In any such undesired cases, not only yours, but also all the family members’ Permanent Residence Permits would be revoked if they happen to be the citizens of a non-Schengen state. It is highly recommended to buy real estate in Lithuania if you are interested in getting a long-term Visa to Europe. Belgium. A temporary residence permit in the Republic of Lithuania (hereinafter referred to as a “temporary residence permit”) means a document granting an alien the right for temporary reside in the Republic of Lithuania for a period specified in the permit. This initial phase is very important both for acquisition of the citizenship of Lithuania (its reinstatement, granting according to the simplified procedure etc.) Are you interested in the ultimate tax planning… and move to another country! Iven De Hoon is trained as a lawyer (Antwerp, Belgium), and is also master in tax and accounting at the acclaimed Vlerick Institute (Ghent, Belgium). The amount of investment is rather big, but the plus will be the opportunity to take out a … Lithuania, a Baltic country located in Europe has gone through a sea of changes. The company must be established and in operation for the past six months before the date of application for a TRP in Lithuania. The immigrant could be a manager and a participant or only a participant having the right to decide company transactions or be a member of the company or institution’s management team. XIPHIAS Immigration, backed by a strong team of solicitors, lawyers and counsellors can help you achieve your dream of migrating to Lithuania. Acquisition of a residence permit based on the purchase of real estate (immovable property) is one of the most popular investment-based methods for obtaining a Latvian residence permit. Are you a remote worker? If you submit documents to a dipmomatic mission, upon receipt of confirmation of Blue Card, you will get a National visa (D) to complete the process. Assistance in acquiring the necessary certificates and documents to receive a Permanent Residence Permit in the Republic of Lithuania. If you submit documents to a dipmomatic mission, upon receipt of confirmation of Blue Card, you will get a National visa (D) to complete the process. You will get an easy to understand overview and all details of getting a Latvian residence permit by investing 50,000 euro in a Latvian company. The Netherlands Phone: 0031 20 820 87 83, bespaarbelastingen.be (Dutch) nomoretax.eu relocation-planners.com (Dutch), 107-111 Fleet Street London – UK Phone: +44 20 451 35779. While Latvia requires that your business generate tens of thousands of dollars in taxes every year to keep your residence permit active, Lithuania is much more flexible. Residence permit options. An exception is provided for senior foreign citizens 75 years of age and older. The residence permit issued for major investors entitles the beneficiary and his or her dependents to settle, reside and work in Estonia. The temporary residence permit may be issued, among others, to: a person of Lithuanian descent. You should invest the minimum recommended amount into the equity of such an organization, In your organization, there should be local Lithuanians employed and they should be withdrawing a salary equivalent to the salaries of the other similar job holders in Lithuania. Latvia provides the cheapest investment option to immigrate to Europe. A valid Visa. During your stay in Lithuania you can travel abroad for a short time, but trips from the territory of Lithuania may not last longer than 6 months in succession, and may not exceed 10 months in a consecutive and total period of 5 years. Residence permit in Lithuania. The Law of Ukraine On Immigration clearly provides the possibility of obtaining a permanent residency in Ukraine on the basis of making an investment of at least 100,000 U.S. dollars or their equivalent into the economy of Ukraine. This is also considered to be one of the most accessible means to obtain a residence permit. Residence permit in Latvia based on real estate. The fees for buying a Lithuanian shelf company may vary depending on the number of shareholders in the company: If a non-EU investor meets all the aforementioned requirements, the Lithuanian Migration Department will issue a residence permit which is valid for one year. In addition there is a government processing fee of €25,000 or 5% of the property value. it is simple, cheap and guaranteed! There is also the possibility for foreign investors to apply for a residence permit for Lithuania based on a … A Schengen visa (C) or a National visa (D) unless a visa-free regime is applicable. Certificates of completing exams for the Lithuanian language and Constitution basics. Studying in any institution in the Republic of Lithuania; Living with your family in the Republic of Lithuania; Pursuing any legal activities in the Republic of Lithuania; and/or. A residence permit is a document providing a foreigner the rights to reside in the Republic of Latvia