Work out what regular investing could become โ with the Lithuanian 15% investment account tax, platform fees and inflation all accounted for. Most calculators show you a big nominal number and stop there. This one shows what it's actually worth.
Your plan
Advanced โ fees, inflation, tax, contribution increases
- Your contributionsโฌ49,000
- GrowthWhat the market added, after the fee and the tax aboveโฌ45,728
| Year | Contributed | Value | Growth |
|---|---|---|---|
| 1 | โฌ3,400 | โฌ3,542 | โฌ142 |
| 2 | โฌ5,800 | โฌ6,256 | โฌ456 |
| 3 | โฌ8,200 | โฌ9,154 | โฌ954 |
| 4 | โฌ10,600 | โฌ12,249 | โฌ1,649 |
| 5 | โฌ13,000 | โฌ15,554 | โฌ2,554 |
| 6 | โฌ15,400 | โฌ19,083 | โฌ3,683 |
| 7 | โฌ17,800 | โฌ22,852 | โฌ5,052 |
| 8 | โฌ20,200 | โฌ26,877 | โฌ6,677 |
| 9 | โฌ22,600 | โฌ31,175 | โฌ8,575 |
| 10 | โฌ25,000 | โฌ35,764 | โฌ10,764 |
| 11 | โฌ27,400 | โฌ40,665 | โฌ13,265 |
| 12 | โฌ29,800 | โฌ45,898 | โฌ16,098 |
| 13 | โฌ32,200 | โฌ51,487 | โฌ19,287 |
| 14 | โฌ34,600 | โฌ57,455 | โฌ22,855 |
| 15 | โฌ37,000 | โฌ63,828 | โฌ26,828 |
| 16 | โฌ39,400 | โฌ70,633 | โฌ31,233 |
| 17 | โฌ41,800 | โฌ77,900 | โฌ36,100 |
| 18 | โฌ44,200 | โฌ85,661 | โฌ41,461 |
| 19 | โฌ46,600 | โฌ93,948 | โฌ47,348 |
| 20 | โฌ49,000 | โฌ102,797 | โฌ53,797 |
Where to Actually Invest
The calculator assumes tax is paid once at withdrawal. That's only true if your account qualifies as a Lithuanian investment account (investicinฤ sฤ skaita). Not every provider supports it โ and one major name doesn't at all. Which brokers do is compared in our broker guide.
| Provider | IS regime | Reports to VMI | Admin | Best for |
|---|---|---|---|---|
| Swedbank | โ Full | โ | Low | Simplest declaration |
| SEB | โ Full | โ | Low | Free under 25 |
| Luminor | โ Full | โ | Low | Full local support |
| Interactive Brokers | โ Eligible | โ | You track it | Lowest costs |
| Trading 212 | โ Eligible | โ | You track it | Simple interface |
| XTB | Self-designate | โ | You track it | Flag it yourself |
| Revolut | Self-designate | โ | You track it | Withdrawals land in your spending IBAN |
Interactive Brokers
Lowest costs, widest choice
Key highlights
Key features
- Very low fees, unmatched fund range
- Eligible for the IS regime
Account details
- investment account
- โ Eligible
- VMI reporting
- โ No
- fees
- Very low
- market access
- Global
Summary
- Very low fees, unmatched fund range
- Eligible for the IS regime
- No VMI reporting โ you track everything
SEB
Easiest declaration, free under 25
Key highlights
Key features
- Automatic VMI reporting, pre-filled declaration
- Free YOUTH plan under 25
Account details
- investment account
- โ Full
- VMI reporting
- โ Yes
- plan per month
- โฌ0โโฌ7
- YOUTH plan, under 25
- โฌ0
Summary
- Automatic VMI reporting, pre-filled declaration
- Free YOUTH plan under 25
- Costly to open before your permit
Swedbank
Largest network, full local support
Key highlights
Key features
- Widest branch and ATM network
- Automatic VMI reporting
Account details
- investment account
- โ Full
- VMI reporting
- โ Yes
- plan per month
- โฌ1.00โโฌ4.00
- if salary paid in
- โฌ1.10
Summary
- Widest branch and ATM network
- Automatic VMI reporting
- Resident terms need an asmens kodas
Trading 212
Simplest interface for beginners
Key highlights
Key features
- Simple interface, good for beginners
- Fractional shares suit small contributions
Account details
- if EEA account
- โ Eligible
- VMI reporting
- โ No
- fees
- Low
- shares supported
- Fractional
Summary
- Simple interface, good for beginners
- Fractional shares suit small contributions
- No VMI reporting โ you track everything
Revolut
Wrong choice for investing here
Key highlights
Key features
- A genuinely good first bank account
Account details
- investment account
- โ No
- VMI reporting
- โ No
- as gains are realised
- Taxed
- of the deferral above
- None
Summary
- A genuinely good first bank account
- No investment account regime, no deferral
- Gains taxed as realised, not at withdrawal
What the cards leave out
Eligibility turns on where the securities account actually sits, not on the broker's brand. Interactive Brokers accounts for Lithuanian residents are typically opened through EEA entities, which is what makes them eligible for the investment account regime, and Trading 212 is eligible where the securities account sits in an EEA jurisdiction. Confirm which entity your account is booked with before you open it.
