Business Environment

Some of the main Investment environment advantages are cost-effectiveness, highly-skilled and multilingual workforce, well-developed infrastructure, macroeconomic stability. But there are many more.

The 3rd largest city in Northern Europe

Lowest costs of operations in the Baltics

Superior connectivity in the Baltics with 100+ direct flights from Riga

Access to the largest talent pool in Baltics (1.1m in the region) - multilingual, educated workforce with strong work ethics

Largest share of women in management in EU (56%)


International Tax Competitiveness Index 2022 2
Economic Freedom Index 2023 (regional rank) The Heritage Foundation 11
Economic Freedom Index 2023 (World rank) The Heritage Foundation 17
Kearney Global services location index 2023 20
World Competitiveness Ranking 2022 IMD World Competitiveness Center 35
Riga 2027

For Investors

Open and attractive environment for business with equal treatment for local and foreign investors

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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