Lithuania is a member of the European Union, the Council of Europe, a full member of the Eurozone, Schengen Agreement. Lithuania offers a residency program, better known and referred to as a Golden Visa program, that allows foreign nationals to pave their way to a citizenship by investing in the country.
Lithuania offers a residency program, more aptly referred to as a Golden Visa program, that allows foreign nationals to pave their way to a citizenship by investing in the country. There are two ways to obtain a residence permit in Lithuania; through opening a BUSINESS and through opening a BRANCH. Both options are offered if the applicant intends to start a business in Lithuania or owns a company in their home country and would like to incorporate a branch of it in Lithuania and start a business.
There are many major advantages that come with enrolling in the program. Let’s take a look at some of these advantages.
- You can gain permanent residency through the program and eventually qualify for citizenship.
- Even with temporary residency, you gain the right to travel throughout the EU Schengen Zone and EU member countries without any restrictions.
- You can work in Lithuania without restrictions.
- Family members are covered by the program.
- Lithuania is ripe with business opportunities. It’s the right place to invest.
- As the holder of a residence permit, you are entitled to the same privileges that are typically offered to Lithuanian citizens. This includes maternity benefits, medical care, unemployment benefits, and other social privileges.
In order to obtain a temporary residence permit in Lithuania through opening a new Business, the investment must fulfil the following conditions:
- The investor must be a shareholder or director of the real working company in Lithuania
- The capital of the company is not less than 50,000 EUR;
- The company has a reasonable business plan;
- The presence of the investor is necessary for the business activities of a company.
- The company is operating not less than 6 months before applying (real business operations).
- The company must employ one or more employees (Lithuanians) and pay labor taxes every
(In the case of a residency permit through a Branch, the requirement would be that the branch in the home country has to be an active business operating more than a year)
There are two ways to obtain a residence permit in Lithuania; through opening a BUSINESS and through opening a BRANCH. Both options are offered if the applicant intends to start a business in Lithuania or owns a company in home country and would like to incorporate a branch of it in Lithuania and start a business.
For opening a business in Lithuania, the capital of the company must not be less than €50,000. For opening a branch there is no such minimum requirement.
FAQs about Lithuania & The Citizenship by Investment Program
- Do you need to give up your current citizenship?
Lithuania is among the countries that allow dual citizenship in exceptional cases. In the majority of cases, Lithuanian citizenship through one’s ancestry is considered as such; therefore you most likely won’t have to give up your existing citizenship status.
- Is your spouse eligible for Lithuanian citizenship?
After you restored your Lithuanian citizenship, your spouse, unfortunately, would not be granted Lithuanian citizenship automatically. However, if you decide to move to any EU country, your spouse would be eligible for residence, work permit, and would be able to live in the EU together with you. After living in the EU for some time, they would be able to get a permanent residence permit, and eventually – citizenship. Actual citizenship rules differ from country to country, but for life and work purposes it is enough that one person has Lithuanian citizenship, which would allow you and your spouse to live and work anywhere in the EU.
- Are there any additional requirements like knowledge of the Lithuanian language or residing in Lithuania?
There are no additional requirements after you have restored your Lithuanian citizenship. There’s no language requirement, i.e. no tests or exams, as well as you do not need to reside in Lithuania for a certain period after your citizenship has been granted.
With the reinstatement of your Lithuanian citizenship come all the incredible benefits of an EU national. You will have full and immediate access to all of them once you receive your Lithuanian passport
Make Lithuania your second home
GDP (per capita)
GDP (purchasing power parity)
Manufacturing; wholesale and retail trade, repair of goods; real estate
- Eligibility to live, study and work in Lithuania
- Corporate tax rate is one of the lowest among EU countries
- Most of the population speak more than 2 languages
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