Latvia

An EU and Schengen member with a digital nomad visa launched in 2022. Riga's tech scene punches above its weight, and Latvia offers cleaner Schengen access than Western European alternatives at lower cost. Open to OECD nationals only.

The cheapest EU golden visa entry on the table in 2026. Four investment tracks — €50K business with employees, €250K real estate, €250K government bonds (€288K effective), or €280K bank deposit (€305K effective). Five-year residence permit with Schengen access from day one, family included, and a path to permanent residency at year five. The catch: ten-year citizenship clock and B1 Latvian as the real bottleneck. After Portugal closed real estate in 2023 and Spain killed its golden visa entirely in 2025, Latvia's quiet program running since 2010 is back on the HNW radar — especially for investors who want EU PR more than a flag-name passport.