ICT

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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

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