Recent news
Latest items of recent news relevant to Latvia as reported in our fortnightly newswire ‘Dernières nouvelles’.
Latvia: 12.9% hike in the forthcoming minimum wage rate (2024)
Currently, the national gross monthly minimum wage is €620 (US$667) …
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Latvia: Major drop in industrial production
Over the year to July 2023, industrial production fell by an average of 8 …
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Latvia: Criminal penalties for stalking and threats of violence
Until now, threats of murder or to cause serious bodily harm, stalking, and violating protective orders were all treated by the law as misdemeanors and punishments were light …
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Latvia: Reduced income tax rate for foreigners working remotely
The Law of 15 June 2023 on Amendments to Personal Income Tax introduces a flat income tax rate of 15% for those on long-term visas working for foreign employers in another Organisation for Economic Co-operation and Development (OECD) Member country …
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Latvia: Moving a working day that falls between days off
It is common practice each year for the government to shift a working day that falls between two periods of time off to a later day – usually a Saturday in the same, or a following, month (Article 133 of the Labour Law) …
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Latvia: Minimum wage planned at EUR 620 in 2023
The Minimum wage will be increased to EUR 620 in 2023 and EUR 700 in 2024 …
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Latvia: Amendments to the “Law on Maternity and Sickness Insurance” passed 2nd reading
At second reading, the Saeima (parliament) has supported several amendments to the “Law on Maternity and Sickness Insurance” relating to parental leave …
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Latvia: Tax relief on child birth benefit
With effect from 1st July 2022, an employer may pay a one-off childbirth benefit of up to €250 (US$263 …
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Latvia: Measures introduced to reduce identity card processing times
The government is speeding up the process of issuing passports and identity cards …
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Latvia: Retirement age to reach 65 years in 2025
The retirement age will be gradually increased by 3 months every year until it reaches 65 years on 1st January 2025 …
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Latvia: Sickness benefit from April 2022
Changes made to state sickpay rules …
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Latvia: Plans to introduce remote work visas
The Saeima (the parliament) is currently considering a draft amendment to the immigration law to permit entry by Digital Nomads …
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Latvia: Changes to the maternity and sickness insurance law are planned
Implementation of the EU Work-Life Balance Directive is currently subject to debate before the Saeima (Parliament) …
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Latvia: Saeima raises the non-taxable minimum (2022)
The minimum monthly income exempt from personal income tax will rise from €350 (US$390) to €500 (US$556) from 1st July 2022 …
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Latvia: Average monthly gross wages and salaries amounted to EUR 1 277 in 2021
In 2021, the average monthly gross pay amounted to €1,277 (US$1,406) …
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