Minimum income
$1,392/mo
EUR 1,210 a month
Stay
24
months, renewable
Application fee
$520
Tax
Worldwide
Progressive income tax up to ~57%
Path to staying
- Residence permit24 months
- Renew48 months at a time
- Permanent residencyafter 4 years
- Citizenshipafter 5 years
- Permanent residency 4 years
- Citizenship 5 years
- Dual citizenship allowed
- Language required for citizenship B1
Overview
- Country
- Finland
- Program
- Finland Startup Permit
- Local name
- Startup-yrittäjän oleskelulupa
- Type
- Startup
- Status
- Active
- Initial duration
- 24 months
- Renewable
- Yes (48 mo)
Two-year residence permit for startup entrepreneurs with a positive Eligibility Statement from Business Finland. Fast-track processing in two weeks.
Financial requirements
- Income requirement
- EUR 1,210/mo (~$1,392 USD)
- Application fee
- $520
Eligibility
- Minimum age 18+
- Criminal record check required
- Health check not required
- Health insurance not required
- Endorsement Committee
Work rights
- Employment not allowed
- Self-employment allowed
- Own a business allowed
- Work permit included no
Family and dependents
- Dependents allowed
- Yes
- Spouse included
- Yes
- Max child age
- 18
- Parents allowed
- No
Benefits and mobility
- Schengen access
- Bank account can open
- Property purchase allowed
- Public healthcare access granted
- Must be primary residence required
Tax
- Tax regime
- Worldwide
- Regime name
- Progressive income tax up to ~57%
- Foreign income taxed
- Yes
- Capital gains taxed
- Yes
How to apply
- Method
- online
- Processing time
- 14–60 days
- Apply from abroad
- Yes
Notes
Must obtain Eligibility Statement from Business Finland (valid 4 months). Fast-track in 2 weeks possible. Only 1 team member needs the statement. Finland allows dual citizenship.