Latvia Golden Visa: Government Bonds
Latvia's government-bonds route grants a straight 5-year residence permit for a €250,000 investment in interest-free Latvian government bonds — structured so you buy the bonds only after your residence permit is already approved.
At a glance
- Investment
- €250,000 — interest-free Latvian government bonds
- State fee
- €38,000 — one-time
- Permit term
- Straight 5 years — biometric TRP cards issued for 5 years — no annual renewal needed, unlike the share-capital route
- Processing time
- 1–6 months — depending on nationality
- Purchase timing
- After TRP approval — you buy the bonds only once your residence permit has been approved
- Family members
- Included — spouse, children under 18, and dependents also receive 5-year residence permits
Eligibility
- Clean criminal record from your country of residence Required
- Legitimate funds held in a private bank account Required
- €250,000 investment in interest-free Latvian government bonds Required
How it works
Apply for your TRP
Submit your residence-permit application with proof of a clean criminal record and legitimate funds — before purchasing any bonds.
Receive TRP approval
Processing typically takes 1 to 6 months, depending on your nationality.
Purchase the government bonds
Buy the €250,000 in interest-free Latvian government bonds only after your residence permit has been approved.
Pay the state fee
A one-time €38,000 state fee.
Receive your biometric TRP card
Issued for a straight 5-year term — no annual renewal is required during that period.
Extend or apply for permanent residence
Your permit is extendable for a further 5-year term, or you may apply for permanent residence.
What it costs
Government fees
- State fee
- €38,000 — one-time
BIZ TRP fees
- Route confirmation & application support
- Ask us for a quote — from €120/hour
Why work with BIZ TRP
The bonds route trades a higher one-time state fee for the simplicity of a straight 5-year permit with no annual renewal condition — worth weighing against the other two routes based on your situation.
- Route comparison. We help you weigh this route against the share-capital and real-estate options based on your priorities — renewal simplicity versus other trade-offs.
- Application sequencing. We manage the TRP application first, so your bond purchase happens only once approval is confirmed.
- End-to-end coordination. We coordinate the bond purchase and state fee payment once your permit is approved.
Common questions
Why is this called a "risk-free" option?
Because you only purchase the government bonds after your residence permit has already been approved — you're not committing the investment before you know your application will succeed.
Do I need to renew my TRP card every year?
No — unlike the share-capital route, the government-bonds route issues a biometric TRP card valid for a straight 5-year term, with no annual renewal required.
Can my family get residency too?
Yes — your spouse, children under 18, and other dependents are also entitled to 5-year residence permits.
Considering the government-bonds route?
BIZ TRP manages your TRP application first, so you only commit the investment once approval is confirmed.
Talk to us about the government-bonds route Email us