Invest and Settle in Estonia

The Estonian Startup Visa is a fast and efficient way for non-EU startup founders who wish to come and be a part of one of the smallest but energetic startup communities in Europe as a founder. Estonia is one of the most dynamic countries among the new member states of the European Union. It is well-known both for its innovative drive and cozy living environment.

Requirements of Estonia Investment Visa 

• Valid passport
• Completed Application form
• 6 months Bank statement
• Valid Health insurance
• Business plan
• The company’s name and registration code.
• The business activities, clients, development plans, capital, and fixed assets.
• The company’s financial forecast for the next two years includes income statement, balance, and cash flow.
• The manager and supervisor’s CV.
• A motivation letter explaining the purpose of your visit to Estonia and your impact on the Estonian economy.

Benefits of Setting Up Business in Estonia:

• The Estonian government provides support to the would-be startup entrepreneurs.
• Estonia is situated perfectly for trade between Russia, Asia and Europe
• Estonia is known for its widespread and free Wi-Fi connections, its commitment to e-government, building its future IT skills base and other Internet-related services.
• Paperless society has its perks – conduct almost everything online and you can also become an e-resident of the country.
• Estonia’s economic freedom is regarded as one of the highest in the world and the best in the Central Eastern European region.
• Has one of the most liberal tax systems in the world – only corporate income tax is paid on dividends.
• Home to several accelerator programs for startups.

Eligibility for Estonia Investor Visa

• Innovative scalable business model with great global growth potential.
• Approval from the Startup Committee stating that matches the definition of a startup and can pursue the Startup Visa.
• Financial resources of at least 150 EUR every month. For the 1-year visa this amounts to 1800 EUR.

Processing Time:

• E-Residency Process Time – 6-8 Weeks
• Business Plan Approval & PR Application – 3 – 4 weeks from the date of online submission to the startup committee.

Application Cost:

• E-Residency Card Application – 100 EUR
• For a long-term visa, the state fee is 80 EUR. Ukrainian and Belarusian residents are exempt from paying the fee.
• The state fee for a temporary residence permit is 160 EUR (when applying in Estonia) or 180 EUR (when applying in Estonian representation).

Y-Axis Deliverables:

• Interacting with the Accredited Agent on the Application submission
• Documentation Guidance
• Provide relevant templates
• Fill Application form
• Regular Updates on your case / the process
• Guidance on Investment Process
• Business Plan Preparation