Incentives for investors

EU-funded programmes

As a Member State of the European Union, Latvia implements EU regional funding for economic and social development. The largest financial instruments from which Latvia receives EU financial assistance are EU funds: European Social Fund (ESF), European Regional Development Fund (ERDF), Cohesion Fund (CF) and Just Transition Fund (JTF). For the current EU funding budget, Latvia has been allocated EUR 10.5 billion for 2021-2027. Through EU funds, direct support is available for both local and foreign capital companies.

If you are interested in exploring a wider array of incentives , we have compiled additional information and resources for you to delve into. See more information here.

InvestEU program

The InvestEU program provides investment opportunities for companies that facilitate green and digital sectors, innovation, and startup ecosystems. InvestEU Policy window contains sustainable infrastructure, SMEs, Research, Innovation and Digitalization, and Social Investment and Skills.

It has three components:

• The InvestEU Fund - mobilizes private and public investment using guarantees from the EU budget. It has 26.2 BEUR available for investment. Incentives available are guarantees, equity and other support. More information here.
• The InvestEU Advisory Hub - providing technical advice to investment projects. Find out more here.
• The InvestEU Portal - database bringing together investors and projects. Find the link here.

Contacts

Riga office

Address: 2 Perses Street, Riga, Latvia, LV-1442
Web: www.investinlatvia.org
For more information: invest@liaa.gov.lv
Phone: +371 25710113
For tailored advice contact our team of experts