SEB flags the account as IS, reports your status to VMI and provides a Lithuanian-language annual statement with FIFO profit and loss already worked out, which is what makes the declaration close to automatic. It requires residency and an asmens kodas โ opening as a non-resident costs โฌ250 plus โฌ10 a month, so wait until your permit arrives. Swedbank handles the IS side the same way, with the widest branch and ATM network in the country.
Revolut is eligible, but gives you none of the scaffolding. Under VMI rules you designate an account as an investment account yourself โ but Revolut produces no IS-format statement, and withdrawals land in the Revolut IBAN most people also spend from. An account used for daily spending cannot be declared as an investicinฤ sฤ skaita. We recommend Revolut for banking; for investing it is workable but high-maintenance.
The real decision: convenience or cost
Lithuanian banks handle the tax reporting for you โ the declaration is close to automatic, and if you're under 25 SEB costs nothing. Foreign brokers are meaningfully cheaper with far more choice, but you become responsible for tracking every deposit and withdrawal and getting the declaration right. Neither is wrong. Pick the trade you'd rather make, and if you go foreign, start the spreadsheet on day one.
Verified July 2026 against provider price lists and Lithuanian tax guidance. Broker treatment of the IS regime is evolving โ confirm directly before opening. Full detail in our investing guide.
Look at the two numbers side by side. The "nominal" figure is the number you'd see on a statement. The "today's money" figure accounts for inflation eating into what it actually buys over the years you're invested. Both are true at once. Calculators that only show the big nominal number are flattering you.
How the Inputs Work
Expected annual return
The single most influential assumption, and the one nobody can know. Long-run global equity averages are often quoted around 7% nominal, but actual outcomes vary enormously and include long periods of loss. Try 4% and 9% to see how wide the range gets โ that spread is the honest picture.
Annual fee
Charged on your whole balance every year, so it compounds against you. Broad index ETFs commonly sit around 0.05โ0.25%; actively managed funds are frequently ten times that. Try switching the default 0.20% fee to 1.5% and watch how much the "Lost to fees" figure changes over 20 years.
Inflation
Doesn't change your balance, changes what it buys. The "today's money" figure is the one to plan around.
Contribution increases
If you raise contributions as your salary grows โ even a few percent a year โ the effect over decades is substantial, because each increase compounds for longer than the last.
Tax on gains
Set to 15%, the Lithuanian rate for an investment account. Crucially, this is applied once at withdrawal, not annually โ which is exactly what the investment account regime allows. See our investing guide for how that works and which brokers support it.
Why the tax timing matters so much. This calculator taxes gains once, at the end. That's only accurate if you're using a Lithuanian investment account (investicinฤ sฤ skaita), where gains compound untaxed until you withdraw. In an ordinary account, realising gains along the way means paying tax as you go and losing the compounding on it. Revolut gives you no IS-format statement, and its withdrawal path runs through your spending IBAN โ worth knowing before you pick a broker. Full detail โ
What This Calculator Doesn't Do
- Predict returns. It compounds an assumption you supply. Markets don't deliver a steady rate โ they deliver good years and terrible ones in an order nobody can forecast.
- Model sequence risk. Two portfolios with identical average returns can end very differently depending on when the bad years fall. That matters most near withdrawal.
- Account for currency. If you invest outside the euro, exchange rates add another variable.
- Handle partial withdrawals. It assumes you withdraw everything at the end.
- Replace advice. It's arithmetic, not a plan.
What the arithmetic assumes about your position is worth checking separately: the gains are declared in the annual return, the money moves through a Lithuanian account, and how much you can put in each month is a question the salary calculator and the cost of living guide answer between them.
