Hundreds of entrepreneurs from 47 different countries have applied for Estonia’s dedicated start-up visa during the programme’s first 12 months.
Officials received 325 applications under the scheme, which aims to boost Estonia’s economy by providing visas for non-EU citizens ready to launch their own start-up. The majority of applications came from India, Russia, Ukraine, Pakistan and Turkey.
To qualify for a visa, entrepreneurs must provide their business details to be approved and evaluated by a dedicated start-up committee. In the scheme’s first 12 months, the group approved 43 per cent of applications, accepting 140 new entrepreneurs while rejecting a futher 170. Another 15 applications are still being processed.
Source: Estonian World