Startup Visa Lithuania

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Lithuania
About
Requirements
Cost of Living
Expats

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

92

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P. RESIDENCY

60 Month(s)

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COMPLEXITY

Medium

Eligibility Requirements

5 Eligibility Requirements for Startup Visa Lithuania

  • 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.

Document Requirements

7 Document Required for Startup Visa Lithuania

  • 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.

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