Upon completion, we will send you the approved document copies by email and all originals will be returned to you by courier. it is simple, cheap and guaranteed! Deutsche Bank suggests you should pay more tax! Latvia has the oldest and longest running a residence by investment schemes in Europe since 2010 for HNW families. We complete the procedures related to employment of a company manager in the Republic of Lithuania. We make the necessary arrangements to acquire an officially registered address in the Republic of Lithuania. The basis of this type of residence permit is a EUR 300,000 investment into Hungarian government bonds, sometimes also referred to as Hungarian residency bonds. one person) costs approximately 7.500 EUR; A company having two shareholders costs approximately 6500 EUR per shareholder; A company having three shareholders costs approximately 5500 EUR per shareholder. If your business has a few thousand dollars in profit, you’ll pay several hundred dollars and be good. A residence permit in Latvia based on investment in business is more suitable for those who wish to establish or develop their business in the countries of the European Union. — Permanent residence is a permanent residence permit (unconditional, tied neither to a company, nor to a work). With the approved documents, you are now able to apply to specific country embassies for a TRP. XIPHIAS Immigration, backed by a strong team of solicitors, lawyers and counsellors can help you achieve your dream of migrating to Lithuania. Passed an exam on the basics of the Constitution of the Republic of Lithuania. The first residence permit can be issued depending on the length of the investment, later it can be issued for 10 years. Very popular immigration option to Lithuania from Pakistan and India. It is highly recommended to buy real estate in Lithuania if you are interested in getting a long-term Visa to Europe. Portugal, fiscal hope in very uncertain days! In case that the financial requirement is too much for you, you can first get a residency by investment and apply for citizenship after a few years. Representative office in Lithuania; Residence Permits for Entrepreneurs Opening a Company; Residence Permits for Self-Employment Temporary residence permit. When receiving a residence permit, a state duty of 5% is paid. Additional requirements: time frames The Lithuanian residence permit can be issued for the first one year for the first time, renewed for 2 years and after that can be extended for the next 2 years several times. The opportunities are unlimited. Under this scheme, residence permit is issued for 5 years for the whole family, but it must be renewed annually. For the persons of Lithuanian origin and foreigners who have retained the right for the Lithuanian citizenship, temporary residence permit is granted for 5 years. What you should know: Unfortunately, the answer is no. Provide us with a copy of your Passport, address of where you live (not a post office box), your telephone number, and your email address. The main requirement – to establish company with 29000 euro of share capital and to employ 3 Lithuanian citizens or workers with permanent residence permit. Residence permit in Lithuania (EU) A residence permit legally certified by ID card, gives the right to reside, free entry and exit for the entire period of validity without a visa, use health insurance, mortgage. The visa confers a one-year renewable visa, allowing free travel throughout the Schengen Area. When you satisfy these requirements, you will be receiving the Temporary Residence Permit which would be valid for one year extendable for 2 more years. No requirements for education diploma, police clearance certificate, employment of local Lithuanian citizens, no restrictions for nationalities. By investing €250,000 into real estate you will get a luxury property with high-end finishes and you’ll be eligible to apply for Latvia Temporary Residence. Lithuanian business residency Lithuania gives opportunities to immigrate to all businessmen, who are able to establish business on its' territory by issuing a Lithuanian residence permit based on business to any EU third-country national. The government of the Republic of Lithuania for a foreigner grants a Permanent Resident Permit from a non-European Union country having a Temporary Residence Permit in the Republic of Lithuania for a continuous five-year period. The permit for a temporary residence in our country is issued to non-EU citizens. In any such undesired cases, not only yours, but also all the family members’ Permanent Residence Permits would be revoked if they happen to be the citizens of a non-Schengen state. BREAKING NEWS: Europe wants to tax data exchange on bitcoins! The Law of Ukraine On Immigration clearly provides the possibility of obtaining a permanent residency in Ukraine on the basis of making an investment of at least 100,000 U.S. dollars or their equivalent into the economy of Ukraine. He has published many articles and books on different tax topics and has more than 25 years’ experience. Temporary residence permit. Prepare the mandatory documents for issuing the TRP in Lithuania; Provide professional assistance and support for you to buy or sell real estate in the Republic of Lithuania; and. A foreign person who is not a citizen of the 28 member states of the European Union (EU) migrating for the following reasons: Terms and Conditions for Obtaining a Temporary Residence Permit. XIPHIAS Immigration a pioneer in the field for more than a decade’s experience with