Latvia

📍 Riga 💱 EUR 🗣 Latvian

An EU/Schengen member punching above its weight in tech and digital infrastructure. Latvia's Digital Nomad Visa offers EU access at a moderate income bar; the Golden Visa route adds investment-based residency.

Available visas

2 visa pathways for Latvia

An EU/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.

1 year, renewable for 1 additional year (2 years total maximum)

Cheapest EU golden visa entry point on the table. Four investment tracks — €50K business, €250K real estate, €250K bonds (€288K effective), or €280K bank deposit. 5-year residence permit, Schengen access, family included. After Portugal closed real estate in 2023 and Spain killed its program in 2025, Latvia's quiet program running since 2010 is back on the HNW radar. 10-year citizenship clock with B1 Latvian — slower than Portugal but materially cheaper.

Min. monthly income

€0/mo

Processing time

30-90 days for visa decision; full setup including investment 4-8 months

Initial duration

5 years (renewable in 5-year increments)

Cost

€1500

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Setup essentials