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RESIDENCY IN LITHUANIA

2024-12-12

Lithuania, although still underestimated as a place to do business abroad, is becoming an increasingly attractive alternative for entrepreneurs interested in doing business in another country. For several years now, Lithuania has been climbing in rankings such as Doing Business (ranked 11th in the world in 2020) or in quality of life rankings such as Numbeo (ranked 19th out of 83 countries). This foreign investor-friendly country is encouraging people to have a residence in Lithuania and to develop their business in this jurisdiction.

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Why is it worth having residency in Lithuania?

If you are considering relocating your business to Lithuania, you should also consider having your residency in Lithuania. Thanks to the free movement of people, having residency in a country other than your home country can be beneficial due to a number of facilitations for running a business in another country. If you are relocating your business, residency in Lithuania can make it easier for you to open a business or private bank account, facilitate contact with authorities (for whom, as a Lithuanian resident, you will be placed on an equal footing with Lithuanian citizens), and allow you to take up employment or access Lithuanian administrative or social systems.

Thanks to your residency in Lithuania, you can be issued Lithuanian identity documents such as a driver’s licence or a local ID card – the equivalent of a Polish ID card, and thus facilitate your contact with Lithuanian authorities, for whom you will be a citizen just like natives.

To obtain residency in Lithuania, you do not need special permits, documents or a work visa. By obtaining the status of a Lithuanian resident, you will gain access to the Lithuanian insurance and health care systems, as well as to Lithuanian banking. Residency in Lithuania significantly increases your possibilities of opening a personal and business bank account in Lithuania.

As a country that is constantly developing its e-government systems, Lithuania is soon planning to launch the Lithuanian e-residency programme, i.e., a certified qualified signature that will further facilitate the remote handling of administrative matters within the country.

Choose a residency in Lithuania

E-RESIDENCY
RESIDENCY
RESIDENCY
RESIDENCY
ELECTRONIC SIGNATURE
IDENTIFICATION DOCUMENT

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RESIDENCE REGISTRATION DOCUMENT

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BANK ACCOUNT FOR RESIDENTS

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POSSIBILITY OF TAKING UP EMPLOYMENT

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LOCAL DRIVER'S LICENSE

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TAX SETTLEMENTS

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NECESSITY TO STAY FOR A CERTAIN PERIOD OF TIME

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    Our assistance in obtaining residency in Lithuania

    • comprehensive assistance in obtaining the status of resident
    • completion of all necessary formalities on behalf of the client
    • representation before the necessary authorities
    • assistance in obtaining registration of place of residence
    • completion of formalities required to obtain identification documents

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