Skip to content

Head to head

Barbados vs Latvia: the digital nomad visas compared

Partially verified Last verified June 15, 2026 Reviewed by Henry van de Vorming

The short version

  • Barbados has the lower entry bar: €3,855 per month versus €4,213 for Latvia.
  • Tax treatment differs: Barbados — foreign income exempt; Latvia — special tax regime. Tax outcomes depend heavily on personal circumstances.
Side-by-side comparison of the Barbados Welcome Stamp and the Latvia DNV.
Criteria Barbados Welcome Stamp Latvia DNV
Minimum income / month €3,855 (better) €4,213
Income basis Savings accepted Mixed (salary, freelance or savings)
Initial duration 1 year 1 year
Renewable Yes Yes
Maximum total stay No fixed limit 2 years
Path to permanent residence No No
Path to citizenship No No
Family inclusion Yes Yes
Working for local clients Not allowed Not allowed
Tax treatment Foreign income exempt (Remote Employment Act, 2020-23 (Welcome Stamp non-resident treatment)) Special tax regime (Optional 15% PIT for OECD digital-nomad-visa holders)
Health insurance Required (explicit) Required (explicit), min. €42,600
Insurance duration required Full visa period Full visa period
Application fee ≈ €1,850 ≈ €90 (better)
Where to apply Online Embassy / consulate
Processing time 1–2 weeks —

Green values mark the objectively better number in that row.

Full guide

Barbados Welcome Stamp →

Requirements, application steps, insurance and sources.

Full guide

Latvia DNV →

Requirements, application steps, insurance and sources.

Don't forget insurance

Both programs have their own health-insurance rules — we match plans against each one's published requirement, with the evidence shown.

Insurance for Barbados → Insurance for Latvia →

Sources