Domenika Latvia

What Domenika Latvia does

Domenika Latvia is a privately held Riga-based holding company that facilitates Temporary Residence Permit (TRP) acquisition in Latvia for non-resident clients, primarily by routing them through qualifying real estate purchases. The company packages immigration processing with real estate brokerage, non-resident mortgage facilitation (up to 70% loan-to-value at roughly 4.5% plus Euribor via European bank partners), property management, and ancillary concierge services under a documented 8-step service flow. Its platform is a multilingual real estate portal (Russian, English, Chinese) featuring listings with virtual tours, subscription alerts, and direct inquiry, plus the separate InvestPro.lv portal for higher-yield investment project referrals (advertised yields above 8%). Revenue is generated through multiple streams: real estate transaction commissions on properties with a 250,000 EUR minimum (80,000 EUR cadastral value floor) and a 5% state fee on first TRP applications, professional fees for legal and immigration services, ongoing property management contracts, a 50% commission to international referral partners, and referral fees from investment projects. The company claims direct relationships with Latvia's Office of Citizenship and Migration (PMLP) and access to 98% of the Latvian real estate market, including unpublished listings, through a database and partner network that includes LIAA, ERAF, and external portals such as Tranio.

The target customer is a non-resident individual, predominantly from Russia and CIS countries, seeking EU mobility and residence via Latvia's TRP program, with secondary segments including international students and capital investors seeking above-market yields. Public reference clients named on the company's materials are Russian entertainment and media figures (e.g., Ilya Lagutenko, Sergey Svetlakov, Ksenia Sobchak, Gennady Khazanov), and the broader Latvian TRP program has facilitated over 12,000 permits since 2010 with roughly two-thirds going to Russian citizens. Operations are anchored in Riga with claimed adjacent market activity in Italy, Greece, and Spain, and the firm operates with a small team (11-50 employees), no disclosed funding, and no parent company.

Name

Domenika Latvia

Legal name

DOMENIKA LATVIA

Website

https://domenika.lv

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Domenika Latvia is a Riga-based holding company that bundles Temporary Residence Permit processing with real estate brokerage, mortgage facilitation, and property management for non-resident clients, predominantly from Russia and CIS countries seeking EU residence via Latvian property investment.

Ownership category

akta.pro rank

Product category

Immigration and Real Estate Services

NAICS

Title Abstract and Settlement Offices (541191)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Destination Immigration Services (In-Country Registration, Residence Permits, Renewals) (THACAKAI)

akta.pro secondary industries

Immigration, Visa & Work Permit Support (Relocation-Related) (HSAKACAH), Destination Services & Settling-In Support (THACALAB)

Keywords

• Residence permit services
• Real estate brokerage
• Immigration consulting
• Property management services
• Mortgage facilitation

Headquarters

HQ city

Riga

HQ country

Latvia

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Real Estate Commission: Commission-based revenue from real estate transactions facilitated for non-resident clients purchasing property in Latvia for TRP purposes.
2. Immigration and Legal Services: Fees for TRP formalization, legal support, document processing with immigration authorities, and property registration services.
3. Property Management Services: Post-purchase services including tenant control, rent management, maintenance coordination, and property upkeep.
4. Partner Referral Commission: 50% commission share with international partners referring clients for immigration and real estate services.
5. Investment Project Referrals: Referral fees from investment projects on InvestPro.lv portal offering annual yields above 8%.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Domenika Latvia assists non-resident foreign citizens in obtaining Temporary Residence Permits (TRP) in Latvia and the EU primarily through qualifying real estate purchases (minimum 250,000 EUR). The company delivers a bundled 8-step service covering initial contact, airport pickup, property viewings, bank account opening, legal/land register processing, and TRP formalization with the Office of Citizenship and Migration, supplemented by mortgage facilitation via European banks, post-purchase property management, investment project referrals, and ancillary concierge, appraisal, insurance, renovation, design, and study-placement services.

Product overview

Domenika Latvia operates as a unified platform combining immigration services and real estate brokerage for non-residents seeking residence permits in Latvia and the EU. The core offering centers on Temporary Residence Permit services, which is supported by a comprehensive ecosystem of modules including Perfect Service to Non-residents (an 8-step guided process), Mortgage and Credit Services, Property Management, Concierge Services, and Investment Projects. Additional support services include Property Appraisal, Property Insurance, Renovation and Fixing Works, Interior and Exterior Design, Study in Latvia Services, and Business Sales. The platform maintains real estate listings across Latvia with primary focus on Riga and Jurmala properties, accessible through its proprietary property search portal.

Differentiator

Problem solved

Functional benefit

Brands

• InvestPro.lv: Web portal for investment projects including ready projects, renovation projects, and development land.

