22.02.2017

News

‘Start-up visa’ to attract entrepreneurial non-EU nationals to Estonia

As from 18 January 2017, it has become easier to obtain a temporary residence if you have a good business idea. Simply apply for a ‘Start-up visa’.

Estonia is quite restrictive when it comes to immigration. There is a quota of a maximum of 1,300 temporary residence permits per year, not including refugees under EU’s relocation programme, and last year this quota was filled before the end of the year.

The start-up scene in Estonia is, however, rather vivid, and many entrepreneurs, who want to come, are hindered by the restrictive immigration rules. So a change was needed.

As from 18 January 2017, the Estonian Aliens Act includes an exemption making it easier to obtain a visa if you have a good business idea. This is called a ‘Start-up visa’.

How do I apply for the ‘Start-up visa’?

If you want to apply for a Start-up visa, you start by submitting your business idea via the Internet to an expert panel that will assess the idea. The expert panel consists of members of the Estonian start-up community, and you will receive their decision within ten days.

If they like your idea and think it has potential, you will get a visa to come to Estonia and try to make business out of your idea. There is also a possibility to apply for Start-up visas for further employees needed in the start-up.

The visa can later be prolonged, and in the long run you can be eligible for a permanent residence permit.

Read more about this innovative way of attracting talent from outside the EU

Need help applying?

Contact Partner Karolina Ullman (karolina.ullman@njordlaw.ee) if you need help enhancing your chances of obtaining a Start-up visa. She worked with the Estonian entrepreneurial community for over a decade, and, thus, she can help access and enhance your chances.

Latest news

NJORD LATVIA: TAX EVASION. POSSIBLE TRENDS

Recently at a joint press conference with the Prosecutor General, head of the Financial Intelligence Unit (FIU) of Latvia Ilze Znotiņa said that the service she leads is planning to actively tackle suspicious transactions in the tax area and collect information on tax evasion. She also made it clear that these transactions do not turn into secrets, even if persons switched to the banks or payment institutions in other countries.

Get the latest legal news

We gladly share our knowledge with you. Subscribe to our newsletters.

Subscribe here