The Competitive Secret of Dynamic Latvia

Pssst … Investors … have you considered Latvia? The country may not make a big, fancy market splash, but it is a destination offering plenty of strategic foreign investment opportunities.
By William Bell

Not all destinations that offer exceptional investment opportunities are in the limelight, and Latvia fits that description. It is a country in a position of geographic and strategic importance. This is a country that offers a market gateway to economically developed regions including the United States, European Union, Russia, and parts of Asia. A member of the European Union and Schengen, the World Trade Organization, and NATO, Latvia needs foreign investors to sustain continued economic growth.

This is all largely due to its small population. There are fewer than 2 million people at last count, but that has not stopped this dynamic country from achieving a high World Bank "Ease of Doing Business" 2017 rank of 14 out of 190 economies. It has thr...

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