Estonia
Residence Permit for Major Investor
Estonia's Residence Permit for Major Investor allows foreign nationals who make a direct investment of at least €1,000,000 in the Estonian economy to reside in Estonia. The permit offers significant advantages over the standard business residence permit: holders are exempt from the annual immigration quota, are not required to register a place of residence in Estonia, and can renew for up to 10 years at a time.
- Must be a non-EU/EEA national
- Direct investment of at least €1,000,000 in an Estonian-registered company that invests in the Estonian economy, or in a qualifying investment fund directed primarily into Estonian companies
- The investment must be permanent (lasting) throughout the permit's validity — it cannot decrease except due to market price fluctuations
- Permanent legal income of at least €1,200 per month (six times the subsistence level)
- Valid health insurance throughout the permit period
- After 1 year, the investment requirement may be replaced by annual sales revenue of at least €200,000 or equivalent monthly social tax payments
- Valid identity document (passport)
- Application form for temporary residence permit
- Biographical data sheet and details of close relatives
- Digital photograph (white background)
- Proof of the €1,000,000 investment in an Estonian company or qualifying fund
- Documents certifying legal income for the preceding 6 months
- Health insurance contract
- Criminal record certificate from countries of prior residence (issued within 6 months, apostilled)
- Proof of state fee payment (€350 in Estonia, €380 at foreign representation)
The initial permit is granted for up to 5 years. Extensions can be granted for up to 10 years per renewal. Applications for extension should be submitted at least 2 months before the current permit expires. The investment must remain at or above €1,000,000 throughout the permit period.
Spouse and minor children may apply for temporary residence permits for family reunification. Each dependant submits a separate application with their own documents and state fee (€225 in Estonia, €255 at foreign representation). Family members must demonstrate legal income and health insurance. Dependant permit validity cannot exceed the main applicant's permit.
Tax residency is triggered by residing in Estonia for at least 183 days within any consecutive 12-month period. Tax residents pay a flat 22% income tax (increasing to 24% from 2026) on worldwide income, with a basic exemption of €700/month. Non-residents are taxed only on Estonian-source income. Holding a residence permit alone does not automatically make one a tax resident. Estonia has double taxation agreements with numerous countries.
The investment must be made before applying. Applications are submitted in person at a Police and Border Guard Board service office in Estonia (appointments via broneering.politsei.ee) or at an Estonian foreign representation abroad. Fingerprints are required unless provided within the preceding 6 years. Processing takes up to 2 months (90 days for complex cases). Upon approval, the residence permit card is produced within 30 days.
Qualifying investments include direct investment in an Estonian-registered company that invests in the Estonian economy, or investment in a fund whose policy directs resources primarily into companies registered in Estonia's Commercial Register. Portfolio investments or passive holdings that don't meet these criteria are not sufficient. The investor may change the investment beneficiary during the permit period, provided the new entity meets the same requirements and the Police and Border Guard Board is notified.
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Other Digital Nomad Visas in Europe
Country↑ | Program↕ | Income↕ | Investment↕ | Funds Required↕ | Capital Required↕ | Duration↕ | Dependants↕ | |
|---|---|---|---|---|---|---|---|---|
🇦🇱 Albania | Residence Permit for Pensioners | — | — | — | ||||
🇦🇱 Albania | Residence Permit for Real Estate Owners | — | — | — | ||||
