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Ventspils, Latvia 🇱🇻
#902 ,

Nomad Score: 60%

Essentials

🏙️ City Ventspils is a picturesque city located on the west coast of Latvia, known for its maritime heritage and beautiful beaches.
👥 Population Approximate population of 33,000 residents.
💻 Internet Speed Average internet speed is around 100 Mbps, one of the better regions in Latvia.
💸 Currency & Banking Currency is Euro (EUR). 1 EUR ≈ 1.05 USD.
🚰 Tap Water Drinkable; tap water is safe to consume.
🔌 Power 230V, 50Hz, with Type C and F sockets.
📶 SIM Card Main mobile providers include LMT and Tele2.
💳 Banking for Expats Banks like Swedbank and SEB are widely used and accept various payment types.
🛌 Accommodation Options include rental apartments, hotels, and short-term rentals available on Airbnb.
💳 Cashless Friendly Yes, cashless payment is widely accepted.
🏠 Short Term Rentals Airbnb and Booking.com offer great options for short stays.
🛏️ Budget Accommodation Hostel Ventspils offers affordable lodging options for travelers.
🏙️ Best Area to Stay for Tourists The Ventspils Old Town is charming and close to most attractions.
🏙️ Best Area to Stay for Digital Nomads Central Ventspils encourages a community feel, making it great for longer stays.

Working and Networking

🏢 Best Coworking Space Ventspils Co-Working space, located in the city center, has reliable internet and amenities.
Best Cafe for Work Cafe Boulangerie is a cozy spot with good coffee and free Wi-Fi.
💼 Networking Events Regular meetups are available via Ventspils Business Incubator for local entrepreneurs.
🥂 Social Events for Expats Facebook groups like 'Expats in Ventspils' frequently organize gatherings.

Transportation

🚕 Best Taxi/Ride App Bolt operates in Ventspils for easy ride-hailing.
🚲 Bike/Scooter Rental Ventspils offers bike rentals through a local company, Ventspils Bikes.
🏖️ Best Beach Nearby Ventspils Beach is a beautiful spot, just 10 minutes from the city center.
✈️ Top Regional Airline Air Baltic operates flights to and from Rīga, connecting you to Ventspils.
✈️ Top International Airline Air Baltic and Ryanair offer various international connections.
🛣️ Highway Access Access via E22 highway connects Ventspils with major cities.
🚉 Main Train/Transit Hub Ventspils Train Station connects to Rīga with regular services.
🚍 Public Transport Passes Monthly passes are available for local buses, ensuring economical travel.
✈️ Regional Travel Buses and trains provide great connections to other Latvian cities.

Health and Wellness

🏥 Best Hospital Ventspils Hospital offers general healthcare needs.
🧘 Yoga & Wellness Centers Yoga Aline provides classes and wellness activities.
🏋️ Gyms & Fitness Centers Fitness Club Ventspils has modern facilities and various fitness programs.
🧺 Laundry Services Laundromat Ventspils offers self-service laundry options.

Food and Drink

📱 Best Food Delivery App Bolt Food and Wolt provide delivery services from local restaurants.
🍽️ Best Local Dish to Try Try 'Ventspils Sklandrausis', a traditional Latvian pie.
🍱 Vegan/Vegetarian Options Cafe Tête-à-Têta offers some great vegetarian options.
🍫 Best Dessert Spots Gelateria Ventspils for delightful ice creams and pastries.
🛒 Affordable Shopping Spots Ventspils Market is great for budget-friendly foods and local products.
🛒 E-commerce/Online Store Local shops sell products online, but also check global platforms like Amazon.
🛒 Grocery Delivery Rimi and Maxima offer grocery delivery services within the city.
🍸 Bar/Nightlife Area DineVillage offers a range of bars and nightlife options.
🍻 Local Brewery Ventspils Breweries produces a variety of local beers.
🍷 Wine Bars Baudrošs Wine Bar features a selection of wines from around Europe.
🍲 Street Food Stalls Ventspils Street Food Festival is a seasonal event showcasing local vendors.
🍕 Popular International Cuisine Restaurants like 'Portofino' offer Italian and Mediterranean meals.

