Latvia

SHORT INFORMATION

Latvian Political System

According to the Constitution (Satversme), Latvia is a parliamentary republic in which the sovereign power belongs to the people, who are represented by a unicameral parliament (Saeima), with 100 members elected in general, equal, direct, secret and proportional elections for a four-year period.

SHORT INFORMATION

Healthcare in Latvia

Latvia has a low standard of compulsory state funded healthcare. Many public health buildings need refurbishment, reconstruction and more advanced equipment. Healthcare is available to all citizens and registered long-term residents Private healthcare is also available in the country.

SHORT INFORMATION

Currency & money in Latvia

he official currency of the Latvian Government is the Latvian LAT. There are three abbreviations that are commonly used. They are (LS), (LVL) and sometime (LAT or LATS).

The Euro is used for hotel, apartment and real estate pricing and for most apartment rental transactions. The US Dollar is being used less and less.