Latvia Golden Visa: Share-Capital Investment
Latvia offers a residence-by-investment route through the share capital of a Latvian company — one of the more affordable investment-residency programs in Europe, starting from €50,000.
At a glance
- Minimum investment
- €50,000 — company with <50 employees and ≤€10M annual turnover; €100,000 for larger companies
- Investors per company
- Up to 10 — each must invest at least €50,000 in the same company
- State fee
- €10,000 — one-time, paid after your TRP decision is issued
- Annual renewal condition
- €40,000/year in company taxes — paid by the company to the State to renew your TRP
- Permit term
- 5 years — TRP card itself is valid 1 year and renewed annually
- Minimum stay
- None for TRP — 5 years of actual residence required to qualify for permanent residence
Eligibility
- Minimum €50,000 investment in the share capital of a Latvian company (€100,000 for companies with 50+ employees or over €10M turnover) Required
- Valid travel document admitted in the Republic of Latvia Required
- Clean criminal record Required
- Place of residence — purchased or rented accommodation Required
- Funds to support yourself and your family during your stay in Latvia Required
- Good health condition Required
- Health insurance for the period of validity of your TRP card Required
How it works
Choose your investment structure
Invest in a new company you fully or jointly own (up to 10 qualifying investors per company), or invest in an existing company that already qualifies for the program.
Make your investment
At least €50,000 in share capital (€100,000 for larger companies), meeting the applicable employee/turnover threshold.
Apply for your TRP
Submit your temporary residence permit application with the required documents.
Pay the state fee
A one-time €10,000 state fee is due once your TRP decision has been issued.
Renew annually
Your TRP card is valid for 1 year and must be renewed annually; the underlying permit runs for a 5-year period. To renew, the company must pay at least €40,000 in taxes to the State each year.
Qualify for permanent residence
There is no minimum-stay obligation to hold the TRP, but 5 years of actual residence in Latvia is required to qualify for a permanent residence permit — and, subject to further conditions, citizenship after 10 years.
What it costs
Government fees
- State fee (after TRP approval)
- €10,000 — one-time
- Annual company tax (renewal condition)
- €40,000/year — paid by the company
BIZ TRP fees
- Route confirmation & application support
- Ask us for a quote — from €120/hour
Why work with BIZ TRP
The share-capital route is the most cost-accessible Golden Visa option in Europe, but the renewal condition — €40,000 a year in company taxes — is easy to underestimate before you commit.
- Structure guidance. We help you decide whether a new company or an existing qualifying company fits your situation, and coordinate the investment with your residence application.
- Application management. We prepare and manage your TRP application from submission through approval.
- Renewal planning. We help you plan for the annual company-tax renewal condition well before it's due.
Common questions
Do I have to live in Latvia to keep this permit?
No — there's no minimum-stay obligation to hold the TRP itself. But you'll need 5 years of actual residence in Latvia to qualify for permanent residence.
Can I invest in an existing company instead of starting a new one?
Yes — you can invest in an existing company that already qualifies for the program, rather than forming a new one.
How many investors can share one company?
Up to 10 investors can qualify through the same company, as long as each has invested at least €50,000 in its share capital.
Considering the share-capital route?
BIZ TRP confirms the right investment structure for your situation and manages your application from investment to approval.
Talk to us about the share-capital route Email us