certified Investment Immigrant specialists’ team, is your best bet to help you invest and relocate to Lithuania. However, it might be issued for a shorter period. Period of preparation of documents and registration of a JSC is 5 -7 weekdays. Applicants may choose from one of the following options: The purchase of real estate of EUR 250,000, plus a one-time payment of 5% of the purchase price to the state budget European But Not EU Member States’ Residency by Investment Programs There is also the possibility for foreign investors to apply for a residence permit for Lithuania based on a … cost of the company forming and the taxes for the first year: EUR 20,000. — Residence permit is a temporary residence permit; it is to be extended on the basis of an operating company and a professional card. In addition there is a government processing fee of €25,000 or 5% of the property value. You should invest the minimum recommended amount into the equity of such an organization, In your organization, there should be local Lithuanians employed and they should be withdrawing a salary equivalent to the salaries of the other similar job holders in Lithuania. If you’re just starting out, this wouldn’t be a bad way to go in order to get residency in the European Union (and the potential of a Lithuanian passport in the future). In that case, you can apply for a short-term Visa to Lithuania or any other Schengen country and enter Lithuania to buy property. RESIDENCE PERMIT We offers useful advice and high quality legal support for obtaining temporal residence permit in Latvia through investments. However, if a foreign person invests more than 260.000 EUR into a company in Certificates of completing exams for the Lithuanian language and Constitution basics. Lithuania is among the most accessible for relocation countries of the European Union. Acquisition of a residence permit based on the purchase of real estate (immovable property) is one of the most popular investment-based methods for obtaining a Latvian residence permit. XIPHIAS Immigration Group offers the following services for you to get a TRP in Lithuania: If you have a health insurance policy, submit a copy of the policy that should show coverage to a minimum of 579,240 Euros. Passed an exam on Lietuviu Kalba, the national language of Lithuania. The shelf companies are usually completely prepared for transferring: they have 3 employed Lithuanian residents, fully paid equity capital and other necessary taxes. Lithuania is a member of NATO, the Council of Europe, and the European Union. We provide consultation related to tax policies and financial obligations to encompass managing a company and its employment in the Republic of Lithuania. However, if a foreign person invests more than 260.000 EUR into a company in Lithuania and employs at least 5 Lithuanian residents, he/she can receive an initial residence permit for 3 years. For getting residence permit in Lithuania, the foreigner should open the company and only after 6 months can apply for residence permit in Lithuania. The application process is easy and quite straightforward completed within 3 months and saves a lot of hassle on the long run. A proper residential apartment, either owned or leased, should be available for the applicant. You may learn the benefits of a European residency including free movement in Europe, access to health-care and education. Temporary residence permit is usually issued for 1 or 2 years. The amount of investment is rather big, but the plus will be the opportunity to take out a … Due to the country’s key business advantages, such as convenient geographical location, low corporate tax rates, highly educated population, developed logistics, and labor costs that are four times lower than the EU average, an increasing number of foreign investors choose Lithuania for outsourcing their businesses. Temporary residence permit is usually issued for 1 or 2 years. The Lithuanian temporary residence permit is issued to non-EU citizens for a period of 1 year, while the permanent residence permit has a 5-year validity period. When receiving a residence permit, a state duty of 5% is paid. Lithuania invites enthusiastic high net worth individuals who are looking for cross border investment into the country through its Lithuania Business Investment Migration Program. What you should know: Unfortunately, the answer is no. The applicant must have stayed in the Republic of Lithuania for five years in a row with the following: We offer the following services for acquiring a Permanent Residence Permit in the Republic of Lithuania: The application for a Permanent Residence Permit is processed and issued within six months. The applications, submitted at Lithuanian Embassy or Consulate, are processed by the Migration Department in Lithuania. Belgium. While Latvia requires that your business generate tens of thousands of dollars in taxes every year to keep your residence permit active, Lithuania is much more flexible. After the expiration of the one-year residence permit, the investor can extend the permit every two years if all of the aforementioned requirements are met. The company will pay a foreign person in the Republic of Lithuania the minimum subsistence amount of 300 Euros each month so that the annual income will be a minimum of 3,600 Euros. If you intend to stay in Lithuania for a period longer than 6 months, you must apply for a residence permit and not for an entry permit (visa). Temporary residence permit The government’s officials expect the Seimas to consider the amendments to