Residence by Company Directorship in Latvia
Latvia offers a residence permit route for non-EU nationals who take on an active director or board-member role in a Latvian company that meets specific age, capital, and activity conditions.
BIZ TRP confirms exactly what your company and your role need to satisfy before you apply.
At a glance
- Company age
- At least 1 year — operating before your application
- Minimum share capital
- €2,800 — standard Latvian SIA capital requirement
- Your role
- Board member or executive director — must actively participate in company management
- Permit term
- 1 year initially — renewable annually while eligibility conditions continue to be met
- Path to permanent residence
- 5 years — of temporary residence while meeting all conditions
- Application via
- OCMA — Office of Citizenship and Migration Affairs
Who needs this
- The company has operated for at least 1 year and is registered with the Commercial Register of Latvia Required
- The company demonstrates active business operations — meeting tax obligations, having employees, and maintaining a level of turnover Required
- The company holds a minimum share capital of €2,800 Required
- You are appointed as a board member or executive officer, and can demonstrate the role is necessary for the company's operation Required
- Proof of relevant qualifications or experience for the role If applicable
- A business plan showing the company's development and your role in it — required in some cases If applicable
- Proof of sufficient income to support your stay in Latvia Required
- The company is in good standing, with no outstanding tax liabilities or legal issues Required
- Proof of accommodation in Latvia Required
- Health insurance for the duration of your residency Required
- Clean criminal record from your country of origin Required
Registration process
Confirm your company meets the eligibility conditions
At least 1 year of operation, active business conducted, and minimum €2,800 share capital.
Formalize your role
Be appointed as a board member or executive officer, with documentation showing the role is necessary for the company's operation.
Prepare your supporting documents
Proof of company registration and financial status, your appointment decision, a business plan if required, and proof of sufficient income.
Submit your application to OCMA
The Office of Citizenship and Migration Affairs reviews your company and personal documentation together.
Receive your initial permit
Issued for 1 year and renewable annually, as long as the company continues to meet eligibility conditions and you remain in the director role.
Move toward permanent residence
After 5 years of temporary residence, meeting all conditions throughout, you may apply for permanent residence — and, eventually, Latvian citizenship, subject to additional requirements including language proficiency.
What it costs
Government fees
- State duty (application fee)
- Ask us for the current figure for your case.
BIZ TRP fees
- Route confirmation & application support
- Ask us for a quote — from €120/hour
Why work with BIZ TRP
This route lives or dies on the company's compliance record — a tax debt or a lapse in active operations can put your renewal at risk regardless of how solid your own documentation is.
- Company eligibility review. We confirm whether an existing company qualifies, or advise on what setting one up for this route would involve.
- Documentation preparation. We prepare your appointment documentation, business plan where required, and supporting evidence for OCMA.
- Ongoing compliance monitoring. We help keep the company's tax and activity status on track so your annual renewal isn't put at risk.
Common questions
How old does my company need to be?
At least 1 year old and already conducting active business — this route is not available for a newly formed company.
What if I'm not currently a director of a Latvian company?
You would need to be appointed as a board member or executive officer of a qualifying company before applying — BIZ TRP can help confirm whether an existing company fits or what forming one for this purpose would involve.
What happens if the company stops trading?
Your renewal depends on the company continuing to meet its eligibility conditions — active operations, tax compliance, and your continued role — so the company's ongoing status directly affects your permit.
Need help with Residence by Company Directorship in Latvia?
BIZ TRP confirms whether your company qualifies for this route and manages your application from documentation through renewal.
Talk to us about Residence by Company Directorship Email us