Lithuania does not require founders to fulfill a capital or employment metric to obtain the permit, unlike other visas. 1 year of residency with permission to bring along family is given to founders. You also get an option for a 1-year extension with the possibility to obtain permanent residency upon meeting regular immigration requirements.
Your startup must operate within biotech, nanotech, information technology, mechatronics, electronics, or laser technologies.
You will have to submit an online application on your team, experiences and the business.
You should get interviewed online. The owners of the business can be up to 5 people.
You will have to receive approval from a panel of experts to judge the business idea. You also need a letter from the migration department stating that the business idea is suitable for the program.
Team members should be speak english .No need to proof any money for investing. 555 € for living