reasons to invest in

Latvia


/

Heart of the New Nordics

We are becoming the HQ of sustainable innovations by addressing the circular economy and climate challenges. Latvia creates an environment for global scale rapid innovations and long-term investments.

#3

Latvia is 3rd in EU for renewable energy use
(Source: Eurostat)
Skilled and motivated talent pool

Latvia is 2nd in the world according to the number of females obtaining master's degrees (Source: Education at a Glance 2022)

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Developed infrastructure

Top-level infrastructure from well-developed transport and logistics to IT and communications. Latvia is 17th in the world on Economic Freedom Index (2023)

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Cost effective environment

Latvia`s tax system has been recognised as 2nd most competitive in the world (Source: International Tax Competitiveness Index 2023)

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Strong startup ecosystem

Tech-savvy founders are attracted by Latvia's favorable startup policies and vast funding opportunities. Latvia is the #1 startup-friendly country in the world (SIfted, 2021)

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5

Latvia has five Special Economic Zones (SEZ), which can offer appealing tax rebates for your business

Care of Sweden

"The decision of the Swedish company Care of Sweden to build a production plant in Liepāja confirms that Latvia is attractive for investments."

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Kaspars RožkalnsDirector of Investment and Development Agency

Marcegaglia

"We are delighted to have invested in Latvia and we are confident that our cooperation will continue to deliver great results in the future. We plan to resume operations very soon."

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Antonio Marcegagliapresident and CEO of the company Marcegaglia

Other video stories:

Care of Sweden
Marcegaglia

51%

of territory is covered by forest
making Latvia one the greenest countries in EU

Key sectors

Read why they have chosen Latvia

Recent news

Our advisors

LIAA team is supporting foreign investors worldwide. We have closed the Representation Offices in Russia and Belarus.
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