Freedom Score

India to Latvia: tax & freedom compared

How does Latvia score against India? The Freedom Score weighs six dimensions, built on primary government sources.

Net per month€1,140
Per year vs. India-€2,980

Tax

65/100

Residency

87/100

Cost of living

0/100

Living environment

73/100

Mobility

32/100

Ownership

85/100

Compared by dimension

On an average India income of €18,000 gross per year, you keep €13,685 net in Latvia: a difference of €2,980 per year compared with India.

  • Tax: on this income Latvia lands at an effective rate of about 24%, against 7% in India.
  • 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 India and Latvia?
On an average India income it differs by roughly €2,980 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.
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Figures from primary government sources. Information, not advice.

Sources

OECD Tax Database · IATA Timatic · Henley Visa Index · Eurostat