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Investment property: Latvia

We act on the buyer's side: shortlist, checks, end-to-end deal support.

Latvia is a European Union market with two clear anchors: Riga as the business capital of the Baltics and Jurmala as a historic seaside resort. Foreigners can buy property here largely without restrictions - both apartments and houses with land, subject to formalities for certain land categories. Latvia was one of the first EU countries to launch a residence permit through property purchase: the threshold of EUR 250,000 plus a state fee made it a notable investment migration destination. The current context matters, though: in recent years the program has been substantially restricted, and for citizens of certain countries it is effectively unavailable - its applicability has to be checked against your specific citizenship and situation, not against outdated descriptions. The market itself remains open and legally transparent, with a reliable land registry system.

We work from the objective: an EU asset, rental income, a home by the sea, or a purchase tied to a residence permit. We shortlist properties to match, verify legal title through the land registry (ownership, encumbrances, debts), handle the notarized transaction and payments, and assist with ownership structuring and non-resident tax questions. If residency is the goal, we first assess honestly whether the program is available to you specifically - and only then move toward a transaction.

Services

ServicePrice
Property shortlist for your investment goalon request
Legal due diligence on the propertyon request
End-to-end transaction supporton request
Ownership structuring (company, trust)on request
Property management and lettingon request

Prices are indicative and cover our work on a typical case. We confirm the exact quote in writing after a short call - you know the final number before we start. Government fees and bank tariffs are billed separately unless explicitly included.

See also

Company formation · Business account · Personal account · All country programs

FAQ

Can a foreigner buy property in Latvia?
Yes. Foreigners buy property in Latvia largely without restrictions - both apartments and houses with land. Certain land categories (such as agricultural and border-area land) carry special rules and formalities, which we check before any transaction.
Does buying property grant residency in Latvia?
A residence permit program tied to property purchases from EUR 250,000 exists in law, but it has been seriously restricted in recent years and is effectively closed to citizens of certain countries. Availability has to be checked against your citizenship and situation - we do that before you commit a single euro.
Where do I start?
With a consultation: purpose of the purchase, budget, citizenship and tax residency. If residency is part of the plan, we first verify the program applies to you. Then comes property shortlisting, land registry checks, and full transaction support through to title registration.

Don’t want to figure this out alone?

We handle the whole process end to end: we shortlist properties for your goal, run legal checks and support the deal through to registration. Leave your details and an international property expert will get back to you. The first consultation is free.

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