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Entrepreneur Golden Visa for Latvians

10-year UAE residency · around 6.5 hours from Riga

To be clear, if you qualify for the Entrepreneur Golden Visa, you can sponsor your spouse, children of any age and parents, and employ unlimited domestic workers. Crucially, the Entrepreneur Golden Visa has become one of the most sought-after residency options in the world, and the criteria are clear once you know which authority approves your category. For most clients, the most common businesses Latvians open through GoldenKey are in logistics, IT services, timber exports and fintech, although Entrepreneur Golden Visa supports almost any activity. As a rule, payments between Latvia and the UAE are routine: the dirham is pegged to the dollar, euro (EUR) transfers settle promptly and UAE banks are familiar with Latvian business profiles.

Why Entrepreneur Golden Visa

For most clients, benefits of the Entrepreneur Golden Visa include 10-year residency for the founder, sponsor co-founders, spouse and children and flexible residency without a sponsor company. In short, processing of the Entrepreneur Golden Visa is 4 to 8 weeks including the Ministry of Economy approval, and GoldenKey tracks each approval stage for you. Many Latvian company owners run Entrepreneur Golden Visa companies alongside an existing business in Latvia, using the UAE entity for international invoicing and regional sales.

How Entrepreneur Golden Visa works with GoldenKey

  1. Step 1: Eligibility assessment
    Step 1

    Eligibility assessment

    GoldenKey checks your documents against the Entrepreneur Golden Visa criteria and tells you clearly whether you qualify today or what would get you there.

  2. Step 2: Nomination or approval letter
    Step 2

    Nomination or approval letter

    GoldenKey obtains the category-specific approval letter from the competent authority for the Entrepreneur Golden Visa. We keep a written record of this step so your file for the Entrepreneur Golden Visa for Latvians is audit-ready.

  3. Step 3: Application and medical
    Step 3

    Application and medical

    In short, we file the visa application with the immigration authority and book your medical test and Emirates ID appointment.

  4. Step 4: Stamping and family
    Step 4

    Stamping and family

    Your 10-year Entrepreneur Golden Visa is stamped and we then process residence visas for your spouse, children and parents under your sponsorship. If the authority raises a query on the Entrepreneur Golden Visa for Latvians at this stage, we handle it the same day.

Documents required

Gather these documents and GoldenKey will take care of the rest of the Entrepreneur Golden Visa for Latvians.

  • A police clearance certificate from Latvia if the activity or the Golden Visa category requires it
  • Audited financials or incubator letter
  • Passport copy
  • Educational certificates attested by the Latvia authorities and the UAE embassy, for professional activities
  • Medical fitness certificate
  • Trade licence

Pricing

All prices for the Entrepreneur Golden Visa for Latvians are indicative, shown in AED and confirmed in writing before you pay. Use the table below to compare packages for the Entrepreneur Golden Visa for Latvians; we will confirm the exact total for your case in a written quotation.

Entrepreneur Golden Visa
GoldenKey service feeAED 10,000
Government fees (approx.)AED 5,000
Approximate totalAED 15,000
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Prices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-07.

Why the UAE

The dirham has been pegged to the US dollar since 1997, which removes currency risk for the Entrepreneur Golden Visa for Latvians and makes international pricing simple. On the ground, since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so the Entrepreneur Golden Visa for Latvians no longer requires a local partner.

Why GoldenKey

On the ground, our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for the Entrepreneur Golden Visa for Latvians happen the same day they are ready. From day one, you deal with one named consultant from the first call until your Entrepreneur Golden Visa licence, visa and bank introduction are complete, and that consultant answers your WhatsApp messages personally. GoldenKey is based in Ajman Free Zone and has helped founders from more than 60 countries with the Entrepreneur Golden Visa for Latvians, so the paperwork, approvals and timing hold no surprises for us.

Message GoldenKey now and we will prepare a personalised quotation for the Entrepreneur Golden Visa for Latvians, valid for 30 days and confirmed in writing.

Frequently asked questions

Can I work or run a business on the Entrepreneur Golden Visa?

Absolutely. Golden Visa holders can own companies, work for employers and operate as freelancers without a separate sponsor.

How long does the Entrepreneur Golden Visa take?

4 to 8 weeks including the Ministry of Economy approval, depending on how quickly the approving authority responds.

Do I need to live in the UAE to keep the Entrepreneur Golden Visa?

No minimum stay applies. Golden Visa holders can remain outside the UAE for more than six months without the visa being cancelled.

Can a Latvian citizen own 100% of a company in Entrepreneur Golden Visa?

It can. Latvians can own the full share capital of a Entrepreneur Golden Visa company with no local partner, exactly like any other nationality.

Is there a double taxation agreement between Latvia and the UAE?

Yes, it can. The UAE and Latvia have a double taxation agreement, and a UAE tax residency certificate lets you claim treaty relief on qualifying income. GoldenKey can obtain the certificate once your company is established.

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