Moving to Venezuela from Latvia

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What to Expect

A comprehensive look at what changes when you move from Latvia to Venezuela — from daily expenses to quality of life.

If you moved from Latvia to Venezuela, you would find that Venezuela is 20.5% cheaper than Latvia overall. A €64,304 salary in Latvia would need to be roughly VEF556,707 in Venezuela to maintain the same lifestyle, and you’d need to navigate life in Spanish. Expect a noticeable climate shift — Caracas averages 86°F vs 50°F in Riga, making it significantly warmer.

How Far Will Your Money Go?

How your spending power changes when you relocate from Latvia to Venezuela.

What does your salary buy?

€64,304 VEF556,707

To maintain the same standard of living in Venezuela

Calculate with your salary →

The biggest cost differences at a glance

Restaurants

pay 16.1% less

Groceries

pay 42.2% more

Transportation

pay 8.8% more

Housing

pay 27.4% less

Childcare

pay 78.5% less

Entertainment and Sports

pay 42.5% less

See full cost of living breakdown
Exchange rate: 1 EUR = 11.63 VEF (June 2026)

Data: MyLifeElsewhere's crowdsourced cost of living database, with prices submitted and updated by users worldwide. Exchange rates are refreshed regularly from public sources.

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Who Else Is Making This Move?

Real numbers on people moving from Latvia to Venezuela, and how the trend has changed.

Living there in 2020
131 ↓ 6% vs 2015

people born in Latvia live in Venezuela · UN DESA

Who's moving to Venezuela?

Top countries of origin for Venezuela's foreign-born residents.

Foreign-born population · UN DESA (2020)

Key Indicator Comparison

How Latvia and Venezuela stack up on safety, healthcare, jobs, and infrastructure.

Is it safe?

Homicide rate United Nations SDG Indicators, 2022

per 100,000 people per year

LV
3.6
VE
12.6
Road traffic deaths United Nations SDG Indicators, 2021

per 100,000 people per year

LV
9.8
VE
13.2

Latvia performs better than Venezuela across all safety metrics.

How's the healthcare?

Healthcare spending per person World Bank, 2023

annual government + private spending per person

LV
$3,034
VE
$186
Doctors per 10,000 people United Nations SDG Indicators, 2021

affects wait times and access to care

LV
33.8
VE
16.6

Latvia generally does better on health & wellbeing, though Venezuela leads in healthcare spending per person.

What about the environment?

Air pollution deaths United Nations SDG Indicators, 2019

deaths attributable to air pollution per 100k people

LV
40.0
VE
32.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

LV
3.6t
VE
3.4t

Venezuela performs significantly better than Latvia across all environment metrics.

Will I have good infrastructure?

Broadband per 100 people United Nations SDG Indicators, 2022

fixed broadband subscriptions — key for remote work

LV
26.4
VE
9.6
Water stress level United Nations SDG Indicators, 2021

higher means greater strain on freshwater supply

LV
1.1%
VE
7.5%

Latvia performs better than Venezuela across all infrastructure metrics.

What are the job prospects?

Unemployment rate The World Factbook, 2023

percentage of the labour force without work

LV
6.5%
VE
5.5%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

LV
$37,800
VE
$7,704

Latvia generally does better on employment & economy, though Venezuela leads in unemployment rate.

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

LV
75.9 yrs
VE
73.3 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

LV
4.8
VE
17.7

Latvia performs better than Venezuela across all family life metrics.

Data: State Revenue Service, Latvia, The World Factbook, United Nations SDG Indicators, World Bank

What's the Climate Like?

Monthly averages — select a city to compare.

