Lithuania – Young, dynamic and agile. Just like you.

24 April, 2023

Young, dynamic and agile, Lithuania is the perfect place for ambitious people looking to further their careers.

As a relatively young country, Lithuania has come a long way. Its economy has rocketed 500% since it gained its independence, and it is now consistently the strongest economy in the Baltics. And despite the global turbulence of the last few years, it continues on its upwards trajectory. Supporting and giving stability to this growth is its membership to NATO, the EU and the OECD, but that’s just part of the picture. It’s what the country has done itself, and the driving ambition that underpins those efforts, that has led it to achieving such accolades as being ranked 11th globally for Ease of Doing Business. And with the government setting healthy targets for its Life Sciences sector, alongside the focused support it is giving to such cutting edge sectors as Fintech and Gaming, Lithuania is not only focused on the now, it’s also primed for the future.

Young, dynamic and agile, Lithuania is the perfect place for ambitious people looking to further their careers. It’s also the ideal base if you want to reinvent yourself and explore more dynamic and future focused careers. But don’t just take our word for it. Read on and we’ll let the facts speak for themselves.

Competitive wages that are kind to your pocket.

Let’s be honest here. We all want to feel like we’re getting the remuneration we deserve, and there is still the myth hanging around that certain places are worse than others when it comes to pay. Lithuania these days, though, is equal to many of its EU neighbors when it comes to what you take home. In fact, if we look at the metric of wage growth alone, we can see that earnings have swollen by 292% since 1995!

Breeding ground for a new kind of Unicorn (and talent).

Money is not everything, however. More important, arguably, is being part of a company as young and ambitious as you are. Lithuania has a thriving start-up scene that has already borne unicorns like the second hand fashion marketplace Vinted, and Nord Security, home of the globally recognised Nord VPN. Now up and comers like Kilo Health, a global leader in digital health and wellness, and Bored Panda, the online media platform with millions of users worldwide, are making their mark. They are part of a bustling community that covers all bases from Fintech, Gaming, Biotech, to all flavors of SaaS.

Global brands. Global careers.

But Lithuania is not only about startups. The kind of incentives and infrastructure that prepared the grounds for Lithuania taking 11th position worldwide for ease of doing business, have helped to attract some truly global companies. Established names like Nasdaq, Moody’s, Western Union, and Accenture rub up against such companies like the US unicorn Bazaarvoice and the online gaming company, Wargaming. The country’s capital, Vilnius, is also home to global business centers for many of the Nordics biggest banks such as Luminor, Danske, Swedback and SEB.

Paupys, Vilnius

Cities that grow with you: Vilnius

And speaking of Vilnius, it is a city that, although steeped in history, is every bit a modern capital. It recently earned the title of CEE’s Most Dynamically Developing city, and it’s easy to see why. Everywhere you go, you’ll find that you’re able to pay by phone (open banking now makes up 80% of all transactions done across the country). Not only that, through the Trafi app (another proud LT startup) you’ll be able to check and pay for all forms of buses and trolleybuses.  But it’s not all about the tech, Vilnius is also one of the greenest cities in Europe – 61% of its environs is given up to nature.  This makes it not only a great place to work, but a great place to live. After all, escape to nature is only ever a short walk away.

An up and comer

But it’s not only Vilnius that is growing. Located a short hour’s drive away is Kaunas, the country’s second-largest city.  It recently ranked highly across the board in the Financial Times’ fDi report: European Cities and Regions of the Future 2023.”  The city’s eclectic mix of Modernist architecture and contemporary spaces (it’s a hub for European street art), alongside its deep traditions in engineering and ICT excellence (it is home to the Baltic’s largest technical university), have proved to be an attractive mix.

A happy place to live and work.

With its ample nature, diverse culture and business landscape that offers opportunities to fit all skillsets, it’s little wonder that Lithuania’s population is so happy. In the 2023 World Happiness Report produced by the UN Sustainable Development Solutions Network, Lithuania ranks in the top 20, alongside the Nordics, the USA and the UK.

Looking to find yourself?  No need to look any longer!

So, what’s the takeaway? It’s simple. If you’re searching for a base that offers not only the kind of career opportunities you long for, but also a work life balance that takes the stress out of a career, Lithuania is waiting for you. Here you can not only realize your career goals, but also reinvent yourself. This is a country as agile, dynamic and ambitious as you are.