Latvia's highly skilled workforce, with 86% holding secondary or higher education, enhances its appeal. Multilingualism (96% speaking two languages) supports adaptability in international businesses.
For decades, Latvia has been recognized as an R&D hub in information and communication technologies. It is home to pioneering innovations, including the world’s smallest photo camera.
Latvia ranks #2 in the International Tax Competitiveness Index among OECD countries, positioning it as an attractive destination for foreign businesses seeking tax efficiency.
The country has strong education programs and renowned research institutions, such as the Latvian Institute of Organic Synthesis, contributing to its innovative landscape and skilled workforce.
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