Gaining Lithuanian citizenship is a multi-stage process, primarily achieved through establishing residency first. For foreign investors and entrepreneurs, the Golden Visa (Startup Visa) program offers a key pathway. Here’s a breakdown of the process and benefits:
1. The Golden Visa Pathway: Startup Visa & Residency
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Objective: Obtain a Lithuanian Temporary Residence Permit (TRP) via business investment.
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Requirements:
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Develop and present a solid, attractive, and feasible business plan.
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Invest at least EUR 28,000 (EUR 14,000 for multiple investors) in a new Lithuanian business or branch.
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Commit to hiring 2 Lithuanian employees and providing at least a gross salary of 4,500 for both of them.
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For branch establishment: Prove the parent company has existed for at least one year in its country of origin.
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Support: Navigating the application, interview, and business setup process requires careful attention to legal and business conditions. Our specialized Lithuanian immigration lawyers can manage these formalities for a smooth process.
2. From Residency to Citizenship
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Timeline: Citizenship is granted after legally residing in Lithuania for at least 10 years following the initial grant of residency (e.g., via the Startup Visa).
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Requirements during Residence: Maintain valid residency status, comply with laws, and eventually demonstrate proficiency in the Lithuanian language.
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Final Step: Apply for citizenship after meeting the residency period and language requirement. Our lawyers provide expert guidance throughout this entire journey.
3. Benefits of Lithuanian Residency
Obtaining residency (often simpler than direct citizenship) unlocks significant advantages for investors and their families:
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Freedom of Movement: Unrestricted travel within the EU and Schengen Area.
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Family Inclusion: Spouse and dependent children can be included in the residency application.
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Social Security: Access to Lithuania’s social security system, including unemployment benefits, paid sick leave, free healthcare, and maternity benefits.
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High-Quality Education: Access to Lithuania’s well-regarded education system, featuring numerous free public schools and affordable private options, ensuring a strong future for children.
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Safety & Stability: Lithuania offers a safe environment with political and economic stability.
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Pathway to Citizenship: Residency is the essential first step towards eventual Lithuanian citizenship.
4. Advantages for Entrepreneurs with Lithuanian Residency
The business climate for foreign residents is highly favorable:
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Ease of Doing Business: Ranked 12th globally (World Bank), Lithuania offers a stable and straightforward business environment.
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Strategic EU Gateway: Excellent connectivity and unrestricted movement of goods within the EU single market.
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Attractive Tax Regime: Competitive corporate tax rates ranging from 5% to 16%.
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Skilled Workforce: High labor productivity (ranked 4th in the EU).
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Business-Friendly Infrastructure: Simplified registration, well-developed infrastructure, and a supportive environment for innovation. Information on company formation in Lithuania.
5. Why Invest in Lithuania?
Lithuania presents a compelling case for foreign investors seeking residency and citizenship:
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Schengen Membership: Enhances business credibility and travel ease.
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Strong Economic Fundamentals: Despite global challenges, Lithuania maintains resilience (e.g., projected GDP growth recovery).
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Robust FDI: Significant foreign direct investment inflows (approx. USD 70 billion in 2022).
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High Living Standards & Multiculturalism: A developed country offering a good quality of life.
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Supportive Ecosystem: Focus on innovation and a skilled talent pool.
Essential Requirements for Residency Application:
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Valid passport.
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Health Insurance.
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Proof of sufficient personal funds.
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Proof of domicile/accommodation in Lithuania.
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Non-EU Citizens: Require an appropriate visa.
Simplify Your Journey to Lithuania
The path to Lithuanian residency and citizenship, while advantageous, involves complex legal and procedural steps. Errors in documentation or process can lead to delays or rejections.
Our Lithuanian immigration lawyers offer comprehensive support:
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Expert guidance on choosing the right residency pathway (Startup Visa/Golden Visa, other options).
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Management of all application documentation and legal formalities.
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Assistance with business setup, registration, and compliance.
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Ongoing support throughout your residency period.
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Professional advice on the final citizenship application process.
Contact Pathways.lt in Lithuania today for personalized advice and a streamlined, hassle-free relocation process. Discover how Lithuania can offer the stability, opportunities, and future you and your family desire.