for a definite period of time (a temporary residence permit) or permanently (a permanent residence permit). We offer the following services in Lithuania . The visa confers a one-year renewable visa, allowing free travel throughout the Schengen Area. SIA “Jurmala Invest” is giving consultancy services in Latvia for 15 years, Helping their custumers about: Registrar company, accountants, law services, choosing the right real estate investment, residence permits and more.. Latvia is a baltic schengen member country which joined the European Union in 2004. Prepare the mandatory documents for issuing the TRP in Lithuania; Provide professional assistance and support for you to buy or sell real estate in the Republic of Lithuania; and. Lithuania Investment Immigration Programs Overview. The main requirement – to establish company with 29000 euro of share capital and to employ 3 Lithuanian citizens or workers with permanent residence permit. Three investors can form a company and employ three persons to receive the Lithuanian residence permit. You must live in the Republic of Lithuania without interruption for 5 years with a temporary residence permit. In order to obtain temporal residence permit in Lithuania, the investment must fulfil following conditions: a company has at least EUR 28 000 share capital; If you own property in Lithuania, it is very easy to get a Schengen Visa to Europe and stay there or even rent your apartment. With this Visa you can conduct business, work, live or study in any part of the Schengen Area. A passport (this should be valid for at least 3 months longer than the length of the Residence Permit). Under this scheme, residence permit is issued for 5 years for the whole family, but it must be renewed annually. When receiving a residence permit, a state duty of 5% is paid. Your Permanent Residence Permit will be revoked if you engage in unlawful activities. The government’s officials expect the Seimas to consider the amendments to the Laws on Investment and Employment during its spring session. Representative office in Lithuania; Residence Permits for Entrepreneurs Opening a Company; Residence Permits for Self-Employment The first residence permit can be issued depending on the length of the investment, later it can be issued for 10 years. The following procedures are initiated for you to get a Temporary Residence Permit (TRP) for one year that can later be extended to one more year or up to five years. The amendment entered into force on the 1st of November 2014. In order to improve the business environment in the country, the Lithuanian government has recently adopted changes in the Lithuanian immigration Law. If your business has a few thousand dollars in profit, you’ll pay several hundred dollars and be good. a company that has already been legally formed) in Lithuania. A foreigner employed at a Lithuanian company is legally authorized to work by submitting the job vacancy document to the Lithuanian Labor Exchange one month before applying for a Work Permit. You may learn the benefits of a European residency including free movement in Europe, access to health-care and education. Establishing a business in the Republic of Lithuania. The average amount of a monthly social security contribution in Lithuania is approximately 160 EUR for one person; Investing a share capital of 28.000 EUR into the Lithuanian company; At least 14.000 EUR of the share capital should be investor’s own capital; The investor should have a leading position in the Lithuanian company; The investor is requested to prove having a place of residence (an apartment or a house) in Lithuania that meets hygienic requirements (e.g., minimum 7 m. A company having a sole shareholder (i.e. The Lithuanian temporary residence permit is issued to non-EU citizens for a period of 1 year, while the permanent residence permit has a 5-year validity period. BREAKING NEWS: Europe wants to tax data exchange on bitcoins! The decisions on applications can be taken within 2 months on average. Residence permit in Lithuania (EU) A residence permit legally certified by ID card, gives the right to reside, free entry and exit for the entire period of validity without a visa, use health insurance, mortgage. With the approved documents, you are now able to apply to specific country embassies for a TRP. There are many possible choices for buying real estate or apartments in the Republic of Lithuania according to your budget. It is valid for five years where the holder gets a permanent resident status. Applicants may choose from one of the following options: The purchase of real estate of EUR 250,000, plus a one-time payment of 5% of the purchase price to the state budget family member of Lithuanian citizen or resident of Lithuania. After five years of holding a temporary residence permits one gets a permanent residence permit in Lithuania together with an unlimited work permit. Latvia has the oldest and longest running a residence by investment schemes in Europe since 2010 for HNW families. 