Lithuania is introducing new amendments to the Law on the Legal Status of Aliens. This is likely to give significant impetus to efforts to attract start-ups to Lithuania along with a highly-skilled workforce from non-EU countries. Major changes are that the amendments will introduce:
- special permits for start-ups: the possibility to reside in Lithuania and start a business without investing a fixed minimum amount in the capital of a company and without hiring a mandatory minimum number of employees;
- more flexible requirements for highly-skilled personnel holding the so-called EU Blue Card;
- the possibility to speed up recruitment of professionals in short supply;
- no need for students to obtain work permits and other changes that are expected to come into force from the beginning of 2017.