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Latvia
Latvia offers a European city with the sea alongside it: Riga is compact, Jūrmala is half an hour away, and Kurzeme and Latgale supply the quiet provinces. Costs are below Scandinavia and northern Germany, rent is moderate, and winter utility bills are the item that surprises. The climate is continental: snowy winters, mild summers and a long wet autumn. Latvian is required for citizenship and many positions, the labour market is narrow, and salaries trail Western Europe.
Facts about the destination
€1,090
Living solo, economy
Continental
Climate
Cost of living3
- Living solo, economy
- €1,090 per month
- Living as a couple, comfort
- €3,230 per month
- Living as a family, premium
- €6,184 per month
Entry and visas7
- Nomad visa
- No such programme
- Work visa
- Open
- Student visa
- Open
- Retirement visa
- No such programme
- Paid residency program
- No such programme
- Investment residency
- Open
- Самый дешёвый вход — доля от €50 000 в капитале небольшой местной компании плюс разовый взнос €10 000 в бюджет; дороже идут недвижимость от €250 000 в Риге и субординированный вклад в банке от €280 000 со сбором €25 000. Трек через недвижимость держится на праве купить её: паспорту, которому покупка закрыта, он недоступен вместе с ней.
- Residency by investment: entry threshold
- from $57,000
Money and housing7
- Median rent
- $560 per month
- Tax system
- Worldwide income taxed
- Income tax, maximum
- up to 33%
- Price per square metre
- $2,800 per m²
- Property ownership for foreigners
- With restrictions
- С 2025 года по части паспортов покупка запрещена (исключение — единственное жильё для проживания); для остальных иностранцев действуют обычные ограничения на землю.
- Special regime for new residents
- No
- Mortgage for non-residents
- No
Safety and environment6
- Air quality
- AQI 30
- Хорошее качество воздуха, среди лучших показателей в Европе.
- Safety
- 4 out of 5
- Armed conflict
- Elevated risk
- Healthcare
- 3 out of 5
- Internet
- 5 out of 5
- Insurance required for a visa
- Yes
Language and daily life4
- English
- 3 out of 5
- Russian-speaking
- 5 out of 5
- Banking
- 1 out of 5
- MIR cards
- No
Legalization9
- Years to permanent residency
- 5 years
- Years to citizenship
- 10 years
- Remote work for foreign clients
- No
- Citizenship by investment
- No such programme
- Hiring a foreigner
- Hard
- Ease of legalization
- 1 out of 5
- Одна из самых закрытых стран региона для держателя паспорта РФ — и вот-вот станет ещё более закрытой из-за запрета на недвижимость.
- Second passport kept after naturalisation
- No
- Citizenship for a child born here
- Not granted
- Fast-track naturalisation
- No
Climate and region3
- Climate
- Continental
- Kind of destination
- To live in
- Region
- Europe
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