Business Immigration Visa

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Lithuania
About
Requirements
Cost of Living
Expats

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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COMPLEXITY

Medium

Eligibility Requirements

6 Eligibility Requirements for Business Immigration Visa

  • 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.

Document Requirements

6 Document Required for Business Immigration Visa

  • 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.

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