---|---|
| Minimum amount | €50,000 for an SIA | Varies according to the business plan |
| Type of investment | Share capital, property, bonds | Setting up and running a company |
| Schengen access | Yes | Yes |
| Residence duration | 5 years towards permanent residence | Renewable based on activity |
Choosing between the two options will depend on your long-term goals and the resources available to you.
Towards Permanent Residence in Latvia
After obtaining your investor visa, you can apply for permanent residence in Latvia after five years of continuous residence. Requirements include:
- Maintaining the initial investment or its equivalent.
- Basic knowledge of the Latvian language.
- No outstanding tax debts in Latvia.
Permanent residence brings notable advantages, such as the freedom to work without restriction and full access to social services.
Latvia Investor Visa: Taking Action
The investor visa in Latvia is an attractive option for entrepreneurs looking to settle in Europe. By meeting the investment requirements and following the administrative process, it's possible to turn this investment into a path to permanent residence.
To maximise your chances of success, prepare your file carefully and clarify the tax and legal implications of your project up front. For personalised support with your investor visa application, contact our experts.