Place a long-term fixed deposit in a recognized Latvian bank to qualify for a residence permit. Ideal for low-risk investors seeking EU access.
Latvia offers a strategic gateway to Europe for entrepreneurs and professionals. With a streamlined immigration process, business-friendly regulations, and family-friendly residency options, Latvia is ideal for those seeking a fresh start and European access.
The Latvia Bank Deposit Program pathway is open to eligible entrepreneurs, investors, and professionals. We offer end-to-end guidance to help you qualify and relocate smoothly.
Must intend to start or invest in a Latvian business.
English language skills are preferred for business and legal interactions.
Passport, business plan, financial proof, and accommodation details.
Follow these simple steps to start your business in Latvia and secure a temporary residence permit within 30 days.
Decide whether to start a business, invest in one, or secure a job in Latvia.
Gather your passport, business plan, proof of funds, and accommodation proof.
Apply for a residence permit at the Latvian embassy or immigration office.
Receive your TRC and begin your journey toward living in Latvia.
Have questions about relocating to Latvia with a business residency? Find answers to the most commonly asked questions below.
Yes. You can apply with a solid business plan and intent to register or invest in a Latvian company after approval.
Typically 30 working days for initial approval and TRC processing.
The TRC is valid for 1 year initially and can be renewed annually. After 5 years, you may apply for permanent residency or citizenship.
Yes. Latvia allows dependent permits for your immediate family through a family reunification process.