Culture and Attractions

🎟️ Must-See Landmarks Visit the Ventspils Castle and the Seaside Open Air Museum.
🏛️ Museums & Art Venues Ventspils Museum offers rich insights into local history.
🏰 Historical Sites The Old Town of Ventspils showcases beautifully preserved architecture.
🕍 Religious Sites Ventspils Evangelical Lutheran Church is notable for its architecture.
🎉 Annual Events The Ventspils Summer Festival is a highlight every July.
🎨 Cultural Districts The Old Town serves as the cultural heart of Ventspils.
🎭 Theater Venues Ventspils Theatre holds regular performances throughout the year.
🛍️ Local Markets Ventspils Market is a hub for local goods and produce.
🎼 Music Scene The city hosts various concerts and music festivals throughout the year.
🎨 Street Art Explore the public art installed around Ventspils for a glimpse into local creativity.
🧑‍🍳 Cooking Classes Local culinary schools offer traditional Latvian cooking classes.
👩‍🎨 Art Galleries Ventspils Art Gallery showcases local and international artists.
🕰️ Historic Buildings The Old City Hall is an architectural gem.
🏴 Local Heritage The maritime heritage of Ventspils is celebrated throughout the city.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes The nearby Jurkalne Nature Reserve offers stunning coastal views.
🏞️ National Parks Nearby Kemeri National Park is a short trip away, offering rich biodiversity.
🚲 Cycling/Walking Paths The coastal path from Ventspils to the beach is popular among walkers and cyclists.
🌄 Scenic Viewpoints The Ventspils Lighthouse provides scenic views of the coastline.
🦉 Birdwatching Locations Fiskars Lake area is great for spotting various bird species.
🔥 Bonfire-Friendly Spots Designated areas on Ventspils Beach allow for bonfires during summer.

Other Services and Amenities

📦 Parcel Delivery Service Omniva provides reliable parcel delivery services across Latvia.
🛠️ Tech Repair Services Ventspils Tech Repair offers services for electronic devices.
🏓 Table Tennis Spots Community centers in Ventspils often have table tennis facilities.
🧑‍🏫 Language Classes Ventspils Language School offers courses for expats wanting to learn Latvian.
📚 Libraries & Study Spots Ventspils Central Library provides a quiet place for study and reading.
🏘️ Community Centers Youth House Ventspils hosts cultural and community events.
🕹️ Gaming Lounges Kafejnīca Rīgas offers a gaming section with various consoles.
🎰 Casino & Gaming Halls The local Casino Ventspils provides entertainment and gaming options.

Business

🏢 Studio Purchase Price (City Center) Approx. €1,800 per m² (e.g., 40 m² = €72,000)
🏢 Studio Purchase Price (Outside City) Approx. €1,400 per m² (e.g., 40 m² = €56,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. €1,600 per m² (e.g., 60 m² = €96,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. €1,200 per m² (e.g., 60 m² = €72,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. €1,500 per m² (e.g., 80 m² = €120,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. €1,100 per m² (e.g., 80 m² = €88,000)
💼 Corporate Tax 20% standard corporate tax rate.
💵 Dividend Withholding Tax 20% applicable on dividend distributions.
🏦 Tax System Residence-based taxation for individuals and entities.
📈 Highest Income Tax Bracket 31.4% maximum personal income tax rate.
🧾 VAT Standard Value Added Tax rate is 21%.
🌐 Controlled Foreign Company (CFC) Rules Yes, Latvia has some regulations in place.
🏠 Property Tax Annual property taxes are based on property value.
🏠 Property Transaction Tax Standard transaction tax is 2%.
💻 Attractive Tax System for Digital Nomads Latvia has been exploring incentives to attract digital nomads, including simplified taxation.

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