Many people from all over the world are considering such an opportunity as obtaining citizenship of the European Union through investment. Lithuania may be one of the best options for solving such a problem in terms of the amount of investment needed and the potential result.
Judge for yourself, to obtain a Lithuanian passport through investment, an investment of only 14,000 EUR is enough! What other EU country can offer such conditions?
OK, let’s be honest – there are some additional conditions for participation in such a program. But, you see, these are tempting conditions, and it is worth considering in more detail.
Lithuania: A Glimpse into the Baltic Jewel
Located in the heart of the Baltic region, Lithuania is not only an attractive country for doing business but also a comfortable place to live. From the charming medieval streets of Vilnius, the capital city, to the serene landscapes of Trakai’s castles, the country seamlessly marries its past with its present aspirations.
In recent years, Lithuania has shown good economic development rates. The country practically burst into the top ten countries in terms of ease of doing business. The Lithuanian passport is also at the top of the world passport rankings.
Known for its high-quality education system, Lithuania nurtures innovation and entrepreneurship, making it an attractive destination for investors seeking to align with the next wave of technological advancements.
With a strategic location at the crossroads of East and West, Lithuania is an EU member state that offers a stable economic environment. Its aggressive business environment and tech-savvy workforce have given it the nickname “Baltic Tiger.” The country’s dedication to sustainable development is seen in its renewable energy programs and forward-thinking urban design.
How to get Lithuanian Citizenship Through an Investment of 14000 Euros
There is a scheme whereby you can invest in a business in Lithuania from 14,000 euros and obtain a residence permit in the country. And not only for yourself, but also for your family members. Thus, you can move with the whole family with the prospect of obtaining EU citizenship. In general, the whole scheme looks like this.
- Acquisition of a business and investment in it of the required amount.
- Obtaining a visa and a temporary residence permit. For you and for your family.
- After five years of residence in Lithuania, you can exchange a temporary residence permit for a permanent residence permit.
- After another five years, you can apply for citizenship.
All this time you can live in Lithuania, use social and medical programs, your children сфт study at European universities. You can also travel to EU countries without a visa.
Ultimately, you have very real prospects of obtaining EU citizenship with very little investment.
Comparison of Lithuanian Citizenship by Investment Program to Other EU Programs
This Lithuanian citizenship by investment program is one of the most affordable citizenship by investment programs in the EU. The minimum investment requirement is only €14,000, which is significantly lower than the minimum investment requirements in other EU countries, such as Malta (€100,000), Portugal and Spain (€500,000), or Cyprus (€2 million).
To be honest, this amount of investment you will need if you will start the process with a partner. If you will start alone, it will be €28,000.
Another advantage of the Lithuanian citizenship by investment program is that it does not require applicants to learn the Lithuanian language or pass a citizenship test. This can be a major advantage for applicants who do not speak Lithuanian or who are not confident in their language skills.
However, there are also some disadvantages to the Lithuanian citizenship by investment program. One disadvantage is that this is not a government program, but a legally competent use of the features of the legislation..
Overall, the Lithuanian citizenship by investment program is a good option for investors who are looking for a relatively affordable and quick way to obtain EU citizenship. However, it is important to carefully consider all of the pros and cons of the program before making a decision.
Types of Businesses That Can Be Invested in for Lithuanian Citizenship by Investment Program
The Lithuanian citizenship by investment program allows investors to invest in small and medium-sized enterprises (SMEs) that are located in Lithuania. However, you can do business in the entire EU, the largest market in the world. The investment must be at least €14,000 and must create at least two new jobs.
The program is designed to promote economic development and job creation in Lithuania. By investing in SMEs, investors can help to create new businesses and opportunities for Lithuanian citizens.
Here are some examples of businesses that you can start or move to Lithuania by this program:
- Retail: This includes businesses that sell goods to consumers, such as clothing stores, grocery stores, and electronics stores.
- Food and beverage: This includes businesses that produce or sell food and beverages, such as restaurants, cafes, and bakeries.
- Construction: This includes businesses that build or renovate buildings, such as construction companies and engineering firms.
- Manufacturing: This includes businesses that produce goods, such as furniture, clothing, and electronics.
- Technology: This includes businesses that develop or provide technology services, such as software companies and IT consulting firms.
- Logistics: This includes businesses that transport goods, such as trucking companies and freight forwarders.
- Tourism: This includes businesses that provide travel and tourism services, such as hotels, tour operators, and travel agencies.
- Healthcare: This includes businesses that provide healthcare services, such as hospitals, clinics, and pharmacies.
- Education: This includes businesses that provide educational services, such as schools, colleges, and universities.
These are just a few examples, and there are many other types of businesses that can be considered SMEs.
Benefits of Lithuanian Citizenship for Investors from the Arabian, Middle East, or Far East
Lithuanian citizenship offers a number of benefits for investors from the Arabian, Middle East, or Far East, including:
- The right to live, work, and study in the EU: Lithuanian citizens have the right to live, work, and study in any EU country. This gives them the freedom to move and work anywhere in the European Union, which can be a great advantage for businesses and individuals.
- The right to travel visa-free to most countries in the world: Lithuanian citizens have visa-free or visa-on-arrival access to over 180 countries, including the United States, Canada, and most countries in Europe. This can make it easier to travel for business or pleasure.
- Access to EU social benefits: Lithuanian citizens are entitled to access EU social benefits, such as healthcare and education. This can be a significant financial benefit, especially for families with children.
- The ability to move their families to the EU: Lithuanian citizens can move their families to the EU. This can be a great way to give their children a better education and to provide them with more opportunities.
- The prestige of being an EU citizen: EU citizenship is considered to be a prestigious status, and it can open up doors in business and other areas.
Want to know more? Follow the link above and fill out the application.
Gaining Lithuanian citizenship through investment not only offers access to the EU’s vast market but also brings perks such as visa-free travel to numerous countries. It’s a route that aligns financial goals with the rewards of citizenship, allowing individuals to actively engage in Lithuania’s dynamic business environment while enjoying the privileges of European integration.