Key Points
- Latvia will increase its national minimum wage requirements to EUR 700 beginning 1 January 2023
Overview
The government of Latvia will increase the national minimum wage to EUR 700 beginning 1 January 2024. Currently, the national minimum wage is set at EUR 620. The adopted Regulation applies to employers and employees.
What are the Changes?
Beginning 1 January 2023, Latvia will increase its national minimum wage requirements to EUR 700. According to the announcement, these measures will better align the country’s minimum wage requirements with the standard of living throughout the country.
Looking Ahead
Continue to check the government of Latvia’s website and Envoy’s website for the latest updates and information.
Content in this publication is for informational purposes only and not intended as legal advice, nor should it be relied on as such. For additional information on the issues discussed, consult an attorney at Corporate Immigration Partners, P.C., or another qualified professional of your choosing. On non-U.S. immigration issues, consult your Envoy representative, or another qualified representative of your choosing.
