Invest in Riga, Latvia

Riga is one of the largest cities in Northern Europe, with 1,1 million inhabitants in the Riga metropolitan area—an open and safe place for investments.

The Economic Profile of Riga 2026

Riga, the heart of Northern Europe, is a vibrant city that combines the richness of history with modern innovation. Here, tradition and creativity converge to create a strong and attractive environment for both life and business. Our advanced infrastructure, including a modernised airport, a deep-water port and connections to the European transport network, ensures that Riga is a gateway to the global market. The city's workforce is highly educated and multilingual, with the majority of residents fluent in Latvian, English and Russian. Riga's society is innovative, open and ready for challenges, with its universities and research centres providing a strong foundation for scientific achievement and talent development.

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Why invest in Riga, Latvia?

Discover Riga – the heart of Northern Europe and a dynamic investment hub Riga offers access to vast markets, cost-efficiency, a highly skilled and multilingual workforce, well-developed business infrastructure, and a stable, long-term investment environment. It is a city where opportunity meets potential.

The Heart of Northern Europe. With 850K+ metro population Riga accounts for 50% of Latvia's GDP. Riga is the economic centre of Latvia and the largest concentration of talent, business activity and consumers in the Baltics.

Strategic Location. Riga provides 90+ direct flight destinations and 50 global port connections. Riga connects Northern and Central European markets through world-class air, sea and future Rail Baltica rail infrastructure.

Competitive costs and favorable tax environment. Riga ranks #1 in Corporate Tax Competitiveness and #2 in Global Tax Competitiveness. Riga offers one of the world's most business-friendly tax environments, combined with competitive operating costs and investment incentives.

Highly Skilled Workforce. 40% of the population has attained higher education, and 75% speak two or more foreign languages. Riga offers access to a highly educated, multilingual talent pool, supported by leading universities, research centres and international talent.

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Priority Sectors for Investing in Riga, Latvia

If you need an assistance

We are your first point of contact if you're interested in Riga as a place for investment, business development, or film production. We will assist and help with the right people and organizations without added cost. Get in touch and let's make things happen.

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Recent news

Riga will celebrate its 825th Birthday with a pop-up restaurant “Open a Window to Riga!”
Riga will celebrate its 825th Birthday with a pop-up restaurant “Open a Window to Riga!”
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Global Site Selection Experts to Gather in Riga for 2nd Annual Guild European Conference
Global Site Selection Experts to Gather in Riga for 2nd Annual Guild European Conference
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The Economic Profile of Riga 2026
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