You are on page 1of 12

PRESENTATION ON

LATVIA
Prepared By:

Md. Muhiminul Islam Bhuiyan


ID: 132 1626 030
Course: INB 372.1
Serial number: 27
MAP OF LATVIA
BASIC INFORMATION'S:
President:Raimonds Vejonis (2015)
Prime Minister:Laimdota Straujuma (2014)

Land area:24,903 sq mi (64,500 sq km);total area:24,938 sq mi

(64,589 sq km)
Population:2.16 million (growth rate: 0.62

Capital: Riga.

Monetary unit:Euro

Languages:Latvian (official) 56%, Russian 33%, other 0.6%

(includes Polish, Ukrainian, and Belarusian), unspecified 9.4%


Ethnicity/race:Latvian 61.1%, Russian 26.2%, Belarusian 3.5%,

Ukrainian 2.3%, Polish 2.2%, Lithuanian 1.3%, other 3.4%


Independence Day: November 18,1918.

Literacy:99.8%
BASIC INFORMATION'S:
Economic summary:GDP/PPP: $38.87 billion; per capita
$19,100.
Real growth rate:4%.

Inflation:0.2%.

Unemployment:9.8%.

Arable land:17.96%.

Agriculture:Grain, sugar beets, potatoes, vegetables; beef,


pork, milk, eggs; fish.
Labor force:1.022 million; agriculture 8.8%, industry 24%,
services 67.2% (2010 est.).
Industries:Buses, vans, street and railroad cars; synthetic
fibers, agricultural machinery, fertilizers, washing machines,
radios, electronics, pharmaceuticals, processed foods, textiles;
notedependent on imports for energy and raw materials.
BASIC INFORMATION'S:
Natural resources: Peat, limestone, dolomite,
amber, hydropower, wood, arable land.

Exports:$12.67 billion :wood and wood products,


machinery and equipment, metals, textiles,
foodstuffs.

Imports:$15.56 billion machinery and


equipment, chemicals, fuels, vehicles.

Major trading partners: Germany, Sweden,


Lithuania, Estonia, Russia, Finland, Poland, Italy.
BENEFITS OF INVESTING IN
LATVIA

1.EU member state residency.

2. Possibility to travel freely throughout Schengen


countries.

3. High living and education level Latvia is


recognized as one of the worlds greenest countries
to live in.

4. Latvian Universities offer high quality European


education for the cheapest cost.
BENEFITS OF INVESTING IN
LATVIA

5. No taxes paid by investor.

6. Developed infrastructure.

7. Worlds 4th fastest internet country.

8. Possibility to get back the invested amount after


5 years.
INVESTMENT IN LATVIAN COMPANY
OR GOVERNMENT INSTITUTION
The best option on the market for investment and
obtaining the right to travel without visa in the EU.
Investment option with the right to get Latvian

Residency for 5 years.


A better and safer future for all your family

investors family members are eligible for the same


benefits as the investor.
Previously monitored companies or Government

Institutions for investment.


Secure investment procedure each step of the

investment procedure has been created to safeguard


the interests of the investor.
CONCLUSION:
Unique geographical and cultural position, providing
a strategic location for business operations targeting
developed economies of the EU and emerging markets
of eastern neighbors. Latvia is a natural gateway
between EU and Asia (especially Russia/CIS).
Advanced transport infrastructure.

Latvia is a member of EU, the Schengen Zone,


NATO, UN and an active participant of the World
Trade Organization, enjoying all the benefits of free
and open trade in the worlds markets. Customs and
border procedures have been standardized for
effective planning and coordination with trade
partners around the world.
Thank You
All

You might also like