Moving to Latvia from Venezuela

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What to Expect

Considering a move from Venezuela to Latvia? Here's how the two countries compare on cost, climate, safety, and more.

If you moved from Venezuela to Latvia, you would find that Latvia is 2.5 times more expensive than Venezuela overall. A VEF748,088 salary in Venezuela would need to be roughly €86,411 in Latvia to maintain the same lifestyle, and you’d need to navigate life in Latvian. Expect a noticeable climate shift — Riga averages 50°F vs 86°F in Caracas, making it significantly cooler.

How Far Will Your Money Go?

A breakdown of how everyday costs differ between Venezuela and Latvia.

What does your salary buy?

VEF748,088 €86,411

To maintain the same standard of living in Latvia

Calculate with your salary →

How key spending categories compare

Restaurants

pay 27.1% more

Groceries

pay 0.5% more

Transportation

pay 65.4% more

Housing

pay 5.1 times more

Childcare

pay 4.9 times more

Entertainment and Sports

pay 92.8% more

See full cost of living breakdown
Exchange rate: 1 VEF = 0.086 EUR (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?

What the data shows about people moving from Venezuela to Latvia.

Moved in 2020
3 ↑ 200% vs 2019

people moved from Venezuela to Latvia · OECD (latest data available)

Who's moving to Latvia?

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

Foreign-born population · UN DESA (2020)

Key Indicator Comparison

The numbers behind daily life in Latvia compared to Venezuela.

Is it safe?

Homicide rate United Nations SDG Indicators, 2022

per 100,000 people per year

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

per 100,000 people per year

VE
13.2
LV
9.8

Latvia performs significantly better than Venezuela across all safety metrics.

How's the healthcare?

Healthcare spending per person World Bank, 2023

annual government + private spending per person

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

affects wait times and access to care

VE
16.6
LV
33.8

Venezuela generally does better on health & wellbeing, though Latvia leads in doctors per 10,000 people.

What about the environment?

Air pollution deaths United Nations SDG Indicators, 2019

deaths attributable to air pollution per 100k people

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

tonnes of CO₂ emitted per person per year

VE
3.4t
LV
3.6t

Venezuela performs 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

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

higher means greater strain on freshwater supply

VE
7.5%
LV
1.1%

Latvia performs significantly 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

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

a broad measure of economic output per person

VE
$7,704
LV
$37,800

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

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

deaths per 1,000 live births — lower is better

VE
17.7
LV
4.8

Latvia performs significantly better than Venezuela across all family life metrics.

Data: Ministerio del Poder Popular de Finanzas, SENIAT, The World Factbook, United Nations SDG Indicators, World Bank

What's the Climate Like?

Monthly averages — select a city to compare.

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

Avg. annual high / low

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

Avg. annual high / low

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

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

Visitor Visa Requirements

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

Venezuela passport

Venezuela passport holder visiting Latvia

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

Latvia passport holder visiting Venezuela

Visa Free
Latvia passport holders can enter Venezuela 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 Latvia than Venezuela?

On average Latvia is around 34% pricier than Venezuela, with notable variation by city.

How much money do I need to move to Latvia?

Budget about €21,603 for 3 months in Latvia (based on a VEF748,088 comparable annual salary), then add the one-off costs: flights, shipping, rental deposit, visa fees.

Can I work remotely from Latvia?

Connectivity is usually fine (Latvia: 26.4 fixed broadband per 100). What actually decides it is legal: does Latvia offer a digital nomad visa, will your employer permit overseas work, and where are you tax-resident?

Is Latvia safe for expats?

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

How is healthcare in Latvia compared to Venezuela?

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

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

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

What language do they speak in Latvia?

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

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At a Glance

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