Home » Visa Schemes » Business Immigration Visa of Lithuania

Description

Duration

24 months

Processing time

8-16 weeks

Converts to Citizenship after

120 Month(s)

PR after

60 Month(s)

Complexity

Medium

Governmental Fees

100 (approx.)USD

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.

Documents:

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.

Cost of living

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