Category: Retirement Visa
Overview: Latvia does not offer a specific 'Retirement Visa'. Non-EU/EEA citizens can apply for a Temporary Residence Permit based on proving sufficient, stable financial means to live without employment. This path enables long-term stay in an EU/Schengen country.
Eligibility: Non-EU/EEA citizens must prove stable monthly income (approx. $756 USD), hold health insurance, have a clean criminal record, and secure accommodation in Latvia. No work permitted.
Processing Time: ~90 days
Visa Duration: 12 months
Renewable: Yes
Work Authorisation: Not permitted
Remote Work Allowed: No
Dependants Allowed: No
Path to Residency: Yes
Path to Citizenship: Yes
Sponsor Required: No
Official Government Page: https://www.pmlp.gov.lv/en/residence-permit
Summary: For non-EU/EEA retirees, Latvia offers a Temporary Residence Permit based on financial self-sufficiency, not a dedicated retirement visa. It provides long-term EU residency without work, requiring stable income and accommodation.