🇱🇻 Latvia · Entrepreneur
Innovative product creation or development (start-up activities) — requirements, costs & how to apply
Who is eligible
| Minimum monthly income | €500 |
| Minimum annual salary | €500 |
Costs
| Application / consular fee | €160 |
Duration & renewal
Initial stay: 36 months. Does not lead directly to permanent residence.
Documents
- a full copy of a passport (foreigner certify the validity of the document by himself)
- a questionnaire to apply for a residence permit of a certain form
- a photograph
- a document certifying the necessary subsistence (the required subsistence is 500 euros per month. If family members come with you, the required subsistence is 500 euros per month for an adult and 150 euros per month for a minor.)
- a free-form application containing the descriptive information about the innovative products intended to be created or developed, and the information on the planned business activities in the next three years
- a payment document confirming the payment of the stamp duty
Who can apply
Open to all nationalities.
How to apply
- Confirm you meet the eligibility above.
- Gather documents and apply via the official portal: https://www.pmlp.gov.lv/en/innovative-product-creation-or-development-start-activities-0.
Frequently asked
How much income do I need?
You must show €500.
Does this visa lead to permanent residence?
No — it does not lead directly to permanent residence.
Sources & verification
Every figure on this page is taken from an official government source and dated. Nothing is inferred.
“If a foreigner plans to implement activities in the Republic of Latvia with the aim to create or develop an innovative product, and after the issue of a temporary residence permit the following provisions are fulfilled ... for a time period not exceeding three years”
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Informational only, not legal or immigration advice. Requirements change — always confirm on the official government source linked above before applying. Last verified 2026-06-09.