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.

#2

Latvia is 2nd greenest country in the EU
(Source: Eurostat, the WHO and the European Environmental Agency)
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 2021)

Read full story
Developed infrastructure

Top-level infrastructure from well-developed transport and logistics to IT and communications. Latvia is 18th in the world on Economic Freedom Index (2022)

Read full story
Cost effective environment

Latvia`s tax system has been recognised as 2nd most competitive in the world (Source: International Tax Competitiveness Index 2021)

Read full story
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)

Read full story

5

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

Visma Labs

“Visma is very satisfied doing business in Latvia. Visma entered the market in 2014 and has since then grown the business in the country.  Latvians are hard working, reliable, they adapt easily to different cultures and deliver all tasks in high quality.”

Read more
Therese SlettenDirector Strategic initiatives, Visma group

TietoEVRY

“At TietoEVRY in Latvia we are setting new standards as we focus on attractive work environment. More than 750 of our employees have a modern work model – open-plan office, flexible working hour concept, fruits in the office, and psychologist counseling included in the insurance policy. We, Tieto Latvia, are an employer with a balance between work and leisure.”

Read more
Valērija VārnaCountry manager, Chairman of the board Tieto Latvia

Other video stories:

Visma Labs
TietoEVRY

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.
Read full story

Sign up for newsletters

Stay up to date on the monthly newsletters on recent news and activities.

Please enter valid email

Thank you! Your email has been added to mailing list!

Sign up for newsletters

Stay up to date on the monthly newsletters on recent news and activities.

Please enter valid email

Thank you! Your email has been added to mailing list!

Please fill the input fields
Thank you the file has been successfully downloaded
Back