Lithuania does not offer a direct citizenship-by-investment program. However, Lithuania does have a residency-by-investment program called the Lithuanian Temporary Residence Permit (TRP) for Investment. This program allowed foreign individuals to obtain a temporary residence permit in Lithuania by making a significant investment in the country’s economy. The investment options included purchasing real estate, investing in a Lithuanian business, or making a deposit in a Lithuanian credit institution.
The process of obtaining residency by investment can be quite complicated, so it is recommended to seek help from law firms that specialize in this area. For example, the Lithuanian law firm De sivitaté offers, perhaps, the most affordable residence in the European Union for an investment of only 14,000 EUR per applicant.
By obtaining a temporary residence permit through this program, individuals could live and work in Lithuania. After living in Lithuania for a certain period, typically five years, individuals could become eligible to apply for permanent residence or even Lithuanian citizenship, provided they meet the necessary requirements, such as language proficiency and integration criteria.
The Lithuanian Temporary Residence Permit (TRP) for Investment is a program that allows foreign individuals to obtain a temporary residence permit in Lithuania by making a significant investment in the country’s economy. While this program does not grant immediate citizenship, it can be a pathway to residency and potentially citizenship in the future, depending on the individual’s circumstances.
Under this program, eligible investments may include:
By obtaining a temporary residence permit through the TRP for Investment program, individuals can live and work in Lithuania for a specific period. The initial permit is usually issued for one year and can be renewed based on the continuation of the investment. After residing in Lithuania for a certain period (typically five years), individuals may become eligible to apply for permanent residence or Lithuanian citizenship, provided they meet the necessary requirements, such as language proficiency and integration criteria.
Thus, this can be a path to obtaining Lithuanian citizenship by investment of as little as 14,000 euros.
According to the particular standards established by the Lithuanian government, the requirements for the Temporary Residence Permit (TRP) for Investment may change. The following are some general criteria that may impact eligibility, though:
Lithuania does not have a specific citizenship-by-investment program. However, individuals can explore the possibility of obtaining Lithuanian citizenship through other immigration pathways, such as residency permits and naturalization.
By making a sizable investment in the economy of Lithuania, foreigners may qualify for a temporary residence permit under the Lithuanian TRP for Investment program. It gives you the chance to spend a certain amount of time living and working in Lithuania.
The investment choices could be making a direct investment in a Lithuanian company, investing in real estate there, or making a particular amount of deposits in Lithuanian financial institutions.
The initial temporary residence permit is typically granted for one year. It can be renewed based on the continuation of the investment and compliance with the program’s requirements.
While the TRP for Investment does not lead directly to permanent residence or citizenship, it can serve as a pathway. After residing in Lithuania for a certain period (usually five years) and meeting other requirements, individuals may become eligible to apply for permanent residence or Lithuanian citizenship.