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Summary of this video:
💼 Overview of Latvia's Golden Visa Program
- Overview of Latvia's Golden Visa program.
- Latvia offers a relatively unknown but accessible pathway to European residency through real estate investment.
- Properties typically range from €150,000 to €270,000, qualifying investors for residency if the purchase is over €250,000.
🏙️ Development and Future Prospects in Riga
- Discusses development plans in Riga, Latvia's capital.
- Highlights the Riga Waterfront project, a significant development similar to Belgrade's waterfront.
- Infrastructure improvements and city development expected over the next 5 to 10 years.
🌍 Strategic Location and Tax Benefits
- Explains Latvia's strategic location in Eastern Europe and its benefits.
- Medium tax rates of 20-25% compared to higher tax regions like Western Europe.
- Opportunity to invest in a developing market without the high costs of more established EU countries.
DISCLAIMER: This video is not tax and/or financial and/or investment advice. Any information or advice I give is purely based on my own experience and research. I am not a tax professional and/or lawyer and/or accountant so I am not liable for any steps you take to lower your taxes. I'm not a financial advisor nor do I pretend to be. Always do your own research.
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