the Laws on Investment and Employment during its spring session. PRP – Permanent residence Ukraine is a document that certifies a foreigner identity and gives the right to reside legally on the territory of Ukraine, freely (without a visa) to enter and leave the country, as well as to work in Ukraine without issuing a permit, during the whole period its actions. It is a small nation which still upholds its rich culture and heritage. It is possible to receive residence permit for up to 5 … Fees structure: Package price: 800 USD. This initial phase is very important both for acquisition of the citizenship of Lithuania (its reinstatement, granting according to the simplified procedure etc.) He is also a winner of the Willoughby Memorial Prize (St Jezus College Oxford, 2009). You have a Permanent Resident Permit (PRP) in the Republic of Lithuania. The immigration programme INVESTMENT I includes: legal consulting, support in obtaining a Residence Permit from the beginning to the end of the process, preparation of the required documents, preparation of inquiries, arrangement of translation and notarization of documents, presentation of the alien at institutions of Lithuania, accompanying of the alien on submission of the documents to the Migration Service … What is a temporary residence permit in the Republic of Lithuania. Therefore, one should have a consistent bank account balance for subsistence for five years, although a regular income is highly preferred. According to the amendments, EU citizen's registration certificates, permanent residence cards and residence permits of a family member of a EU citizen issued in Latvia to UK citizens and their family members will be valid until the end of the period of validity indicated therein, but not later than June 30 this year. Faster issue of residence permits. What is a temporary residence permit in the Republic of Lithuania. VAT (EU) for drop shipping companies; The rules! Residence permit in Lithuania. Lithuania eases residency rules for foreign investors Jan 25 2017 Amendments to Lithuania‘s residency law have come into force from 1st January, making life much easier for foreigners who have invested or plan to invest in Lithuania. Also, at any time the investor can be requested to provide evidence that the business running by him/her is not fictitious. Obtaining any of these permits, would help you travel visa free in the whole of European Union and the Schengen Area. The immigrant is required to first avail the temporary residence visa to immigrate to this part of the world. Your organization should have been up and running by at least 6 months before you apply for the Residency there. It is not easy to obtain and retain a Permanent Residence Permit in Lithuania and other Schengen states even if you have a French Visa, Swiss Visa, or any European national Visa. The easiest way to acquire a residence permit in Lithuania is via business immigration – it is a registration of a company and receipt of a one-year residence permit with a possibility to prolong it and receive a permanent residence in the future. Non-EU citizens wishing to reside in Lithuania must receive a permit.Permits shall grant a right for temporary or permanent residence in Lithuania. We give you a step-by-step description of the process and how to pay less money. Such a residence permit can be extended every 3 years. Lithuania Investment Immigration Programs Overview. Are you a remote worker? The amendment entered into force on the 1st of November 2014. Residence Permit for Businessmen for those who want to start a business or purchase a business or buy a share of a business based in Lithuania, Immigration Program Investment 1- this program is for immigration of business representatives to Lithuania, Immigration Program for Representative office/Branch/Daughter Company- relates to immigration of a head or representative for a branch or a daughter company. The average amount of a monthly social security contribution in Lithuania is approximately 160 EUR for one person; Investing a share capital of 28.000 EUR into the Lithuanian company; At least 14.000 EUR of the share capital should be investor’s own capital; The investor should have a leading position in the Lithuanian company; The investor is requested to prove having a place of residence (an apartment or a house) in Lithuania that meets hygienic requirements (e.g., minimum 7 m. A company having a sole shareholder (i.e. Lithuanian Temporary Residence Permit is the document, issued to a citizen of the non-EU country, which gives you opportunities to immigrate, live and work in Lithuania and Schengen area countries, during the entire time of the document validity. You must live in the Republic of Lithuania without interruption for 5 years with a temporary residence permit. What Is a Temporary Residence Permit in Lithuania? Upon investing in the equity capital of one capital company, a temporary residence permit shall be issued to no more than 10 foreigners, if each of them has made the aforementioned investment. A foreign person holding a European Visa can own residential properties in the Republic of Lithuania or opt to lease any residential apartments by registering with the State Enterprise Center of Registers. It is valid for five years where the holder gets a permanent resident status. Lithuania Business Investment Migration Visa. The permit for a temporary residence in our country is issued to non-EU citizens. We have all the expertise to prepare your application and advice you before and after you come to Lithuania