This Golden Visa is Canceled

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Latvia’s economy suffered a major blow during the economic crisis of 2008. It was one of the worst-hit countries in the world.

So it launched a residence by investment (RBI) program to attract foreign investment and help get its economy back on its feet, sooner rather than later.

For €250,000 (+5% state fees), it has been successful in getting many non-EEA nationals to sign up. And it turns out that Latvia is not a bad place to invest after all – its economy has experienced rapid growth.

Recently The prime minister indicated that the coalition has agreed to end this 'golden visa'. Kariņš said that the Ministry of the Interior is drafting necessary legislative amendments.

In this video, Andrew shares this news with you and explains why you need to hurry up.

00:00 Start
0:34 Europe's Golden Visa
1:54 Living in Latvia
3:00 Sanctions on Russia
5:30 Latvia Golden Visa

Andrew is reading this article: https://eng.lsm.lv/article/pol....itics/politics/latvi
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".

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