Lithuania Wealth Tax Guide 2026

Overview — No Wealth Tax in Lithuania

Lithuania is one of the European countries that does not levy an annual net wealth tax. This means that individuals and families are not subject to any tax based on their total net assets, including:

• Cash and bank deposits
• Stocks, shares, bonds, and other securities
• Investment portfolios and fund units
• Business interests and ownership stakes
• Personal property (vehicles, art, jewellery, collectibles)
• Cryptocurrencies and digital assets

The absence of wealth tax, combined with no inheritance/gift tax for close family and no exit tax (with certain exceptions), makes Lithuania an attractive jurisdiction for high-net-worth individuals considering relocation or wealth structuring.

Comparison with Other European Countries

Many European countries impose some form of wealth tax. Lithuania's position is notably favourable:

• No wealth tax: Unlike Norway (1.1%), Switzerland (0.3–1.0%), Spain (0.3–3.5%), France (IFU), and the Netherlands (box 3 notional return tax)
• No inheritance tax: Spouses and direct descendants are fully exempt. Contrast with France (up to 60%), Germany (up to 50%), UK (40%), and Italy (up to 8%) who impose significant inheritance taxes
• Low CGT: 15% standard, with 0% on shares held over 3 years, compared to 30%+ in many EU countries
• Competitive IIT: Top rate of 32%, lower than Sweden (57%), Denmark (56%), and many other European countries

Taxes That Are Not a Wealth Tax

The following Lithuanian taxes are sometimes confused with wealth taxes but are distinct:

• Annual real estate tax (NT mokestis): 0.3–3% on cadastral value, but only on immovable property. Primary residence under EUR 150,000 is exempt. This is a property-specific tax, not a general wealth tax
• Land tax: 0.5–4% on land value. Again, specific to land, not general wealth
• Real estate transfer tax: 0–10% on acquisition of property — a one-time transactional tax, not an annual wealth levy
• Investment income tax: 15% on dividends, interest, and CGT — levied on income, not on the underlying capital

Wealth Planning Considerations

For individuals building and preserving wealth in Lithuania, the following considerations apply:

• Holding period exemption: The 3-year holding period for CGT exemption on shares makes Lithuania attractive for long-term investment strategies
• Participation exemption: Corporate participation exemption (0% on dividends from qualifying subsidiaries) facilitates holding company structures
• EU integration: Full participation in EU financial markets and capital mobility provides investment flexibility
• Inheritance planning: No tax on transfers to spouses and children simplifies multi-generational wealth transfer

FAQs

Do I need to declare my worldwide assets in Lithuania?

Lithuania does not require an annual wealth declaration for individuals. However, residents must report foreign accounts and certain foreign assets in their annual tax return if they generate income.

Is there a property tax on expensive homes?

Yes, the annual real estate tax applies to the cadastral value of property. For primary residences over EUR 150,000, the tax applies to the excess amount at rates of 0.3–3%.

Can I move to Lithuania and avoid wealth tax on my global assets?

Yes, Lithuania does not impose wealth tax on assets held anywhere in the world. Only the income generated by those assets may be subject to Lithuanian IIT if you become a tax resident.

Disclaimer

This guide provides general information about Lithuanian wealth taxation for the 2026 tax year. Tax laws and rates may change. Always consult with a qualified Lithuanian tax advisor for advice specific to your situation. InvestmentKit does not provide tax advice.