Published: 28.10.2026
Following a controversy over the granting and subsequent revocation of citizenship, Latvian authorities ordered a review of whether the €50,000 investment-based residence scheme was being used lawfully. The Office of Citizenship and Migration Affairs and the Financial Intelligence Unit are investigating people and companies connected with the case.
The sources indicate that authorities are examining not the formal existence of the investment residence route, but whether invitations and declared investments are genuine and used in good faith. For prospective investors, this points to closer scrutiny of the source of funds, the existence of the business and whether actual activity matches the stated purpose of residence. The issue is particularly relevant to applicants relying on intermediaries or low-threshold investment projects. Anyone considering this route should treat verification of the documents and counterparties as essential rather than viewing the investment as a guaranteed path to residence.