Residence Permit in Lithuania

In this article, the specialists of Company in Lithuania UAB will describe in detail the procedure for applying for a temporary residence permit in Lithuania for third-country citizens in the question-answer format.

You have the right to apply for a temporary residence permit in Lithuania if you are a member and manager or shareholder of a company registered in the Republic of Lithuania

I am a member of a company that, at least for the last 6 months before applying for a residence permit in accordance with the business plan, carries out the activities specified in the constituent documents in the Republic of Lithuania, where regular citizens of the Republic of Lithuania, another EU Member State or EFTA member State, or foreigners permanently residing in the Republic of Lithuania, whose monthly salary paid in aggregate amounts to at least 2 average monthly salaries of employees of the national economy for the last quarter announced by the Department of Statistics of Lithuania (including salary data of individual enterprises), and the cost of equity (not in the case of JSC, and not CJSC assets) is at least 28,000 euros, of which at least 14,000 euros are funds or other assets invested by me, and I am the head of this company or a shareholder of a joint–stock company or a joint-stock company for which the nominal value of the company’s shares owned by the right of ownership is at least 1/3 of the authorized capital of this company.

What are the requirements for the company and for me if I want to get a temporary residence permit?

Requirements for the company:

• A business plan according to which activities are carried out for at least 6 months.
• Citizens of Lithuania, another EU or EFTA member state, or foreigners permanently residing in the Republic of Lithuania, whose gross monthly salary is not less than 2 average monthly salaries of employees of the national economy for the last quarter announced by the Lithuanian Statistics Department, work full-time.
• The cost of equity is at least 28,000 euros.
• In the Republic of Lithuania, the activity is carried out for at least 6 months in accordance with the business plan.

Requirements for the applicant:

• You must be the head of the company or a shareholder of JSC or CJSC and own at least 1/3 of the authorized capital of the company.
• In the case of JSC or CJSC, you must own shares of the company with a nominal value of at least 14 thousand euros, and in the case of IĮ (individual enterprise), MV (small community) or TŪB (real economic community), the contribution (cash or other property) to the company or society must be at least 14 thousand euros.

1. I am the head of a company registered in the Republic of Lithuania and I intend to work in this company

I am the head of a company that, at least for the last 6 months prior to my application for a residence permit, in accordance with the business plan, has been engaged in the activities specified in the constituent documents in the Republic of Lithuania, on the territory of which citizens of the Republic of Lithuania, other EU Member States or EFTA member states, or foreigners permanently residing in the Republic of Lithuania, whose gross monthly salary is not less than 2 average monthly salaries of employees of the national economy for the last quarter announced by the Department of Statistics of Lithuania (including salary data of individual enterprises), work full–time, and whose own capital (assets – not in the case of JSC, and not CJSC) is at least 28,000 euros, and the purpose of my arrival is to work in this company.

What are the requirements for the company and for me if I want to get a temporary residence permit?

Requirements for the company:

• A business plan according to which activities are carried out for at least 6 months;
• Citizens of Lithuania, another EU or EFTA member state, or foreigners permanently residing in the Republic of Lithuania, whose gross monthly salary is not less than 2 average monthly salaries of employees of the national economy for the last quarter announced by the Lithuanian Statistics Department, work full-time
• The cost of equity is at least 28,000 euros
• In the Republic of Lithuania, the activity is carried out for at least 6 months in accordance with the business plan

Requirements for me:

• You must be the head of the company;
• You need to confirm that the purpose of your arrival is to work in the company.

2. I am a member of a company registered in the Republic of Latvia, a shareholder who has invested at least 260, 000 euros in the company’s equity (assets), and a manager or shareholder

I am a member of a company that, at least during the last 6 months before applying for a residence permit, carries out activities in the Republic of Lithuania specified in the constituent documents, where at least five jobs have been created and citizens of the Republic of Lithuania, another EU Member State or EFTA member States or foreigners, permanently residing in the Republic of Lithuania, are full–time employees and in whose capital (not in the case of JSC and CJSC – assets) I have invested at least 260, 000 euros, and I am the head of the company or a shareholder of a joint-stock company or a joint-stock company, owning by right of ownership shares of the company with a nominal value of at least 1/3 of the authorized capital of this company.

What are the requirements for the company and for me if I want to get a temporary residence permit?

Requirements for the company:

• The company’s activities in the Republic of Lithuania are carried out for at least 6 months;
• At least five jobs have been created, and citizens of the Republic of Lithuania, other EU member States or EFTA member states, or foreigners permanently residing in the Republic of Lithuania work full–time in the company;

Requirements for me:

• You must be the head of the company or a shareholder of a joint stock company or a joint stock company with at least 1/3 of the authorized capital of the company;
• In the case of AB or UAB, you must own shares of the company with a nominal value of at least 260, 000 euros, and in the case of IĮ (individual enterprise), MB (small community) or TŪB (real economic community) – a contribution (cash or other property) to the company or society of at least 260, 000 euros.