In general, all jurisdictions can be divided into classic offshore, low-tax jurisdictions and prestigious jurisdictions. The prestige of a jurisdiction is equivalent to its rating, which is determined by taking into account and evaluating information from the International Sanctions List, the OECD Gray or Black List and the EU White List of Jurisdictions, as well as data on the development of financial markets and determining whether the jurisdiction is insufficient in the field of AML /FT and whether it raises any concerns about money laundering. These are the main criteria that matter in determining the prestige of a jurisdiction or not. It cannot be considered prestigious if it appears on any financial blacklist. https://www.immigration-residency.eu/residence-permit-latvia/real-estate/