🇦🇱 Albania | Unique Permit for Digital Mobile Workers | — | — | — | ||||
🇦🇱 Albania | Unique Permit for Investors | — | — | — | ||||
🇦🇩 Andorra | Digital Nomad Residence Permit | — | — | — | ||||
🇦🇩 Andorra | Entrepreneur Residence Permit | — | — | — | — | |||
🇦🇩 Andorra | Residence for Scientific, Cultural and Sporting Interest | — | — | — | ||||
🇦🇩 Andorra | Residence Without Lucrative Activity | — | — | — | ||||
🇦🇹 Austria | Job Seeker Visa (Red-White-Red Card) | — | — | — | ||||
🇦🇹 Austria | Red-White-Red Card for Start-up Founders | — | — | — | ||||
🇦🇹 Austria | Settlement Permit — Artist | — | — | — | ||||
🇦🇹 Austria | Settlement Permit Excluding Gainful Employment | — | — | — | ||||
🇧🇾 Belarus | Hi-Tech Park Resident | — | — | — | ||||
🇧🇾 Belarus | Investor Permanent Residence Permit | — | — | — | ||||
🇧🇪 Belgium | Professional Card for Entrepreneur | — | — | — | ||||
🇧🇪 Belgium | Rentier Residence Permit | — | — | — | ||||
🇧🇬 Bulgaria | Continuous Residence Permit for Pensioners | — | — | — | ||||
🇧🇬 Bulgaria | Digital Nomad Residence Permit | — | — | — | ||||
🇧🇬 Bulgaria | Investor Residence Permit | — | — | — | ||||
🇧🇬 Bulgaria | Startup Visa | — | — | — | ||||
🇭🇷 Croatia | Temporary Stay for Other Purposes (Property Ownership) | — | — | — | ||||
🇭🇷 Croatia | Temporary Stay of Digital Nomads | — | — | — | ||||
🇨🇾 Cyprus | Category D Immigration Permit | — | — | — | — | |||
🇨🇾 Cyprus | Category F Immigration Permit | — | — | — | ||||
🇨🇾 Cyprus | Digital Nomad Visa | — | — | — | ||||
🇨🇾 Cyprus | Permanent Residence Permit for Investors | — | — | — | ||||
🇨🇾 Cyprus | Startup Visa | — | — | — | ||||
🇨🇿 Czech Republic | Digital Nomad Program | — | — | — | ||||
🇨🇿 Czech Republic | Long-Term Residence Permit for the Purpose of Investment | — | — | — | ||||
🇪🇪 Estonia | Digital Nomad Visa | — | — | — | ||||
🇪🇪 Estonia | Residence Permit for Major Investor | — | — | — | ||||
🇪🇪 Estonia | Startup Visa | — | — | — | — | |||
🇫🇮 Finland | Residence Permit for Work in Culture or Arts | — | — | — | ||||
🇫🇮 Finland | Startup Residence Permit | — | — | — | — | |||
🇫🇷 France | Carte de Sejour Temporaire Visiteur | — | — | — | ||||
🇫🇷 France | Talent Porteur de Projet — Business Creation | — | — | — | ||||
🇫🇷 France | Talent Porteur de Projet — Direct Economic Investment | — | — | — | ||||
🇫🇷 France | Talent Porteur de Projet — Innovative Economic Project (French Tech Visa) | — | — | — | ||||
🇫🇷 France | Talent — Artistic and Cultural Profession | — | — | — | ||||
🇫🇷 France | Talent — International Reputation | — | — | — | — | |||
🇩🇪 Germany | Opportunity Card (Chancenkarte) | — | — | — | ||||
🇩🇪 Germany | Freelance Residence Permit | — | — | — | ||||
🇩🇪 Germany | Residence Permit for Financially Independent Persons | — | — | — | ||||
🇩🇪 Germany | Self-Employment Residence Permit for Business Founders | — | — | — | ||||
🇩🇪 Germany | Settlement Permit for Highly Qualified Professionals | — | — | — | — | |||
🇬🇷 Greece | Digital Nomad Visa | — | — | — | ||||
🇬🇷 Greece | Golden Visa (Permanent Residence Permit for Investor) | — | — | — | ||||
🇬🇷 Greece | Residence Permit for Financially Independent Persons | — | — | — | ||||
🇬🇷 Greece | Talent Visa | — | — | — | — | |||
🇬🇬 Guernsey | Guernsey Entrepreneur Visa | — | — | — | ||||
🇬🇬 Guernsey | Guernsey Investor Visa | — | — | — | ||||
🇭🇺 Hungary | Guest Investor Residence Permit | — | — | — | ||||
🇭🇺 Hungary | Guest Self-Employment Residence Permit | — | — | — | ||||
🇭🇺 Hungary | White Card | — | — | — | ||||
🇮🇸 Iceland | Long-Term Visa for Remote Work | — | — | — | ||||
🇮🇪 Ireland | Stamp 0 (Person of Independent Means) | — | — | — | ||||
🇮🇪 Ireland | Start-Up Entrepreneur Programme (STEP) | — | — | — | ||||
🇮🇲 Isle of Man | Innovator Visa | — | — | — | ||||
🇮🇲 Isle of Man | Start-Up Visa | — | — | — | ||||
🇮🇹 Italy | Digital Nomad Visa | — | — | — | ||||
🇮🇹 Italy | Elective Residence Visa | — | — | — | ||||
🇮🇹 Italy | Investor Visa for Italy | — | — | — | ||||
🇮🇹 Italy | Italia Startup Visa | — | — | — | ||||
