Latvia has introduced major immigration reforms, closing two popular Golden Visa routes and changing temporary and permanent residence requirements for foreign nationals.
The new immigration law took effect on September 15, 2026. It aims to simplify residency procedures, strengthen immigration controls, and modernize the country’s investment-based residence system.
Latvia Ends Two Golden Visa Investment Options
Under the revised regulations, foreign investors can no longer obtain residence permits through property purchases or bank deposits.
However, existing permit holders can retain their residency until expiry. They may also qualify for a five-year extension.
The government has introduced a new investment route requiring at least €150,000 in a state-established investment fund.
Investors must maintain their investment for five years to qualify for a five-year temporary residence permit.
However, Latvia’s immigration authority confirmed that the required fund has not yet been established.
Temporary Residence and Self-Employment Rules Changed
The existing company investment route remains available. However, residence permits under this category now last two years instead of five.
Latvia has also discontinued temporary residence permits for self-employed individuals and individual merchants.
Affected applicants must explore alternative immigration pathways.
Meanwhile, annual residence card registration requirements have been removed.
Permanent Residency Requirements Become Stricter
Latvia has introduced a unified permanent residency framework aligned with European Union regulations.
Applicants generally must complete at least five years of temporary residence before qualifying.
Authorities have also reduced maximum application processing times to four months.
From December 31, 2027, eligible foreign residents must meet Latvian language and cultural integration requirements.
The reforms will significantly affect international investors, entrepreneurs, and individuals planning long-term residence in Latvia.
