Latvian Television's investigative programme De Facto reported on Sunday that approximately 200 foreigners have invested more than 10 million euros in the share capital of these companies.

So-called 'golden visa' initiatives were supposed to stimulate investment and encourage rich companies and individuals to relocate to Latvia, with benefits for the state's tax income, but came in for heavy criticism and allegations of abuse from the start and the rules have been redrawn several t...