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Residence permit in the Republic of Lithuania

  • gatewayintoeuropeuk
  • Aug 7, 2019
  • 2 min read

Updated: Aug 8, 2019

Immigration to Lithuania is very popular among foreigners. It is cheap, fast and allows to visit any European Union countries without any additional visa. Most popular ground for Lithuanian residency is by registering a company and becoming its shareholder and/ or director. You won’t need to bother about anything what is related with residence permit file preparation. All documents are being prepared by our professional lawyer and we do all the work on behalf of you.



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Available immigration programs to Lithuania


Company ownership or director of the company

Under this basis it is possible to include total 4 persons in one company to apply for a residence permit. There can be up to three shareholders and one director. No restrictions for nationalities. As well one person can apply under the same basis being a shareholder and director in one person. For the first time residence permit in Lithuania will be issued for one year, second and all other times it will be renewed for two years. Person can apply for a permanent residence permit after five years of holding temporary residence permit. Applicant can bring his family members together.


The company has to meet some requirements set by the MIGRATION DEPARTMENT

Company has to have not less than 28’000,- Eur value of share capital and each separate shareholder has to own not less than 14’000,- Eur of share value. It means if there are one or two shareholders it is enough to have share capital value of 28’000,- Eur. If there will be three shareholders, share capital value has to be not less than 42’000,- Eur. You don’t need to deposit the share capital money.As well in the company has to be hired at least one Lithuanian citizen with a salary not less than two average salary in Lithuania which currently is 890,- Eur. So two average salaries would equal to 1’780,- Eur. It does not matter how many employees you will hire, the most important thing is that TOTAL salaries amount of all Lithuanian workers would be not less than 1’780,- Eur.The company has to be active for at least 6 months. It means that after registering a company you have to run business for minimum six months before applying for a Lithuanian residence permit in the migration department. They will ask to show bank statements, sale, purchase invoices, collaboration contracts, office lease agreement and employments contracts of Lithuanian citizens.

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Gatewayintoeurope Immigration Services is one of the most trustworthy and reliable immigration service brand names among migrators and tourists alike Worldwide.Gatewayintoeurope Immigration Services provides facilities to assist you for all your immigration needs. Be it from setting up your residence or getting you a Residents Permit. We at GATEWAYINTOEUROPE INTERNATIONAL  believe that all your immigration solutions should be as relaxing and hassle free as possible.

 

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