Resident permit for business owners / shareholders

Lithuania

Investor
All Business Sectors
Free

Resident permit for business owners / shareholders is a program for the foreigners who are directors or shareholders of a company, a joint stock company or a closed joint stock company in Lithuania. The company must have been active for at least 6 months prior to the application for a residence permit and have equity of at least 28,000 EUR.

Resident permit for business owners / shareholders

Resident permit for business owners / shareholders is a program for the foreigners who are directors or shareholders of a company, a joint stock company or a closed joint stock company in Lithuania. The company must have been active for at least 6 months prior to the application for a residence permit and have equity of at least 28,000 EUR.

Country

For who?

Investors

Time Granted Details

one year, with the possibility to extend for an additional year, one year, After the two years, in order to stay in Lithuania, you will have to fulfill regular immigration requirements

Requirements

* APPLICATION FOR THE ISSUE OF A TEMPORARY RESIDENCE PERMIT IN THE REPUBLIC OF LITHUANIA
* A valid travel document (passport)
* A copy of confirmation letter from Enterprise Lithuania
* One photo matching the age of the applicant
* A document confirming that the applicant has sufficient funds and (or) receives regular incomes to live in the Republic of Lithuania
* A document confirming that the applicant has accommodation where he/she intends to declare his/her residence
* (A) certificate(s) from (a) competent authority(ies) of (a) foreign state(s) where the applicant lived before coming to the Republic of Lithuania or lived for the last 2 years (except for cases when residence in a foreign state lasted less than 6 months within a period of 12 months) confirming that the applicant has (not) been convicted in the corresponding state(s)
* A list of foreign states that the applicant has visited and (or) where the applicant lived the last 10 years before coming to the Republic of Lithuania.
* A document confirming applicant’s health insurance that covers urgent medical care costs and costs that may occur because of applicant‘s return to a foreign state due to the health causes
* A document confirming the paid state fee.

Minimum fund

$0

Fund Source

This information is not available

Visa application fees

114 - 228 EUR

Duration

Four months

Documents required

This information is not available

Procedures

The applicant will go through these steps :
1. Submition of his application via the website : https://startupvisalithuania.com/login
2. Having an online video interview
3. Evaluation of the application and recorded video by the independent evaluation committee formed out of public and private sector members.
4. If application is approved, reception of an official confirmation letter from Enterprise Lithuania, stating that the business idea is suitable.
5. Application for a temporary residence permit at the Lithuanian embassy in his home country or submition of the documents directly at the Migration department if he are already in Lithuania.

How to apply?

https://startupvisalithuania.com/login

Additional info

Enterprise Lithuania
A. Goštauto g. 40A, LT-03163
Vilnius, Lietuva
Phone +370 (5) 249 90 83
Mob. Phone: +370 620 35134
Fax. +370 (5) 204 58 08

Family

allowed to bring along your family