Frequently asked questions

General information about our platform

Are there any taxes applicable to my income generated on VIAINVEST?

As a licensed investment platform, VIAINVEST is legally required to withhold a tax from private investors’ income generated from investing in the regulated financial instruments within a platform.

The standard withholding tax rate is 5% for EU/EEA tax residents and 25.5% for all others, including Latvian tax residents. Some countries' rates can be reduced in accordance with tax treaties with Latvia. If your tax residency country allows you to take advantage of the lower withholding tax rate, please submit the certificate of residency issued by your tax residence country.

For the rate applicable to your country of tax residence, please see the table in the “What are the applicable tax withholding rates?” section below.

Please note that withholding tax is applied only to the interest portion of the revenue, while principal repayments are not taxed.

Where can I receive the tax residency certificate?

The tax certificate is provided by the tax authorities in your country of tax residence. Please contact the tax authority for information on how to receive your tax certificate. The certificates may be provided online or in-person depending on the country of residence.

Each country has its own definition of tax residence, but:

You are usually considered a tax resident in the country where you spend more than six months out of the year.
If you spend less than six months a year in another EU country, you will normally remain tax-resident in your home country.

How do I upload the tax residency certificate?

The document can be uploaded by visiting your profile and heading to the Settings -> Documents Upload page.

Once the document is approved, the reduced tax rate will automatically apply to any further interest income received to your VIAINVEST account.

What information do I need to state in my tax residency certificate?

Your tax residency certificate must include the following information:

Your full name and tax identification number.
Confirmation of the tax treaty between your tax residency country and Latvia, verifying that it applies to income generated in Latvia.
The current year or period for which the certificate is issued must be visible.

Some tax offices provide tax certificates separately for each country, and some of them include them all in one. Make sure your tax certificate confirms the existence of the treaty with Latvia.

What are the applicable tax withholding rates?

Once your submitted tax residency certificate is approved, you can benefit from the reduced tax withholding rates based on the double tax treaty with Latvia.

The standard withholding tax rate for EU/EEA tax residents is 5%, and a certificate is not required to have the standard rate applied. If your tax residency country is different from your citizenship country, a valid tax certificate confirming it is required; otherwise, your citizenship country will be used for tax purposes.

The full list of tax rates by country, effective January 1st, 2025, is provided below.

Private investor’s tax residence country	Tax residency certificate submitted	No tax residency certificate

Lithuania	0%	5%

Austria, Belgium, Bulgaria, Croatia, Czech Republic, Republic of Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Liechtenstein, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Iceland, Norway	5%	5%

Switzerland, The United Kingdom, USA, Hong Kong, Republic of India, Japan, Canada, Republic of Korea, United Mexican States, Republic of Singapore	10%	25.5%

Latvia, Brazil, Australia, South African Republic, Other	25.5%	25.5%

The rates in effect prior to January 1st, 2025 are listed below for your convenience.

Private investor’s tax residence country	Tax residency certificate submitted	No tax residency certificate

Lithuania	0%	5%

Austria, Belgium, Bulgaria, Croatia, Czech Republic, Republic of Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Liechtenstein, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Iceland, Norway	5%	5%

Switzerland, The United Kingdom, USA, Hong Kong, Republic of India, Japan, Canada, Republic of Korea, United Mexican States, Republic of Singapore	10%	20%

Latvia, Brazil, Australia, South African Republic, Other	20%	20%

The rates in effect prior to January 1st, 2023 are listed below for your convenience.

Private investor’s tax residence country	Tax residency certificate submitted	No tax residency certificate

Lithuania	0%	20%

Bulgaria	5%	20%

Austria, Belgium, Croatia, Czech Republic, Republic of Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, The United Kingdom, Iceland, Norway, Switzerland, USA, Hong Kong, Republic of India, Japan, Canada, Republic of Korea, United Mexican States, Republic of Singapore	10%	20%

Liechtenstein, Brazil, Australia, South African Republic	20%	20%

This particular business loan allows early exit from the investment taking into account specific annual interest rate calculation terms. Early exit options and respective annual interest rates are listed below. Early exit from the investment can be requested by pressing EARLY EXIT button available in this particular business loan profile. Invested principal and earned interest returns to investor account after selected notice period.

Reason for withdrawal from the agreement	Prior notice period	Guaranteed annual interest rate (paid on monthly basis)	Extra annual interest, paid once at the end of the agreement	Total annual interest rate
The loan maturity day	n/a	12%	2%	14%
Early exit request before the maturity day	1 month	12%	n/a	12%
Early exit request before the maturity day	3 month	12%	1%	13%
Early exit request before the maturity day	6 month	12%	2%	14%

By selecting one of the early exit options listed below, you will automatically inform VIAINVEST about your willingness to exit the investment after the selected period of time starting from the date when the request is made. Invested principal and respective earned interest will be transferred to your investor account after chosen time period.

Reason for withdrawal from the agreement	Prior notice period	Guaranteed annual interest rate (paid on monthly basis)	Extra annual interest, paid once at the end of the agreement	Total annual interest rate
The loan maturity day	n/a	11%	2%	13%
Early exit request before the maturity day	1 month	11%	n/a	11%
Early exit request before the maturity day	3 month	11%	1%	12%
Early exit request before the maturity day	6 month	11%	2%	13%

Reason for withdrawal from the agreement	Prior notice period	Guaranteed annual interest rate (paid on monthly basis)	Extra annual interest, paid once at the end of the agreement	Total annual interest rate
The loan maturity day	n/a	9%	2%	11%
Early exit request before the maturity day	1 month	9%	n/a	9%
Early exit request before the maturity day	3 month	9%	1%	10%
Early exit request before the maturity day	6 month	9%	2%	11%

*Two component compensation model: interest of 8% p.a. on monthly basis plus interest paid at maturity of the agreement, providing investor with yield to maturity range from 8% to 12% p.a. Interest paid at maturity derives from project Capitalization Rate and Real Estate sales price as follows:

Calculation example:

Capitalization Rate	Sales price	Yield to maturity
5,75%	< 38 093 071 €	8%
5,25%	38 093 071 € - 41 720 983 €	10%
4,75%	46 112 665 € <	12%

Capitalization rate indicates the expected rate of return an investor is likely to achieve on an investment property. The rate is calculated by dividing net annual operating income by the value of the property and multiplied by 100 to get the percentage.