🇯🇪 Jersey | High Value Residency Programme | — | — | — | ||||
🇽🇰 Kosovo | Self-Employment Work Permit | — | — | — | ||||
🇱🇻 Latvia | Investor Residence Permit | — | — | — | ||||
🇱🇻 Latvia | Long-Stay Visa for Remote Work | — | — | — | ||||
🇱🇻 Latvia | Startup Visa | — | — | — | ||||
🇱🇻 Latvia | Temporary Residence Permit for Pensioners | — | — | — | ||||
🇱🇮 Liechtenstein | Residence Permit Without Gainful Employment | — | — | — | ||||
🇱🇹 Lithuania | Startup Visa | — | — | — | ||||
🇱🇺 Luxembourg | Investor Residence Permit | — | — | — | ||||
🇱🇺 Luxembourg | Job Seeker Authorisation | — | — | — | ||||
🇱🇺 Luxembourg | Residence Permit for Private Reasons | — | — | — | ||||
🇱🇺 Luxembourg | Self-Employed Worker Residence Permit | — | — | — | ||||
🇲🇹 Malta | Global Residence Programme | — | — | — | ||||
🇲🇹 Malta | Malta Permanent Residence Programme | — | — | — | ||||
🇲🇹 Malta | Malta Retirement Programme | — | — | — | ||||
🇲🇹 Malta | Nomad Residence Permit | — | — | — | ||||
🇲🇹 Malta | Startup Residence Programme | — | — | — | ||||
🇲🇹 Malta | The Residence Programme | — | — | — | ||||
🇲🇹 Malta | United Nations Pensions Programme | — | — | — | ||||
🇲🇩 Moldova | Digital Nomad Visa | — | — | — | ||||
🇲🇩 Moldova | Investment Residence Permit | — | — | — | ||||
🇲🇨 Monaco | Residence Permit for Persons Without Professional Activity | — | — | — | ||||
🇲🇪 Montenegro | Digital Nomad Residence Permit | — | — | — | ||||
🇲🇪 Montenegro | Temporary Residence and Work Permit for Entrepreneurs | — | — | — | ||||
🇲🇪 Montenegro | Temporary Residence Permit for Property Owners | — | — | — | ||||
🇳🇱 Netherlands | Orientation Year Residence Permit | — | — | — | — | |||
🇳🇱 Netherlands | Startup Residence Permit | — | — | — | ||||
🇲🇰 North Macedonia | Personal Work Permit for Self-Employment | — | — | — | ||||
🇳🇴 Norway | Self-Employment Residence Permit | — | — | — | ||||
🇵🇹 Portugal | D7 Passive Income Visa | — | — | — | ||||
🇵🇹 Portugal | D8 Digital Nomad Visa | — | — | — | ||||
🇵🇹 Portugal | Golden Visa | — | — | — | ||||
🇵🇹 Portugal | Job Seeker Visa | — | — | — | ||||
🇵🇹 Portugal | Residence Permit for Highly Qualified Activity | — | — | — | ||||
🇵🇹 Portugal | StartUP Visa | — | — | — | ||||
🇷🇴 Romania | Digital Nomad Visa | — | — | — | ||||
🇷🇴 Romania | Long-Stay Visa for Commercial Activities | — | — | — | ||||
🇷🇺 Russia | Impatriation Residence Permit | — | — | — | — | |||
🇷🇺 Russia | Investor Residence Permit | — | — | — | ||||
🇸🇲 San Marino | Atypical Residence for Pensioners | — | — | — | ||||
🇸🇲 San Marino | Elective Residence | — | — | — | ||||
🇸🇲 San Marino | High-Tech Startup Residence | — | — | — | ||||
🇷🇸 Serbia | Investor Temporary Residence Permit | — | — | — | ||||
🇷🇸 Serbia | Property Ownership Temporary Residence Permit | — | — | — | ||||
🇷🇸 Serbia | Startup Temporary Residence Permit | — | — | — | — | |||
🇷🇸 Serbia | Talent Temporary Residence Permit | — | — | — | — | |||
🇸🇰 Slovakia | Temporary Residence for Business Purpose | — | — | — | ||||
🇸🇮 Slovenia | Temporary Residence Permit for Digital Nomads | — | — | — | ||||
🇸🇮 Slovenia | Temporary Residence Permit for Other Justified Reasons | — | — | — | ||||
🇪🇸 Spain | Entrepreneur Visa | — | — | — | ||||
🇪🇸 Spain | International Telework Visa | — | — | — | ||||
🇪🇸 Spain | Non-Lucrative Residence Visa | — | — | — | ||||
🇸🇪 Sweden | Residence Permit for Job Seeking | — | — | — | ||||
🇸🇪 Sweden | Residence Permit for Highly Qualified Persons | — | — | — | — | |||
🇸🇪 Sweden | Self-Employment Residence Permit | — | — | — | ||||
🇨🇭 Switzerland | Residence Permit Without Gainful Employment | — | — | — | ||||
🇺🇦 Ukraine | Immigration Permit for Highly Qualified IT Specialists | — | — | — | — | |||
🇺🇦 Ukraine | Immigration Permit for Investors | — | — | — | ||||
🇺🇦 Ukraine | Temporary Residence Permit for Investors | — | — | — | ||||
🇬🇧 United Kingdom | Global Talent Visa | — | — | — | — | |||
🇬🇧 United Kingdom | High Potential Individual Visa | — | — | — | — | |||
🇬🇧 United Kingdom | Innovator Founder Visa | — | — | — |