News · Latvia

Latvia no longer grants residence permits for property purchases

Latvia's new Immigration Law entered into force on 15 September 2026. Temporary residence permits can no longer be granted on the basis of buying property or investing in subordinated liabilities of credit institutions.

Date of the event
· entry into force
Published
  • Latvia
  • Investment
  • Golden Visa

Summary

In brief

  • The new Immigration Law entered into force on 15 September 2026. The Latvian Parliament (Saeima) adopted it on 20 August.

  • The law no longer provides for temporary residence permits for property buyers or for investors in subordinated liabilities of credit institutions.

  • The law also introduces a new form of investment: EUR 150,000 invested with the manager of an alternative investment fund established by the state.

  • According to Latvia's migration authority, this new form cannot be used yet.

Background

What happened

According to Latvia's Office of Citizenship and Migration Affairs (PMLP), the new Immigration Law entered into force on 15 September 2026. The law no longer allows property buyers or investors in subordinated liabilities of credit institutions to obtain a temporary residence permit on that basis. The law also contains a new form of investment – EUR 150,000 with the manager of an alternative investment fund established by the state – which, according to the authority, cannot be used yet.

The law's adoption was not smooth. On 19 June 2026 President Edgars Rinkēvičs returned it to Parliament for reconsideration. Among his reasons, he pointed out that 158 amendments had been submitted at the third reading, and that the new investment route in the text at the time did not expressly exclude Russian and Belarusian citizens, while the checking of the origin of the invested funds was unclear. Parliament adopted the law again on 20 August.

For you

What it means for you

  • One property route has closed: in Latvia, new residence permits can no longer be granted on the basis of buying property.
  • Compare the programmes still open: if you want EU residence through investment, the form and amount of investment, the length of residence and the next steps differ from programme to programme.
  • Comparison: after you request a quote, we compare the investor programmes available today with you.

Programmes

Related programmes

  • Hungary

    Hungarian guest investor programme

    Hungary's guest investor programme grants a 10-year residence permit for investments starting at EUR 250,000, renewable for another 10 years.

    • Hungary
    • Investment
    • 10 years
  • Malta

    Malta Startup Residence Programme

    The Malta Startup Residence Programme is for people who found an innovative company in Malta or move one there, investing at least EUR 25,000.

    • Malta
    • Investment
    • Business
    • 3 + 5 years

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