๐Ÿ‡ฑ๐Ÿ‡น Lithuania

Europe
2 residency programs
Residence-based taxation
Trakai, Lithuania

Countries / Lithuania

Known for

Fact Sheet

Continent

Europe

Demonym

Lithuanian

Calling code

+370

Driving side

Right

Motto

Freedom, Unity, Prosperity (Laisvฤ—, vienybฤ—, gerovฤ—)
Population
2,794,329
Human development index
0.86
Life expectancy
74 years
Unemployment rate
11%
Inflation rate
2.0%
Fertility rate
1.6

Cost of Life

Cost of Living Index
44.28
Rent Index
13.65
Groceries Index
33.63
Restaurant Price Index
42.70
Local Purchasing Power Index
57.85

Residency Programs (2)

Taxation overview

Tax system

Residence-based taxation

Countries with a residence-based taxation levy tax from your worldwide income for as long as you're a tax resident of that country. This is the most common taxation system.

Tax residence definition varies from country to country. General rule is you're a tax resident of a country if you spend 183 days or more in it in a year.

Tax Treaties (7)

Lithuania has concluded 7 tax treaties (also called double tax agreements, or DTAs) with other countries to avoid or mitigate double taxation. Such treaties may cover a range of taxes including income taxes, inheritance taxes, value added taxes, or other taxes.
Note: the list below may not be exhaustive.
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