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Citizenship by Investment in Lithuania

Citizenship by Investment in Lithuania

Although there is no citizenship by investment program in Lithuania, the authorities have implemented other procedures through which foreign citizens can obtain citizenship. First, a visa is required to enter Lithuania as a non-EU / EEA citizen. The legal aspects of Lithuania citizenship can be explained to you by our experienced immigration lawyers in Lithuania. Our specialists can also advise foreign entrepreneurs who want to open a business in Lithuania. More about how to move to Lithuania can be discussed with us.

 Quick Facts  
Nationalities accepted (EU/Non-EU)

Both EU and non-EU

Business investment option (YES/NO)

No

Real estate investment option (YES/NO)

No 

Other investment options (if available)

Registering and running a company for at least 6 months to gain residency

Living requirement in Lithuania (YES/NO)

Yes

Residence or direct citizenship option

Through investments in existing company, through formation or branch in the case of residence. Direct citizenship is not available.

Direct immigration with family members (YES/NO)

Yes

Family members allowed to join the program

Children, parents, grandparents

Residence visa/citizenship processing time (approx.) Around 1 month
Additional financial requirements for family members (YES/NO) No
Dual citizenship permitted (YES/NO)

No

Reasons to choose Lithuania

 – business opportunities,

– education,

– great standards of living,

– culture,

– low crime rate

Personal income tax rate 20%
Visa free travel to other countries (approx. number of countries) Around 183

Golden Visa in Lithuania – which is the path to citizenship?

There are ways through which citizenship in Lithuania can be gained, as such:

  •  Applicants can opt for Golden Visa in Lithuania to obtain residency in this country.
  •  You can open a business or establish a branch in order to gain residency in Lithuania.
  •  Authorities dealing with startup visa applications interview applicants who want to open a business in this country. They must present a solid business project and invest at least EUR 50,000.
  •  Once accepted, the Lithuanian Migration Department will issue you a temporary residence permit. More about how to immigrate to Lithuania can be offered by our experts.
  •  Another condition for those who have been offered temporary residence in Lithuania is that they open the business in about a month.

Lithuania citizenship is earned after obtaining a startup visa, followed by opening the business, get residence and live in the country for at least 10 years. We remind you that all formalities can be successfully managed by our lawyers in Lithuania. They can guide you through the entire process of obtaining a residence permit and citizenship. Contact us if you want to relocate to Lithuania.

If you would like residency in Lithuania, our lawyers can manage the necessary documents in this endeavor. What is good to know is the fact that the authorities ask for health insurance and information about personal funds. You also have the opportunity to make investments of at least EUR 50,000 for temporary or permanent residency, applying for a startup visa. Our recommendation is to talk to our specialists to benefit from a fast and hassle-free process.

Here is an infographic about citizenship in Lithuania that you might find it useful:

Getting_Lithuanian_citizenship_by_investment.jpg

How to qualify for Golden Visa for Lithuania

Foreign investors applying for this program in order to gain Lithuanian citizenship must be 100% involved in the business they will open in this country. In addition to an attractive and feasible business plan, the investor must also be the company’s director, get involved in its activities, and hire Lithuanian workers.

Those who want to open a branch in Lithuania must prove that in their country of origin, their business is already present for at least a year. Therefore, Golden Visa for Lithuania is an advantageous program, but for which, maximum attention is needed in terms of business conditions. Do not hesitate to discuss the legal aspects of business with our immigrationlawyers in Lithuania. They can help you with immigration to Lithuania.

Permanent residence in Lithuania and its specific programs

The residence program implemented by the authorities is quite advantageous, even if the citizenship is obtained after several years. For example, travel in the EU and Schengen is allowed without restrictions. Family members can also be part of the program, and all the benefits offered to Lithuanian citizens also apply to foreigners. Feel free to talk to our business specialists for making investments in Lithuania. They can help you relocate to Lithuania by handling all the formalities.

