Latvia as a starting point for business in the EU: foreign investor case studies
A residence permit through investment not only provides access to travel across Europe but also the opportunity to legally enter the EU market with your own business. Latvia, thanks to its geographic location, EU membership, and flexible investment residence model, becomes an excellent starting point for entrepreneurs from India, the Middle East, Africa, and Asia.
If you are looking for a working European jurisdiction with clear rules, English-language support, and moderate costs — Latvia offers exactly that.
📍 Why Latvia?
- EU and Eurozone membership — access to all European markets.
- Transparent corporate structure — quick company setup, clear taxation.
- English-language environment in business and banks — most services cater to foreign clients.
- Investment goes into real business, not real estate or a fund, with the ability to control, develop, and scale the project.
📈 Investor case studies starting business through the Latvian program
🧳 Case 1: Indian consulting company
An entrepreneur from Mumbai invested €50,000 in a Latvian HR company providing personnel outsourcing in Europe. Through participation in the advisory board and visits to Riga, he opened a joint company with a European partner within a year and now serves clients in Germany and Poland.
“I was not looking for a residence permit, but a business bridge to Europe. In Latvia, I found exactly that.”
💻 Case 2: UAE IT Startup
The founder of an IT platform from Dubai acquired a stake in a Latvian company developing fintech solutions. Through the local structure, he reached European clients, obtained a residence permit, and maintained UAE tax residency.
“Latvia is a quiet but strategically powerful entry into the EU. I liked the speed with which matters are resolved.”
🍃 Case 3: Nigerian logistics entrepreneur
An investor from Lagos invested in a Latvian transport company operating under contracts in Scandinavia. Within six months, he began receiving reports and participating in negotiations for expanding a branch in Lithuania.
“The residence permit program was a door for me. But behind the door were real opportunities.”
🌍 Geography of opportunities
From Latvia, it is convenient to:
- conduct business with Germany, Poland, Scandinavia;
- fly to any European capital in 2–3 hours;
- organize international logistics and IT projects;
- receive payments in EUR, operate via European banks;
And all this — with minimal bureaucracy and within a unified European jurisdiction.
Conclusion
Latvia is not just a way to get a residence permit but a model of smart entry into the EU for an entrepreneur who wants more than just a document.
You invest not in concrete, but in business. Not in real estate, but in motion.
That is why more and more forward-thinking investors choose Latvia — as a starting point for real growth in Europe.