Global Retirement Report: Latvia

Global Retirement Report: Latvia

Rankings

Overall ranking: 9th (score: 86,97)

  • Procedure: 7th
  • Citizenship and Mobility: 25th
  • Tax Optimization: 20th
  • Economics: 25th
  • Quality of Life: 18th
  • Safety and Integration: 10th

Country Information

Legal Provision 

Latvia Passive Income Visa (Financially Independent TRP)

Region 

Europe

Income Requirements

€ 1.500,00

Processing Time 

1 month

Family Member Inclusion

The main applicant can include spouse or legal partner, children, adult children (if disabled or full-time students)

Tax Benefits

Worldwide tax system


No wealth tax


No inheritance tax for family members, non-family members pay 3%

Path to citizenship

10 years

Dual citizenship 

Allowed