Estonia is a small country with a lot to offer. In recent years, it has become known for its innovative approach to governance, and one of the most notable examples of this is the Estonia e-residency program.
The Estonia Startup Visa is intended for technological products/services that have the potential for rapid global expansion. Restaurants, online retailers, IT service providers, and sole proprietorships are not startup companies.
The applicant's business must conform to the Aliens Act's definition of a startup. According to the Aliens Act, a start-up is a business unit owned by a company registered in Estonia that is commencing operations and whose objective is to develop and launch an innovative and repeatable business model with significant potential for global growth and which significantly contributes to the development of the business environment in Estonia. There is no minimum investment; application costs round up to around $200.
Under standard conditions, if you own a stake in a company or are a sole proprietor and have invested at least 65,000 euros in capital for business activity in Estonia, you are eligible for residency (in the case of a self-employed person, 16,000 euros).
Investment can be considered the company's equity capital, subordinated liability, and the amount of registered fixed assets.
A major investor is an alien who has made a direct investment of at least 1,000,000 euros in a company entered into the commercial register of Estonia that invests primarily in the Estonian economy, or an investment in an investment fund whose instruments are invested primarily in companies entered into the commercial register of Estonia, according to the fund's investment policy.
Invest at least 1,000,000 EUR in the Estonian economy.
Estonia e-residency is a virtual residency program that allows anyone in the world to access Estonia's digital services. This includes things like signing documents electronically, opening a business, and filing taxes. The program has been incredibly successful, with over 50,000 people from over 140 countries signing up for e-residency since it was launched in 2014.
Anyone can apply - the fees are €100
According to the SovSpot Passport Ranking Index, the Estonian passport is presently ranked 12th. It allows people to travel to 184 countries without needing a visa. It is one of the best-ranked passports in the world, with a high mobility score. Visa-free travel and visa-on-arrival are available to Estonian passport holders in countries such as the United Kingdom, United Arab Emirates, Japan, and the European Union as a whole. This enables for almost instantaneous travel opportunities all around the world. Estonian passport holders, on the other hand, need a visa to visit around 45 countries around the world. China, India, and Australia are among the countries that require a visa.
The number of countries Estonia passport holders can enter without a visa (i.e. visa-free countries) and those Estonia passport holders can enter by obtaining a visa on arrival (i.e. visa-on-arrival countries) or an electronic travel authorization is added up to determine the Estonia passport ranking relative to other global passports (eTA). There are now 140 visa-free countries for Estonia passport holders, 35 visa-on-arrival countries for Estonia passport holders, and 9 eTA destinations. In total, Estonia passport holders can visit 184 countries without a visa, via a visa on arrival, or using an eTA. As a result, the Estonia passport is ranked number 12 in the world. Apart from these Estonia visa-free and visa-on-arrival countries, Estonia passport holders must also apply for a physical visa or an eVisa to visit 45 other countries (i.e. visa required countries).
Citizenship by descent is only applicable to the first generation in Estonia. So, regardless matter where you were born, if one of your parents was an Estonian citizen at the time of your birth, you are immediately an Estonian citizen. However, you must reapply for citizenship if your parents revoked your citizenship before you turned 18. The Police and Border Guard Board administers citizenship applications and inquiries.
Note: Keep in mind that the costs for citizenship by descent applications can vary and depend on many factors, such as:
* In the case of first generation citizenship by descent, we assumed ONLY administration costs, which will be around $100 or less (usually free if application is done in the same country versus foreign embassy or consulate)
We are currently working on updating all countries with digital nomad visas, check back soon. If you register we will send out a notification email as soon as these are added.
Indonesia, particularly Bali, has long been a preferred digital nomad destination. The new Indonesia digital nomad visa will soon be available to remote workers. This