The Republic of Latvia has recently opened its borders to digital nomads by launching Digital Nomad Visa for citizens of Organization for Economic Cooperation and Development (OECD) countries.
In the past, Latvian officials stated that the Digital Nomad Visa is designed to promote the immigration of qualified individuals who will further boost the country's economic growth.
As of now, several European countries, including Spain, Portugal, France, Germany, Croatia, Hungary, Malta, Estonia, Greece, Romania, Czech Republic, are offering Digital Nomad Visa.
According to an announcement, this policy will allow the digital nomads holding OECD nationality to stay and work remotely in Latvia for over a year. It will also include the renewal of the Digital Nomad Visa for another year, which will not require specific local sponsorship.
The declaration clarifies further that this opportunity can only be availed by those working with an employer registered with OECD and people in business having their company registered in the OECD countries.
The following EU and Non-EU countries are members of the Organization for Economic Co-operation and Development. These include:
Australia, Canada, Chile, Colombia, Costa Rica, Japan, Mexico, New Zealand, Norway, South Korea, Turkey, the United States, and the United Kingdom are the non-EU countries that are part of OECD.
To apply for a Digital Nomad Visa, the eligible applicants need the following documents.
Interior Minister Marija Golubeva stated that based on recent research analysis, it was found that countries having more open immigration policies have higher GDPs, lower unemployment rates, and more educated labour markets. Thus, understanding the need and benefits of this visa, Latvia has made a good decision for their nation.
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