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Posted

Wrong info. They are clueless how things are in Latvia and the EU.

 

"There are three options for obtaining investment residency in Latvia. First, you can buy real estate in Latvia for at least EUR 250,000. The second option is an interest-free government bond, also with a minimum requirement of EUR 250,000. Finally, you can invest in a bank bond for a minimum of EUR 280,000, and receive interest on your investment. All investments have to be retained for a 5-year period. A government fee of EUR 25,000 is payable for the government bond and bank bond options."

 

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Posted
11 minutes ago, Jingthing said:

I.was referring to the retirement option.

but who wants to live in latvia?

 

countries where no one wants to live have the easiest visa options.

 

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Posted (edited)

This is interesting about Estonia, but overall even though it's more difficult. the D7 visa for Portugal would probably be much better and still possible for most in the retirement category.

Estonia, too cold, and I would be worried about Russia.

 

In my case, I could qualify for Portugal, but would prefer Spain if I moved to Europe, but I don't qualify for that.

 

More expats are moving to France which can actually be affordable in the provinces, though I'm not up on the requirements.

 

For people with distant Italian relatives to be mined for residency, Italy is also popular.

Edited by Jingthing
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Posted (edited)

Check out this; Portimao, Portugal

It's like living in Spain. Language isn't.

There are many great deals now thank to exodus of tax "cheats" after they lost tax free benefit.

PS. Spain's local rules are good and they have lot of power to do what ever they like.

Many gays and lesbians go there to live together - legally.

Heteros can use the same trick, they don't care. They want new people.

"Unmarried couples in Spain will receive legal protection if the partners meet the following requirements: It can either be an opposite-sex couple or same-sex couple. You must be stably cohabiting (living together). You must have common interests to maintain a family life together."

 

 

 

Edited by GypsyT
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Posted
On 11/7/2024 at 3:56 AM, GypsyT said:

Wrong info. They are clueless how things are in Latvia and the EU.

 

"There are three options for obtaining investment residency in Latvia. First, you can buy real estate in Latvia for at least EUR 250,000. The second option is an interest-free government bond, also with a minimum requirement of EUR 250,000. Finally, you can invest in a bank bond for a minimum of EUR 280,000, and receive interest on your investment. All investments have to be retained for a 5-year period. A government fee of EUR 25,000 is payable for the government bond and bank bond options."

 

This is not about residency based on investment.

Posted

The Republic of Ireland is an EU member state.

 

If you have/had an Irish parent (born on either side of the border) you are automatically an Irish citizen.

 

You will need a copy of your and your parent's birth certificates and your parents' marriage certificate to obtain the passport.

 

If you have/had an Irish grandparent you can obtain Irish citizenship.

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Posted
16 hours ago, GypsyT said:

Once you get Residency you are FREE TO DRIVE to any 27 countries you want to.

NO border controls. No tracking like if you fly.

Latvia is not Thailand - Latvia doesn't care where you are.

Give me 250K Euro and I also won't care where you are.....

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Posted
1 hour ago, john donson said:

but why? I got EU citizenship...is this something for brits or yanks ?

 

Sure, it's only of interest for those who aren't already citizens or residents of an EU country. 

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Posted
5 hours ago, ericbj said:

The Republic of Ireland is an EU member state.

 

If you have/had an Irish parent (born on either side of the border) you are automatically an Irish citizen.

 

You will need a copy of your and your parent's birth certificates and your parents' marriage certificate to obtain the passport.

 

If you have/had an Irish grandparent you can obtain Irish citizenship.

Unfortunately for me in these questionable US times, my Irish roots date from Great Grandparents.

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Posted
50 minutes ago, Wrwest said:

Unfortunately for me in these questionable US times, my Irish roots date from Great Grandparents.

Well Ireland is desirable.

My ancestral options are basically war zones, so no thanks.

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Posted
22 hours ago, GypsyT said:

Once you get Residency you are FREE TO DRIVE to any 27 countries you want to.

NO border controls. No tracking like if you fly.

Latvia is not Thailand - Latvia doesn't care where you are.

 

Errr, didn't Germany recently re-instate border controls?

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Posted
15 hours ago, Drumbuie said:

The whole point of the Schengen area is free movement/borderless trade and travel -  which is why Brexit was and is such a disaster for the UK. 

 

Interesting, because the UK was never part of Schengen. 

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Posted
3 hours ago, spidermike007 said:

Also, the tax laws are for worse than what Thailand is proposing. 

 

A few years back I was looking into moving to Europe somewhere. Then I started looking into the various tax laws and I sort of stopped thinking about it. And at this time, much of Europe looks like a mess, at least in some of the big cities.  Maybe they'll clean up the mess sooner, rather than later?  

Posted
58 minutes ago, jas007 said:

 

A few years back I was looking into moving to Europe somewhere. Then I started looking into the various tax laws and I sort of stopped thinking about it. And at this time, much of Europe looks like a mess, at least in some of the big cities.  Maybe they'll clean up the mess sooner, rather than later?  

Good point about tax.

I don't know the details but Portugal did some things making things less tax friendly for expats.

So of course you need to look at tax anywhere.

Some people solve this by having multiple homes and never being a tax resident anywhere.

Not for me but many wealthy people like it.

Another question is what you get for the tax.

In France for example you have full access to their health system which is world class.

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