ESTONIA STARTUP VISA

The Estonia Startup Visa is an exceptional opportunity for entrepreneurs from outside the European Union to establish and grow their business in Estonia. In order to attract innovative startups and contribute to the dynamic Estonian economy, this visa has been designed with this goal in mind.

ELIGIBILITY REQUIREMENTS

Applicants who wish to apply for the Estonia Startup Visa must meet the following requirements:

• Be a citizen of a country other than the EU, EEA, or Switzerland.
• It is important to have a business idea that is based on technology, innovative, and scalable with clear growth potential.
• Describe the business concept, market analysis, financial projections, and any potential impact on the Estonian economy in a comprehensive business plan that outlines the business idea, market analysis, and financial projections.
• Obtain the approval of the Startup Committee for the business idea you have in mind.
• Provide evidence that they have sufficient financial resources to support themselves and their business. A monthly budget of at least €800 is required in order to meet the requirements.

APPLICATION PROCESS

• Prepare a Business Plan: You will need to develop a detailed business plan that covers your innovative business idea, a market analysis, financial projections, as well as the potential impact of your business on the Estonian economy.
• Obtain Business Idea Approval: You must submit your business plan to the Startup Committee for evaluation. Your business idea will be assessed by the committee in terms of innovation, market attractiveness, scalability, and your capability to implement the business idea.
• Gather Financial Proof: Make sure you collect evidence of your financial resources, such as bank statements or letters of approval for a loan.
• submit Application: Please submit your application for the Estonia Startup Visa at the Estonian embassy in your home country, or at the Police and Border Guard Board in Estonia, whichever is most convenient for you. The business plan, financial proof, and any other documents you may need to support your application should be included.
• Obtain Residence Permit: You will need to travel to Estonia and apply for a temporary residence permit (TRP) after your visa has been approved. A permit can be issued for a period of up to five years, and you can renew it as long as your business activities continue to be continuous.

BENEFITS OF THE ESTONIA STARTUP VISA

• Visa-Free Travel: You will be able to travel freely within the Schengen Area without a visa, allowing you to expand your business across Europe and explore new markets.
• Pathway to Residency and Citizenship: If you have lived in Estonia for five years, you can apply for permanent residency or citizenship as an Estonian citizen.
• Family Reunification: Every member of your family can join you in Estonia and enjoy the same residency rights as you.
• Supportive Business Environment: You will have the opportunity to benefit from the Estonian business ecosystem, which includes government incentives, tax reductions, and funding opportunities that are available.
• High Quality of Life: Estonia is known for its rich culture, beautiful landscapes, and vibrant entrepreneurial community.

WHY CHOOSE ESTONIA?

Estonia is a country that offers a welcoming environment for entrepreneurs, providing a supportive business ecosystem, access to the European Market, and a high standard of living. Estonia’s dynamic economy, its favorable tax policies, and its vibrant lifestyle make it one of the most innovative countries in Europe, which gives you the chance to tap into a dynamic economy and benefit from favorable tax policies.