Aerial view of Riga, Latvia showcasing its iconic bridge and cathedral in winter.Aerial shot of snow-covered Old Town Riga with the Daugava River and iconic architecture in winter.Stunning aerial photograph of Riga's historic center and Daugava River skyline in Latvia.A stunning black and white aerial view of Riga's historic architecture and skyline.Illuminated historic arched iron Railway Bridge reflecting in river water against cloudless night sky in Riga

Latvia

Europe Β· Northern Europe

Very High PeaceModerate Cost of Living
Very High DevelopmentFlawed Democracy
Population1.9M148th
GDP / Capita$23KHigh
PPP / Capita$43KModerate
Gender Inequality0.142Very Low
Life Expectancy76 yrsHigh

Art Nouveau architecture, affordable Baltic living β€” strong startup scene.

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Digital Nomad

Ideal destination

🏑

Expat

Ideal destination

At a Glance

64
HighSafety
58
ModerateCost of Living
84
Very HighQuality of Life
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Latvia

Latvia is a Baltic country with a beautifully preserved Art Nouveau capital in Riga, a wild and largely empty coastline along the Baltic Sea, and deep forests and river valleys that give way to a culture rooted in song, nature, and a remarkable tradition of choral music. The people are reserved at first but warm once trust is established, and the food and cafΓ© culture have developed considerably. It suits those who appreciate quietness, design, and the particular northern European quality of light.

  • Riga has more Art Nouveau architecture per square kilometre than any city in Europe.
  • One of the fastest-shrinking populations in the world due to emigration.
  • Invented the Christmas tree tradition β€” predating Germany's claim.
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Quick Facts

Capital

Riga

Language

Latvian

Currency

€ EUR

Area

62,230 kmΒ²

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Nomad Hub

Fixed Broadband

140Mbps

Fast51st globally

Mobile

150Mbps

Fast27th globally
EnglishHigh
PlugType C/F

πŸ’»Digital Nomad Visa

Min. Income

€3,843/mo

Duration

12 months

Renewable

Yes

Application Fee

~€60

~$66

Application difficultyMedium
Tax treatmentSpecial/flat rate
Processing time~30 days
Health insuranceRequired
DependentsYes
Apply onlineIn person / consulate
Path to residencyNo
Open to all nationalitiesRestricted

GDP / Capita

i

$23K

High

PPP / Capita

i

$43K

Very High

Inflation

i

1.3%

Low

Unemployment

i

6.6%

Moderate

Innovation (GII)

i

37.5

Above Avg

GNI / Capita

i

$22K

High

Tax Revenue

i

17.8%

FDI Inflows

i

3.5%

Education Spend

i

4.3%

Cost of Living

i

52.3

Moderate

Price Level Index

i

34th pct

Moderate

20-Year Trend + IMF Forecast

Income & inflation over time

i
+221% nominal+62% real
$17K$33K$50K5%10%15%200520102015202020252027
GDPPPPInflationIMF forecast
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Neighbouring Countries