On February 21, 2022, President of Latvia Egils Levits has promulgated the law “On Goodwill Reimbursement to the Jewish Community of Latvia”. The law provides for goodwill compensation to the Jewish community of EUR 40 million over a period of ten years, starting in 2023, for properties nationalized during the Soviet occupation. Financial resources will be allocated to the Latvian Jewish Community Restitution Fund to restore and preserve the cultural and historical heritage of Latvian Jews, support Jewish organizations and implement activities and projects dealing with religion, culture, education, research, healthcare, sports and charity, promote consolidation, unity and development of the civil society.
The answers to the questions about the law are available here.