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Riga, Latvia 🇱🇻
#898 ,

Nomad Score: 71%

Essentials

🏙️ City Riga, the capital of Latvia, is a vibrant city known for its art nouveau architecture and rich history.
👥 Population approximately 632,614
💻 Internet Speed up to 100 Mbps
💸 Currency & Banking 1 EUR ≈ 1.07 USD; major banks include Swedbank, SEB, and Luminor.
🚰 Tap Water Drinkable
🔌 Power 230V, 50Hz, 🔌 Type C/F sockets
📶 SIM Card Providers like LMT and Tele2 offer competitive mobile data packages.
💳 Banking for Expats Revolut, TransferWise, and local banks are widely accepted.
🛌 Accommodation Options include Airbnbs, hostels, and serviced apartments. Average prices for long-term rentals: €400-€800/month.
💳 Cashless Friendly Yes, cards are accepted widely.
🏠 Short Term Rentals Popular platforms include Airbnb and Booking.com.
🛏️ Budget Accommodation Hostel Talisman and Red Nose Hostel are good budget options.
🏙️ Best Area to Stay for Tourists Old Town (Vecrīga) is the historical heart of the city.
🏙️ Best Area to Stay for Digital Nomads The City Center and quieter neighborhoods like Āgenskalns offer good amenities.

Working and Networking

🏢 Best Coworking Space Fabrika and Teikums are popular coworking spaces with good facilities.
Best Cafe for Work Rocket Bean Roastery offers great coffee and a good work environment.
💼 Networking Events Meetups are held regularly through platforms like Meetup.com, especially in tech.
🥂 Social Events for Expats Riga Expats Facebook Group organizes regular meetups and community events.

Transportation

🚕 Best Taxi/Ride App Bolt is widely used for rides in Riga.
🚲 Bike/Scooter Rental Juuve and Circ offer bike and e-scooter rentals around the city.
🏖️ Best Beach Nearby Jūrmala Beach, about 30 minutes away by train.
✈️ Top Regional Airline airBaltic is the primary carrier serving the region.
✈️ Top International Airline Lufthansa and KLM operate frequent flights from Riga.
🛣️ Highway Access The A1 highway connects Riga to other major Latvian cities.
🚉 Main Train/Transit Hub Riga Central Station is the main transport hub.
🚍 Public Transport Passes Riga Card offers unlimited access to public transport, starting at €20/week.
✈️ Regional Travel Buses and trains are available to get to nearby towns like Sigulda and Cēsis.

Health and Wellness

🏥 Best Hospital Riga East Clinical University Hospital for comprehensive healthcare.
🧘 Yoga & Wellness Centers Yoga Center Riga offers various classes and wellness programs.
🏋️ Gyms & Fitness Centers Gym24 and MyFitness offer various fitness options.
🧺 Laundry Services Self-service laundries like Wash & Go are available throughout the city.

Food and Drink

📱 Best Food Delivery App Wolt and Bolt Food are popular for food delivery.
🍽️ Best Local Dish to Try Try Grey Peas with Bacon, a traditional Latvian dish.
🍱 Vegan/Vegetarian Options Vegan and Vegetarian places like Raw Garden and Alla Pugačova.
🍫 Best Dessert Spots Try popular bakeries like Saldais Rūķis for delicious pastries.
🛒 Affordable Shopping Spots Central Market for fresh produce, meats, and traditional foods.
🛒 E-commerce/Online Store Local marketplace with options include 220.lv and VaruNoRiga.lv.
🛒 Grocery Delivery Rimi and Maxima have delivery options available.
🍸 Bar/Nightlife Area The Miera iela neighborhood is popular for its bars and nightlife.
🍻 Local Brewery Aldaris Brewery for local beer tasting.
🍷 Wine Bars Try Vīna Studija for a variety of wines.
🍲 Street Food Stalls Street food festivals occur regularly; look for trucks in the city center.
🍕 Popular International Cuisine Restaurants like Lido offer local and international dishes.

Culture and Attractions

🎟️ Must-See Landmarks Riga Old Town, House of Blackheads, and the Freedom Monument.
🏛️ Museums & Art Venues The Latvian National Museum of Art showcases local talent.
🏰 Historical Sites Riga Castle and St. Peter's Church are key historical attractions.
🕍 Religious Sites The Stunning Riga Cathedral is a must-visit.
🎉 Annual Events Riga City Festival occurs every August, celebrating local culture.
🎨 Cultural Districts Kalnciema Street is known for its cultural vibe and markets.
🎭 Theater Venues The Latvian National Theater is renowned for its performances.
🛍️ Local Markets Central Market offers local produce and crafts.
🎼 Music Scene Enjoy live music at venues like Palladium and Daile Theater.
🎨 Street Art Explore the street art in the Miera iela area.
🧑‍🍳 Cooking Classes Cooking classes offered by various local chefs can be found on platforms like Airbnb Experiences.
👩‍🎨 Art Galleries Galerija A4 and Art Museum offer unique exhibitions.
🕰️ Historic Buildings The Dome Cathedral is known for its historical architecture.
🏴 Local Heritage Celebrate Latvian traditions through festivals and events in the city.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Kemeri National Park is a great place for hiking and nature exploration.
🏞️ National Parks Nearby Gauja National Park is just an hour from Riga and perfect for day trips.
🚲 Cycling/Walking Paths Many paths along the Daugava River offer great views and leisurely walks.
🌄 Scenic Viewpoints The rooftop of St. Peter's Church provides panoramic views of the city.
🦉 Birdwatching Locations Bioring in Ķemeri is an excellent spot for birdwatching.
🔥 Bonfire-Friendly Spots Many parks like Mežaparks allow bonfires in designated areas.

Other Services and Amenities

📦 Parcel Delivery Service DHL and Latvijas Pasts are reliable for courier services.
🛠️ Tech Repair Services Repair cafés and shops like Fixit offer device repair services.
🏓 Table Tennis Spots Local community centers often have ping pong tables for public use.
🧑‍🏫 Language Classes Language donations are available through various local institutions.
📚 Libraries & Study Spots The National Library of Latvia is an excellent place for studying.
🏘️ Community Centers Riga's community centers offer cultural events and classes.
🕹️ Gaming Lounges Check out the events at various e-sport venues in Riga.
🎰 Casino & Gaming Halls Olympic Casino and other establishments offer gaming options.

Business

🏢 Studio Purchase Price (City Center) Approx. €2,500 per m² (e.g., 40 m² = €100,000)
🏢 Studio Purchase Price (Outside City) Approx. €1,800 per m² (e.g., 40 m² = €72,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. €2,800 per m² (e.g., 60 m² = €168,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. €1,600 per m² (e.g., 60 m² = €96,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. €2,600 per m² (e.g., 80 m² = €208,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. €1,500 per m² (e.g., 80 m² = €120,000)
💼 Corporate Tax 20%
💵 Dividend Withholding Tax 20%
🏦 Tax System Flat tax system of 20% on personal income.
📈 Highest Income Tax Bracket 23%
🧾 VAT 21%
🌐 Controlled Foreign Company (CFC) Rules Yes, applicable to residency and business income.
🏠 Property Tax 1.5% annual tax rate on property value.
🏠 Property Transaction Tax 2% standard rate on property purchases.
💻 Attractive Tax System for Digital Nomads Foreign income is generally not taxed if not residing in Latvia.

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