Products and services

• Temporary Residence Permit (TRP) Services End-to-end immigration service that helps non-resident foreign citizens obtain a 5-year Temporary Residence Permit in Latvia and the EU by purchasing qualifying real estate (minimum 250,000 EUR purchase price, 80,000 EUR cadastral value), with full legal support through the Office of Citizenship and Migration.
• Real Estate Brokerage Services Real estate brokerage for non-residents focused on TRP-qualifying properties in Riga, Jurmala, and other Latvian cities, leveraging claimed access to 98% of the market including unpublished listings.
• Perfect Service to Non-residents (8-Step Service) Comprehensive 8-step service package for non-resident clients covering initial contact, airport pickup, city tour, property inspections, negotiation, bank account opening, Land Register certificate, TRP formalization, and optional insurance/maintenance.
• Mortgage and Credit Services Facilitation of mortgage financing for non-resident property buyers through partner Latvian/European banks, including current and business account opening.
• Property Management and Tenant Control Post-purchase managed property services including tenant placement, rent management, legal support, cost optimization, technical maintenance, and ongoing real estate control.
• Investment Projects Referral-based access to income-producing Latvian real estate investment opportunities (office buildings, shopping centres, residential houses, hotels, development land) with stated annual yields above 8%, offered via the InvestPro.lv portal.
• Study in Latvia Services Educational placement service that assists non-resident students with enrollment in Latvian universities offering programs in English, Russian, and Latvian, with a residence permit pathway based on student status.
• Concierge Services Personal-assistance concierge service covering travel and hotel bookings, airport pickup, business support, and general adaptation help for clients relocating to or operating in Latvia.
• Property Appraisal Certified real estate valuation service used to evidence market value for TRP applications where the cadastral value is below the statutory minimum.
• Property Insurance Insurance coverage arranged for client-purchased real estate properties in Latvia.
• Renovation and Fixing Works Renovation and repair services for purchased Latvian real estate, delivered as part of the post-purchase support offering.
• Interior and Exterior Design Interior and exterior design services for client-purchased properties in Latvia.
• Business Sales Advisory and brokerage service for the acquisition and sale of businesses in Latvia, offered to investors.

Quantifiable outcome

• Over 12,000 non-residents have obtained TRP in Latvia since 2010 with company assistance
• +3 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Eight partnerships are on record, tiered core, major and supporting.

• Latvian Republic (Government)coreStrategic or Co-development PartnerGovernment partner for TRP program administration. The company works directly with government programs for residence permit issuance and maintains relationships with regulatory bodies overseeing immigration.
• Office of Citizenship and Migration (PMLP)coreStrategic or Co-development PartnerOngoing dialogue with immigration authorities ensures efficient TRP processing and compliance with Latvian immigration regulations.
• Latvian Investment and Development Agency (LIAA)majorStrategic or Co-development PartnerCollaboration with Latvian government agency for investment promotion and business development support.
• European Fund for Regional Development (ERAF)majorStrategic or Co-development PartnerEuropean Union funding mechanism supporting regional development initiatives in Latvia.
• International Referral PartnerssupportingChannel Partner/ Reseller/ DistributorForeign companies in immigration services, real estate, and capital investment sectors receiving 50% commission for client referrals under partnership agreements.
• Latvian Real Estate AgenciessupportingChannel Partner/ Reseller/ DistributorCollaboration with real estate agencies both in Latvia and abroad providing access to broader property inventory.
• Property OwnerssupportingChannel Partner/ Reseller/ DistributorDirect relationships with property owners enabling access to unpublished real estate listings.
• TraniosupportingChannel Partner/ Reseller/ DistributorReal estate listing distribution partner appearing on international property portals.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Latio: Latvian real estate marketplace and agency with broad residential and commercial inventory. Comparable to the brokerage side of Domenika's business but without the integrated TRP/legal offering.
• Latvijas Īpašumi: Established Latvian real estate listing portal and brokerage. Comparable as a Latvian property inventory and discovery channel, though it does not bundle immigration/TRP services the way Domenika Latvia does.

Emerging players

• Tranio: International real estate platform listing Latvian properties and providing residency-by-investment content. Already a distribution partner of Domenika Latvia via Tranio.com listings, and competes at the marketing/discovery layer for non-resident buyers.
• EU Residency Advisors: EU residence permit advisory focused on Portugal, Spain, and Greece golden-visa-type programs. Comparable in product (residency-by-investment) and buyer profile, but operates in Mediterranean rather than Baltic jurisdictions.

Direct peers

• Migronis: Latvia-based immigration and residency firm offering TRP and EU residence permit services for non-EU citizens — directly competes with Domenika Latvia in the same jurisdiction with the same product positioning.
• Henley & Partners: Global leader in residence and citizenship by investment advisory; directly comparable to Domenika Latvia because it brokers residence permits across multiple jurisdictions (EU, Caribbean) tied to real estate and investment, serving the same high-net-worth non-EU buyer profile.
• Apex Capital Partners: Specialises in residence and citizenship by investment programs in Latvia, Portugal, and other EU countries — comparable in offering bundled real estate, legal, and immigration services for the same non-resident buyer segment.
• Astons: Specialist in residence and citizenship by investment programs across the EU (including Portugal, Malta, Greece, Latvia) and Caribbean. Comparable to Domenika Latvia in bundling immigration advisory with real estate transaction support for non-resident clients.
• Citizenship Invest: Global residence and citizenship by investment consultancy covering multiple EU programs including Latvia. Comparable in serving high-net-worth non-EU clients seeking residency through investment, often bundled with real estate advisory.
• Get Residence: Direct Latvian competitor offering Temporary Residence Permit services tied to real estate purchase, mortgage facilitation, and post-purchase support for non-residents — overlapping almost entirely with Domenika's product set in the same jurisdiction.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights3 records

Customer concentration

• LinkedInlinkedin.com/company/domenika-latvia

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Domenika Latvia