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Reform approved but NOT in force — a suspended status

Residence Permit via Real Estate
Latvia

From €250,000 in property + a 5% state fee on the value. A reform approved by Parliament on 11 June 2026 (replacing this with a single €150,000 fund) was returned by the President for a second review on 19 June 2026 — it has NOT entered into force; the old rules still apply.

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Threshold under current rules
from €250,000
State fee
5% of value
Minimum holding period
5 years
Reform status as of checked date
not in force

Approved doesn’t mean "in effect"

There can be a gap between "Parliament approved" and "the law is in force" — that’s exactly what’s happening in Latvia right now.

DATE
EVENT
STATUS OF THE LAW
11.06.2026
EVENTParliament approved replacing routes with a single €150,000 fund
not yet in force
19.06.2026
EVENTThe President returned the law for a second review
suspended
As of the checked date (27.08.2026)
EVENTSecond review not yet complete
the OLD rules apply (€250K in real estate)

What the investment consists of under current rules

Beyond the investment amount, there are strict payment and seller requirements.

COST ITEM
RATE
NOTE
Real estate
RATEfrom €250,000
one or several units
State fee
RATE5% of the property value
a fixed alternative in some configurations
Minimum holding period
RATE5 years
early sale cancels the residence permit

How the process runs

01
Choosing property from €250,000
The seller must be a Latvian company or an EU/EEA/Swiss tax resident.
02
Paying by bank transfer
Cash is not accepted.
03
Paying the 5% state fee on the value
Or a fixed alternative in some configurations.
04
Receiving a 5-year residence permit
Renewable while ownership is maintained.
05
Holding the property for at least 5 years
Early sale cancels residence status.

A good fit if

You have capital from €250,000 to invest in real estate under the currently applicable (not-yet-changed) terms.
You’re prepared to hold the property for at least 5 years without selling.
You understand the €150,000 government-fund reform has been approved but isn’t in force yet — relying on it now would be premature.
You’re ready to pay exclusively by bank transfer and buy from a Latvian/EU/EEA/Swiss resident seller.

A poor fit if

You’re counting on the new €150,000 government-fund threshold — this reform has been approved by Parliament but returned by the President for a second review and does NOT apply as of the checked date.
You plan to sell the property before 5 years — this cancels the residence permit under current rules.
Your capital is below €250,000 — no threshold exists below that for the current real-estate programme.
You want to pay in cash or buy from a seller outside the EU/EEA/Switzerland — neither is permitted under the programme’s terms.

Who runs this programme

Your request goes to two or three firms from this list. You see exactly which ones before it is sent, and you can exclude any of them.

Henley & Partners
Лондон, Великобритания · since 1997
The largest advisory firm in the industry — over 70 offices worldwide; also advises governments on designing migration programmes.
NTL Trust
Карибский регион (офисы в Латинской Америке, Европе, на Ближнем Востоке и в Азии) · since 1994
30+ years in citizenship and residence by investment, officially accredited by several Caribbean governments; also trust and corporate services.
Arton Capital
Монреаль, Канада · since 2006
Global financial advisory firm specialising in residence and citizenship by investment.
Astons
Дубай, ОАЭ (основана в Лондоне) · since 1989
One of the oldest firms in the market, over 9,000 clients from 100+ countries; Golden Visa, citizenship and RBI worldwide.
La Vida Golden Visas
Лондон, Великобритания · since 2002
Over 20 years of experience, clients from 160+ countries; specialises in Portugal’s Golden Visa and other EU programmes.
Savory & Partners
Дубай, ОАЭ · since 2009
Over 70 specialists across 8 offices on three continents, 20+ jurisdictions, over 11,000 clients.
Global Citizen Solutions
Лондон, Великобритания / Лиссабон, Португалия · since 2016
Global mobility consultancy with a Lisbon office; specialises in Portugal’s Golden Visa and Spain’s Non-Lucrative Visa.

This is an independent list of firms in the market, not our partners — we do not forward requests to them or receive payment for referrals. Contact them directly via the link.

Frequent questions

Is the €150,000 reform already in effect?

No — per the available data, as of the checked date the reform was approved by Parliament on 11.06.2026 but returned by the President for a second review on 19.06.2026 and hasn’t entered into force; the old rules (from €250,000 in real estate) still apply.

Can I buy several cheaper properties to reach the threshold?

Yes — per the available data, the €250,000 threshold can be made up of one or several real-estate units.

What happens if I sell the property before 5 years?

Per the available data, an early sale cancels the residence permit obtained on the basis of this investment.

Can I pay in cash?

No — per the available data, payment is accepted exclusively by bank transfer.

Who must the property seller be?

Per the available data, the seller must be a company registered in Latvia, or an EU/EEA/Swiss company that is a Latvian tax resident.

How does this differ from Latvia’s business investment (from €60,000)?

The business investment (a separate programme on the site) is a stake in a company’s charter capital; this programme is specifically a real-estate purchase with a different, higher threshold.

Sources

Immigrant Invest — overview of Latvia’s real-estate residence permit: investment threshold, state fee, holding period, the 2026 reform’s status (approved by Parliament, returned by the President)↗

Figures are for reference only. Verified against official sources on 27 August 2026. A precise quote is issued by the appointed firm after document review. This material is not legal advice, a public offer or investment advice.