The declaration is the part no calculator can do for you. An investment account year with no withdrawal at all still gets declared, on its own annex, and with a foreign broker nobody files anything on your behalf.
Need an English-speaking accountant?
Lithuanian tax is manageable until it isn't โ individuali veikla, VAT registration, or income from more than one country. Get matched with an accountant who works in English and knows the rules for foreigners.
Frequently Asked Questions
What return should I assume?
There's no correct answer. Long-run global equity averages are often cited near 7% nominal, but your actual outcome depends on what markets do and when. Run 4% and 9% as well โ the gap between them is the real uncertainty.
Why is the "today's money" figure so much lower?
Because inflation erodes purchasing power. At 2.5% over 20 years, prices roughly rise by 64%. The nominal figure is real money, but it buys less than the same number does today.
Is 15% the right tax rate for me?
It's the Lithuanian rate for investment account gains, applied when you withdraw more than you contributed. Different rules apply outside that regime, and to dividends. See our investing guide.
Does this work for pension contributions?
Not accurately. Pillar II and III pensions have their own contribution rules and tax treatment. Use this for brokerage investing.
What fee should I put in?
Check your fund's ongoing charges figure and add any platform fee. Broad index ETFs are often 0.05โ0.25%. If you don't know, find out โ it compounds.
Should I invest a lump sum or monthly?
Set the initial investment and monthly contribution to compare. Historically lump sums have often come out ahead simply because money is invested for longer, but regular investing suits most people's cash flow and reduces the risk of committing everything at a peak.
If I never withdraw anything, do I still have to file?
Yes. The declaration obligation is separate from whether any tax is due, and an investment account year with no withdrawal at all still gets declared. In the annual return it has its own annex, GPM311H1, which carries the account identifier and its opening and closing dates rather than a profit figure. This is the part that catches people who use a foreign broker: a Lithuanian bank flags the account and reports your status to VMI, so the declaration is close to automatic, while with Interactive Brokers or Trading 212 nobody files anything on your behalf and the obligation is still yours. Start the record on day one rather than reconstructing it in April.
Does the โฌ500 investment income exemption apply here?
No โ and that is the one real argument against the investment account regime this calculator assumes. Outside the regime, Lithuania applies an annual GPM exemption on investment income, commonly cited at โฌ500 a year. Inside an investment account that exemption does not apply, which was confirmed with an accountant. So the regime is the right choice when you expect gains well above โฌ500 a year, and the ordinary treatment may be simpler and just as good if you are realising less than that. The calculator models the regime, taxing everything once at withdrawal at 15%; if you are a small, occasional realiser, run your own numbers against the ordinary route before assuming the regime is the better one for you.
Do the higher income tax bands apply to investment gains?
No, and this is why the calculator uses a single rate rather than a scale. Investment account gains stay at a flat 15%, outside the 20% / 25% / 32% progressive scale that applies to employment and self-employment income above โฌ83,237 and โฌ138,729 a year. A large withdrawal does not push you into a higher band, and your salary does not push your investment gains into one either. Dividends are a third thing again, taxed separately at a flat 15% โ this calculator models capital growth, not a dividend income stream.
Does it matter where my broker's securities account actually sits?
It matters more than the broker's brand name does. Eligibility for the investment account regime turns on the account itself, not on who advertises it: Interactive Brokers accounts for Lithuanian residents are typically opened through EEA entities, which is what makes them eligible, and Trading 212 is eligible where the securities account sits in an EEA jurisdiction. The practical step is to confirm which entity your account is booked with before you open it rather than after, because the whole premise of this calculator โ gains compounding untaxed until withdrawal โ collapses if the account never qualified. Broker treatment of the regime is still evolving, so ask the broker directly and get the answer in writing.
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Disclaimer
This calculator is for illustration only and is not investment advice. HowToLithuania.com is an informational publisher, not a licensed broker or financial adviser. Investments can fall as well as rise and you may get back less than you invest. Projections are not forecasts. Tax treatment depends on individual circumstances and may change โ confirm your position with VMI or a qualified adviser.
What the calculator cannot promise is one thing to be plain about. What the links on the page pay is another.
Disclosure
Nothing on this page is paid placement, and what a link pays never affects the ordering. It does not affect what we recommend.
Disclaimer. Investing in stocks, ETFs and other financial instruments carries the risk of loss of capital. Past performance is no guarantee of future results. HowToLithuania.com is an informational publisher, not a licensed broker or financial adviser. No link on this page earns us a commission.