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Latvia Settlement

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p: Top 8 in the world, can travel to 172 countries (Passport Index 2024)
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Currency: EUR
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Population density: 29 people/km2 (2024)
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Flight time from Vietnam: 17 hours
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Total area ranking: Top 122 (64,594 km2)
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Total wealth ranking: Top 97 ($45.47 Bn) (2024)
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Wealth ranking: Top 41 ($21,970) (2024)
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Education ranking: Top 16/177
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Health ranking: Top 32/177
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Safety and social integration: Top 97/181
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Cost of living: Top 39/121. 2,707.5 EUR for a family of 4 and 809.7 EUR for an individual
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Climate: Mediterranean. Average temperature: 7.4ºC

Benefits of settling in Latvia

  • Freedom of movement between EU and Schengen countries
  • Well-developed banking infrastructure
  • Low cost of living
  • Low corporate income tax rate, only 15%
  • High education level of the population
  • Good quality of life

Why choose to invest in Latvia?

  • Stable legal and economic system
  • Busy real estate market
  • Favourable tax regime, creating favorable conditions for foreign investors
  • Easy access to the potential EU market
  • Highly qualified workforce

Why choose to work in Latvia?

  • Expanding career development opportunities
  • Low unemployment rate
  • Respect for work-life balance
  • Multilingual, multicultural working environment ranked 2nd in Europe
Contact
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