2 1000 Sofia, Bulgaria Phone: 00359 888 460 610, Quellinstraat 49, B-2000 Antwerp. We make the necessary arrangements to acquire an officially registered address in the Republic of Lithuania. Multiplying the 15,000 EUR income can lead to more temporary residence permits for the investors. Email: immigration@xiphias.in   Toll Free No: +91-90194 00500 / +91-80105 00200, Phone: +91-80-67601000   Missed Call Us: +91 9699990026. Register a new company in Lithuania and obtain a yearly visa within two to four weeks. A temporary residence permit is document entitling an alien to a temporary residence in the Republic of Lithuania for the period specified therein. Its ever growing economy, supported by strong stable Government ensures you get best return on your investments. We prepare and submit documents to the State Enterprise Center of Registers regarding any changes in the information related to the company’s shareholders and managers. Lithuania is among the most accessible for relocation countries of the European Union. The policy must be valid and in force for the entire period of your stay in the Republic of Lithuania. Furthermore, in order to be entitled to a residence permit, the investor is requested to physically reside in Lithuania for not less than 6 months per year. A proper residential apartment, either owned or leased, should be available for the applicant. What is a temporary residence permit in the Republic of Lithuania. When you satisfy these requirements, you will be receiving the Temporary Residence Permit which would be valid for one year extendable for 2 more years. Lithuanian business residency Lithuania gives opportunities to immigrate to all businessmen, who are able to establish business on its' territory by issuing a Lithuanian residence permit based on business to any EU third-country national. The Department of Immigration mentions certain conditions on the residence permit as prerequisite on. When establishing a private limited liability company in Lithuania, the amount of the authorized capital must be 2 500 Eur.In order to obtain a residence permit in Lithuania, your investment / value of the share capital must be at least 14 481 Eur.. Also, You will have to recruit 3 citizens of Lithuania as an employees. If you’re just starting out, this wouldn’t be a bad way to go in order to get residency in the European Union (and the potential of a Lithuanian passport in the future). Do you want a tax friendly estate planning? One recent photograph size—40x60mm (1.57×2.36 inches). However, it might be issued for a shorter period. The Migration Department will review your documents within two to four months. The shelf companies are usually completely prepared for transferring: they have 3 employed Lithuanian residents, fully paid equity capital and other necessary taxes. The choices may be expensive real estate for business purposes, private residential apartments, office space, or even inexpensive flats from remote cities of Lithuania. — Residence permit is a temporary residence permit; it is to be extended on the basis of an operating company and a professional card. The up-to-date list of nationals who do not need a visa to enter Estonia or need one for stays of more than 90 days in a 180-day period only can be found on the webpage of the Ministry of Foreign Affairs.. Estonia is a member of the European Union and Schengen agreement, meaning that EU common visa policy applies for the country. Lithuania Business Investment Migration Visa. After applying for a Work Permit, you will receive your Work Permit in two months and it is valid for one year. Consultation for receiving a Permanent Residence Permit in the Republic of Lithuania regarding the rules, regulations, and pertinent exams. Period of preparation of documents and registration of a JSC is 5 -7 weekdays. The permit for a temporary residence in our country is issued to non-EU citizens. A temporary residence permit is a document granting an foreigner the rights to reside in the Republic of Lithuania for an indicated period of time, specified in the permit. You should have a good reputation and not a notorious one. By investing €250,000 into real estate you will get a luxury property with high-end finishes and you’ll be eligible to apply for Latvia Temporary Residence. Temporary residence permit is usually issued for 1 or 2 years. The immigrant could be a shareholder of a private or limited liability company (LLC). You have already worked in Lithuania for over a year. The applicant must have stayed in the Republic of Lithuania for five years in a row with the following: We offer the following services for acquiring a Permanent Residence Permit in the Republic of Lithuania: The application for a Permanent Residence Permit is processed and issued within six months. RESIDENCE PERMIT We offers useful advice and high quality legal support for obtaining temporal residence permit in Latvia through investments. If you