Business Environment

An old saying states that 'Riga will never be completed,' symbolizing our unwavering commitment to constant improvement and innovation. This reflects our dedication to ensuring a safer, more sustainable, and resilient environment for all who live, visit, or invest in Riga. To support the city's expansion, it is currently experiencing the highest levels of investment in public infrastructure in its history. At the heart of Riga lies connectivity, acting as the central point that links the region to the world through water, air, road, and soon, the upcoming Rail Baltica project. With a vibrant culture and surrounded by nature, Riga stands as a preferred destination for those seeking a work-life balance, contributing to an enhanced quality of living and continuous progress. Experience a constantly evolving city, where heritage meets innovation – 2 to 3 hours away from anywhere in Europe.

One of the largest cities 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%)

Rankings

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