Latvia and Riga provide excellent living and leisure conditions – cities are smart yet liveable, more than half of Latvia is covered … Including “start-up visas”, 45% employment cost government co-financing and innovation support programmes . Similarly, … Sectors such as woodworking, metalworking and mechanical engineering, … Print. Dear Visitor, My main aim with this blog is to give potencial investors information about investment possibilities in Latvia. FDI. Invest in Latvia Everything one needs to know when investing in Latvia. Customer Service Centre Talejas iela 1, Rīga, LV-1978 Report on smuggling (24h) +371 80009070 E-mail. As part of formulating your investment strategy, we recommend the country most suitable for your investment based on a number of factors, including your short-term and long-term goals, local conditions and any preference you might have. Invest in Latvia Everything one needs to know when investing in Latvia. The cheapest investment for getting a European PR. Why to invest in Latvia? Why Invest in Latvia . Investing in property in Latvia is one of the easiest ways to get a residence permit. Key sectors The main sectors LIAA focuses on are woodworking, metalworking and mechanical engineering, transport and storage, information technology, green technology, health care, life sciences, and food processing. Labour force: Latvia is praised for its population, which knows new technologies, speaks several languages, understands the markets of the CIS and the EU, and provides a cost efficient investment choice. when It has the bigest fall in economics over the Europe, approximately 18-20 % of GDP, unemployment rate about 20 %, minimal wage at the … Invest & Business in Latvia is on Facebook. An effective guide for investment is here for your concern. After Latvia’s accession to the EU, the inflow of FDI increased rapidly and in 2019 reached its highest point (EUR 16.0 billion). However, it should not be forgotten that the property to be purchased must meet some conditions. SIA “Jurmala Invest” is giving consultancy services in Latvia for 15 years. Latvia in Facts The advantages of Latvia based on facts and data. Facebook gives people … Share this info: Contacts. Over the last ten years Latvia has experienced an extensive economic growth in all sectors. This is where they will give you detailed information on whether you are eligible for a start-up visa. The total … The Latvia residence by investment program was first introduced in 2010. It has since become a popular program for those looking to relocate into an EU country. The Latvia RBI program provides a 5-year resident permit to approved applicants, after which they can apply … Latvia offers residence permits to those who invest in the country. Key Investment Sectors: Latvia has huge industrial sector and its economy is noted for its large manufacturing wing and there is plenty of scope for foreign investors to investing in its diverse manufacturing sectors. Key sectors The main sectors LIAA focuses on are woodworking, metalworking and mechanical engineering, transport and storage, information technology, green technology, health care, life sciences, and food processing. Thus, you can ensure that the process is completed much faster. You can invest … Investing in property in Latvia is one of the easiest ways to get a residence permit. Latvia in Facts The advantages of Latvia based on facts and data. The Latvia Immigrant Investor Program offers 4 investment options including a real estate investment option. Though Latvia might not be the first country that would come to your mind when choosing a residence destination, we’ll tell you why it’s worth considering it. SIA “Jurmala Invest” is giving consultancy services in Latvia for 15 years. Learn more in which ways you can invest in Latvia. Investment options: - Investment of at least €50,000 made in a business company with the number of employees not exceeding 50, and … Latvia is not only a country that offers a wide range of beautiful things to tourists, but, it also offers a competitive advantage for investors, which means that it is actually the best place for opening a or doing business. Foreign Direct Investment. The imminent adoption of the Euro on 1 January 2014 is expected to be an additional boost for potential investors in the Baltic country. The Bank of Latvia and the European Investment Bank are hosting the webinar ‘Investment and Investment Finance in Latvia’. This European Golden visa program offers EU residency and citizenship in exchange for investment in real estate. It brings together a group of economists, policymakers, as well as representatives from financial institutions and the … Market hours: 10:00 to 16:00. However, it should not be forgotten that the property to be purchased must meet some conditions. As of 1 March 2021, the investors will be able to submit their applications for the “Green Channel” procedure. Latvia residence by investment program was launched in 2010 in order to attract foreign investors. Location: Riga, Latvia . Business in Latvia. Latvia in Facts The advantages of Latvia based on facts and data. Start-up law and other exceptional normative regulations for innovation. Investment in the Baltic States is one of a series of booklets published by KPMG to provide information to those considering investing or doing business in various countries. Foreign investors in Latvia are represented by a special council, the Foreign Investors Council in Latvia (FICIL), which holds regular meetings with the government to improve the business climate. Join Facebook to connect with Invest & Business in Latvia and others you may know. Why Invest in Latvia. Key sectors The main sectors LIAA focuses on are woodworking, metalworking and mechanical engineering, transport and storage, information technology, green technology, health care, life sciences, and food processing. Latvia … Environmental … Currency: Strict monetary policies and low deficit budget have guaranteed the stability of the national currency, the Lat. FDI flows to Latvia increased