Can Two Investors Share One Latvia Golden Visa Deal?
No — two investors cannot split one qualifying investment into two Latvian residence permits. The programme's thresholds are per principal applicant, not per deal: each investor needs their own property at EUR 250,000 or more, or their own full share-capital contribution. Two friends buying one EUR 250,000 apartment hold EUR 125,000 each — below the bar — and the basis arises for neither of them. The arithmetic is unforgiving, confirmed, and worth knowing before any joint plan is drawn.
We are CORVUS, an attorney-at-law office in Riga. Here's the rule on each route, who never needs an investment at all, and what genuinely shared plans can do instead.
The Per-Applicant Rule, Route by Route
Real estate. The law wants one functionally connected property worth at least EUR 250,000 belonging to the applicant. Co-ownership divides the value: half a qualifying apartment is not a qualifying half-apartment, it is a EUR 125,000 stake that qualifies nobody. Two investors need two objects — a pair of apartments in the same building works fine, one apartment in any configuration of shares does not.
Share capital. The same principle wears corporate clothes: each investor must contribute the full qualifying amount to a Latvian company's share capital — EUR 100,000 as the standard figure, with a lower entry from EUR 50,000 reserved for small companies under their own conditions. The company may be shared; the investment may not. One headcount rule to know: on that small-company variant, no more than ten foreign investors may hold permits through the same company — and whichever variant applies, the register must show each investor with their own complete contribution. Splitting EUR 100,000 two ways produces two non-qualifying stakes, exactly as with the apartment.
Who never invests: the family. The spouse and children under 18 of a qualifying investor make no investment of their own — they apply through family reunification on the investor's basis. The per-applicant rule governs principal applicants; a family is one principal plus dependants, not several co-investors.
What Joint Plans Can Do
The prohibition is narrower than it first sounds — what's barred is splitting one threshold, not investing side by side. Two partners wanting EU residence can buy two properties, or contribute two full amounts to one company they control together: same building, same business, two clean bases. The structure question — which vehicle, whose name, what sequence — is standard planning work on either route, and it is far cheaper to design before money moves than to repair after a notary appointment has fixed the wrong geometry. The one-sentence rule to carry away: in the Latvian programme, investments are counted per person — plan every joint venture so that each future applicant clears the bar alone.
Planning Together?
Tell us who needs a permit and what you intend to invest jointly — we'll structure the deal so every applicant stands on their own qualifying basis before anything is signed.
Contact CORVUS for an assessment of your situation →
General information, not legal advice. Thresholds current as of July 2026.
Author: Valērija Barišņikova — sworn attorney (Latvia), CORVUS Attorneys-at-Law (ZAB Corvus Vanags Legal SIA). Reviewed by Andrejs Voroncovs — sworn attorney (Latvia), founder of CORVUS Attorneys-at-Law. Mag. iur. with distinction, University of Latvia; member of the Latvian Bar Association and of its commission for tax and financial matters. Profile → The firm has handled migration cases since 2004 — hundreds of cases for clients from Russia, Ukraine, Belarus, Uzbekistan, Kazakhstan, Azerbaijan, Georgia, Turkey, Egypt, the UAE, India, Pakistan, Bangladesh, the USA and Canada. Member of the Russell Bedford international network.