LIAA – Investment and Development Agency of Latvia
Your business gate openers providing quick solutions & ensuring smooth business startup
invest@liaa gov.lv
www.investinlatvia org
+371 67039473
2 Perses Street, Riga, Latvia, LV-1442
DIGITAL EXCELLENCE BACKED UP BY NUMBER S
2 3 % startups with at least one female shareholder (startin.lv, 2022)
Capital Riga
Territory 64.6 K km
Population 1.9 M
Currency € (EUR)
9th 1 st
in the world in mobile data usage (OECD, 2022)
17 th
in EU in connectivity (DESI index, 2022)
9 3 %
overall fixed broadband coverage, 73.5% of which are fibre connections (OECD & EC, 2022)
Languages Latvian, English & Russian; German is also widely spoken Member of EU, NATO & OECD
INFRASTRUCTURE THAT MEANS BUSINESS
in EU in e-government benchmark (e-Government benchmark, 2021)
Riga #1
city globally for drone technology development (fDi Strategy Awards, 2021)
• 100+ direct flights: Riga International Airport – biggest in the Baltics • 800 000 m
EASY TO START
• Startup visa as fast track for non-EU founders
• EU Blue Card for highly qualified workers & their families
• Temporary Residence Permit as another option
A and B class for your business
• 1500 workstations in co-working spaces: a number that steadily grows
HELPING YOU GROW
•
50-60%
Last call for applications will open in June
• Support for digitalization of processes in commecial activities
LATVIA — Smart Investment
29% export growth and 1.2 billion export value
8% contribution to all labour taxes paid (2022)
IT Leaders Excellence Program in Computer Science & Organizational Technology
ICT students make up 5% of all higher education graduates
16% YoY value added increase (2021)
Wide range of ICT study programmes including robotics, big data analysis, AI, cybersecurity, telecommunications & electronics
75 ICT study programmes, 25% of all students choosing STEM study programes
COUNTRY READY FOR ANY CHALLENGES
Crisis proved nation’s exceptional agility by developing solutions to enable remote governing, education & by instituting the first nationally endorsed contact exposure notification app Apturi Covid (Stop Covid).
2nd in Europe with 96% of Latvians speaking at least one foreign language
HELPING CONNECT WORLDS APART
Infrastructure and technology built to make working easy, talents speaking multiple languages & tech make Latvia a great connecting point.
BUSINESSES USING LATVIA AS PLAYGROUND FOR THEIR IDEAS
TELECOMMUNICATIO N S SE RVI C E S EXPORTER IN THE B A L T IC S T A T E S UNIVERSI T I E S W I T H H I G H SPECIA L I S AT I O N IN I C T
LIAA – Investment and Development Agency of Latvia LATVIA— Smart Investment SK I L L ED & M U LTILI N G U A L TALENT P O O L
MORE INFORMATION: invest@liaa.gov.lv; www.investinlatvia.org