Nomad Watch

Essentials

City
Riga, Vidzeme, Latvia
Population
605,000
Internet Speed
Average 120 Mbps (Fiber is standard; one of the fastest in Europe)
Currency & Banking
Euro (€). 1 EUR ≈ 1.09 USD. Major banks: Swedbank, SEB, Citadele
Tap Water
Drinkable and safe, though some old buildings have metallic pipes; filters recommended
Power
230V, 50Hz, 🔌 Type C/F sockets
SIM Card
LMT, Tele2, Bite. Prepaid cards (e.g., Zelta Zivtiņa) available for €5 at Narvesen kiosks
Banking for Expats
Revolut and Wise are widely used. Local accounts available with residence permit
Accommodation
Booking.com, Airbnb, and local site City24.lv for long-term rentals
Cashless Friendly
Highly cashless. Even small markets and food stalls accept contactless payments
Short Term Rentals
Airbnb, Blue Bird Hostel, and Tree House Hostel (€35–€80/night)
Budget Accommodation
The Naughty Squirrel Backpackers (~€18/night for dorms, Old Town)
Best Area to Stay for Tourists
Vecrīga (Old Town) for history; Centrs for Art Nouveau architecture
Best Area to Stay for Digital Nomads
Quiet Center (Klusais centrs) or Āgenskalns (trendy, green, left bank)

Working and Networking

Best Coworking Space
Teikums (Jaunā Teika) - €15/day, €170/month; OraculeTang Space - €20/day
Best Cafe for Work
MiiT Coffee (Lāčplēša iela 10) - great Wi-Fi and vegetarian food; Rocket Bean Roastery
Networking Events
Riga TechGirls meetups, Digital Freedom Festival, and TechChill (February/March)
Social Events for Expats
Riga Expats & Nomads Facebook group; weekly meetups at Aussie Backpackers Pub

Transportation

Best Taxi/Ride App
Bolt (cheaper and more reliable than Uber in Riga)
Bike/Scooter Rental
Bolt Scooters (~€0.15/min), Sixt Bicycle sharing
Best Beach Nearby
Jūrmala (Majori/Dzintari) - 30 mins by train for €1.50
Top Regional Airline
airBaltic (Hub at RIX)
Top International Airline
Lufthansa, Finnair, Ryanair, Norwegian
Highway Access
A1 to Estonia (Tallinn), A2 to Sigulda, A7 to Lithuania (Vilnius)
Main Train/Transit Hub
Rīgas Centrālā stacija (Riga Central Station)
Public Transport Passes
E-talons (Yellow ticket). 1.50€ for 90-minute transfer; 30-day pass for €30
Regional Travel
Lux Express or FlixBus for international trips to Tallinn/Vilnius (~€15-€25)

Health and Wellness

Best Hospital
Riga East University Hospital (RAKUS) or ARS Medical Centre (Private)
Yoga & Wellness Centers
Labo Sajūtu Laboratorija; Urban Yoga (Antonijas iela)
Gyms & Fitness Centers
MyFitness (Multiple locations) - ~€40/month; Lemon Gym - ~€20/month
Laundry Services
Irve (Dry cleaning chain); Pūce Self-service laundry (Stabu iela)

Food and Drink

Best Food Delivery App
Wolt and Bolt Food
Best Local Dish to Try
Pelmeņi (dumplings) at Pelmeņi XL; Grey peas with bacon (Pelēkie zirņi)
Vegan/Vegetarian Options
Kozy Eats; Terapija (Stabu iela); Mazā Terapija
Best Dessert Spots
Muffins and More; Mulberry (luxury pastries); Rigensis (Old Town)
Affordable Shopping Spots
Riga Central Market (Centrāltirgus) - Europe's largest bazaar in zeppelin hangars
E-commerce/Online Store
220.lv, 1a.lv, Amazon.de (ships to Latvia)
Grocery Delivery
Barbora (Maxima), Rimi.lv, Wolt Market
Bar/Nightlife Area
Tallinas ielas kvartāls (Creative/Hipster quarter); Briāna iela
Local Brewery
Labietis (Aristida Briāna iela 9a); Valmiermuiža Embassy
Wine Bars
Vīnu Veikals & Kafejnīca (Kalnciema iela); Easy Wine (Old Town)
Street Food Stalls
Kalnciema Street Market (Saturdays); Central Market Food Court
Popular International Cuisine
The Catch (Japanese/Sushi); Shoyu (Ramen); Stock Pot (Asian fusion)

