The Lakhani Group Global

How to Apply to Latvia’s Residency by Investment Program

Europe has long been the dream destination for those seeking a better lifestyle, international mobility, and secure investment opportunities.

Latvia’s Residency by Investment Program is one of the most straightforward and affordable pathways to make that dream a reality.

Through an investment of €100,000 in Latvia’s growing hospitality sector, investors can obtain a renewable residence permit that allows them to live in an EU country, travel freely across the Schengen Zone, and participate in one of Europe’s fastest-evolving industries — luxury and smart hotels.

At TLG Global, we specialize in helping investors secure Latvian residency by investing in high-performing, professionally managed hospitality businesses. Here’s everything you need to know.

 

Why Choose Latvia?

Latvia offers one of the most accessible and investor-friendly residency options in Europe. It’s ideal for entrepreneurs, investors, and families who want to secure EU residency while diversifying their portfolio through a tangible business opportunity.

Key advantages include:

  • Full EU residency: Live in Latvia and travel across 27 Schengen countries visa-free.

  • Family coverage: Include your spouse and dependent children in one application.

  • Low physical stay requirements: Maintain your residency without relocating full-time.

  • Fast processing: Approvals typically take only a few months.

  • Real business ownership: Your investment contributes to Latvia’s thriving hospitality market — not just a financial instrument.

 

Why Invest in Hospitality

The hospitality industry in Latvia is entering a new growth phase, driven by rising tourism, smart-hotel technologies, and international investment in sustainable properties.

By investing in TLG Global’s portfolio of luxury and smart hotels, you’re not just buying a residence permit — you’re becoming part of a growing ecosystem of hospitality assets designed for long-term profitability and EU market expansion.

Our projects combine:

  • Modern, tech-driven hotel concepts that meet international standards.

  • Prime locations in Latvia’s major tourist and business destinations.

  • Strong operational management backed by Wyndham Hotels & Resorts – decades of experience in hospitality across the globe.

This means your €100,000 investment doesn’t just qualify you for residency — it positions you in a profitable, future-focused business sector.

 

 

Who Can Apply  

To qualify for Latvia’s Residency by Investment Program, you must:

  • Be a non-EU, non-EEA, and non-Swiss citizen.

  • Be at least 18 years old.

  • Have a clean criminal record.

  • Be able to prove the legal source of your investment funds.

  • Hold valid health insurance that covers Latvia.

 

How the €100,000 Investment Works  

Your investment will be directed into a Latvian hospitality business under the TLG Global portfolio.

This can be structured as:

  • An equity participation (shareholding) in a licensed hospitality company, or

  • A capital contribution to expand and modernize existing smart and luxury hotel operations.

The invested company must be:

  • Registered in Latvia and actively operating in the hospitality sector.

  • Compliant with Latvian tax and business regulations.

  • Demonstrating real economic activity such as property ownership, staff employment, and guest operations.

All investments are vetted by our legal and financial teams to ensure transparency, compliance, and long-term viability.

 

 

Required Documentation  

Here’s what you’ll need to prepare before applying:

  1. Valid passport (and certified copies).

  2. Proof of legal funds — bank statements, sale contracts, or audited financials.

  3. Investment documents — share agreements or proof of capital contribution.

  4. Company registration and compliance documents (handled by TLG Global).

  5. Police clearance certificate from your country of residence (apostilled).

  6. Health insurance covering Latvia.

  7. Passport-size photos (meeting Latvian standards).

  8. Completed application forms and payment of government fees.

Our team will assist you with translations, apostilles, and document legalization to ensure everything meets the standards of Latvia’s Office of Citizenship and Migration Affairs (OCMA).

 

 

Step-by-Step Process and Timeline  

1. Consultation & Pre-Assessment (1–2 weeks)
We review your eligibility, confirm documentation requirements, and present available investment opportunities in Latvia’s hospitality sector.

2. Investment Execution (2–4 weeks)
Once your structure is chosen, funds are invested in the designated Latvian hospitality business.

3. Application Preparation (1–3 weeks)
Our legal and immigration teams prepare all necessary paperwork, translations, and certifications for submission.

4. Submission & Review (1–3 months)
The application is submitted to Latvia’s OCMA for approval. Processing usually takes 6–12 weeks.

5. Residency Card Issuance
Upon approval, you will receive your Latvian residence permit, valid for up to five years and renewable as long as your investment is maintained.

Total estimated timeline: approximately 2–4 months from start to finish.

 

 

Key Points to Keep in Mind  

  • Confirm all documents before funding: We ensure your investment structure meets Latvia’s immigration criteria before any transfer.

  • Maintain active investment: The company must remain compliant and operational for residency renewal.

  • Transparent financial documentation: All funds must be traceable to lawful sources.

  • Plan family documents early: Marriage and birth certificates must be legalized and translated.

 

Program Costs  

Beyond the €100,000 investment, applicants should consider:

  • State and processing fees (depending on the application type).

  • Legal and administrative costs for document preparation and certification.

  • Translation and notarization expenses.

TLG Global provides a complete cost breakdown upfront — with no hidden fees.

 

 

Why Partner with TLG Global  

TLG Global has been active in real estate and hospitality development since 1983, with a proven record of delivering high-value investment and immigration solutions across Europe and Asia.

By choosing us, you gain access to:

  • A curated portfolio of qualified hospitality projects in Portugal and Latvia.

  • End-to-end support, from investment structuring to immigration filing.

  • A dedicated multilingual legal and documentation team.

  • Ongoing assistance with renewals, compliance, and property management.

We handle the entire process — from due diligence to final residence card collection — so you can enjoy the benefits without dealing with bureaucracy.

 

 

Start Your EU Residency Journey!

Latvia’s €100,000 Residency by Investment Program offers more than just EU access — it’s a secure, profitable step into the European hospitality market.

Partner with us to make the process simple, transparent, and fully managed from start to finish.

Contact our consultants today to explore current opportunities in Latvia’s luxury and smart hotel sector and take the first step toward your European residency.

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