Latvia Golden Visa: Real Estate Investment
Latvia offers one of the more accessible real-estate residence-by-investment programs in Europe: a minimum €250,000 property purchase grants a 5-year temporary residence permit, with a path to permanent residence and Latvian citizenship.
At a glance
- Minimum investment
- €250,000 — real estate purchase, anywhere in Latvia
- Cadastral value threshold
- €80,000 minimum — or a certified appraiser assessment if the property falls below this
- State fee
- 5% of purchase price — one-time payment to the state budget
- Permit term
- 5 years — extendable for a further 5-year period
- Minimum stay
- None — applicants are not required to live permanently in Latvia
- Property type
- Must not be agricultural or forested land
Eligibility
- Minimum €250,000 real estate purchase in Latvia Required
- Cadastral value of at least €80,000, or a certified real estate appraiser's assessment confirming market value meets immigration-law requirements Required
- Payment of the state fee — 5% of the property's purchase value Required
- Property must not consist of agricultural or forested land Required
- Valid health insurance coverage Required
- Proof of family relationship and notarized consent for a child's stay in Latvia, if traveling with one parent — for applicants bringing family members If applicable
How it works
Identify a qualifying property
Residential or commercial real estate anywhere in Latvia, at a minimum of €250,000, excluding agricultural or forested land.
Confirm the cadastral value
If the cadastral value is below €80,000, a certified appraiser must confirm the property meets immigration-law market-value requirements.
Complete the purchase
Secure the transaction and pay the 5% state fee on the purchase price.
Apply for your TRP
Submit your temporary residence permit application with proof of purchase, health insurance, and — if applicable — family documentation.
Hold the permit for 5 years
No minimum-stay obligation applies, giving flexibility for those who don't want to relocate full-time.
Extend or move toward permanent residence
Your permit is extendable for a further 5-year period, or you may apply for permanent residence and, eventually, Latvian citizenship.
What it costs
Government fees
- State fee
- 5% of purchase price — one-time, paid on the real estate transaction
BIZ TRP fees
- Route confirmation & application support
- Ask us for a quote — from €120/hour
- Real estate search & purchase support
- Ask us for a quote — sourcing, transaction security, and post-TRP property management
Why work with BIZ TRP
Not every property that looks like it qualifies actually does — the cadastral-value threshold and land-type restriction catch people out. We confirm eligibility before you commit to a purchase.
- Property sourcing. We search for suitable real estate and give you a choice of options confirmed to qualify for the TRP program.
- Transaction security. We help secure the real estate transaction and manage the purchase process end to end.
- TRP and post-purchase support. We handle your TRP application and can manage the property on your behalf after you receive your permit.
Common questions
Do I need to live in Latvia to keep this permit?
No — applicants are not required to live permanently in Latvia, which gives flexibility if you want to spend time in other European countries.
Can my family get residency too?
Yes — family members, including children, can qualify for residency alongside the main applicant.
What if the property's cadastral value is below €80,000?
A certified real estate appraiser must confirm the market value meets immigration-law requirements before the property qualifies.
Considering Latvia real estate for residency?
BIZ TRP sources qualifying property, secures your transaction, and manages your TRP application from purchase to approval.
Talk to us about the real estate route Email us