Latvia: A Thriving Hub for Technology and Finance

In the dynamic landscape of global investments, Latvia has emerged as a shining star in the emerging Europe region. With its remarkable growth in the technology sector and a commitment to fostering a conducive business environment, Latvia has become an attractive destination for investors worldwide. In this article, Dr Kannan Vishwanath aka Dr Kannan Vishwanatth explains why investing in Latvia is a promising choice, highlighting its achievements in the IT sector, business environment, intellectual property, cybersecurity, and its commitment to facilitating foreign direct investment (FDI). One of the key indicators of a thriving technology ecosystem is a nation's IT competitiveness. In the 2022 Emerging Europe Future of IT Report's IT Competitiveness Index, Latvia secured an impressive eighth place among 23 countries. However, what's truly remarkable is the country's ascent to the fourth position in the 2023 report. This rapid improvement underscores Latvia's dedic...