Set up a business in any EU country

The good thing is, that almost all European countries have one main point of contact that handles countless administrative procedures when it comes to setting up a business, thus it makes it incomparably easier and quicker. Most EU countries are considered to have relatively small bureaucracies, low corruption levels, and high ranks in the ease of doing business.

The European Union is the second-largest economy in the world in nominal terms after the United States.

The EU’s 27 member states include some of the world’s wealthiest countries and altogether is a huge market in which to sell your goods and services. It also gives you access to a great source of suppliers.

Another key benefit from the single market is that businesses only have to deal with one set of rules rather than 27 different sets of rules when exporting to or operating in more than one European Union member state.

Your personal finances will also benefit from deposit insurance schemes offered by the EU countries.

To sum it up, doing business in a single economic zone gives business owners greater security, smaller operating costs, and more opportunities. Restoring your Latvian citizenship will open doors to all these countless possibilities to create a successful life for you and your family in Europe.