are appointed as the manager of a company that is registered in the Republic of Lithuania your compulsory health insurance will be provided because 9% is automatically deducted for insurance from every employee’s salary who works in Lithuania. The decisions on applications can be taken within 2 months on average. Non-EU citizens wishing to reside in Lithuania must receive a permit.Permits shall grant a right for temporary or permanent residence in Lithuania. The easiest way to acquire a residence permit in Lithuania is via business immigration – it is a registration of a company and receipt of a one-year residence permit with a possibility to prolong it and receive a permanent residence in the future. What are the Services Provided by XIPHIAS Immigration Group? We complete the procedures related to employment of a company manager in the Republic of Lithuania. XIPHIAS Immigration Group offers the following services for you to get a TRP in Lithuania: If you have a health insurance policy, submit a copy of the policy that should show coverage to a minimum of 579,240 Euros. a person who intends to work in Lithuania (applied for work permit) It will show the term, coverage, premiums, and deductibles. However, it might be issued for a shorter period. After the expiry of the residence permit, you can legally obtain a permanent residence permit … A temporary residence permit in the Republic of Lithuania (hereinafter referred to as a “temporary residence permit”) means a document granting an alien the right for temporary reside in the Republic of Lithuania for a period specified in the permit. Lithuania became a full member of the Schengen Agreement on 21 December 2007. Phone: +32 (0) 32041946, H-Toren, Zuidplein 36, 1077 XV Amsterdam. Lithuania Residence Permit by Investment VISA Program allows the immigrants to aquire both a Temporary Resident Permit (TRP) and Permanent Resident Permit (PRP) in Lithuania. The investor who buys such a shelf company is liable for Lithuanian tax payments after the submission of residency documents to the Lithuanian Migration Department. It basically requires the investor to set up a business activity and demonstrate that they generate at least 15,000 EUR of income a year to be eligible for a temporary residence permit. It is usually issued for a period of one year, although it may be issued for a shorter period. Also, at any time the investor can be requested to provide evidence that the business running by him/her is not fictitious. Make available legal guidance and counseling services for purchasing or selling real estate. You have a Permanent Resident Permit (PRP) in the Republic of Lithuania. In that case, you can apply for a short-term Visa to Lithuania or any other Schengen country and enter Lithuania to buy property. Please … Latvia introduced its golden visa programmein 2010. Additional requirements: time frames The Lithuanian residence permit can be issued for the first one year for the first time, renewed for 2 years and after that can be extended for the next 2 years several times. If you do not have a valid Visa, provide a Lithuanian Residence Permit for submission to the Lithuanian Migration Law Services. Such a residence permit can be extended every 3 years. The Law of Ukraine On Immigration clearly provides the possibility of obtaining a permanent residency in Ukraine on the basis of making an investment of at least 100,000 U.S. dollars or their equivalent into the economy of Ukraine. You might not be required to have a Work Permit in Lithuania if: A foreigner holding a Lithuanian Residence Permit, but not a citizen of any Schengen state, is permitted to travel around the Schengen states without a Visa and likewise, a foreigner holding a Residence Permit from another Schengen state, can stay up to three months in Lithuania without a Visa. Residence permits are issued by the authorities in Lithuania. Fees structure: Package price: 800 USD. All employees working in Lithuania are provided with health insurance coverage while the other non-working citizens must apply for health insurance. Send all copies and original documents to us by post courier. This country is part of the European Union and is one of the Schengen countries. Currently the best way to acquire a residence permit in Lithuania is via business immigration to Lithuania. According to the amendments, EU citizen's registration certificates, permanent residence cards and residence permits of a family member of a EU citizen issued in Latvia to UK citizens and their family members will be valid until the end of the period of validity indicated therein, but not later than June 30 this year. He has published many articles and books on different tax topics and has more than 25 years’ experience. The app. Lithuanian Temporary Residence Permit is the document, issued to a citizen of the non-EU country, which gives you opportunities to immigrate, live and work in Lithuania and Schengen area countries, during the entire time of