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Andrew Henderson

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Latvia: residency, citizenship, tax and living

Latvia offers multiple residency programs for investors, and a long pathway to citizenship. The country also maintains a territorial tax system for non-tax residents.

Descendants of Latvian Citizens
  • Tax regime MBT
  • Residency routes Residency by investment
  • To citizenship 10 years
  • Min. investment EUR 50,000
Start here Latvia Golden Visa: Requirements, Benefits, and Investment Options

Explore Latvia by topic

Common questions

How does the Latvia Golden Visa work?

The Latvia Golden Visa allows you to obtain a temporary residence permit in the country after making an eligible investment in a Latvian company, real estate, or a Latvian credit institution. The temporary residence permit is renewable, and it also allows you to apply for permanent residence in the country after five years.

What is the minimum investment for Latvian residency?

The minimum investment for Latvian residency is EUR 50,000 if you want to invest in a company in Latvia. If you want to invest in real estate, the minimum investment is EUR 250,000, or EUR 280,000 if you want to make a subordinated capital investment.

How long does it take to get Latvian citizenship?

It takes a total of 10 years to become a citizen of Latvia. To become a naturalised Latvian citizen, you will need to live in the country for five years on a permanent residence permit. To get a permanent residence permit, you will need to live in the country on a temporary residence permit for five continuous years.

How are residents taxed in Latvia?

Individuals who are tax residents in Malta are taxed on their worldwide income at a rate of 25.5% on income up to EUR 105,300 a year, and 33% on income above the threshold. An additional 3% personal income tax rate applies to the part of income tax over EUR 200,000. Capital gains, income from capital, and dividends are taxed at the lower PIT rate.

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