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Latvia Summary Guide

Latvia Residence

EU/EEA citizens. Citizens of European Union and European Economic Area countries can enter Latvia freely and remain for up to 90 days. Those wishing to remain for a period in excess of 90 days in any six-month period require a residence permit, which will be issued by the Office of Citizenship and Migration Affairs. This permit will be issued provided that the individual can demonstrate that they are either employed or self-employed in Latvia, have ample personal funds to be self-sufficient or are married to a Latvian citizen. The processing costs will vary according to the timeframe, as the website of the Latvian Embassy in London explains.

An EU/EEA citizen will generally be entitled to a permanent residence certificate if they have lived in Latvia continuously for five years. If a person has been employed or self-employed even for a period of less than five years and attains retirement age, then they will also be entitled to a permanent residence certificate.

EU/EEA citizens do not require a separate work permit and in any case, the issue of a residence to any foreign national constitutes a combined residence/work permit. All of the required documentation (which varies according to the type of resident: see the lists provided by the Office of Citizenship and Migration affairs here) must be provided to the authorities, otherwise a residence permit may not be granted.

Non-EU/EEA citizens. Latvia is a signatory to the Schengen Agreement, meaning that citizens of those countries can enter visa-free. A number of non-EU/EEA countries also have agreements with Latvia that mean their citizens do not require a visa to enter the country. These countries include the USA, Australia, Canada, Mexico, New Zealand, Singapore, Hong Kong and Japan, amongst others. Where a visa is required, these should be obtained from the consular office in the country of residence before travelling to Latvia.

Residence permits (which also function as work permits) are likely to be required by non-EU/EEA citizens; again, details on the specifics, which vary, are available from the Office of Citizenship and Migration Affairs.

 
 

Latvia Summary Guide Contents

 Latvia Summary

 Latvia Summary Chart

 Latvia Residence

 Taxation of Business People in Latvia

 Living and Doing Business in Latvia

 Business Forms in Latvia

Latest Comments

Expat Brit

Hi,

I am facing a dilemma and would like to invite any reader to advise me.

I am a Brit who has lived outside UK since 1993- initially in Belgium (5 years) & subsequently in 4 African countries. After a year outside UK, the UK Inland Revenue confirmed my status as ‘non-resident’ for tax purposes and as I have had no income in UK, I have not completed a UK tax return for many years. I visit UK very rarely, normally for one or two weeks per year.

In May 2011, I was made redundent by my employers, who were downsizing. This coincided with a move to retire in the Netherlands, where I now have official residency (my wife is Dutch). I thought that, at 63 years of age, I would be unlikely to find suitable employment; in fact, I have not tried hard and had resigned myself to permanent (but slightly premature) retirement.

However, to my surprise, I have recently been approached (through a mutual acquaintance) by a company that wishes to use my skills on a project in the Isle of Man. The role, if & when confirmed, would see me working for about 10 days a month in Isle of Man, with about 5-7 additional days per month, working from home. Contract will be for about two years. The firm has asked me to confirm if I would prefer to be paid (and therefore be taxed) in Netherlands or Isle of Man, the idea being that I create a self-employment entity for this employment. I have no data on which to base a response. Given Isle of Man's traditional ‘low tax ‘environment, are there any benefits to declaring an income in IOM? Are there any Isle of Man residency implications? Netherlands takes a tax cut on total world wide income, and, as I have never had any contact with the Dutch authorities, I am reluctant to start such a relationship now. Do I have to declare income in both countries, with a breakdown prorata to the time spent in each jurisdiction? Should I declare income to UK Inland revenue?

If anyone has pertinent advice on these points, I’d be grateful to hear them.

TJM @ Eindhoven, NL

T. Dog

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Purchasing investment-link insurance for my staff

Would that count as income tax to my staff? And would that count as expense to my company?Michael

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Irish crisis - effects on small business?

Hi all,

Just wondering if anyone 'on the ground', as it were, might be reading and able to help me...I was considering relocating my hairdressing business from the UK to Ireland before the economy started to go properly belly-up...now, not so much.

Are things as bad as they seem over there, or is it being over-hyped by the media? And is the government still keen to support small business people? Cos if not, I'll look elsewhere...

Thanks,Kate

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Jersey vs. Malta??

Hi, I live in South Africa, and along with 2 business partners (one in South Africa and one in Ireland - all South African citizens though) are setting up a company that designs Smart phone applications. As they will be sold on the various platforms (none of which operate out of South Africa)we have to list our company as operating out of Ireland anyway. As such, we have decided to set up our company in the best tax country and are wanting info on whether Jersey or Malta is best? If anyone has some inside info we would really appreciate it!! Thanks!Mary

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Living in France contracting to Australian company

I am moving full time to France in Jan 2012 where I will be working as a freelance contract engineer to a number of Australian based companies. It is my choice to move to France not a work requirement. I will be renting my house out in Austrlalia and renting a house while I am in France. I hold both EU & Austrlain citizenshiip. I am married with 2 young children. Approx total family income $100k AUD.
Do I pay tax in France or Australia or both ?
Any help or guidance would be much appreciated.France move

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