European best destinations 2025 - Riga

For Investors

Riga – where ideas turn into successful ventures. A dynamic environment, openness to innovation, and a business-friendly atmosphere make Riga a place where bold ideas transform into tangible results.

Incentives for Investors

Incentives for Investors

There is a wide array of financial and strategic business incentives available from local and state sources for investors interested in Riga, for example:

Doing business in Riga

Doing business in Riga

Riga is the largest and the only Baltic metropolis with over 1 million inhabitants. It has become a place to be for such large companies as Accenture, Tieto, Circle K, Transcom, C.T.CO, VISMA and many others, employing only about 1% of the total population of Riga, thus the city has considerable potential to develop rapidly, not only compared to the largest cities within the CEE region, but also the other two Baltic capitals. 

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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Why Riga?

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. Riga is the largest metropolis in the Baltic States and one of the major cities in Northern Europe.

Strategic Location Riga offers convenient access to European markets and a highly developed logistics network. Over 6 million people live within a three-hour drive. The international airport provides direct flights to more than 90 destinations, while the Port of Riga connects with ports in 50 countries worldwide.

Competitive costs and favorable tax environment. Riga offers competitive labor and real estate costs, along with attractive tax rates and incentives.

Highly Skilled Workforce. Riga is Latvia's largest education centre, with 39.5% of the population holding a higher education degree and 29% possessing vocational secondary education. More than half of the population speaks at least two foreign languages. Latvia ranks 18th in the IMD World Talent Ranking.

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