According to local sources, Latvia’s Golden Visa program is experiencing a sharp rebound in 2025, with application volumes on track for the highest annual growth in four years — fueled by renewed investor appetite for real estate and strong demand from Turkish applicants. Turkish investors are particularly motivated by “freedom of movement, access to EU healthcare and education, and long-term protection for their families, also process speed (just 2-3 months) ” rather than purely financial returns. Latvia’s relatively low entry point — the €50,000 business investment route plus a €10,000 state contribution — remains a key draw.
Applications up 51% this year — fastest growth since 2021!
Highlights so far:
✔ 44 main applicants in just 6 months (already 76% of 2024 total)
✔ Real estate demand SURGING → 45% of approvals (vs. 29% last year)
✔ Turkish investors take the lead (20%) | Vietnam rising (11%) | UK & India (9% each)
✔ China drops sharply to 7% (from 26% in 2024!)
Why Latvia?
✔ Fastest & most affordable EU residency route
✔ Business option from €50K (+€10K state fee)
✔ Real estate from €250K
✔ Full family included + Schengen access
⚡ Don’t wait and start your Europe journey too— this could be the best year in 4 years for Latvia’s Golden Visa.