Latvia's Saeima passed a new Immigration Law on 11 June 2026 that significantly changes the country's Golden Visa programme. The law awaits presidential signature and is set to enter into force on 1 January 2027.
The EU has reached a deal to overhaul air passenger rights, maintaining 3-hour delay compensation payouts and introducing new transparency requirements for hand baggage fees. The reform is also intended to make claims easier to process.
Latvia offers a 0% tax rate on reinvested profits and allows some companies to be registered quickly in a digital-friendly environment. The country is positioned as an entry point to the European market for foreign entrepreneurs and investors.
Australia and the EU have concluded a trade agreement after eight years of negotiations that includes labor mobility provisions allowing professionals to work for up to four years. Ratification is expected to take approximately two years before the provisions take effect.
Non-EU/EEA nationals staying in Latvia beyond 90 days within a 6-month period must obtain a residence permit. Permits are available for purposes including work, study, family reunification, and investment, with a Golden Visa residency-by-investment program also available.