Lithuania
How Lithuania performs
Tax
Average taxes. Lithuania sits mid-table on tax, 74th of 123. Expect a typical tax bill: neither a reason to move here nor a reason to stay away. Personal income tax 20% or 32%, corporate tax 0 - 22%, VAT 21%.
Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)
Safety
Very safe. Lithuania is one of the most peaceful and stable countries in the index, 22nd of 117.
Source: Institute for Economics and Peace, Global Peace Index
Cost of Living
Fairly expensive. Everyday life costs more here than in most countries we cover (80th of 118). Budget for it.
Source: Numbeo Cost of Living Index
Education
Good education. Education here is stronger than in most countries we cover: Lithuania is 28th of 120.
Source: UNDP & MBRF, Global Knowledge Index
Every figure is published by the institution named against it. We do not adjust, model or estimate the underlying values. See the formulas.
The detail behind the scores
Taxation
| Corporate income tax | 0 - 22% Applicable tax rate varies based on the nature of the business |
|---|---|
| Personal income tax | 20% or 32% Higher tax rate applicable to income over 126,532 EUR |
| Standard VAT | 21% |
Rates change without notice. Confirm with the relevant tax authority before acting.
Naturalization Requirements and Immigration Pathway
- Residence for naturalization
- 10 years
- Language requirement
- YesProficiency in Lithuanian language
- Investment Immigration Pathway
- Lithuania Temporary Residence Permit through Business Investment
- Official language
- Lithuanian
- Dual citizenship
- Allows with conditions
North Macedonia
Bulgaria
Romania
Bosnia and Herzegovina