The Faculty of Economics and Social Sciences (FESS) at the University of Latvia (UL), in collaboration with the Ministry of Foreign Affairs, has initiated an interdisciplinary study examining the economic contributions and investment potential of the Latvian diaspora. This is the first large-scale study of its kind, aiming to provide a data- and evidence-based foundation for a long-term diaspora investment policy in Latvia.
The research explores both the current forms of diaspora investment and the structural barriers that hinder the diaspora’s involvement in Latvia’s economic growth. Researchers are also analysing the diaspora’s potential to become a strategic partner in attracting foreign direct investment, fostering innovation, and facilitating knowledge transfer.
"The diaspora is not only a symbol of cultural or emotional belonging. It is also a globally active and economically competent community whose contributions can significantly strengthen Latvia’s sustainable development," emphasises the study’s lead researcher, UL FESS tenured professor Inta Mieriņa.
During the study, researchers will conduct a variety of research activities, including in-depth interviews with representatives of government institutions and diaspora organisations, entrepreneurs, and experts; a survey of diaspora professionals; and focus group discussions with current and potential diaspora investors. The study's results are expected to be available in November 2025.
This study aims to map the potential scale of diaspora investments, motivations, forms of investment, and obstacles, and to develop specific policy recommendations to promote diaspora investment in the future.
Previous research indicates that one of the key challenges is the lack of systematic statistics – currently, Latvia lacks data that would allow the identification of diaspora-related investments. It is also essential to improve information accessibility, build institutional trust, and develop investment instruments tailored to the specific characteristics of the diaspora.
The results of the study will serve as a basis for creating a new generation of diaspora policy, outlining concrete steps to more effectively engage the diaspora in Latvia’s economic and innovation development.
The University of Latvia is a national leader in researching diaspora, migration, and transnational cooperation, providing academically grounded solutions to societal development needs.
