Young families where both spouses or the parent of the child(ren) are under 36 years of age are eligible for the Financial Incentive for Young Families Buying Their First Home (the Financial Incentive). The members of the young family must have declared their place of residence in Lithuania or be registered as undeclared.
The financial incentive is for young families to buy or build their first home. The amount of the mortgage loan used to calculate the subsidy for a young family cannot be more than EUR 87 000.
Subsidy rates for young families:
- for families without children - 15% of the amount of the mortgage loan for the purchase of the first home;
- for families with 1 child – 20%;
- for families with 2 children – 25%;
- for families with 3 or more children – 30%.
Before applying for Approval of Entitlement to a Financial Incentive, the young family must:
- Financial incentives for young families purchasing their first home in the statutory territory of Vilnius District, find a home to purchase or a plot to build on;
- declare the family's assets in accordance with the procedure laid down in the Law on Declaration of Property of Residents.
A young family can apply for confirmation of the right to a financial incentive in the Social Support for Families Information System www.spis.lt, or the application form can be submitted directly or filled in at the Vilnius District Municipality Administration (Vilnius, Rinktinės st. 50), 2nd window of the slient service on the 1st floor: Monday- Thursday 7.30-16.30, Friday 7.30-15.15.
More information: https://vrsa.lt/griztu-i-vilniaus-rajona/parama-bustui-isigyti/1197
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