Open a Latvian Company and Get a Residence Permit
Designed for entrepreneurs and business owners: register a Latvian company, become its official employee and obtain residence permits for yourself and your family. Employment in an existing Latvian company is also available.
Calculate the Total Cost of Your Latvian Residence Permit
Select your employment route, family composition, processing time and additional services.
Family composition
Core services
Corporate & banking services
Assistance opening a personal account (per person).
State processing time
Processing times may be extended for nationals of certain countries, additional security checks or requests from public authorities.
This is a preliminary estimate. The final quotation and eligibility are confirmed after reviewing the applicant's nationality, qualifications, employer, position and documents.
Estimated Monthly Company Costs
Especially relevant for clients employed by their own Latvian company. The minimum gross salary for a foreign employee is EUR 1,815 per month, which produces approximately EUR 1,210 net for the employee and EUR 1,033 of taxes — EUR 2,244 total employer cost. Family members do not require a salary.