
What are the different programs offered by Lithuania for business immigration?
Several business immigration programs are offered in Lithuania, with the purpose of attracting business owners, financiers, and skilled employees to set up or expand their operations there. The following are some of Lithuania's most well-known commercial immigration programs:
- D type Visa: This type of visa is designed for overseas entrepreneurs who wish to start a new business in Lithuania. One year Multiple-Entry Schengen visa D-Type. To receive it, you have to register a company in Lithuania with a capital of 28'000 Eur (can be induced 2-3 persons)
- Temporary residence permit: Under this scheme, foreign nationals who have been offered work in Lithuania or are self-employed may be eligible for a temporary residence visa. The scheme permits applicants a 2-3-years temporary resident permit, with extensions allowed.
- Permanent residence permit: A permit of a long-term resident of the Republic of Lithuania is a legal document that allows a foreign national to live there and attests to their status as a permanent resident. In order to get a Permanent Residence Permit in Lithuania (PRP), you will be required to live in Lithuania for five years as a Lithuania temporary residence permit holder, pay taxes, and pass the Lithuanian language and State Constitution knowledge exam.
- Residence Permit by registering a branch company in Lithuania: If you are not a European Union citizen and have your own corporation or business that is not registered in the European Union, you can obtain a temporary residency permit for the Republic of Lithuania for 2-3 years. You are also welcome to bring family members. They can apply for temporary residency permits alongside you. They will be awarded temporary residency permits for the same period of time as you.
Before applying to any of these programs for more information please contact BIZBON’s office. [email protected]