Best Residence by Investment Lawyers in Utena

Share your needs with us, get contacted by law firms.

Free. Takes 2 min.

We haven't listed any Residence by Investment lawyers in Utena, Republic of Lithuania yet...

But you can share your requirements with us, and we will help you find the right lawyer for your needs in Utena

Find a Lawyer in Utena
AS SEEN ON

About Residence by Investment Law in Utena, Republic of Lithuania

Residence by investment in the Republic of Lithuania is not a traditional golden visa program. Lithuania does not grant residence solely for purchasing real estate or making a passive financial contribution. Instead, Lithuanian law offers temporary residence permits to third-country nationals who actively engage in lawful economic activities, such as establishing and managing a company, investing in and running a business that is economically significant, or developing an innovative startup. These routes are available across the country, including in Utena, and are regulated at the national level under the Law on the Legal Status of Aliens of the Republic of Lithuania.

Successful applicants receive a temporary residence permit that allows them to live in Lithuania, manage their business, and travel within the Schengen Area for short stays. The permit is usually issued for a limited term and can be renewed if the applicant continues to meet the legal criteria. After a qualifying period of lawful residence, it may be possible to seek a long-term resident permit or, later, citizenship, subject to additional requirements.

Why You May Need a Lawyer

Applicants and investors often need legal assistance because Lithuanian residence routes based on business or investment require careful planning and strict compliance with migration, corporate, tax, and labor rules. A lawyer can help identify the most suitable residence ground, whether it is company ownership and management, an innovative startup, or another permitted form of economic activity. They can also verify whether your planned investment will meet national criteria for economic significance and genuine activity.

Legal support is especially valuable when incorporating a company, drafting shareholder and management agreements, ensuring that corporate governance documents meet local requirements, and navigating anti-money laundering checks and source of funds verification. If you plan to hire staff, counsel can help align contracts and payroll with Lithuanian labor and social insurance laws.

In case of document deficiencies, interview requests, or additional evidence requirements from the Migration Department, a lawyer can prepare responses and represent you during the process. If an application is refused or delayed, legal counsel can assess the reasons, pursue remedies, and file appeals when appropriate.

Local Laws Overview

Residence by investment in Lithuania is primarily governed by the Law on the Legal Status of Aliens and its implementing regulations. These rules define who can obtain a temporary residence permit through economic activity, business management or ownership, or participation in an innovative startup recognized by competent authorities. The Migration Department under the Ministry of the Interior is the main decision maker, and applications are lodged via the national migration system with biometrics provided at regional migration divisions, including in the Utena area.

Corporate law and company formation are regulated by the Civil Code and the Law on Companies. Most investors use a private limited liability company legal form. Company incorporation, share registration, and changes to directors or articles of association are registered with the Centre of Registers. Genuine business activity is essential. Authorities assess whether the company is active, financially viable, and compliant with tax and employment obligations, rather than merely created to obtain residence.

Tax compliance is overseen by the State Tax Inspectorate. Corporate and personal tax rules may affect whether your business structure is efficient and how you are taxed in Lithuania. Social insurance registration with the State Social Insurance Fund Board is required when employing staff. Employment contracts must meet Lithuanian labor law standards and minimum conditions. Real estate laws apply if you lease or acquire premises for your business, but real estate purchase alone does not grant residence rights.

Anti-money laundering and source of funds checks are robust. Banks and notaries may request detailed documentation on the origin of funds, ultimate beneficial owners, and the intended nature of business operations. Sanctions screening and sector-specific restrictions may apply to certain nationalities, industries, or transactions, and these are enforced throughout the country, including Utena.

Utena is a regional hub with manufacturing, agrifood, wood processing, logistics, and tourism activity. Local municipal rules can affect business locations, zoning, environmental permits, and signage. While residence criteria are national, operating a business in Utena means complying with municipal requirements, utility contracts, and local public health or safety standards where applicable.

Frequently Asked Questions

Does Lithuania have a golden visa program?

No. Lithuania does not grant residence solely through passive investment or real estate purchase. Residence is available for third-country nationals who engage in genuine economic activity, manage or own a company that meets statutory criteria, or build an innovative startup that passes eligibility checks.

Can I get residence by buying real estate in Utena?

No. Real estate ownership in Lithuania, including in Utena, does not by itself provide a ground for a residence permit. Property may support your case if it is related to a real business, such as premises for your company, but it is not an independent residence route.

What qualifies as investment for residence purposes?

Generally, investment refers to establishing or acquiring and actively managing a Lithuanian company, capitalizing it appropriately, operating it in a real and continuous manner, and meeting economic significance criteria set by law. For innovative startups, the investment is tied to developing a product or technology recognized by relevant authorities and meeting program criteria. The focus is on genuine, transparent, and compliant business activity rather than passive holding.