Riga Rain: 24.9 in/yr (633 mm)
50° / 36°F

Avg. annual high / low

Caracas Rain: 35.9 in/yr (913 mm)
86° / 61°F

Avg. annual high / low

Months Riga Caracas
Jan–Mar 31°/20°F (0°/-7°C) 87°/58°F (31°/14°C)
Apr–Jun 60°/42°F (15°/6°C) 88°/64°F (31°/18°C)
Jul–Sep 67°/51°F (20°/11°C) 86°/62°F (30°/17°C)
Oct–Dec 41°/31°F (5°/0°C) 84°/60°F (29°/15°C)
View all months
Month Riga Caracas
Jan 28°/18°F (-2.3°/-7.8°C) 84°/56°F (29.0°/13.1°C)
Feb 29°/18°F (-1.7°/-7.6°C) 88°/58°F (31.0°/14.5°C)
Mar 37°/24°F (2.7°/-4.7°C) 89°/60°F (31.7°/15.3°C)
Apr 50°/34°F (9.8°/1.0°C) 88°/61°F (31.1°/16.2°C)
May 61°/43°F (16.2°/5.9°C) 89°/65°F (31.8°/18.2°C)
Jun 68°/50°F (20.1°/10.0°C) 87°/65°F (30.3°/18.1°C)
Jul 71°/54°F (21.7°/12.3°C) 88°/62°F (31.0°/16.9°C)
Aug 70°/53°F (21.0°/11.8°C) 85°/62°F (29.3°/16.6°C)
Sep 61°/46°F (16.3°/8.0°C) 86°/62°F (30.1°/16.8°C)
Oct 51°/39°F (10.4°/4.0°C) 85°/62°F (29.7°/16.4°C)
Nov 39°/31°F (3.9°/-0.5°C) 85°/60°F (29.6°/15.7°C)
Dec 33°/24°F (0.3°/-4.4°C) 83°/58°F (28.4°/14.2°C)

Data: Latvian Environment, Geology and Meteorology Centre Latvian Environment, Geology and Meteorology Centre, Instituto Nacional de Meteorología e Hidrología (INAMEH) Instituto Nacional de Meteorología e Hidrología (INAMEH)

Visitor Visa Requirements

Short-stay tourist visa rules between Latvia and Venezuela. To live, work, or study long-term in Venezuela, you'll need a separate residence or work visa — check Venezuela's immigration authority.

Latvia passport

Latvia passport holder visiting Venezuela

Visa Free
Latvia passport holders can enter Venezuela without a visa.
Venezuela passport

Venezuela passport holder visiting Latvia

Visa Free
Venezuela passport holders can enter Latvia without a visa.

Data: Henley Passport Index. Check with the destination country's embassy for the most current requirements.

Frequently Asked Questions

Is it cheaper to live in Venezuela than Latvia?

Generally yes: Venezuela runs about 26% cheaper than Latvia on average, though it depends heavily on the city.

How much money do I need to move to Venezuela?

A safe rule of thumb is 3 months of local expenses plus relocation costs. On a €64,304 comparable salary, that's around VEF139,177 in Venezuela for everyday spending, before flights, shipping, deposits, and visa fees.

Can I work remotely from Venezuela?

With 9.6 fixed broadband subscriptions per 100 people, Venezuela can support video calls in major cities. The hard part is paperwork — visa category, employer policy on overseas staff, and tax residency in Latvia and Venezuela.

Is Venezuela safe for expats?

Latvia performs better than Venezuela across all safety metrics. The homicide rate in Venezuela is 12.6 per 100,000 people, compared to 3.6 in Latvia.

How is healthcare in Venezuela compared to Latvia?

Latvia generally does better on health & wellbeing, though Venezuela leads in healthcare spending per person. There are 16.6 doctors per 10,000 people in Venezuela, compared to 33.8 in Latvia. Venezuela scores 75 on the WHO universal health coverage index (Latvia: 75).

What's the weather like in Venezuela compared to Latvia?

The average high temperature in Caracas is 86°F, compared to 50°F in Riga. Caracas receives around 35.9 in of rainfall per year, while Riga gets 24.9 in.

What language do they speak in Venezuela?

The official language in Venezuela is Spanish. In Latvia, the official language is Latvian.

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At a Glance

LV VE
Population 1,842,226 29,789,730
Currency Euro (€) Venezuelan Bolívar Fuerte (VEF)
Languages Latvian Spanish
Driving side Right Right
Calling code +371 +58
Time zones 1 1
Emergency number 112 171