Vilnius feels like Stockholm, at a lower price

The next Fintech hub?

Vilnius and also Lithuania in general try to compete a bit with their northern neighbours on being fintech hubs. Vilnius managed to attract Revolut that had to partially move away from the UK after Brexit and found a new home in Lithuania.

In addition to Revolut, there are many other digital payment services that build a whole ecosystem. So if you are interested in working in that field or winning clients, it may be a good idea to spend some time there.

Parks, pubs and Užupis

Vilnius won't become boring: In the summer, you can enjoy the parks, taking hikes in the area around the city or going to outdoor events.

In the winter, you can not only join Christmas markets. There are many pubs and restaurants to visit or you can check out Vilnius's own micronation called Užupis.

English works

English can give you mixed results in Lithuania, but we found that all younger people speak English very well. So getting around Vilnius is easy enough for nomads and expats in the beginning.

As always, picking up a bit of the local language will help you a lot to make friends and enjoy Vilnius even more.

Decent startup place

Vilnius might not get as much attention as Tallinn. The Lithuanian E-Residency does not work very well yet and the tax situation is also not super interesting yet. But it is still a better deal than many high tax countries like Germany, France or the UK.

And the cost of living in Vilnius is relatively good if you want a place with a high quality of life at lower cost to increase your startup's or freelance business runway for a little bit longer.

In terms of community, you will also find a lot of support in the many coworking spaces and incubators located in Vilnius.