Simplified consultancy for securing a Lithuanian residence permit through business establishment and investment. Let us guide you through every step.
Lithuania offers a straightforward process for non-EU citizens to obtain a residence permit through business investment or company formation. By establishing a business in Lithuania, you not only gain the right to reside in the country but also benefit from its thriving economy, access to the European Union market, and a favorable business climate. Whether you’re setting up a new venture or expanding your existing business, a Lithuanian residence permit opens the door to many opportunities.
Obtaining a residence permit in Lithuania provides numerous benefits for entrepreneurs and business owners:
Live and work in Lithuania, with access to travel across the Schengen Area.
Lithuania has low taxes, minimal bureaucracy, and a robust legal framework for business owners.
Your spouse and children can also apply for residence permits alongside you.
After 5 years, you may qualify for permanent residency or even Lithuanian citizenship.
Lithuania offers a balance of affordable living costs and high standards of living.
You may be eligible for a Lithuanian residence permit under business criteria if you:
We simplify the Lithuanian residence permit application process, guiding you through each step:
To apply for a Lithuanian residence permit under business grounds, you’ll need the following:
Accurate and signed form, available from Lithuanian visa authorities.
Your passport must be valid for at least 3 months beyond your planned stay in the Schengen region.
Proof of business registration in Lithuania.
Business plan demonstrating the viability of your business.
Financial documents showing capital investment and sufficient means to support yourself.
Proof of accommodation in Lithuania
Health insurance coverage.
Our consultancy offers a full suite of services to ensure a successful residence permit application under Lithuania’s business investment program. We handle everything from the initial consultation to post-approval services, ensuring a hassle-free process.
We evaluate your business plan and residency needs to provide tailored advice on securing your residence permit.
Our team assists in gathering and preparing all necessary documentation, from business registration proof to financial statements. We review everything to ensure compliance with Lithuanian immigration regulations.
Once all documents are ready, we submit your application to the relevant authorities. We also handle follow-ups, providing you with regular updates on your application status.
We work to minimize delays by ensuring your application is complete and accurate, expediting the approval process wherever possible.
Even after your residence permit is approved, we provide ongoing support for renewals, family reunification permits, and any other immigration-related matters.
Let us take the hassle out of securing your Residence Permit in Lithuania. With our expert team handling the process from start to finish, you can focus on your business.
Get your residence permit application started today by getting the free consultation now and let our experts guide you through your Lithuanian residence permit process.
or
Schedule a live call now, and our representative will provide you with personalized guidance in real-time for your residence permit.
We’ve compiled answers to some of the most common questions about residence permit in Lithuania.
A Lithuanian residence permit allows non-EU citizens to live and work in Lithuania legally. You can apply for a residence permit through business investment, employment, studies, or family reunification. The residence permit grants you the right to reside in Lithuania for a specified period and offers access to the Schengen Area for travel.
You can apply for a permit if you establish or manage a business in Lithuania. The requirements include registering a company, having sufficient capital to invest in the business, and meeting the economic benefit criteria for Lithuania, such as hiring local employees or contributing to the local economy.
A temporary residence permit (TRP) in Lithuania is generally issued for 1 to 2 years. It can be renewed as long as you continue to meet the eligibility criteria, such as maintaining your business operations. After 5 years of continuous residence, you may be eligible to apply for permanent residency.
Non-EU citizens who are looking to start, manage, or expand a business in Lithuania are eligible to apply. The primary eligibility criteria include owning or managing a company registered in Lithuania and demonstrating sufficient financial resources to support yourself and your business.
Yes, once you have been granted a residence permit, your spouse and dependent children can apply for a family reunification permit. This allows them to live with you in Lithuania for the duration of your stay.
The processing time for a can vary, but it typically takes between 2 to 4 months. It’s recommended to apply early to ensure you receive your permit in time for your planned move to Lithuania.
Yes, once you obtain a Lithuanian residence permit, you are entitled to travel freely within the Schengen Area for short stays (up to 90 days within a 180-day period) without the need for additional visas.
Yes, a permit obtained through business investment allows you to legally live and work in Lithuania. However, the primary requirement is that you either own or manage a registered business in Lithuania.
If your business closes or ceases operations, your residence permit may be revoked unless you can demonstrate other valid reasons for staying in Lithuania, such as securing employment or starting a new business. You will need to notify the authorities and possibly apply for a different type of permit.
You can apply for an extension by submitting a renewal application before your current permit expires. You will need to provide updated documentation, such as proof that your business is still operational and meets all requirements.
After 5 years of continuous residence in Lithuania with a valid temporary residence permit, you may be eligible to apply for permanent residency. This allows you to live in Lithuania indefinitely, with fewer restrictions. In some cases, you may also apply for Lithuanian citizenship if additional criteria are met.
Some initial steps, such as gathering documents and submitting your application, can be done remotely. However, you will need to visit the Migration Department of Lithuania or a Lithuanian consulate to submit original documents and complete the process in person.
To obtain a residence permit through business, you must demonstrate that you have sufficient financial resources to invest in your company and support yourself while residing in Lithuania. This typically includes capital investment in your business and proof of income or savings to cover living expenses.
Yes, after holding a temporary residence permit for 5 years, you may be eligible to apply for permanent residency in Lithuania. To qualify, you must continue to meet the business and residency requirements during this period.
While knowledge of the Lithuanian language is not required for a temporary residence permit, you will need to demonstrate proficiency in the language if you plan to apply for permanent residency or citizenship in Lithuania.
The application fee for a residency permit in Lithuania varies depending on the type of permit and the applicant’s circumstances. In addition to the government fees, you may need to budget for document preparation, legal services, and translation fees. Our team can provide a detailed cost breakdown based on your situation.
Yes, once you receive your residency permit, you are eligible to open a bank account in Lithuania. This will allow you to manage your finances locally and support your business activities.
You can learn more about VFS Global and centers on following link:
Still Have Questions?
Use the following links to know more…
Drop us a message and we shall get back to you shortly on your given contact details.
We specialize in providing expert consultancy for Business Formation, Lithuanian D Visas, Work Permits, Residence Permits, and document legalization. Our team is dedicated to making the immigration and business setup process in Lithuania simple and efficient for our clients worldwide.
Copyright © 2024 euconsultants.uk. All Rights Reserved.