Foreign investment promotion in Lithuania

Abstract

All times and for all countries foreign investments were very important for a lot reasons. The main one – such investments creates possibilities to develop country, to create new working places, to be more innovative and to generate better economic situation. The government, through the regulation of investment and to target investment in priority spheres of economy, determine the appropriate tax rates and exemptions, and provides other measures that would help stimulate investment, job creation, innovation, rational utilization of raw materials and Lithuania on the international market, raising. Also, it is very important to inform foreign investors about previous project, which were successful. It is not a secret, that foreign investors come to Lithuania not for reduce unemployment rate in our country, but for their own profit, own possibilities and own wealth. In this case, in article is described reasons why it is profitable to invest and past experience. In article the system theory was used to get real view to investment structure. The suggestions were made how to improve current foreign investment situation in Lithuania. Also, correlation research was made in case to perceive how important foreign investment is to Lithuania’s economy.