Last Updated: Feb 2026

Cayman Islands Visa vs Latvia

Side-by-side comparison of tax rules, income requirements, and visa difficulty.

CriteriaCayman IslandsLatvia
Income$8,333/mo$4,200/mo
Savings OptionN/AN/A
Visa Fee$1,469$65
Processing3-4 weeks15 days
Validity2 years1 year (renewable to 2)
Cost TierUltra-HighMedium
Nomad Cost (est.)~$6,800/mo~$1,900/mo
1BR Rent~$3200~$650
Internet120 Mbps110 Mbps
Pet Friendliness4/107/10
Tax trigger183 days183 days
Insurance requiredYesYes
Pet Catch (2026)Highly regulated.Standard EU rules.

Travel Insurance Required

Cayman Islands deep-diveLatvia deep-dive