Latvia Key Business Information
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Taxes
-
Corporate income tax – 15%
-
Personal income tax – 25%
-
Value added tax – 22%
-
Social security tax – 35%
Property prices (Updated July 1st, 2011)
|
RIGA CITY - Flats |
COST (€) |
YIELD (p.a.) |
PRICE/SQ.M. (€) |
|
TO BUY |
MONTHLY RENT |
TO BUY |
MONTHLY RENT |
|
50 sq. m. |
105,200 |
433 |
4.93% |
2,104 |
8.65 |
|
85 sq. m. |
189,635 |
637 |
4.03% |
2,231 |
7.49 |
|
120 sq. m. |
318,840 |
858 |
3.23% |
2,657 |
7.15 |
|
200 sq. m. |
542,400 |
1,538 |
3.40% |
2,712 |
7.69 |
|
RIGA SUBURBS - Flats |
|
|
45 sq. m. |
46,395 |
226 |
5.85% |
1,031 |
5.03 |
|
70 sq. m. |
76,800 |
378 |
5.91% |
1,024 |
5.04 |
|
120 sq. m. |
176,520 |
589 |
4.01% |
1,471 |
4.91 |
Source: Global Property Guide |