on how to accomplish the conditions put forth by the Lithuania Authorities. A residence permit is a document providing a foreigner the rights to reside in the Republic of Latvia for a definite period of time (a temporary residence permit) or permanently (a permanent residence permit). While Latvia requires that your business generate tens of thousands of dollars in taxes every year to keep your residence permit active, Lithuania is much more flexible. After the expiry of the residence permit, you can legally obtain a permanent residence permit … The company shall establish three working places allowing Lithuanian citizens or foreigners holding a Permanent Residence Permit in the Republic of Lithuania to work at the company. Lithuania Residence Permit by Investment VISA Program allows the immigrants to aquire both a Temporary Resident Permit (TRP) and Permanent Resident Permit (PRP) in Lithuania. Lithuania. A temporary residence permit is document entitling an alien to a temporary residence in the Republic of Lithuania for the period specified therein. Investors can gain a five year residency permit by investing €250,000 in property. No catches, no risks – the Hungarian government guarantees your money is safe. If you do not have a valid Visa, provide a Lithuanian Residence Permit for submission to the Lithuanian Migration Law Services. Make available legal guidance and counseling services for purchasing or selling real estate. What are the Services Provided by XIPHIAS Immigration Group? Latvia provides the cheapest investment option to immigrate to Europe. A Schengen visa (C) or a National visa (D) unless a visa-free regime is applicable. Benefits of Latvia Golden visa You and your family do not have to live in Europe prior to applying for Latvia residence permit. The Law of Ukraine On Immigration clearly provides the possibility of obtaining a permanent residency in Ukraine on the basis of making an investment of at least 100,000 U.S. dollars or their equivalent into the economy of Ukraine. XIPHIAS Immigration helps you and guide you in every way to fulfill your dreams to settle in Lithuania. The government of the Republic of Lithuania for a foreigner grants a TRP from a non-European Union country. Phone: +32 (0) 32041946, H-Toren, Zuidplein 36, 1077 XV Amsterdam. Do you want a tax friendly estate planning? Why is drop shipping ideal for digital nomads? After applying for a Work Permit, you will receive your Work Permit in two months and it is valid for one year. You will get an easy to understand overview and all details of getting a Latvian residence permit by investing 50,000 euro in a Latvian company. In order to improve the business environment in the country, the Lithuanian government has recently adopted changes in the Lithuanian immigration Law. With this Visa you can conduct business, work, live or study in any part of the Schengen Area. In order to obtain temporary residence permit in Lithuania, the investment must fulfil following conditions: a … The decisions on applications can be taken within 2 months on average. You have already worked in Lithuania for over a year. The property rights of such a shelf company can be transferred to the investor at any time. If you are appointed as the manager of a company that is registered in the Republic of Lithuania your compulsory health insurance will be provided because 9% is automatically deducted for insurance from every employee’s salary who works in Lithuania. A temporary residence permit is a document granting an foreigner the rights to reside in the Republic of Lithuania for an indicated period of time, specified in the permit. Residence permit in Lithuania (EU) A residence permit legally certified by ID card, gives the right to reside, free entry and exit for the entire period of validity without a visa, use health insurance, mortgage. We will take the original documents and copies to all required State agencies. 2 1000 Sofia, Bulgaria Phone: 00359 888 460 610, Quellinstraat 49, B-2000 Antwerp. Studying in any institution in the Republic of Lithuania; Living with your family in the Republic of Lithuania; Pursuing any legal activities in the Republic of Lithuania; and/or. This beautiful country is a welcome change. A temporary residence permit may be issued or replaced to an alien if: 1) the alien has retained the right to citizenship of the Republic of Lithuania in accordance with the procedure laid down by the Law on Citizenship; 2) the alien is a person of Lithuanian descent; We assist you to purchase or sell apartments in the Republic of Lithuania. Furthermore, in order to be entitled to a residence permit, the investor is requested to physically reside in Lithuania for not less than 6 months per year. The following procedures are initiated for you to get a Temporary Residence Permit (TRP) for one year that can later be extended to one more year or up to five years. The company must be established and in operation for the past six months before the date of application for a TRP in Lithuania. Documents proving Temporary Residence Permit Lithuania for five consecutive years. The first residence permit can be issued depending on the length of the investment, later it can be issued for 10 years. Residence permit in Latvia based on real estate. Latvia is a baltic schengen member country which joined the European Union in 2004. After the expiry of the residence permit, you can legally obtain a permanent residence permit … Latvia introduced its golden visa programmein 2010. 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