Is there a minimum investment amount?

There is no single universal amount for all cases. The Migration Department assesses multiple factors, including company capitalization, turnover, staffing, and real operations. Thresholds and conditions can change, and they can differ by route. A lawyer can evaluate the current rules and advise on the capital and operational benchmarks most relevant to your situation.

How long is a temporary residence permit valid and can it be renewed?

Temporary residence permits based on business or investment are typically issued for a limited term, often 1 to 3 years depending on the legal ground and individual circumstances. They can be renewed if you continue to meet the criteria, maintain compliant operations, and submit required evidence on time.

Can my family join me in Lithuania?

Yes. Spouses and minor children can usually apply for residence under family reunification after the principal applicant has a valid residence permit and meets specific conditions. Processing times and documentation requirements apply, and proof of sufficient income, accommodation, and health insurance is typically required.

How long does the application process take?

Timeframes vary based on the route, the completeness of your file, background checks, and whether you use standard or priority processing. It is prudent to plan for several months from preparation to decision. Early document collection and thorough compliance can reduce delays.

Will I be allowed to work in other EU countries with a Lithuanian residence permit?

No. A Lithuanian temporary residence permit allows you to live and work in Lithuania. It also allows visa-free short stays in the Schengen Area, generally up to 90 days in any 180-day period, but it does not grant a right to work in other EU member states.

What are the tax implications of living and investing in Utena?

Tax treatment depends on your personal residency status, income sources, and company structure. Lithuania applies corporate income tax and personal income tax, and social insurance contributions may apply to salaries. Double tax treaties may reduce cross-border tax exposure. You should obtain tailored tax advice before investing or relocating.

Can I later obtain permanent residence or citizenship?

After a qualifying period of continuous lawful residence and if you meet integration and other legal criteria, you may be eligible for a long-term resident permit. Citizenship has separate and stricter requirements, including language and other conditions, and Lithuania generally restricts dual citizenship except in limited cases. Legal counsel can assess your eligibility and timing.

Additional Resources

Migration Department under the Ministry of the Interior of the Republic of Lithuania. This is the primary authority that accepts and decides residence applications, including those based on business or investment.

Lithuanian Migration Information System MIGRIS. This is the online platform used to submit applications, upload documents, and schedule biometrics at a migration division, including in the Utena region.

State Enterprise Centre of Registers. This body handles company incorporation, share registration, and corporate changes necessary for business-based residence routes.

State Tax Inspectorate. This authority oversees corporate and personal taxation, VAT registration, and ongoing tax compliance for individuals and companies in Lithuania.

State Social Insurance Fund Board Sodra. This institution is responsible for social insurance registrations and contributions when you hire employees or pay salaries.

Invest Lithuania and Enterprise Lithuania. These agencies provide guidance on the business environment, sectors, and practical steps for investors and startups.

Utena District Municipality Administration. The local authority can advise on business permits, zoning, and municipal requirements relevant to operations in Utena.

Lithuanian Notary Chamber and commercial banks operating in Lithuania. These institutions are involved in company setup formalities and banking, including source of funds checks required for investment.

Next Steps

Define your route. Decide whether you will pursue residence through company ownership and management, an innovative startup, or another eligible basis. Clarify your business model, sector, and operational plan in Utena.

Engage a lawyer. Consult a Lithuania-qualified immigration and corporate lawyer to assess eligibility, structure your investment, and align your plan with the current requirements under the Law on the Legal Status of Aliens.

Prepare documentation. Collect passports, proof of funds and their lawful origin, business plans, draft incorporation documents, professional qualifications if relevant, accommodation evidence, and health insurance. Ensure translations and apostilles where required.

Incorporate and register. If pursuing a business route, incorporate your company with the Centre of Registers, open a bank account, register for taxes, and set up accounting. Secure premises and, if needed, prepare employment contracts that comply with labor law.

File your application. Submit through the MIGRIS system, pay the state fee, and attend your biometrics appointment at a migration division serving Utena. Respond promptly to any requests for additional information from the Migration Department.

Maintain compliance. After approval, keep your company active and compliant with tax, social insurance, and reporting obligations. Track renewal deadlines and retain evidence of genuine business activity for future extensions or status changes.

This guide is informational and not legal advice. For personalized guidance suited to your circumstances in Utena, consult a licensed Lithuanian immigration and corporate law professional.

Lawzana helps you find the best lawyers and law firms in Utena through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Residence by Investment, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Utena, Republic of Lithuania - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.