Residency by Investment
Latvia.
The Baltic Door to Schengen.
Four routes into an EU and Schengen member state — from €50,000 into a company, €250,000 in property or bonds, or a €280,000 deposit — decided in two to three months. Read the state charge beside each one: it is what actually separates them.
Four Routes. Four Very Different Bills.
Latvia's thresholds range from €50,000 to €280,000, and the state's own charge ranges from €10,000 to €38,000 on top. Which route is cheapest depends on both numbers together — and, on the company route, on a third one that recurs every year.
Schengen — 90 Days in Any 180
Visa-free access to the Schengen Area for three months in any six-month period. It is not unlimited free movement, and it is not a work permit for other member states.
Four Routes, Genuinely Different
Property, company equity, a five-year bank deposit, or zero-interest government bonds. They differ not only in threshold but in what the state charges on top — from €10,000 to €38,000.
Two to Three Months
No language test at the residency stage, and no requirement to show education or managerial experience. An interview at the migration office is possible but not the rule.
A Business-Friendly Baltic Base
Low corporate taxes, a skilled workforce and access to the EU single market — the reason the company route exists, and the reason to read its annual tax floor before choosing it.
A Hedge, Held Lightly
A second home in the EU against political or economic turbulence, with no obligation to live in it while the temporary permit runs.
Family, and Dependents by Exception
A spouse or registered partner and children under 18 join the application. Adult children dependent through disability or health, and dependent parents of either spouse, can be included under conditions — and adding anyone later is harder than adding them now.
Healthcare and Education
Access to Latvian healthcare and education, and a high standard of living in a small, secure country.
Property, With Two Exclusions
Any property qualifies at €250,000 except agricultural land and forest. Purchases must be made by non-cash payment, the seller's property taxes must be clear, and an appraiser's opinion goes with the application.
The €50,000 Route Is the Most Expensive One Here
The company route has the lowest threshold on the programme and an obligation none of the others carry: once a foreign capital-share investor is added, the company must pay at least €40,000 in tax to the Latvian state every year, and it must keep to no more than 50 employees with turnover or a balance sheet no greater than €10 million — above either, the threshold doubles to €100,000. Across the five years the permit runs, that tax floor is €200,000: more than the deposit route costs outright, on top of the €50,000 and the €10,000 duty. It is the right route for someone who was going to run a Latvian company anyway, and the wrong one for someone shopping for the cheapest permit.
The Permit Has No Stay Requirement. Permanent Residence Does.
The temporary permit asks nothing of you: one-year cards, renewed while the investment stands, to a maximum of five years. What happens then is the part worth knowing now — temporary status has to convert to permanent residence, and permanent residence is granted to those who settle in Latvia, stay at least four years in five, and know Latvian to A2. Citizenship follows five years of permanent residence. So the light-touch years are finite, and the passport at the end of them asks you to actually live there.
Your Entire Journey, In One Panel
From eligibility to the first card — and each of the annual renewals after it — the Bayat Group panel keeps every document, decision and deadline in one place, guided by Pathinnova AI and reviewed by our legal team.
Read the Threshold. Then Read the Charge.
Four routes, each with a state charge of its own — 5% of the property price, a €10,000 duty, €25,000 or €38,000. Select one and the sheet reprices the whole file, including the income you would have to show.
Non-binding estimate
Select the route that describes your investment. The figure on the right is the threshold; the line beneath it is what the state takes on top.
The lowest threshold on the programme and the most expensive to hold: once a foreign capital-share investor is added, the company must pay at least €40,000 in tax to the state every year. See the notice above — over the five years the permit runs, that is €200,000. Eligible dependents are a spouse or registered partner and children under 18.
Everything here is in euros and adds up to one figure — a "from" figure, because the additional statutory fees are a floor that moves with family size, priority processing and the cost of a registered address.
This route asks the applicant to evidence a monthly income of EUR 620, by statement. It is the highest on the property route and the lowest on the deposit. Income you show, not money you send — excluded from every figure below.
Adding a foreign capital-share investor makes the company liable for at least €40,000 of annual tax. Across the 5 years the permit runs that is EUR 200,000. It is a recurring liability of the company rather than a fee of the programme, so it is not in the total above — but it is the largest number on this route and it belongs in your arithmetic.
On the property route the state's 5% is charged on the value of the property actually purchased, so it rises above the €12,500 shown here as soon as the purchase does. Agricultural land and forest do not qualify; the purchase must be made by non-cash payment, the property must carry no outstanding property-tax debt, and an appraiser's opinion accompanies the application. The company route's €50,000 applies to a company with no more than 50 employees and turnover or a balance sheet no greater than €10 million; above either, the threshold is €100,000. Additional statutory fees are published as a single figure on three routes and as €2,000–4,000 on the company route, and the source's own note says they vary with family size, priority processing and the cost of a registered residential address — every total here takes the lower bound. Cards are issued for one year and renewed to a maximum of five in total, after which permanent residence carries its own residence and language conditions. Figures are indicative, non-binding, and confirmed during due diligence.
Six Steps to a Baltic Permit
Select a step to see what happens — and note that the investment must be complete before the file is filed, not after.
Internal Due Diligence and Qualification Assessment
Bayat Legal Services' compliance team conducts an internal due diligence check — a background security screening of the applicant, preparation of KYC (Know Your Client) documentation, and a qualification assessment against the programme's requirements.
Talk It Through. Then Begin.
Our concierge answers your Latvia questions in minutes — and when you are ready, it opens your application right where the conversation ends.
Sending opens your secure Bayat Group account, where an advisor picks the thread up.
Assessed against your own circumstances, in about five minutes.
- It asks about your circumstances, not your paperwork
- It names the trade-offs before you commit to a route
- It ends with the programs you actually qualify for
A scripted example. Your own assessment is private, and takes about five minutes.
Assessment
An adviser that reads your circumstances, then the rulebook.
40+ official programs, each with its own arithmetic. The assessment maps those rules to your situation in a short conversation and tells you where you actually stand.
- It asks about you, not about paperworkWhere your family is going, what your work needs, what you would not give up. Navigating the rules is our business, not your burden.
- Clear, unbiased reasoningWhen options pull in different directions, it calls out the compromise, detailing what each path costs you before you decide.
- A shortlist tailored to youNo generic marketing. Just the programs your profile actually unlocks, with realistic timelines and capital commitments.
Step one of three
Where should we send your code?
One address, one five-digit code. No password to invent, and nothing sent to you that you did not ask for.
Step two of three
Check your email
We sent a 5-digit code to . It expires shortly, so it is worth doing now.
Setting up your assessment…
One moment.