In accordance with the Immigration Law of the Republic of Latvia, a foreign national may request a temporary residence permit for a period of no more than five years if they have acquired, and are in possession of, one developed, functionally linked real property worth no less than EUR 250,000 in Riga, Jūrmala, or the municipality of Ādaži, Babīte, Baldone, Carnikava, Garkalne, Ikšķile, Ķekava, Mārupe, Olaine, Ropaži, Salaspils, Saulkrasti or Stopiņi.
Beyond the aforementioned administrative divisions, no more than two developed, functionally linked real properties (land parcels) are allowed. The total value of the two properties should be no less than EUR 250,000. An undeveloped land parcel does not entitle one to solicit a temporary residence permit in Latvia.
