How does Startup Visa (Innovative Product) work in Latvia, and who qualifies?

The Startup Visa is a dedicated temporary residence permit for non-EU founders who want to create or develop an innovative, scalable product in Latvia. The core of the application is a description of the innovative product together with a business plan covering the next three years, which PMLP evaluates. A practical feature is that several founders from the same startup can use this route.

Alongside the product and plan, you need proof of sufficient means of subsistence for yourself and any family, a valid passport, and a criminal-record statement. The emphasis is on genuine innovation and scalability rather than a conventional small business — which distinguishes it from the self-employment / individual merchant permit.

Evaluation criteria and the means-of-subsistence levels are set in regulation and can change, so confirm the current requirements on pmlp.gov.lv before applying. ACME can help you assess whether your concept fits the innovative-product criteria and prepare a business plan that stands up to PMLP review.