Estonia ~ Residence Permit for Innovative Entrepreneurs
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Estonia ~ Residence Permit for Innovative Entrepreneurs

Estonia ~ Residence Permit for Entrepreneurs

Time to Permanent Residency: 5 Years ~ Time to Citizenship: 10 Years

Under the Aliens Act, Non-EU citizens may apply for a temporary residence permit if they settle with a spouse, close relative or family reunification, to study, work or do business. In order to qualify for temporary residence, medical insurance and proof of income twice the level of subsistence in Estonia is required. In 2019, the subsistence level is €150 per month for the first family member and €120 per month for each additional family member.

The issuance of residence permits is subject to the annual immigration quota, which cannot exceed 0.1% of the Estonian permanent population in one year. This does not apply to American or Japanese applicants or to citizens applying for residency to do research or study.

Investment

Startup Investment

You may obtain a temporary residence in Estonia, if you are starting a company with the aim of developing and launching a business model with such great, innovative and reproducible global growth potential that it will contribute substantially to Estonia’s business environment. The project must be previously evaluated and approved by an expert committee of the Ministry of the Interior.

A temporary residence permit has a validity of 5 years. After that, you may renew the permit or apply for permanent residency, provided that your place of residence has been entered in the Estonian population registry, you have health insurance, permanent legal income (€ 260 / month) and an Estonian language B1 level.

After living in Estonia for 8 years, 5 of which must be through holding a permanent residency permit, you may be eligible for naturalization. To become a citizen, you must have proficiency in the Estonian language, pass an exam of the Constitution and the Citizenship Law, a permanent legal income (€260 / month) and loyalty to the Estonian state.

Estonia does not recognize dual citizenship for naturalized citizens. Anyone who is granted with Estonian citizenship by naturalization must renounce its previous nationality.

Requirements

– Must be National of a Non-EU Country.
– Approval of the expert committee of the Ministry of the Interior.
– Have an actual place of residence is Estonia and register it in the Population Register.
– Have health insurance.

Documents Required

  • One passport-size photo
  • Evidence of Health Insurance
  • Proof of income
  • Proof of Residential arrangements
  • Business Plan
  • Investment Plan
  • Original or Certified copy of Birth Certificate (if applicable)
  • Original or Certified copy of Marriage Certificate (if applicable)
  • Receipt of payment of fees
  • Original and photocopy of passport
  • Expert committee statement

Please do not hesitate to contact us to discuss your case today. Thank you

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