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Investment sectors in Latvia

Four cornerstones of the Latvian economy are agriculture, chemicals, logistics and woodworking. Other prominent sectors include textiles, food processing, machinery production and green technologies. Agriculture enjoys the fertile soil and temperate climate of Latvia....

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How to register a Startup in Latvia

Latvia is often chosen as the starting point to reach the European market — and for many reasons. It’s a member state of the European Union and the eurozone which means free mobility of goods and labor. In addition, Latvia boasts the largest air transportation hub in...

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Latvia tourism statistics

The latest data of the Central Statistical Bureau (CSB) show that in 2018 foreign travellers crossed the border of Latvia 7.8 million times, which is 0.6 % more than the year before.  Last year foreign travellers spent EUR 751.9 million in Latvia, which is...

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Types of social benefits in Latvia

Social protection includes the package (system), which seeks to ensure full respect for human social protection, reaching the age, as well as against a variety of risks: poverty, disability, unemployment, etc. The Latvian social security system shall include the...

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Land system in Latvia

Land ownership and land use tenure Freehold (ownership), leasehold, common hold (usufruct), condominium ownership and joint ownership tenures exist in Latvia. Freehold/ownership is the full right of control over property i.e. the right to possess and use it, obtain...

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General overview the total volume of investment in commercial real estate in the Baltics amounted to EUR 1.12 billion in 2018, being 19% higher than in 2017, mainly due to several large transactions in Lithuania and Latvia; the office segment remained the most...

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Interesting Facts about Latvia

Giant people, the widest waterfall in Europe and pagan festivities… Check out these amazing but true facts about surreal Latvia! 1 One of the last corners of Europe to join Christendom, Latvians are still very much pagans at heart. They worship nature by jumping over...

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Global wealth trends 2019

Knight Frank’s Global Wealth Advisory has mentioned the latest global wealth trends for 2019 in their Wealth report 2019. Despite a darkening economic outlook, wealth creation will remain a constant in 2019. The global UHNWI population is forecast to rise by 22% over...

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