In the first half of 2025, the Latvian authorities accepted 44 applications for a golden visa. This is much more than last year (76% of the total in 2024). These are the data from the Ministry of Internal Affairs.
20 out of 44 applications for a golden visa based on real estate investments. Applicants for this type of residence permit need to invest 250,000 euros and invest another 5% of the amount in the budget.
Other ways to participate in the program are business investments, government bonds, and bank deposits.
A residence permit is provided to investors for 5 years with the possibility of extension. The condition is the preservation of investments.Most of the applications for a golden visa were received from citizens of Turkey, Vietnam, Great Britain, India, and China. The program is not available to Russians and Belarusians.
Source: PMLP
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