Nomad Score: 68%

Essentials

πŸ™οΈ City Riga, the capital of Latvia and the largest city in the Baltics, features a blend of modern and medieval architecture.
πŸ‘₯ Population Approximately 632,614
πŸ’» Internet Speed Average download speed of 100 Mbps
πŸ’Έ Currency & Banking Currency: Euro (1 EUR β‰ˆ 1.07 USD). Major banks include Swedbank and SEB.
🚰 Tap Water Drinkable
πŸ”Œ Power 230V, 50Hz, πŸ”Œ Type C/F sockets
πŸ“Ά SIM Card Providers: LMT, Bite, Tele2
πŸ’³ Banking for Expats Common payment methods include Revolut, TransferWise; acceptance of international credit/debit cards.
πŸ›Œ Accommodation Options include Airbnb, HomeAway, and local real estate agencies for long-term stays.
πŸ’³ Cashless Friendly Yes, cards accepted widely.
🏠 Short Term Rentals Airbnb, Booking.com, and local agencies offer various short-term rental options.
πŸ›οΈ Budget Accommodation Hostels like Hostel on 4th and Red Nose Hostels.

Working and Networking

🏒 Best Coworking Space Spaces by Osta, located in the heart of Riga.
β˜• Best Cafe for Work MākoΕ†i, known for its good coffee and ambiance for remote work.
πŸ’Ό Networking Events Riga TechGirls and various local meetups found on Meetup.com.
πŸ₯‚ Social Events for Expats Riga Expats Facebook Group hosts regular outings and community events.

Transportation

πŸš• Best Taxi/Ride App Bolt and Yandex.Taxi are widely used for rides.
🚲 Bike/Scooter Rental Citybee and Bolt scooters are available for rental.
πŸ–οΈ Best Beach Nearby JΕ«rmala Beach, located about 20 minutes from the city center.
✈️ Top Regional Airline Air Baltic, servicing regional flights.
✈️ Top International Airline Lufthansa and Scandinavian Airlines operate numerous international routes.
πŸ›£οΈ Highway Access E67 and A8 highways provide major road connections.
πŸš‰ Main Train/Transit Hub Riga Central Station
🚍 Public Transport Passes Single ride tickets, daily, and monthly passes available for trams and buses.
✈️ Regional Travel Options include buses (Lux Express) and trains to destinations like Sigulda and CΔ“sis.

Health and Wellness

πŸ₯ Best Hospital Riga East University Hospital
🧘 Yoga & Wellness Centers Yoga Now and Tyasana Yoga Studio are popular.
πŸ‹οΈ Gyms & Fitness Centers Fitness House and MyFitness are well-reviewed options.
🧺 Laundry Services Self-service laundromats like Wash & Go.

Food and Drink

πŸ“± Best Food Delivery App Bolt Food and Foodout offer extensive delivery options.
🍽️ Best Local Dish to Try Grey peas with bacon, a traditional Latvian dish.
🍱 Vegan/Vegetarian Options The Loco and Funky Vegan for plant-based dining.
🍫 Best Dessert Spots Laima Chocolate Museum and Cafe Viedi.
πŸ›’ Affordable Shopping Spots Riga Central Market for fresh produce and local goods.
πŸ›’ E-commerce/Online Store 220.lv for electronics and household items.
πŸ›’ Grocery Delivery Rimi and Maxima offer online shopping and delivery services.
🍸 Bar/Nightlife Area Riga Old Town, around Alberta Street.
🍻 Local Brewery Alus Darbnīca offers tours and tastings.
🍷 Wine Bars VΔ«na SΔ“ta specializes in local and imported wines.
🍲 Street Food Stalls Street food festival at the Spīķeri Quarter.
πŸ• Popular International Cuisine Marta's Thai Kitchen for Asian flavors.

Culture and Attractions

🎟️ Must-See Landmarks The House of Blackheads and the Freedom Monument.
πŸ›οΈ Museums & Art Venues Latvian National Museum of Art and The Museum of the Occupation of Latvia.
🏰 Historical Sites Riga Cathedral and St. Peter's Church.
πŸ• Religious Sites Nativity of Christ Cathedral.
πŸŽ‰ Annual Events Riga City Festival and Riga Opera Festival.
🎨 Cultural Districts Art Nouveau District and Spīķeri Quarter.
🎭 Theater Venues Latvian National Theatre and Daile Theatre.
πŸ›οΈ Local Markets Kalnciema Quarter Market for local crafts.
🎼 Music Scene Notable venues include Palladium and the Latvian National Opera.
🎨 Street Art Graffiti in the Miera iela district.
πŸ§‘β€πŸ³ Cooking Classes Latvian Culinary School offers various classes.
πŸ‘©β€πŸŽ¨ Art Galleries Galerija Centrs features local artists.
πŸ•°οΈ Historic Buildings The Three Brothers, the oldest complex of buildings in Riga.
🏴 Local Heritage Latvia’s vibrant cultural dances and folk traditions.

Nature and Outdoor Activities

πŸŒ… Nearby Nature Escapes Gauja National Park, about an hour's drive.
🏞️ National Parks Nearby The nearest park is Kemeri National Park.
🚲 Cycling/Walking Paths The Daugava River promenade is popular for cycling and walking.
πŸŒ„ Scenic Viewpoints The viewing platform at St. Peter's Church.
πŸ¦‰ Birdwatching Locations Kemeru National Park is excellent for birdwatching.
πŸ”₯ Bonfire-Friendly Spots Beach areas near JΕ«rmala have designated bonfire spots.

Other Services and Amenities

πŸ“¦ Parcel Delivery Service DPD and Omniva are reliable for parcel services.
πŸ› οΈ Tech Repair Services iFix servicing phones and laptops.
πŸ“ Table Tennis Spots Riga Sports Center offers table tennis facilities.
πŸ§‘β€πŸ« Language Classes Riga Language School provides Latvian and English classes.
πŸ“š Libraries & Study Spots Riga Central Library is popular for studying.
🏘️ Community Centers Cultural Center Imanta hosts various events.
πŸ•ΉοΈ Gaming Lounges GameZone offers gaming opportunities.
🎰 Casino & Gaming Halls Casino Riga located in the city center.

Business

🏒 Studio Purchase Price (City Center) Approx. €2,800 per mΒ² (e.g., 40 mΒ² = €112,000)
🏒 Studio Purchase Price (Outside City) Approx. €1,900 per mΒ² (e.g., 40 mΒ² = €76,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. €3,200 per mΒ² (e.g., 60 mΒ² = €192,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. €2,400 per mΒ² (e.g., 60 mΒ² = €144,000)
🏑 2-Bedroom Purchase Price (City Center) Approx. €2,900 per mΒ² (e.g., 80 mΒ² = €232,000)
🏑 2-Bedroom Purchase Price (Outside City) Approx. €2,200 per mΒ² (e.g., 80 mΒ² = €176,000)
πŸ’Ό Corporate Tax 20%
πŸ’΅ Dividend Withholding Tax 10%
🏦 Tax System Residents are taxed on their worldwide income.
πŸ“ˆ Highest Income Tax Bracket 31.4%
🧾 VAT 21%
🌐 Controlled Foreign Company (CFC) Rules Yes, strict rules apply.
🏠 Property Tax Yes, based on property value.
🏠 Property Transaction Tax Approx. 2% standard rate.