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Prohibition for citizens of Russia and Belarus from acquiring real estate in Latvia
On July 3, 2025, the Law on Restriction of Transactions Threatening National Security came into force, prohibiting citizens of Russia and Belarus, as well as legal entities registered in these countries, from acquiring real estate in Latvia. The law establishes that henceforth in Latvia it is prohibited to acquire real…
24.07.2025 Dmitrijs Sustovs, head of the Litigation department of the Law
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Dual citizenship in Latvia Residence permit in Latvia for descendants of Latvians Rules for obtaining a temporary residence permit for russian citizens
Tax system for entrepreneurs in Latvia
In Latvia, the tax system for entrepreneurs depends on the chosen form of activity and tax regime. Below are the taxes in Latvia as of 03.07.2025. Main taxes for individual entrepreneurs Personal income tax (IIN) 25.5% – standard rate on income.33% – if income exceeds € 105,300 per year (progressive…
04.07.2025 Maya Geraskina, tax consultant
Latvian citizenship for descendants of Latvians
Persons who are descendants of Latvians often ask a typical question: “My ancestor lived in Latvia and emigrated. Can I apply for Latvian citizenship? Do I have to renounce my existing citizenship?” The answer to this question depends on several factors: is the applicant a Latvian; does he/she have evidence…
11.06.2025 Irina Stromberga, lawyer
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