Startup visa

Technically, it’s a temporary residence permit – which is much cooler than just a Schengen visa! For the sake of convenience, we call it “startup visa”. 

Startup visa is offered to all non-EU startup founders who are willing to come and kick-off their startup ideas in Latvia, a proud member of EU since 2004. One startup can have up to 5 founders with a startup visa. The application process takes one month. The visa is given for the period of maximum 3 years and it is spouse and children-friendly.

The main criteria for getting Startup visa is an innovative (most often technology-based) Startup idea, which is easily scalable and yields a high added value.  
 
In order to evaluate your idea, please send in a free form application, including:
 
•    Description of innovative idea and its technological description (if applicable); 
•    Business model/company’s core strategy for profitability doing business;  
•    Information about market potential of the product;  
•    Analysis of competitors and description of your idea’s competitive advantages;  
•    Product R&D plan;  
•    Planned business activities for the next 3 years, including the planned necessary investments;
•    Simplified draft of planned cost/income structure for the next 3 years;

We highly recommend adding a pitch presentation if you have one, as well as short info on your and your team’s qualification/ competence in this field.

Once your startup is registered and settled in, bring your team from abroad – there is a special type of visa (again – residence permit) reserved for them.

Also, starting from 12th of october 2021, there will be electronic ID card available: For more details please visit our resources site!

ALL YOU NEED TO KNOW

We’ve put all the important information about the startup visa in a file below - downloadable and easy to use!

For Startup VISA .pdf file click here

! Attention ! Due to the COVID-19 outbreak, The Office of Citizenship and Migration Affairs (OCMA) currently doesn`t provide services in person. Instead, there are 2 options on how documents can be submitted: 

  1. Through the Latvian Embassy`s Consular Section, serving startup founder's residence location. N.B. national restrictions imposed due to COVID-19 may impact the order of provided services (e.g. some Embassy’s doesn’t provide services in person).
  2. If foreigner currently resides in Latvia document package can be sent by post to any OCMA division where they want to receive a TRP card. 

All information on how to prolong your startup visa can be found in a file below, with the all necessary information. 

For Startup VISA Renewal guide click here! 

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