Officially, in Lithuania does not have a formal Citizenship-by-Investment program. But the legislation provides immigration for foreigners willing to establish their companies or engage in business in the country. There are two main ways of obtaining a residency permit for Lithuania: through opening a branch; through business. The Legal Status of Aliens Act is the main document in Lithuania that regulates issues related to the issuance of a temporary/permanent residence permit in Lithuania. For example, to obtain a residence permit, a future Lithuanian entrepreneur needs to take into account several points, in particular: the company in which the applicant for a residence permit works must operate for at least six months before applying for a residence permit; the value of equity capital of a Lithuanian company must be at least EUR 28,000. Of this amount – at least 14,000 euros are funds invested by a foreigner or other property; the total value of shares owned by a foreigner must be at least 1/3 of the total value of the company’s shares; the company must employ at least three employees who are citizens of Lithuania or permanent residents of Lithuania. When establishing a representative office or branch of a foreign enterprise, its director or specialist may apply for a residence permit in Lithuania if he/she: worked at a foreign enterprise that established a representative office or branch for at least the last year; professional knowledge or qualification of a foreigner is necessary for the activities of a representative office or branch. A temporary residence permit in Lithuania can only be issued for two years. This permit may also be issued to family members of a non-resident. A temporary residence permit is the first document on the way to a permanent residence permit in Lithuania for foreigners. A permanent residence permit in Lithuania can be obtained only after five years of temporary residence. Mandatory conditions for obtaining permanent residence and then – citizenship in Lithuania are: absence of criminal and administrative offenses; annual residence in the country for at least 180 days.