The Ministry of Foreign Affairs proposes to allow the International American School in Vilnius to lease public property for up to 99 years
The Lithuanian government has approved a proposal to allow the International American School in Vilnius to lease public property for educational purposes for a term of up to 99 years.
The Lithuanian government's Cabinet has endorsed a proposal to permit the International American School in Vilnius to lease public property for a significant duration of up to 99 years. This initiative seeks to ratify an agreement established between the Lithuanian and U.S. governments in 2002 concerning the legal status of the American school in the Latvian capital. The Ministry of Foreign Affairs (URM) is pushing for this new lease provision, emphasizing that it will only apply if the rental is related to the institution's establishment, operations, or educational objectives.
According to the URM's documentation, the proposal not only facilitates a longer lease term but also enables the school to construct, renovate, and maintain the leased real estate using its own funds, while adhering to Lithuanian laws. This flexibility is essential for the school, which aims to meet the high standards required for American educational institutions and comply with stringent safety regulations. The specific terms of the lease will be defined in a separate agreement between the real estate owner and the school, ensuring clarity in the landlord-tenant relationship.
The agreement demonstrates the Lithuanian government's commitment to enhancing educational opportunities in the country and strengthens bilateral ties with the United States by promoting American-style education in Lithuania. Long-term investments by the school signify its commitment to providing quality educational services, fostering an environment that encourages learning, and ensuring that the school can effectively operate within the legal framework of Lithuania, benefiting the local community and students alike.