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IMMIGRATION IN LITHUANIA (UP TO 1 YEAR): The Lithuanian Immigration Law provides the possibility to apply for a residence permit for up to 1 year by investing in companies. To get a temporary residence permit in Lithuania, the investment must meet the following conditions: a company has at least 28,000 euros share capital; a company has real economic activities and pays minimum taxes; The presence of an investor is necessary for a company to operate. IMMIGRATION TO LATVIA (UP TO 5 YEARS): The Latvian Immigration Law provides for the possibility of obtaining a residence permit if the foreigner's activities are related to business. A residence permit can be issued for: Company Official: Manager Director, Chief Executive, Board Member, Deputy, Branch Representative, Foreign Merchant Representative Shareholder of an existing or newly established company: Residence permit by investing in share capital in the status of a shareholder, e.g. B. Company formation and registration or joining an existing company with significant investments Residence permit through investments in subordinated capital of the bank Conditions for civil servants in the company A foreigner is entitled to a residence permit if he holds a position: Member of the board (manager director, chief executive), deputy, representative of the branch, representative of the foreign merchant Please note! Although the residence permit is issued for 5 years, it has to be re-registered every year. At the time of registration, the following should be determined: The company must have an actual business and generate taxes of at least 21,350 EUR/year (this provision does not apply to a new company). Conditions for investing in the equity of a company According to the Latvian Immigration Law, there are two options: The investment sum must be at least 35,000 euros A temporary residence permit is issued for up to 5 years, whereby the foreigner is obliged to register the residence permit every year. Failure to do so can result in the cancellation of the residence permit. For the second and subsequent years, the foreigner must approve his contribution to the Latvian economy: The company must operate an actual business and generate taxes of at least EUR 40,000 / year Conditions for investing in Latvian credit institutions: the amount of the financial investments must be at least 280,000 euros; The term of the transaction must be at least five years without the right to cancel before the term of the deposit expires. Conditions for investing in the equity of a company. https://www.baltic-legal.com/types-of-temporal-residency-in-latvia-eng.htm
