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Latvia

Latvia is situated within Europe’s Schengen Area, on the Baltic coast. Riga, its capital, was founded in 1201 and is a UNESCO World Heritage Site. Approximately half of Latvia’s territory is covered by forests, offering many nature trails and parks. Latvia offers excellent transport and cultural links with both Western Europe and Russia.

Latvia

Country Overview

Download the Latvia factsheet from the residence tab to find out more about the program. Alternatively, contact us directly for any specific questions.

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Country Information

Latvia, one of the countries that form part of Europe’s Schengen Area, is situated on the Baltic Coast.

Population:

1.8 million

Languages:

Latvian, Russian, and Belarusian, among others

Economy:

Small and open, with highly developed transit services

Currency:

Euro

Live in Latvia with Residence by Investment

Latvia is situated in Northern Europe on the Baltic Sea. Known for its rich heritage, incredible local cuisine, and stunning mix of art nouveau and medieval architecture, Latvia attracts visitors from all over the globe. The official language is Latvian, but Russian is also widely spoken by most of the population.

Riga is the cosmopolitan capital and largest city of Latvia. Moreover, it is the political, economic, and cultural center of this small but proud country. Today, more than a third of the country's population lives and works in Riga. Latvia has been a member of the UN since 1991 and a member of the EU and NATO since 2004. In 2007, Latvia joined Europe’s Schengen Area, which brought significant benefits to the country’s citizens and residents.

Citizenship in Latvia

After five years, the holder of a temporary residence permit may apply for permanent residence. To qualify for a permanent residence permit, the candidate must physically reside in Latvia for four out of the prior five-year period and successfully pass the state language proficiency examination.

Citizenship can be obtained after five years of legal residence in Latvia if the applicant has been a permanent resident for the five years preceding the date of submission of their application. To qualify for citizenship, the applicant must physically reside in Latvia for at least four out of the last five years.

Latvia does not allow dual citizenship.

Latvia

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