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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:
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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Would you like to move to Latvia?
I think the Ukraine should offer a golden visa for $1000 no visitation or residency requirements!
The Conservative attitude to diversity of origin is complex & full of nuance. For the super rich, their diversity is celebrated with optional taxes & golden visas. For the poor & those from ordinary backgrounds it’s the hostile environment, go home vans, deportations and hate.
No more job robs for the Indian mafia.
Latvia's vaccine passport regime is extremely stifling and Orwellian. You are essentially a leper and cannot enter any buildings if you do not get regular pharma injections.
I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks (with the help of my Financial Advisor of course) and made about 246k, but guess what? I put it all back and traded with her again and now I'm rounding up close to a million.
I would consider Latvia.
I guess they don't want white people to move in.
Honestly, they are not missing much by not going to Latvia ! Even though it's nice to visit but it's a small country that doesn't have much to offer.
Next 2025 super power india
Hi…sir better you can do india business Visa or straup Visa
Could be that Russia will start offering some rather… desperate … deals soon, on residency and the like.
My main point to bring up, @Nomad Capitalist, was – the idea of living in a high tax country like Japan.
I've noticed Japan has tax treaties with Singapore and Hong Kong, that limit withholding tax on dividends, from those countries, to Japan, to 5-10%.
I feel like this sounds too good to be true, living in Japan, having your company incorporated in Singapore, and paying max 10% tax on dividends paid to you from Singapore?
what about Africa ? what are the opportunities in Africa for nomads
Oh shit
Latvia is part of NATO countries! Do not go there!
Changing laws means they will apply more restrictions and less freedom for even foreigners!
They are people part of the globalists NWO agenda! Stay away from NATO countries!
If you make a living income by being YouTuber or online superstar live streamer, or the online business owner, founder, or seller, or blockchain developer. I have some recommendation for higher income country's men or woman like you who have fully vaccinated against Covid-19. You should come to Laos or Asean. You will discover that you will live like a queen or king there comparing to the same income & living expense between your country and Laos or Asean, even if you earn only $2000-$5000/month. You will also save many bucks for earlier retirement and help more people if you live there. I will help you achieving that if you come to Laos and partner with me. Partnering or getting mary with other nationality will benefit people worldwide who need stable alternative second citizen with partner in this era.
Oh well, Russia could overrun it…Go Russia. Go India!! Go china!! GO ASIA!!! Down with the evil Empire Of Lies.
liberal fascism is getting worse in the USA. get out while you can.
Andrew, here's my suggestion. I think that the European Countries that want to have these Programmes and want to provide lower taxes should all BREAK AWAY FROM THE EU AND FORM THEIR OWN GROUP. They should have freedom of movement among themselves and tell the EU to go jump off a bridge!!!
This is crazy how they are doing things. Glad I found this channel.
Finally, someone wants me with my 3 figure vast net worth. Global bums are finally vindicated. Praise the Lord. 😂
Who the hell would want to go to Latvia …. One of the next countries on Putins list 👀
Hey, I see an opportunity for Estonia, we might turn out to be the least ugly bride! Yay?
Ukraine needs a citizenship by investment program after the war ends
Solution. Since the Kosovo precedent, we could form a company, using the money to pay off politicians fund a democracy movement to secede from a nation, then create our own nation. Like how Israel was created .
USA and NATO have successfully been able to make Europe inhabitable in case you have a preference for liberal democracy, peace, and prosperity. It's a complete dog show of legal chaos following single-minded chimpanzee politics. These people aren't thinking. They have looting and misrepresentation as their bread and butter. Riga is actually a super cool place if it wasn't for these evil clowns. Yes, the social and economic history is seriously convoluted which is a good thing. There is no shortage of military-political villains.
Stay well away from Europe… It'll soon be part of a greater Russian empire… Your Golden Visa won't be much good to you when Vlad sends you to the Gulag
One can still live happily ever happy with a renewable Residency for the EU and other countries.
Practically every video on this channel can be summed up in:
Your prison is shrinking.
The allowable activities in your prison are shrinking.
It's simple: If you don't care about (relatively) good public healthcare, public education (incl. university) and generally middle class societies, little corruption and more or less safe to walk in the streets freely at any time; which all comes with a price tag, I mean "high" taxes: Then Europe is not the place to go. It all depends on your priorities.
If you're a multimillionaire better look somewhere else, anywhere in the world there are good private clinics (not cheap); or you go somewhere else to get treated, you can send your kids to study anywhere in the world, you can live in a gated community or have private body guards, and so on. Go to Paraguay, Fiji, any Carribean island, etc., and you'll never have to complain about high taxes again.
In my personal opinion, there should be no "Golden Visa" programs or buying citizenship throughout Europe.
Thanks Andrew!
Andrew, if you've been paying attention to the World Economic Forum and International Monetary Funds recent conferences, you'll see we are all heading towards digital ID, social credit system, universal basic income and vaccine passports. This is why places like Europe don't care about 'rich' immigration. What we're seeing in Europe is the Kalergi plan unfolding right in front of our eyes- diversity is our strength- only to be propagated in predominently white countries, of course.
Governments that are desperately trying control their citizens through force and intimidation are bound to lose
Hypocriets, they are….
JUST COME TO AFRICA IT'S OPEN.
You want a visa in europe? Just turn up without any papers and say you're an immigrant.
the government these days are the new modern facaists. facism is alive and well unfortunately.
Wouldn't you think Andrew they want to limit Russians from entering since the current Russian government is threating to reclaim the Baltic countries?
6:23 Is is true ? I tried to make a quick research but I couldn't find anything.
What kind of morons try to prevent rich people from moving to their countries?
They were worried about an influx of Russians. And they think they could be invaded next.
AS IF YOUR A CATTLE ON THEM. THANKS ANDREW :3
No need to close the program. Just say Russians need not apply – you will be rejected.
In the last minute, I heard Andrew give several reasons to avoid EU altogether. High taxes, governments who are not interested in immigrants with capital and/or skills that would grow an economy. It sounds to me like the beginning of a Venezuelan style death spiral where the elite few gain power from the poor masses.
I really don’t understand why you focus so much into the E. U. : it looks like an obsession of yours !!! Europe , with the sole exception of France and Hungary , is nothing else than a “ colony” of Uncle Sam , only with strong ANTI CAPITALISM / PRO SOCIALISM feelings!! Think about it before making the mistake of your life . I said it many times and I will repeat myself once more : go to Europe only for a short two- week vacation and that’s it .
The left wing wants to close the programs and the right wing wants to close all borders. So act fast if you want something
Anyone have info on a good real estate agent in Serbia? Maybe the one Andrew worked with on his video a few years ago?
2:11 They are not "foreign investors" unluckily. They are Russian oligarchs who are related to their Government to undermine our democracies OR non-Christians that create a danger to the safety of women in the streets.