BalticLegal

Human resources of Latvia, as is true with any country, are defined by its population. The total population of Latvia is approximately 1 986 000 people. Out of them, the working age population, that is people from 15 to 64 years old, is roughly 64% - 1 271 040 people. Approximately 14% are children under the age of 15 - 278 040 people. The rest of them, 22%, are the retired or pensioners - 436 920.

The unemployment rate in Latvia is approximately 9.5% (2016). This means that out of 1 271 040 people 90.5% are working - 1 150 291 people. These are the same people who could be considered cons

Acquisition of a residence permit based on investment a Latvian bank is often a superior option for those who are looking to obtain a residence permit while ensuring a stable investment with a guaranteed return, rather than exposing themselves to the possible variable gains sometimes seen when investing in real estate. Statistics show that this type of investment is generally a less common way to obtain a residence permit when compared to purchasing real estate, however, there are several peculiarities of the scheme available in Latvia that makes this option the best solution for some investo

Baltic Legal focuses on Corporate Law, Tax Law, Company Formation and Registration, and Accounting Services in all three Baltic states - Estonia, Latvia and Lithuania. If you intend to start business in the Baltic States, our team of professionals will provide you with full support and advice in choosing the type of a company, establishing and registration of the company, dealing with tax issues, and promoting your business in Latvia, Lithuania or Estonia.

As countries have different cultural, legal and business administration systems without local knowledge and experience opening a compan