Best Golden Visa Lawyers in Telšiai

About Golden Visa Law in Telšiai, Republic of Lithuania

The Golden Visa program in the Republic of Lithuania allows non-EU nationals to obtain residency rights through investment. Although Lithuania does not operate a formal "Golden Visa" program in the same way as some other European countries, it offers several residence permits based on investment, business activity, or significant economic benefit to the country. In Telšiai, a regional center in western Lithuania, these opportunities are increasingly relevant for investors, entrepreneurs, and those seeking long-term residency in a safe and growing region of the European Union. The local implementation reflects national immigration and investment regulations while also considering regional development priorities.

Why You May Need a Lawyer

Pursuing residency through investment in Telšiai can involve complex legal requirements. Common situations where legal help may be necessary include:

• Interpreting frequently changing immigration and investment regulations
• Assisting with the preparation of required documents for business establishment or investment
• Ensuring compliance with local tax obligations and corporate law
• Navigating property or real estate purchases for residency purposes
• Challenging visa refusal or appeal decisions
• Handling potential language barriers and communication with local authorities
• Addressing family reunion rights or including dependents in applications
• Mitigating risks of application rejection due to documentation errors

An experienced immigration or investment lawyer can increase your chances of a successful application, reduce the risk of legal complications, and provide peace of mind throughout the process.

Local Laws Overview

Key aspects of laws relevant to Golden Visa-type residency in Telšiai and throughout Lithuania include:

• Temporary and permanent residency: Lithuania offers temporary residence permits for up to five years, renewable, often based on investment, company formation, or employment. After five years of legal residency, applicants may qualify for permanent residency.
• Investment requirements: There is no exact Golden Visa threshold, but residence permits are commonly granted to those who establish a company with a certain minimum share capital, create jobs, or invest in businesses that benefit the Lithuanian economy.
• Property purchase: Unlike some countries, buying real estate alone does not automatically grant residency rights, but it can be part of a broader investment strategy.
• Business requirements: For business-based residence permits, the company often must be active, employ Lithuanian residents, and demonstrate ongoing economic activity.
• Application process: Applications are usually submitted to the Migration Department or local municipal offices, possibly via Lithuanian consulates if applying from abroad.
• Due diligence: Background checks on the source of investment funds and the applicant's criminal record are standard procedures.
• Taxation: Residency can affect your global tax obligations. Consulting with legal counsel on tax implications is important before initiating an application.

Frequently Asked Questions

What is a Golden Visa in Lithuania?

Lithuania does not have a traditional Golden Visa program, but it offers residence permits to non-EU nationals who invest, start businesses, or contribute significant value to the country's economy.

Can I get a Lithuanian residence permit by starting a company in Telšiai?

Yes. If you establish a legal entity that meets the required share capital and employment thresholds, you may be eligible for a residence permit.

Is property purchase enough to obtain residency?

No. Simply buying real estate does not grant automatic residency. Permits are generally linked to business investment or economic contributions.

How much must I invest to qualify for a residence permit?

The minimum share capital for a business that can sponsor your residency is typically 28,000 euros, with certain requirements for business activity and employment of local staff.

Can I bring my family with me?

Yes. Immediate family members such as your spouse and minor children can often be included under family reunification procedures.

How long does the residence permit process take?

Processing times can vary but typically range from two to five months once a complete application is submitted.

Will my Lithuanian residence permit allow me to travel in the EU?

Yes. A valid Lithuanian residence permit allows you to travel for up to 90 days within the Schengen Zone without a separate visa.

Can my permit be revoked?

Yes. Permits may be revoked for non-compliance with business activity, criminal activity, or false statements in your application.

Do I have to speak Lithuanian?

There is no language requirement for temporary residency, but permanent residency applications require some Lithuanian language proficiency.

Should I use a lawyer for my Golden Visa application?

Legal guidance is highly recommended due to the complexity of laws, risk of document errors, and importance of local compliance.

Additional Resources

• Migration Department under the Ministry of the Interior of the Republic of Lithuania - primary government body for residency matters
• Telšiai District Municipality Office - supports regional investment and residency issues
• Invest Lithuania - national agency providing investment guidance and support
• Lithuanian Bar Association - for finding qualified immigration and business lawyers
• State Tax Inspectorate - for tax guidance relevant to foreign investors and residents

Next Steps

If you are considering applying for a residence permit through investment in Telšiai, it is advisable to consult with a qualified Lithuanian immigration or business lawyer. Begin by gathering all relevant documents, determining the nature and scale of your intended investment or business activity, and reaching out to professional advisors with experience in this area. Legal experts can assess your eligibility, help prepare the application, and communicate with local authorities on your behalf. Taking these steps early can simplify the process and increase your likelihood of a successful outcome.