Residency · Europe

Latvia Property and Deposit Residence Routes (Closed)

Status: Closed in 2026

Latvia's new Immigration Law ended the real estate and bank deposit residence routes on 15 September 2026. A company investment route remains.

Decision summary

Minimum investment: Not applicable — closed. The former minimums were EUR 250,000 in real estate or a EUR 280,000 deposit.
Important restrictions: No new applications on these routes since 15 September 2026; applications filed by 14 September 2026 follow the old rules.
Program status: Closed

Overview

Latvia granted temporary residence to investors who bought real estate worth at least EUR 250,000 or held a subordinated bank deposit of EUR 280,000.

The Saeima passed a new Immigration Law in 2026, which came into force on 15 September 2026 and removed both routes. Applications filed by 14 September 2026 are assessed under the old rules.

Investment in a Latvian company remains possible, and a state investment fund route is planned. See our Latvia page for details.

Investment pathways

Investment pathway: Closed for real estate and bank deposits. A company investment route remains.
Minimum investment: Not applicable — closed. The former minimums were EUR 250,000 in real estate or a EUR 280,000 deposit.

Recent changes

15 Sept 2026
Latvia ends its property and deposit routes
Latvia's new Immigration Law ended residence through real estate and bank deposits. The company investment route remains.

All programme changes

Considerations, limitations and risks

Important restrictions

No new applications on these routes since 15 September 2026; applications filed by 14 September 2026 follow the old rules.

This program no longer accepts new applications; it is shown for reference only.
Former requirements are historical and must not be relied on for a new application.
People who obtained status under the program should take advice on their own position.

Status and authority

Operational status: Closed
Official government authority: Office of Citizenship and Migration Affairs (OCMA/PMLP), Latvia
Legal basis: Immigration Law adopted by the Saeima on 11 June 2026, in force from September 2026.

Programme rules change; your advisor confirms every figure before you commit.

Frequently asked questions

Can I still get Latvian residence by buying property?

No, not as a new applicant. The property and deposit routes closed under the new Immigration Law in September 2026; applications already accepted are processed under the old rules.

Can I still apply?

No. The program is closed to new applicants. Speak to us about the open alternatives.