Latvia’s golden visa scheme was one of the oldest golden visa scheme in Europe. Today Latvia’s golden visa scheme still up and running but at a slower pace, compared to Greece and Portugal.
Latvia has the cheapest golden visa schemes in Europe with investments starting from 50,000 euros, which is five times cheaper than greece and portugal. Latvia also offers permanent residence permits for investments in business, bonds/securities and real estate
- Business Investment – EUR 50,000 plus state fee
- Real Estate – EUR 250,000 plus state fee
- Govt Bonds/Securities – EUR 250,000 plus state fee
Latvia Golden Visas
Permanent residence cards issued as of Dec 31, 2018 from the start of the scheme, according PMLV Migration office
| Investors | Family | |
| Bonds/Securities | 39 | 59 |
| Business | 179 | 315 |
| Real estate | 3938 | 4553 |
| Bank deposit | 157 | 181 |
| Total | 4313 | 5108 |
Latvia has issued a total of 9,400 permanent residence permits for golden visa investment from 2010 to 2018, according to the data released by PMLV migration office
Top countries
Permanent residence cards issued for investment for main investors
Government bonds or securities
- Russia – 20
- Ukraine – 8
- Belarus – 4
- Azerbaijan – 4
Business Capital Investment
- Russia – 56
- Vietnam -24
- Ukraine – 15
- Pakistan – 9
Real Estate
- Russia – 2806
- China – 351
- Ukraine – 238
- Kazakhstan – 120
- Uzbekistan – 90
- Belarus – 74
- Azerbaijan – 59
- Israel – 24
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