Finnish Startup Permit

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Finland

About

Requirements

Cost of Living

Expats

Talent Migration

About

Foreign nationals who want to enter and reside in Finland as start-up entrepreneurs, can apply for a Finnish Startup Permit. This will be a residence permit who has or will establish a start-up business in Finland.

The expected processing time for a Finnish Startup Permit is about a month at the Finnish Immigration Service. The processing fee of an online application is 450 euros and 520 euros for a paper application.

If the residence permit decision is positive, the applicant is usually granted a continuous residence permit for two years. If his or her family members apply for a residence permit at the same time, they can be granted a permit if they also fulfill the income requirement. In addition, the general requirements for granting a residence permit must be fulfilled. One of these is a valid passport.

After the first permit you can apply for an extension of the residence permit on the same grounds if the start-up entrepreneurship continues. The business must also then have the potential for fast international growth.

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Duration

24 Month(s)

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Citizenship

60 Month(s)

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Fees

1750

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P. Residency

48 Month(s)

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Processing time

3 to 4 week(s)

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COMPLEXITY

Low

What are eligibility requirements for the Finnish Startup Permit?

4 Eligibility Requirements

The applicant must apply for an Eligibility Statement from Business Finland which states that Business Finland supports the applicant acting as a start-up entrepreneur in Finland
The favourable Eligibility Statement must be attached to the residence-permit application.
The Eligibility Statement must not be more than two years old.
The applicant must have a secure means of support .

Which documents do I need to apply for the Finnish Startup Permit?

8 Document Required

Letter of support/Eligibility Statement from Business Finland
Residence-permit application, completed and signed, with Eligibility Statement attached
Evidence of secure means of support .
A valid passport/travel document.
A photo (size 35x45 mm).
Travel Insurance document.
Documents indicating the purpose of journey.

Talent Migration data for Finland

Talent gain & drain map of 2015-2019 data. Sourced from World Bank Digital Development Data.

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