Electronic properties of the aminophenolate groups have obvious effect on the synthesis of aminophenolate lanthanide–lithium complexes. Amine elimination reactions of Ln[N(SiMe3)2]3(μ-Cl)Li(THF)3 with lithium aminophenolates [ArNHCH2(3,5-tBu2C6H2-2-O)Li(THF)]2 (Ar = p-ClC6H4, [ONH]Cl-p; p-BrC6H4, [ONH]Br-p) in tetrahydrofuran (THF) in a 1 : 2 molar ratio gave the bimetallic lanthanide–lithium amido complexes [NO]Cl-p2Ln[N(SiMe3)2][Li(THF)]2 (Ln = Y (1), Yb (2)), and [NO]Br-p2Ln[N(SiMe3)2][Li(THF)]2 (Ln = Y (3), Yb (4)). When the Ar groups are p-MeOC6H4, ([ONH]MeO-p) and o-MeOC6H4 ([ONH]MeO-o), similar reactions generated the homoleptic lanthanide–lithium complexes [NO]MeO-p3Ln[Li(THF)]3 (Ln = Y (5), Yb (6)) and [NO]MeO-o2Ln[Li(THF)] (Ln = Y (7), Yb (8)) in high isolated yields, respectively. Whereas the bimetallic lanthanide–lithium amido complexes [NO]Cl-o2Ln[N(SiMe3)2][Li(THF)]2 (Ln = Y (9), Yb (10)) can be obtained in good yields, when the Ar group is o-ClC6H4 ([ONH]Cl-o). All of these complexes were well characterized. X-ray structure determination revealed that these complexes have solvated monomeric structures. In complexes 1–4, 9, and 10, the lanthanide atom is five-coordinated by two oxygen atoms and two nitrogen atoms from two aminophenoxy ligands and one nitrogen atom from N(SiMe3)2 group to form a distorted trigonal bipyramidal geometry, whereas in complexes 5–8, the central lanthanide atom is six-coordinated by oxygen atoms, and nitrogen atoms from the aminophenoxy ligands to form a distorted octahedron. It was found that complexes 1–10 are highly efficient initiators for the ring-opening polymerization of 2,2-dimethyltrimethylene carbonate (DTC), affording the polymers with high molecular weights, and the homoleptic heterobimetallic lanthanide complexes showed apparently high activity.