continuously upon its accession to the EU to peak at USD 2.32 billion in 2007, and have been generally on the decline since that date. All you need to do is find a suitable property, have enough funds to purchase it, go through the legal processes, and voila. The webinar will focus on investment needs and priorities for Latvia in times of COVID-19, digitalisation and climate change. As a small country in today’s globalised world, Latvia knows the importance of attracting foreign investment. Find out more about Investment Service Providers in Latvia on GlobalTrade.net, the Directory for International Trade Service Providers. Though Latvia might not be the first country that would come to your mind when choosing a residence destination, we’ll tell you why it’s worth considering it. If your budget is limited, simply invest in a trusted Latvian company, pay the fees, and get a European residence permit within three months. Latvian companies are also global pioneers in 5G development. Environmental … In comparison to 2018 the foreign direct investment in Latvia increased in 2019. According to the Bank of Latvia the direct investment inflow in Latvia in 2019 amounted to 705,8 million Euro. Invest in Latvia Everything one needs to know when investing in Latvia. Latvia in Facts The advantages of Latvia based on facts and data. Latvia in Facts The advantages of Latvia based on facts and data. Latvia’s geographic … Environmental … The value of a single investment in Riga and Jurmala, which are considered as the developed regions of the country, should be at least €250,000. Invest in Latvia ceturtdiena, 2009. gada 25. jūnijs. Investor Business Guide for Latvia. Environmental … This includes cost-efficiency, a workforce that is experienced, as well as an infrastructure that is properly developed, all of which will contribute to your business. STEP 2: Application for the start-up visa is made through the Office … It has consistently pursued liberal economic policies and welcomed FDI … According to UNCTAD's 2020 World Investment Report, foreign investment flows stood at USD 789 million in 2019 and decreased compared to the previous year (USD 994 million). See the official Latvian government website. This publication has been prepared by KPMG in Estonia, Latvia and Lithuania to assist those contemplating investment or commencing operations in the Baltic states. The Latvian government is extremely foreign-capital orientated, so they’ve made it truly easy to invest in real estate in Riga. The influx of FDIs increased dramatically after Latvia joined the EU, reaching its maximum level (EUR 16.0 billion) in 2019. The best choice for successful investment in Latvia is to contact us - Investment and Development Agency of Latvia (LIAA) - your reliable partner. Nasdaq / OMX Riga Snapshot: In operation since: 1993, as the Riga Stock Exchange. Foreign companies can consider investing in various segments like • Wood processing • Food processing • Textiles • Machinery Since Latvia is located in close … Latvia PR by Business Investment. Invest in Latvia Everything one needs to know when investing in Latvia. Address: 2 Perses Street, Riga, Latvia, LV-1442 E-mail: invest@liaa.gov.lv Phone: +371 67039473. Here in “Invest in Latvia” we will provide you with all the basic information regarding taxation in Latvia, as well as service of international taxpayers and more. KPMG in the Baltics … Invest in Latvia Everything one needs to know when investing in Latvia. Latvia residence by investment program was launched in 2010 in order to attract foreign investors. Helping their custumers about: Registrar company, accountants, law services, choosing the right real estate investment, residence permits and more… Key sectors The main sectors LIAA focuses on are woodworking, metalworking and mechanical engineering, transport and storage, information technology, green technology, health care, life sciences, and food processing. We offer guidance and support throughout the investment process, from preparation and initiation, … There is nothing standing between you and your Latvian real estate investment. On this basis the government is … Property Investment in Latvia. Yes, foreigners are allowed to invest in Latvia. If you wish to obtain a residence permit in the Republic of Latvia, you may invest in the share capital of a company for the purpose of increasing thereof, or investing in, the share capital of a company upon founding of a new business company. The majority of it went to real estate operations, energy, information- and technology, as well as the financial sectors. Helping their custumers about: Registrar company, accountants, law services, choosing the right real estate investment, residence permits and more… The new fast-track “Green Channel” for priority investment projects can lead Latvia to a rapid recovery from the Covid-19 crisis, speed up investment attraction, and enhance the country’s competitiveness,” says the Minister of Economics of Latvia Jānis Vitenbergs. The Most Affordable Investment . Environmental … Property Investment. We operate in Estonia, Latvia and Lithuania, which are all ideal countries for safe, sustainable and profitable forest investments. Currency: Euro (EUR) Market Capitalization (as of … Latvian Property: Discover New Land and Build Dream House! “Invest in Latvia” Forum 2013 The fastest growing economy in the European Union Latvia has bounced back from the global financial crisis and today is the fastest growing economy in the European Union. Latvia currently is in the situation (25.06.2009.) Although it is not mandatory, the first thing to do is to contact the Magnetic Latvia Startup within the Latvian Investment and Development Agency. The main factors fostering FDI inflow were new market opportunities for foreign investors, stable monetary policy, Latvia’s advantageous geographic location between the EU and CIS countries, and its well-developed infrastructure. Our advisors in Latvia. 2633 reads; Send . Consultative phone +371 67120000. 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