You can also become Latvian tax resident. To do so you need to fulfill at least one of the following conditions:
- you permanently reside in Republic of Latvia;
- you reside in Republic of Latvia 183 days or longer in any given 12 month period that starts or ends in taxation year.
The benefits of being Latvian tax resident include low tax rates:
- Personal income tax 23%
- Corporate income tax is 15%
- Personalincome tax from capital gain – 10%
- Income tax from real estate – 10%
- Dividends – 10%.