Economy
5 good reasons to choose Lithuania:
« A political and stable macroeconomic environment »
- Member of the EU and NATO since 2004, the President of Lithuania named European of the Year 2007
- Accession to the WTO since 2001, and the Schengen area since 21 December 2007
- Directives of the EU's concerning the internal market are better implemented in the national legislation than in all other EU members
- Currency fixed according to the euro and financed by foreign reserves
- A pro-business government with an agenda of tax reform on personal income and social security
«A favorable location and excellent infrastructures»
- Located between the eastern markets (Russia and CIS countries with a population of 250 million inhabitants) and those from the west side(with a population of more than 340 million inhabitants)
- Part of the Baltic Sea region
- Two international transport corridors, four international airports, best routes of the Baltic States, and a port the whole year "out of ice" with the greatest capacity of the eastern Baltic
- New industrial parks and two free economic zones
- Sophisticated means of communication - one of the highest penetration rate of mobile telephony in the world
«Human resources of high quality »
- One of the most polyglot society in the EU - one of five EU countries with the highest percentage of people who can speak at least one foreign language: one out of three Lithuanian speaks English, and eight Lithuanians out of 10 speak Russian
- Approximately 40% of the workforce have completed tertiary education
- 20% of tertiary graduates in engineering
« A good quality of life»
- Mild climate, well-preserved nature
- The Lithuanian coast sand (Courlande Bay) is ranked No. 9 among the 100 top travel destinations in the summer supplement of The Sunday Times Travel UK
- Services for amusement and recreation of international level
- Social services easily accessible
- A Western view of life
«A competitive business environment »
- The most diversified industries of the Baltic countries and half of the total GDP of the Baltic countries.
- One of the overall tax burdens which is one of the lowest in the EU, one of the lowest rate tax in the EU (15%)
- Tax incentives in the two free economic zones
- A skilled workforce and an average cost ratio of the monthly salary: EUR 594
- EU Structural Funds - 7 billion of Euros allocated for 2007-2013
Further detailed economic information:
THE BENEFITS OF LITHUANIA
33 pages in magazine format on the economy published by the Lithuanian Development Agency. The publication presents the key facts about Lithuania, the general situation of the economy, new trends of trade flows and foreign direct investment ... For more information on market opportunities Lithuanian:www.lda.lt
Download the brochure (4, 46 Mo, pdf)
