Latvia Startup Visa — no job offer; up to 5 co-founders; 3-year residence permitfor 🇧🇴 Bolivian citizens travelling to 🇱🇻 Latvia

📋Required Documents10

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  Free-form business plan setting out the commercial activity for the next 3 years
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  Proof of personal funds of at least EUR 5,160
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  Residence-permit application to OCMA/PMLP

  review fee EUR 160 (30-day) or EUR 280 (10 working days, expedited)

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  Evidence the venture is innovative and scalable (no job offer or minimum investment required)
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  Passport valid for the permit period plus a photo to Latvian specifications
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  Health insurance valid in Latvia
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  Proof of accommodation in Latvia
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  Co-founder details

  up to 5 founders on the same idea may apply together

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  Family documents if including a spouse and minor children
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  Up to a 3-year permit with annual renewals; time counts toward 5-year permanent residence

ℹ️What to Expect

To apply for a Latvia Startup Visa — no job offer; up to 5 co-founders; 3-year residence permit, book an appointment at the nearest Latvia embassy or visa application centre in your country. Submit the required documents in person or via a designated courier service. Processing takes approximately 30 days. The government fee is EUR 160.00. Plan well ahead of your intended travel date to allow time for processing and any additional document requests from the consulate. Always verify current requirements with the Latvia embassy or official government website before booking travel.

🌐Why Bolivian passport holders need a visa for Latvia

Bolivian citizens require a visa to enter Latvia based on the current immigration requirements set by Latvia's government. Bolivian passport holders must apply through the Latvia embassy, consulate, or a designated visa application centre before travelling. Requirements are subject to change, so always verify at the official government portal.

⚠️Common Reasons Latvia Startup Visa — no job offer; up to 5 co-founders; 3-year residence permit Applications Are Refused6

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  The business is not recognised as an innovative start-up by the competent Latvian authority, or the venture/idea does not meet the start-up programme criteria.
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  Insufficient evidence of funds to support the founder(s) during the start-up period, or financing whose origin cannot be evidenced.
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  More than the permitted number of co-founders, or roles that do not genuinely require the applicant.
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  No valid health insurance, or an incomplete or inconsistent application.
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  A prior overstay, an entry ban or an SIS alert in the Schengen area.
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  A relevant criminal record, or false statements or forged documents.

Refusal grounds are at the discretion of the deciding officer and can change. This list is informational — always verify current requirements at the official government portal.

🔗More Latvia Visa Options

• Latvia Schengen Visa (Type C) — short stays up to 90 days in the 29-state Schengen Area →
• Latvia Student Residence Permit — low EU tuition; large international medical cohort →
• Latvia Work Residence Permit — D visa + TRP via OCMA; NVA vacancy registration →