Business, Estonia, EU – Baltic States, Technology
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Friday, 19.04.2024, 05:05
Applications for Estonian startup visa filed from 29 countries
Rivo Riistop,
project manager for the Startup Estonia visa project, said that interest in the
visas has surpassed the expectations they had when the program was launched.
"It's good to see that the interest has largely emerged
organically via Estonians and recommendations from friends in Estonia,"
Riistop said.
He said the expert committee handling the applications has
given a positive response to 39 applications and a negative response to 62
applications, with 5 applications still being processed.
"The countries where the biggest numbers of candidates
come from are Ukraine, India, Russia, Belarus and Turkey. Candidates from
Ukraine, Belarus and Turkey have proven the most successful," Riistop
said.
Tomi Piriyev from
Ukraine, one of the first persons issued a startup visa for business, said the
possibility to relocate his business to Estonia came at the right time. "I
had been an e–resident for some time when I came here to look what things
actually are like in Estonia. After seeing how well public services function
here and how easy it is to engage in business, I wanted to relocate my company
to Estonia physically too. For me the startup visa initiative came exactly at
the right time," Piriyev said.
Avijit Sarkar, an
entrepreneur from India, said that he has only positive experiences from
Estonia so far. He specifically highlighted the warmth of the people, good
infrastructure and positive attitude toward English speaking people in Tallinn
and Tartu.
Sarkar's company develops mobile and online apps for the
European market for booking of events, catering and entertainment.
Applications for a visa or a residence permit for employment
at a startup in Estonia have been filed by 42 people and the biggest numbers of
positive responses have been given to Ukrainian and U.S. nationals.
Applications have been filed, for instance, also by people based in Colombia,
South Africa and the Philippines, who are still waiting for an answer at this
point.
To obtain a visa or a residence permit under simplified
rules, a company must describe its business model and team to an expert panel
consisting of members of the Estonian startup community, who will make the
decision.