Latvia Home Europe Latvia Regional Statistics Capital Gains Tax in Latvia More LV × Latvia Regional Statistics Square Meter Prices Rental Yields Rents Price/Rent Ratio Price/GDP per Cap Buy/Sell Costs Rental Income Tax Capital Gains Tax Price Change 1 yr Price Change 5 yrs Price Change 10 yrs Landlord & Tenant Law GDP Per Capita GDP/Cap Growth 1 yr GDP/Cap Growth 5 yrs Economic Freedom Ec. Freedom 5 yrs Competitiveness Property Rights Index Currency +/- Value Taxes on Residents Financial Overview Overview House Prices Market in Depth Rental Yields Income Tax et al Tax Example Taxes if Resident Buying Guide Landlord and Tenant Property Inheritance Country Statistics Property Investments Where to Buy Survey of Latvia Centre Riga City Zemgale Ziemelu Key Contacts Accountants Lawyers Real Estate Agents Capital Gains Tax (Effective) in Latvia compared to Europe Footnote | Export Sort: Alphabetically | Ascending Rank | Descending Rank Click name of country for detailed information Finland 34.00% France 33.30% Ireland 33.00% Iceland 31.80% Sweden 30.00% UK 28.00% Portugal 28.00% Austria 27.50% Slovak Rep. 25.00% Denmark 24.00% Norway 24.00% Russia 20.00% Cyprus 20.00% Estonia 20.00% Serbia 20.00% Luxembourg 19.48% Spain 19.00% Ukraine 18.00% Liechtenstein 17.01% Albania 15.00% Hungary 15.00% Greece 15.00% Lithuania 15.00% Latvia 15.00% Czech Rep. 15.00% Belarus 13.00% Malta 12.00% Bosnia & H. 10.00% Moldova 10.00% Macedonia 10.00% Bulgaria 10.00% Slovenia 10.00% Montenegro 9.00% Andorra 6.00% Netherlands 1.62% Romania 0.00% Switzerland 0.00% Croatia 0.00% Germany 0.00% Poland 0.00% Italy 0.00% Turkey 0.00% Belgium 0.00% Monaco 0.00% Latvia: Capital gains taxes (%). In arriving at effective capital gains tax rates, the Global Property Guide makes the following assumptions: The property is directly and jointly owned by husband and wife; They have owned it for 10 years; It is their only source of capital gains in the country It has appreciated in value by 100% over the 10 years to sale The property was worth US$250,000 or 250,000 at purchase. It is not their sole or principal residence. These assumptions are critical. In many countries a holding period of less than 5 years results in capital gains being taxable. But a longer holding period often results in no capital gains tax being payable. For more details see the Data FAQ Source: Global Property Guide Research, Contributing Accounting Firms Latvia generates monthly average apartment prices, issued by private entities, Arco Real Estate and Ober Haus. The Central Statistical Bureau of Latvia started producing annual average house prices in 2004 but stopped in 2009. High quality general economics statistics for Latvia are published by the Bank of Latvia and the Central Statistical Bureau of Latvia.