Culture and Attractions

Must-See Landmarks
Freedom Monument, St. Peter's Church (viewpoint), Art Nouveau District
Museums & Art Venues
Latvian National Museum of Art; Zuzeum Art Centre; Museum of the Occupation
Historical Sites
House of the Blackheads; Riga Castle; Swedish Gate
Religious Sites
Riga Cathedral (Doms); Nativity of Christ Orthodox Cathedral
Annual Events
Līgo/Jāņi (Summer Solstice, June); Staro Rīga (Light festival, November)
Cultural Districts
Spīķeri Creative District; Kalnciema Quarter
Theater Venues
Latvian National Opera and Ballet; Mikhail Chekhov Riga Russian Theatre
Local Markets
Agenskalns Market (renovated 19th-century pavilion); Central Market
Music Scene
Palladium Riga; Lielā Ģilde (Great Guild) for classical
Street Art
Ganiņu dambis area; Tallinas Kvartāls murals
Cooking Classes
Viesistaba Vintage (cooking workshops and events)
Art Galleries
Kim? Contemporary Art Centre; ISSP Gallery
Historic Buildings
Latvian Academy of Sciences (Stalinist architecture); Three Brothers
Local Heritage
Latvian Ethnographic Open-Air Museum (Brīvdabas muzejs)

Nature and Outdoor Activities

Nearby Nature Escapes
Mežaparks (city forest and lake); Ķemeri National Park (Great Bog Boardwalk)
National Parks Nearby
Gauja National Park (Sigulda) - 1 hour by train
Cycling/Walking Paths
Riga-Jūrmala bike path (20km); Promenade along the Daugava River
Scenic Viewpoints
St. Peter's Church bell tower (€9); Latvijas Zinātņu akadēmija terrace
Birdwatching Locations
Lake Kanieris (Ķemeri Park); Mangaļsala pier
Bonfire-Friendly Spots
Lucavsala Recreation Park; Vecāķi beach designated zones

Other Services and Amenities

Parcel Delivery Service
Omniva and DPD parcel machines (found everywhere); Latvijas Pasts
Tech Repair Services
iMaster (Apple repairs); Datoru ātrā palīdzība
Table Tennis Spots
Tallinas Kvartāls (Outdoor); Lucavsala Park
Language Classes
Latvian Language Agency; Skrivanek Language School
Libraries & Study Spots
Latvian National Library (Castle of Light) - spectacular work spaces
Community Centers
Kanepes Kultūras Centrs; Kaņieris Youth Center
Gaming Lounges
Goexanimo (Esplanāde area)
Casino & Gaming Halls
Olympic Voodoo Casino (Radisson Blu Latvija)

Business

Studio Purchase Price (City Center)
Approx. €2,800/m² (€112,000 for 40m²)
Studio Purchase Price (Outside City)
Approx. €1,500/m² (€60,000 for 40m²)
1-Bedroom Purchase Price (City Center)
Approx. €2,600/m² (€156,000 for 60m²)
1-Bedroom Purchase Price (Outside City)
Approx. €1,400/m² (€84,000 for 60m²)
2-Bedroom Purchase Price (City Center)
Approx. €2,400/m² (€192,000 for 80m²)
2-Bedroom Purchase Price (Outside City)
Approx. €1,300/m² (€104,000 for 80m²)
Corporate Tax
20% (only on distributed profits; 0% on reinvested earnings)
Dividend Withholding Tax
0% (if 20% CIT was paid at profit distribution)
Tax System
Worldwide income for residents; Flat tax elements
Highest Income Tax Bracket
31% (for income above €78,100)
VAT
21%
Controlled Foreign Company (CFC) Rules
Yes, applicable to non-EU/EEA low-tax jurisdictions
Property Tax
Typically 0.2% - 1.5% of cadastral value
Property Transaction Tax
1.5% State Fee (for individuals buying residential)
Attractive Tax System for Digital Nomads
Latvia offers a Digital Nomad Visa for citizens of OECD countries; 15% flat tax option for specific setups

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