Business immigration to Lithuania
Great business opportunities and favorable geographical position, membership in the European Union etc. – all these make Lithuania an attractive country for business migration. Those wishing to set-up business in most countries of Europe should have large authorized capital, good business plan, strong business knowledge, it is necessary to employ only local people. But in Lithuania for foreigner it is much easier to do business –foreigner receives Residence Permit after the establishment of the company with minimal investments.
Residence permit – is a document that allows foreigner to stay in the Republic of Lithuania and the Schengen area for one year (Temporary Residence Permit) or permanently (with Permanent Residence Permit) without any visa.
A person who obtained Residence Permit is free to leave and return back to Lithuania at any time, so to travel all over Europe without any obstacles. Foreigner with Residence Permit has totally the same social benefits as citizen of Lithuania, with the exception of political rights. Residence permit can be renewed for the following year an unlimited number of times. After 5 years if Temporary Residence permit obtaining, foreigner can get Permanent residence permit for the period of five years.
Cases, when a foreigner can obtain Residence Permit in Lithuania:
- To set-up the company as a co-owner with the condition that he owns share capital of 50 thousand litas or more. And in this case, his presence in the Republic of Lithuania for the company activity is obligatory;
- Become the head of a company registered in Lithuania. If the main purpose of visit is to work in a company, then the company’s authorized capital should be not less than 50 thousand litas.
- To set-up the company and to hire himself as head of the company. In this case, the authorized capital of the company should be not less than 10 thousand litas.
There are other ways to obtain Residence Permit, but the registration of the company is the most popular and the easiest way.
Our company offers a package of services that will enable you to get the opportunity to enjoy the life that every resident of Europe enjoys today.
We will help You:
- Get Residence Permit in Lithuania
- Prepare documents to obtain Residence Permit
- Make Schengen visa
- Open Your bank account
- Open Your company in Lithuania
- Get all the necessary advices and assistance necessary to obtain Residence Permit
- Quickly and without any problems carry out the whole business migration process.
Other services of the company:
• Selling business;
• Set-up of companies (UAB);
• Selling companies with already formed authorised capital of 10,000 LTL and more, with registration address, seal and so on;
• Accounting services;
• Other legal services.
www.permit.lt