Startup Visa Lithuania

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Lithuania

About

Requirements

Cost of Living

Expats

Talent Migration

About

The Startup Visa is a new talent attraction scheme that provides a streamlined entry process to the Lithuanian startup ecosystem for innovative non-EU entrepreneurs to build, grow and compete in our booming international community. Designed for innovative startup founders who wish to establish a startup in Lithuania, you no longer need to fulfill certain capital or employment requirements to obtain a residence permit. If your business idea is deemed suitable by our panel of experts, you will be able to apply for a temporary residence permit on such basis

The application process is free of charge but you will need to pay for the temporary residence permit at the Migration Department. Depending on the service, regular or fast-track, it will cost you between 114 - 228 EUR.

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Duration

12 Month(s)

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Citizenship

120 Month(s)

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Fees

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P. Residency

60 Month(s)

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Processing time

3 to 4 Week(s)

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COMPLEXITY

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What are eligibility requirements for the Startup Visa Lithuania?

5 Eligibility Requirements

Applicant startup must operate within biotech, nanotech, information technology, mechatronics, electronics, or laser technologies
Applicant must submit an online application on team, experiences and the business.
Applicant must get interviewed online.
Applicant must receive approval from a panel of experts to judge the business idea.
Applicant must receive a letter from the migration department stating that the business idea is suitable for the program.

Which documents do I need to apply for the Startup Visa Lithuania?

7 Document Required

Valid passport or travel document.
Detail of personal information, team composition and professional background for online application.
Information about your startup, a 1-year action plan.
Approval from a panel of experts to judge the business idea
Financial resources and a 2-year strategy should also be detailed in the application.
Approval from a panel of experts to judge the business idea.
Letter from the migration department stating that the business idea is suitable for the program.

Talent Migration data for Lithuania

Talent gain & drain map of 2015-2019 data. Sourced from World Bank Digital Development Data.

Disclaimer: Visadb.io is a FREE visa database and Immigration Expert Marketplace. The information displayed in this page is not legal advice. Please speak to an Expert before applying.

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