Latvia approved 30 applications for investor visas and 53 dependent visas under its so-called golden visa programme in the first half of 2024, Investment Migration Insider reports. The biggest number of approved applications were submitted by Chinese (11) and Turkish (7) nationals. The EUR 50,000 business investment option accounted for 22 and real estate investments for 8 of the approvals. In 2023, Latvia issued a total of 47 investor visas. This is down sharply from earlier years, when Russian applicants dominated the golden visa programme. Latvia stopped issuing investor visas to Russian citizens in 2022.
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