Europe offers unparalleled opportunities for investors and families seeking security, freedom, and a high quality of life.

A European residency permit not only grants visa-free travel across 26 Schengen countries but also provides access to stable economies, top-tier healthcare, and educational systems.

In today’s uncertain world, safety is paramount – Latvia ranks among the safest nations globally (30th on the 2024 Global Peace Index and enjoys strong democratic institutions.

By choosing a European residency – especially in a welcoming EU member like Latvia – you and your family gain peace of mind, better living standards, and easy travel across Europe (Schengen access) while tapping into thriving local markets.

Latvia, in particular, has positioned its Residency by Investment (RBI) program as one of the most straightforward and cost-effective in Europe. With low minimum investments and a very fast approval process, it stands out among popular “golden visa” programs.

The country has no strict stay requirements (no minimum days abroad), a moderate climate, and a vibrant economy. Importantly for investors, Latvia’s tourism and real estate sectors are booming: in 2024, about 2.7 million tourists visited Latvia (+10.9% vs 2023), and hotels hosted 1.6 million foreign guests (+14%). This surge means high occupancy and attractive returns – indeed, Latvia’s average gross rental yield is around 8%, among the best in Europe.

By investing in Latvia’s growing hospitality industry, you position your capital for strong cash flow and appreciation.

Eligibility Criteria: Who Can Apply for Latvia’s Program?  

Latvia’s RBI is open to third‑country nationals (non-EU citizens) who meet basic criteria. In practice, eligible applicants must:

• Be at least 18 years old with a clean criminal record.

• Provide legally sourced funds of at least the minimum investment.

• Include only a legally married spouse and dependent children under 18 in the application.

• Come from any country (no nationality restrictions).

In short, the program is broadly open: if you are a high-net-worth individual, family, or entrepreneur outside the EU with proven funds, you can apply. 

Your spouse and under-18 children automatically qualify to join you under the same permit. (Unlike some programs, Latvia does not require any special language or business background – just clean records and the investment.)

Why Latvia Stands Out? (vs Greece, Portugal, etc.)  

Compared to other European programs, Latvia’s RBI is exceptionally fast, low-cost, and flexible. Most notably, the investment threshold is far lower:

• Latvia: Entry-level business route starts at €60,000 (often interpreted as €50K equity + €10K fee) for small companies. We focus on the €100K route (with full benefits), but even the lower bracket is among Europe’s cheapest.

• Greece: Even after recent reforms, investors need at least €250,000 in real estate (with higher tiers up to €800,000 in big cities). Plus, a Greek visa-holder must show some annual visits to Greece.

• Portugal: As of October 2023, Portugal eliminated its popular real-estate Golden Visa. Now only expensive options remain: €500,000+ in approved funds/research or hefty job-creation routes. 

In short, Latvia’s program is far more affordable than the 6-figure buys elsewhere. And it still offers full family inclusion, Schengen travel, and eventual EU citizenship after 10 years if desired.

Another advantage: no minimum stay is required in Latvia – you simply renew your permit by mail each year without lengthy visits (one trip per year suffices). 

The €100K Business Route – Investing in High-Return Hospitality  

Latvia offers flexible investment options, but the most attractive route is the share-capital investment of €100,000. By investing €100K into the equity of an established Latvian company, you gain minority shares (Category B) and immediately qualify for a five-year residence permit.

After five years, you can renew for another five, and after 10 total, even apply for permanent residence/citizenship (with language tests).

Our focus at TLG Global is to help you channel this €100K into high-growth hospitality projects – boutique hotels, resorts, or serviced apartments – carefully selected for strong returns.

How long does it take? Latvia offers one of Europe’s fastest approvals  

One of Latvia’s biggest selling points is speed. Unlike the year-long waits common in many countries, Latvia processes RBI applications extremely quickly. 

By law, approvals usually come in 1–3 months after submitting a complete application. 

In practice, many clients get their residence card in hand in under 90 days. This makes Latvia the fastest residency-by-investment option in the EU today. (For comparison: Greece and Portugal typically take 6–9+ months.)

Starting with a fast approval, you then receive a 5-year Latvian residence permit (renewable) that covers your entire family. This permit immediately grants visa-free Schengen travel across Europe, so you can explore business or holiday opportunities in 26 countries.

After five years, you renew the permit by demonstrating the investment is still in place (our team handles the paperwork and compliance). Overall, the simple timeline (investment → 2-3 months → residency) is much quicker than most comparable programs.

Need assistance? Start your EU residency journey with us

Latvia’s Residency by Investment program offers a unique combination: low entry cost, fast track times, and real business returns. For high-net-worth families in Singapore, the UAE, Turkey, India, and beyond, it is an ideal way to gain European residency affordably.

As trusted partners, the TLG Global team guides you every step of the way. We handle the legal filings, liaise with authorities, and curate your investment into vetted Latvian hotel projects designed for high performance. You simply prepare the funds and follow our guidance.

If you’re ready to explore Latvia’s golden opportunity, book a consultation with our experts today. In a confidential meeting, we will assess your profile, explain all options (including the €100K business investment route in luxury hospitality), and lay out a customized plan to secure your Latvian residence.

Join hundreds of satisfied investors who have fast-tracked their EU residency through Latvia.

Contact our consultants now and take the first step toward a more secure, prosperous life in Europe.