Skip to main content

Lithuania Startup Visa

Lithuania LTU

Last verified 2024-09-01Official source

Lithuania's Startup Visa is designed for innovative entrepreneurs and startup founders who wish to build scalable, technology-driven businesses from within the EU. The application is assessed by Startup Lithuania, which evaluates the novelty, scalability, and commercial potential of the proposed venture; approved applicants receive a one-year permit that is renewable as long as the business continues to develop. After five years of continuous legal residence, startup visa holders may apply for permanent residency, with Lithuanian (and therefore EU) citizenship accessible after a further period.

Program Details

Category
Entrepreneur
Processing Time
2 months
Application Fee
$135
Minimum Income
N/A
Minimum Investment
N/A
Family Included
Spouse and dependent children may apply for a temporary residence permit for family reunification alongside the primary startup visa holder
Path to PR
Yes — 5 years
Path to Citizenship
Yes — 10 years
Physical Presence
Must reside in Lithuania and actively develop the business; extended absences can affect permit renewal and the qualifying period for permanent residency
Dual Citizenship
Not allowed
Tax Impact
Holders who establish tax residency in Lithuania are subject to Lithuanian income tax on worldwide income. Lithuania's progressive income tax rates top out at 32%. Standard EU double taxation treaties apply.
Renewal Cost
$135

No fixed personal income minimum; applicants must demonstrate sufficient funds to support themselves and operate the business. A viable startup idea and business plan are the primary evaluation criteria.

Key Requirements

  • Innovative startup idea or an already registered company in Lithuania
  • Business plan demonstrating scalability, innovation, and commercial viability
  • Evaluation and positive assessment by Startup Lithuania or a designated expert committee
  • Proof of sufficient financial resources to support the applicant during the initial period
  • Valid passport
  • Clean criminal record
  • Health insurance valid in Lithuania

Nationality Restrictions

This program restricts applications from nationals of: EU/EEA and Swiss nationals do not require this visa, Applicants must have their startup idea evaluated and approved by Startup Lithuania or a designated expert committee

startupentrepreneurinnovationtecheuropeschengeneu