Features of Lithuania Residency
Everything you need to know
Welcome to Lithuania Residency Guide
Lithuania offers an attractive option for individuals seeking European residency through company registration. This Baltic nation combines a favorable business environment with a straightforward residency process, making it an appealing choice for entrepreneurs, investors, and digital nomads.
Understanding the Lithuanian Residency Program
Lithuania offers a unique pathway to residency through the establishment of a company. The program allows non-EU/EEA individuals to register a business in Lithuania, which then grants them the right to obtain residency permits for themselves and their families.
Lithuania offers several options, including a sole proprietorship, limited liability company (UAB), joint-stock company (AB), and others.
To qualify for Lithuanian residency through company registration, certain criteria must be met. These typically include demonstrating a genuine intention to establish and operate a business, ensuring the business is economically viable, and having sufficient financial resources to support oneself and any dependents during the residency period.
Registering a company in Lithuania involves several steps. These include choosing a company name, preparing the necessary documentation, opening a bank account, obtaining relevant licenses or permits (if applicable), and submitting the application to the Lithuanian authorities.This is where we come in
Lithuania offers various types of residency permits, including temporary residence permits (TRP), long-term residence permits (LTRP), and permanent residence permits (PRP). The specific type of permit will depend on factors such as the duration of stay, the type of business, and the individual's personal circumstances. Each permit type carries different rights and benefits, including the ability to travel freely within the Schengen Area.
Advantages of Lithuanian Residency Through Company Registration:
- Access to the European Union: Obtaining Lithuanian residency provides individuals with the opportunity to establish and expand their businesses within the European Union, enjoying the benefits of a single market and a skilled workforce.
- Tax Advantages: : Lithuania offers a competitive tax regime, including a 15% corporate income tax rate, attractive tax incentives for specific industries, and a growing startup ecosystem.
- Quality of life: : Lithuania boasts a high standard of living, affordable healthcare, a well-developed education system, and a safe and clean environment, making it an appealing destination for individuals and families.
Lithuania's residency program through company registration offers an excellent opportunity for individuals seeking European residency with business prospects. By understanding the process, meeting the eligibility requirements, and following the necessary steps, you can obtain Lithuanian residency and enjoy the numerous benefits that come with it. Whether you are an entrepreneur, investor, or digital nomad, Lithuania provides an attractive gateway to the European market and a high-quality lifestyle.