Estonia is a Baltic gem known for its unique blend of modern innovation and timeless traditions. With its stunning landscapes, from dense forests to coastal beauty, Estonia offers a harmonious balance of nature and technology. This forward-thinking nation, often referred to as “e-Estonia,” has gained international recognition for its digital advancements, making it a hub for tech-savvy entrepreneurs and nature enthusiasts alike. Explore Estonia’s rich history, vibrant culture, and breathtaking scenery as you embark on a journey through this captivating Baltic nation
Program Overview
Estonia offers an investment-based residence program designed for entrepreneurs looking to establish or invest in a business within the country.
The program’s minimum investment threshold is €65,000 (or €16,000 for self-employed individuals), granting successful applicants a temporary residence permit valid for five years. Following this period, applicants become eligible to seek permanent residence. To secure permanent residency, individuals must provide evidence of health insurance and income. Additionally, they are required to demonstrate proficiency in the Estonian language at a B1 level.
However, for those intending to establish an Estonian company without residing in the country, it is advisable to explore the option of obtaining Estonian e-Residency.
Program Benefits
- Eligible investments include business activities, start-up companies, and major direct investments.
- Initial residence permit valid for five years, leading to permanent residence.
- Access to Estonia’s qualified workforce, business-friendly regulations, and a strong startup community.
- Minimum income requirements for residence permit holders.
- Business-related residence permits allow you to hire non-EU employees.
- E-Residency program for starting a business online from abroad.
- No tax on worldwide income.
- Transparent and straightforward company formation process.
- Potential to apply for Estonian citizenship after living in the country for several years.
Program Qualifications
- Applicants must meet income requirements.
- Various types of investments, including start-ups, are accepted.
- Evaluation by an expert committee is required for some investments.
- Golden visa holders must have a place of residence.
- Compliance with Estonian language and loyalty requirements.
- Health insurance is compulsory for the entire stay.
- Subsistence levels for income requirements are specified.
Types of Investments and Fees
- Business activities (minimum investment of 65,000 euros).
- Self-employed sole traders (minimum investment of 16,000 euros).
- Start-up companies (evaluation by an expert committee required).
- Major investors (minimum direct investment of 1,000,000 euros).
Fees:
Visa type | Fee |
Business activities (minimum investment of 65,000 euros) | €160 |
Self-employed sole traders (minimum investment of 16,000 euros) | €160 |
Start-up companies (evaluation by an expert committee required) | €160 |
Major investors (minimum direct investment of 1,000,000 euros) | €160 |
Please note that these fees are subject to change at any time, so it is always best to check with the Estonian embassy or consulate for the latest information.
In addition to the above fees, applicants may also be required to pay other fees, such as:
- Medical examination fee
- Police clearance certificate fee
- Visa application processing fee
FAQs
What are the main pathways to obtain a temporary residence visa in Estonia through investment?
Business activities, start-up companies, or major direct investments are common routes.
How can I initiate the application process for a temporary resident visa?
Start by contacting a relevant embassy or consulate or seeking assistance from legal advisors.
What is the maximum duration of stay with a temporary resident visa in Estonia?
Temporary resident visas are valid for up to four years, after which you can apply for permanent residence.
What is the minimum investment required for different types of investments in Estonia?
Business activities (65,000 euros), self-employed sole traders (16,000 euros), start-up companies (evaluation required), major investors (1,000,000 euros).
Are there additional requirements for citizenship applications in Estonia?
Estonian language proficiency, passing an exam on the Constitution and Citizenship Act, and having legal income and a place of residence.
Can I apply for a golden visa while already in Estonia?
If you’re in Estonia, submit your application to the Police and Border Guard Office.
Can I apply for an Estonian residence permit for business purposes?
Yes, Estonia’s business-friendly environment makes it an excellent choice for entrepreneurs.
Are there specific criteria for obtaining a startup visa in Estonia?
The business should be innovative and scalable, with potential for global growth, and evaluated by a startup committee.
Are major investors in Estonia required to maintain the investment amount?
Yes, the investment must remain permanent during the residence permit’s validity.
Can an e-resident use the same visa to obtain Estonian residency?
No, e-residency and residence permits for business purposes serve different purposes.
Is there an immigration quota in Estonia?
A quota applies to non-US and non-Japan citizens, with exceptions for start-up or majority investors.
What is the post-arrival process for new golden visa holders in Estonia?
Registration of place of residence, finding suitable accommodation, language learning, and children’s school or kindergarten.
Make Estonia your second home
Visa-Free Countries
POPULATION:
1,322,765
GDP (per capita):
$25,690 (PPP)
GDP (purchasing power parity):
$34 billion (PPP)
CAPITAL CITY: Tallinn
TIME ZONE: UTC+2 (Eastern European Summer Time)
TOTAL AREA: 42,390 square kilometers
LANGUAGES: Estonian (official), Russian
CURRENCY: Euro (EUR)
MAIN INDUSTRY: Information and communication technology (ICT), electronics, machinery, and wood products.
SCHENGEN/ EU: Yes
KEY ADVANTAGES
- Digital Pioneering: Estonia leads in digital innovation, providing residents with easy access to online services, streamlining administrative tasks and fostering a dynamic business atmosphere.
- Quality of Life: Estonia offers a high standard of living, with affordable healthcare, education, and a strong social support system. The country’s pristine nature allows for a wide range of outdoor activities.
- Cultural Richness: Estonia’s vibrant cultural scene, from traditional folk arts to contemporary creativity, enriches residents’ lives through festivals, museums, and diverse cultural events.
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Disclaimer
The materials contained in this page are provided for general information purposes only and are not intended to provide legal or other professional advice. Processing times and costs will vary depending on a number of factors. CitizenMatch is not responsible for any changes to the time and cost estimates; we can provide specific information on an individual basis. All rights reserved.