Freedom Score
Australia to Latvia: tax & freedom compared
How does Latvia score against Australia? The Freedom Score weighs six dimensions, built on primary government sources.
Net per month€3,741
Per year vs. Australia-€4,954
Tax
53/100
Residency
87/100
Cost of living
53/100
Living environment
73/100
Mobility
93/100
Ownership
85/100
Compared by dimension
On an average Australia income of €64,800 gross per year, you keep €44,890 net in Latvia: a difference of €4,954 per year compared with Australia.
- Tax: on this income Latvia lands at an effective rate of about 31%, against 23% in Australia.
- Passport and mobility: from Latvia you travel visa-free to 186 countries.
- Residency: on our accessibility scale Latvia scores 87 out of 100 for obtaining residency.
- Living environment: banking, internet, safety and healthcare together give Latvia a living-environment score of 73 out of 100.
Frequently asked questions
- What is the financial difference between Australia and Latvia?
- On an average Australia income it differs by roughly €4,954 net per year. Your own figure depends on your income and situation; calculate it with the free freedom check.
- Is this tax advice?
- No. Libaros compares on the basis of primary government sources and provides information. For personal decisions, consult a qualified adviser.
- What sources is this based on?
- The Freedom Score uses the OECD Tax Database, IATA Timatic, the Henley Visa Index and Eurostat, with direct links to primary government sources.
Order report · €29
Figures from primary government sources. Information, not advice.
Sources
OECD Tax Database · IATA Timatic · Henley Visa Index · Eurostat