Published: 28.10.2026
The Progressives urged Latvia’s Saeima to reconsider amendments that would prohibit temporary residence permits based on investing at least €150,000 in a state-created alternative investment fund manager. A parliamentary committee rejected the amendments on 28 October 2026, but the party is seeking to bring them back to the agenda.
According to the source, this is an attempt to change an existing investment-residence basis, not an enacted ban. If adopted, the amendments could close the route involving a €150,000 investment in a state-created fund manager and a €10,000 budget payment. For now, it remains a parliamentary initiative and does not automatically change the conditions for existing applications or permits. Investors should distinguish the proposal from the current rules and monitor its further consideration.