Lithuania Investment Immigration
Lithuania investment immigration allows for an individual to gain permanent residence status by investing a set amount of money into the country the individual seeks residency in. Typically, the investment is in monetary form and must be funded into a pre-approved project of the country the applicant seeks residency in. The investment must also be beneficial to the economy’s growth.
Why Immigrate to Lithuania
Lithuania is emerging as an ideal destination for foreign investors to immigrate to, particularly due to its attractive geographical location and gateway to Europe. Other reasons include its stable economic environment and EU member status. Lithuania has a very low cost of living and good standards of education and health care. It boasts an excellent infrastructure to set up and develop businesses in, and is strategically situated to enable strong European and International business relations.
Residency by Investment
Lithuania allows for foreign nationals to apply for permanent residency where they are able and willing to invest money into the country for the benefit of the economy. Despite the country not adopting a specific investment immigration program, Lithuania’s immigration laws provide regulatory means by which a foreign national can obtain Lithuanian citizenship as a result of a large monetary investment.
The main requirements for an applicant to seek residency through investment:
- The investment must create new job opportunities in Lithuania
- The investment must support the growth and development of Lithuania’s economy
- There is no prerequisite set amount of investment that is required from the applicant; however the investment must achieve the above mentioned two points.
Revocation of a Lithuania Residence Permit
- Where the permit holder has obtained the permit by means of fraud
- Where the permit holder is a threat to state security or public policy
- Where the permit holder resides in a non-EU member state for a period of 12 months consecutively
Documents required in application of a Residence Permit in Lithuania include:
- Completed application form
- Valid passport
- 2 x passport photos
- Documents detailing your intent to reside in Lithuania
- Documentation evidencing you have sufficient funds to support your living expenses while residing in Lithuania
- Certified health insurance policy
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