Analytics, EU – Baltic States, Financial Services, Latvia, Wages
International Internet Magazine. Baltic States news & analytics
Tuesday, 23.04.2024, 19:12
One-third Latvians living abroad ready to return if they could earn EUR 1,000 a month
Print version |
|---|
This according to a study conducted by researchers at the University of Latvia.
About half of Latvian emigrants said that they would be satisfied with a monthly salary of about EUR 1,000, while three-fourths of respondents said that a monthly salary of EUR 1,500 would motivate them to return to Latvia.
The authors of the study indicate that the main reasons why people choose to emigrate are the financial difficulties they face living here, an opportunity to earn more abroad, and a desire to improve one's quality of life. Respondents also said that they wish to save for retirement and that they are unable to pay back their bank loans.
The authors of the study are urging the government to consider improvements in the tax system, as a lot of Latvians emigrants were critical of it and mentioned it as one of the reasons why they left.
A total of 14,068 Latvian living in 118 countries participated in the survey.
«The Baltic Course» Is Sold and Stays in Business!
