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Property

Latvia — Property: Foreign Ownership

Latvia places no restrictions on EU citizens buying city real estate, and property worth at least EUR 250,000 supports a temporary residence permit of up to five years.

VerifiedGovernment / official sourcePMLP and Invest in Latvia — real estate owner residence permitLast reviewed: 2026-10-23

Key facts

  • Invest in Latvia states there are no restrictions on acquiring real estate in cities for Latvian and EU citizens and companies majority-owned by them; rules for other nationalities were not captured.
  • A residence permit via property requires value of at least EUR 250,000 in Riga, Jūrmala or listed municipalities, with two properties each at least EUR 125,000 allowed elsewhere.
  • The property must not be agricultural or wooded land, and sources conflict on the cadastral threshold (EUR 40,000 versus 80,000) and the extra payment (5% of price versus EUR 5,000).
  • The resulting permit is temporary, for a period not exceeding five years.

Steps

  1. Register as a Non-Resident Property Owner — Non-residents must register their ownership with the Land Valuation and Cadastre Service (LVC), which is part of the State Property Register.

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