Immigration to Lithuania is a process that comes to the attention of our specialists. With the help of lawyers specialized in immigration issues, you will be able to understand what the legal formalities are for the relocation itself. for example, EU and non-EU citizens must have a valid passport, health insurance, and proof of domicile in order to apply for a residence permit. If those coming from the EU do not need a visa, people from non-EU countries must also check the formalities regarding this.

Advantages of Lithuanian residency for families in this country

Compared to citizenship, where there are no specific investment programs for obtaining this status, residency is much easier to receive. Whether it is investments, opening a company, or other options, residence in Lithuania comes with a series of benefits for applicants and their families. Here are some of them, specifying that our attorneys in Lithuania can offer you guidance in this regard:

  • Lithuania is a safe country and even free from economic instability. Precisely for this reason, relocating to Lithuania with the family is a pretty good option, compared to other European countries. The important thing in this case is to make the right choice regarding the residency program, and then apply for citizenship in Lithuania in a few years.
  • Another aspect to consider when applying for residency in Lithuania is that once obtained, the family benefits from full social security. This package includes unemployment benefits, paid sick leave, free healthcare, maternity, and more.
  • Education is probably one of the most important reasons for a family to relocate to a foreign country. Another reason why moving and obtaining residency in Lithuania is beneficial to you is the educational system in this country because it aligns with the most prestigious in the world. There are many free schools in Lithuania, and the paid ones are quite affordable. You can thus opt for a safe future for your children, from an educational point of view, if you move to Lithuania and obtain residency.

The benefits of foreign entrepreneurs who obtain residency in Lithuania

With investments of at least EUR 50,000 and a good business plan, foreigners can obtain residency in Lithuania. With this status, the benefits do not take long to appear, and among them, the following are the most appreciated in the business climate:

  • The stability and ease of doing business in Lithuania best describe this climate. Ranked 11th among 190 worldwide economies, Lithuania is an excellent destination for entrepreneurs who want to develop their business and portfolio in this part of Europe, safely.
  • Another highly appreciated advantage in the business environment is the connection with the most important economic areas of interest. It is also the case of Lithuania, a gateway to the countries of the European Union and beyond. There are no restrictions on the movement of goods, and the legislation of this country fully respects the EU norms.
  • The tax system is another benefit for international entrepreneurs who choose Lithuania for investments and successful businesses. For example, the corporate tax rate in Lithuania varies between 5% and 15%.

So, now that you know the advantages of obtaining residency in Lithuania, all you have to do is weigh the direction and how this country can offer you the change you need. Regarding the formalities and procedures for obtaining residency and citizenship in Lithuania, you can benefit from specialized legal support and advice from our immigration experts.

As such, with the help of our Lithuanian lawyers, the path to the desired status can be greatly simplified and thus you can eliminate possible errors or problems related to the preparation and registration of documents from the start. Do not hesitate to get in touch with us and discover the type of legal services you need for your personal matters.

Why Lithuania is a good investment destination?

Lithuania’s economic and political stability is also supported by the fact that the country is part of the Schengen Area, which makes foreign investors confident in the business climate offered. Labor productivity has made Lithuania rank 4th in the European Union in this regard. Simplified business registration formalities in any field, well-developed infrastructure, multicultural environment, innovation sector development, and high living standards are some of the attributes that describe Lithuania, a country so appreciated by foreign investors. Here are some statistics that highlight the economic direction of the country, if you think of immigration to Lithuania:

  • Around USD 70 billion was the total FDI registered in Lithuania in 2022.
  • According to experts, the real GDP of Lithuania should increase by 0.5% in 2023.
  • As for expectations in terms of real GDP in 2024, a slow recovery of around 2.7% should be recorded.

When you want to apply for citizenship in Lithuania, our recommendation is to collaborate with our lawyers. Experience in immigration issues can help you in this endeavor because we want to offer clients optimal solutions for obtaining this status. In addition to presenting a valid passport, and permanent residence permit, you will have to prove your knowledge of the Lithuanian language.

If you are interested in Lithuania citizenship by investment, we invite you to talk to our specialists who can offer you alternatives. Contact our law firm in Lithuania and discover how to move to Lithuania.