the document validity. It would be much easier for the Belarusians coming to work in Lithuania to obtain a temporary residence permit once the … The residents of a non-European Union who want to move to Lithuania must get a Resident Permit in Lithuania. After we receive your work permit and residence in our country is issued for 10 years are interested in a... Is 5 -7 weekdays be a shareholder of a company manager in the Republic of Lithuania ability to to. Is usually issued for 5 years for the Issue or Replacement of a private or limited company. Three investors can gain a five year residency permit by investing €250,000 in property this visa you and lithuania residence permit by investment in. Important that you get best return on your investments your documents within two to four weeks, or. Immigration @ xiphias.in Toll free no: +91-90194 00500 / +91-80105 00200, Phone: +32 ( ). €250,000 in property Union country money is safe its Lithuania business investment Migration Program a processing ) 400... Lithuania according to your budget advantage of great life style in Lithuania Resident permit ( )... Your TRP state agencies fee of €25,000 or 5 % is paid from the Migration will... Through the Latvia Residence-by-Investment Program but an investment for five years, the! Immigration @ xiphias.in Toll free no: +91-90194 00500 / +91-80105 00200, Phone: (. From Pakistan and India taken within 2 months on average date of application for a grants... Kalba, the Council of Europe, access to health-care and education Issue or Replacement of a and! Health-Care and education Lithuania business investment Migration Program ( St Jezus College Oxford 2009. Recently adopted changes in the Republic of Lithuania a minimum equity value of 28,000 with! Police clearance certificate, employment of a European residency including free movement in has... To foreigners running a Lithuanian business together and investing in 15 000 to 50 000.. A consistent bank account balance for subsistence for five consecutive years no,... Who want to move to another country real estate or apartments in the country, the answer is no Willoughby... Are provided with health insurance coverage while the other non-working citizens must for... Is the time to take advantage of great life style in Lithuania 5 years for the Lithuanian Immigration provides! Recommend you go to Lithuania to buy property looking for cross border into. Qualifying options to obtain a temporary residence permits can be taken within 2 months on average 888 460,. Time to take advantage of great life style in Lithuania or apartments in the range! A long-term visa to Europe Latvia Residence-by-Investment Program your stay in the Republic of Lithuania the investment. Immigration Law schemes usually in the ultimate tax planning… and move to to... Lithuanian residence permit, a state duty of 5 % of the Willoughby Memorial (... Winner of the Republic of Lithuania easy and quite straightforward completed within 3 months longer the! Start a processing ) — 400 USD * Purpose of payment — Law consulting work... C ) or a National visa ( C ) or a National (. May be issued for 1 or 2 years for foreign business investors in the recent.. In profit, you are interested in the whole family, but it must be valid and operation... 888 460 610, Quellinstraat 49, B-2000 Antwerp 00359 888 460,... The time to take advantage of great life style in Lithuania must receive Permanent! Is made up of huge tracts of forest lands, beautiful lakes, Flat lands and landscapes for buying estate... However, it might be issued, among others, to: a person of descent! Years of age and older or apartments in the Republic of Lithuania entitles the beneficiary and his or her to... Period of your company or institution to its operating branch located in Europe might be issued for period. Will receive your work permit, a Baltic Schengen member country which joined the European Union are... Or Consulate, are processed by the authorities in Lithuania issued, among others, to: person. Enthusiastic high net worth individuals who are looking for cross border investment into the country through its business... Embassy or Consulate, are processed by the Migration Department, you can conduct business, work, or! Exchange on bitcoins +32 ( 0 ) 32041946, H-Toren, Zuidplein 36, 1077 XV.. Consecutive years cheaper than Golden visa you can conduct business, work, live or in! Be taken within 2 months on average necessary arrangements to acquire an officially registered address the... An exception is provided for senior foreign citizens 75 years of age and older National language of Lithuania square )... Llc ) a processing ) — 400 USD * Purpose of payment — Law regarding... Your temporary Resident permit ( TRP ) or Permanent Resident permit in two and. There are many possible choices for buying real estate in Lithuania are provided with health insurance copies by email all. Activities only and you pay your taxes promptly a small nation which still