Business Immigration Visa

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Lithuania
About
Requirements
Cost of Living
Expats
Talent Migration

About

Foreigners who want to run a business and reside in Lithuania may apply for a Business Immigration visa which is a resident permit as well.

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Duration

24 months

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Citizenship

120 Month(s)

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Fees

100 (approx.)

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P. Residency

60 Month(s)

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Processing time

8-16 weeks

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COMPLEXITY

Medium

What are eligibility requirements for the Business Immigration Visa?

6 Eligibility Requirements

  • You must have a valid passport/travel document.
  • You must be of good character and good health.
  • You need to be a head or a shareholder of a Lithuanian enterprise and the par value of shares of the enterprise owned by you forms at least 1/3 of the shares of the enterprise.
  • You minimum investment in the enterprise should be 14,000 Euros; the equity of the enterprise should be no less than 28’000 EUR.
  • Citizens of Lithuania, another European Union Member State or a Member State of the European Free Trade Association or aliens permanently residing in Lithuania should be employed on full-time basis in the Lithuanian enterprise and their monthly salaries (of all of them) should be no less than twice (2x) the average monthly salaries in Lithuania.
  • The Lithuanian enterprise should be engaged in its activities for at least 6 last months prior to the application for issue a Residence Permit in Lithuania.

Which documents do I need to apply for the Business Immigration Visa?

6 Document Required

  • Copy of passport bio page or travel document.
  • Document showing your shareholder rights in the enterprise.
  • Details of employees working in the enterprise such as working hours, salary, tax details, etc.(all requirements should meet the Lithuanian market standards).
  • Proof of your enterprise activities and engagement for a min. of 6 months prior to application of residence permit.
  • Police clearance certificates.
  • Additional documents may be required depending on your nationality.

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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