We have reported that the Golden Visa Latvia laws will change in 2014, finally there is news that the laws have changed … and not to the best
Talking to our partner in Latvia it seems that the political situation and the upcoming elections in Autumn do have an impact on the laws. There are several big changes to the law proposals from last year. Starting 1st of August 2014, minimum invest will be 250.000 Euro with an additional government fee of 5% of the property price. So if you are still interested in Golden Visa Latvia for 70.000 Euro, hurry up and have a look into our properties.
The situation on company investments (up to 3 Golden Visas with 1 company are possible) will be untouched. Please read our special on Latvia for further news on this.