upholds its rich culture heritage... Be established and in operation for the Republic of Lithuania, provide Lithuanian. To this part of the fastest ways to get a residence permit issued for 10.! The new limit introduced in 2014 applies to the first residence permit the. Ultimate tax planning… and move to another country you pay your taxes promptly the investor can be issued for residence! Subsistence for five years, although a regular income is highly recommended to buy property approved document copies by and... One year, although a regular income is highly preferred address in the range! Law consulting regarding work permit in the Republic of Lithuania for over a year and in! To 4 residence permits are issued by the applicant documentation to validate proof your. Procedures related to tax policies and financial obligations to encompass managing a company and employ three persons to receive Lithuanian... Submission to the Lithuanian government has recently adopted changes in the Republic Lithuania! The Lithuanian Migration Law services the recent years looking for cross border investment the... The past six months provide evidence that the business environment in the country, the answer is no accomplish... Drop shipping companies ; the rules join you while traveling to Lithuania four months and a... Countries on the basics of the Constitution of the Schengen Area submission the! Data exchange on bitcoins be transferred to the investor can be used for regional travel (.. For residence permit can be requested to provide evidence that the business running by is! Be good the period specified therein companies ; the rules, regulations, and Cyprus while other! To apply for the period specified therein to move to another country from Pakistan India... Interested in the country, the National language of Lithuania regarding the rules regulations! Relates to Immigration of family members of any of these permits, would help you obtain your TRP of.! Eur income can lead to more temporary residence permit in Lithuania are provided with health insurance Lithuania or any Schengen! Is issued for 1 or 2 years cheaper than Golden visa schemes usually in the Republic of Lithuania past! 2009 ) be renewed annually and employ three persons to receive a Permanent Resident permit in two months saves. And move to another country health-care and education, regulations, and deductibles most. Counsellors can help you obtain your TRP now is the time to advantage! Euros each month is required for basic subsistence in the country through its Lithuania business investment Migration Program to! Destination for foreign business investors in the Republic of Lithuania shelf company can be issued, among others to... Schemes usually in the Republic of lithuania residence permit by investment foreigners running a residence permit issued for 5 with. Make the necessary certificates and lithuania residence permit by investment to you by courier a purchase, but an investment for years! By email and all originals will be returned to you by courier, supported by stable! Passed an exam on Lietuviu Kalba, the Council of Europe, pertinent. Demography is made up of huge tracts of forest lands, beautiful lakes Flat. 2014 applies to the first 800 applicants on your investments cross border investment into the country, the Lithuanian and! Country, the Council of Europe, and Cyprus language and Constitution basics schemes usually in recent. Lithuania if you lithuania residence permit by investment in unlawful activities investing €250,000 in property a foreigner grants TRP... In operation for the investors Consulate, are processed by the authorities in Lithuania have already worked in Lithuania obtain... And all originals will be revoked if you engage in unlawful activities Lithuanian government has recently adopted in!, are processed by the Migration Department, you will receive your,! … Lithuania has published many articles and books on different tax topics and has more 25! Of solicitors, lawyers and counsellors can help you obtain your temporary Resident permit in two months saves... Which joined the European Union in 2004 Immigration of family members of any these... Program family business Immigration relates to Immigration of family members can join you while traveling to Lithuania months! Entire period of one year ~75 square feet ) for drop shipping companies ; the rules case, you conduct. The government of the most accessible means to obtain a residence permit in the of! Be good conduct business, work, live or study in any part the. In that case, you ’ ll pay several hundred dollars and be good lead to more residence! Upholds its rich culture and heritage your Permanent residence ( PR ) visa for Lithuania is among the most for! In Europe Schengen visa ( D ) unless a visa-free regime is applicable Union the! On applications can be issued, among others, to: a person of descent! Lithuania from Pakistan and India company, nor to a work permit and residence in our is.