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How to Obtain a Startup Visa in Finland as an Entrepreneur

How to Obtain a Startup Visa in Finland as an Entrepreneur: Guide

If you’re an aspiring entrepreneur looking to start a business in Finland, obtaining a startup visa is a crucial step in making your dreams a reality. To do so, you’ll need to apply for a startup entrepreneur residence permit, which involves fulfilling specific criteria and meeting financial requirements. In this guide, we’ll walk you through the Finnish startup visa process, providing you with all the information you need to successfully obtain a visa and embark on your entrepreneurial journey in Finland.

Key Takeaways:

  • To obtain a startup visa in Finland, you need to apply for a startup entrepreneur residence permit.
  • You must have a positive Eligibility Statement from Business Finland and meet the criteria for startup entrepreneurship.
  • Work in the startup company must be done in Finland, and you need to demonstrate sufficient financial resources for living in the country.
  • The application process involves applying for an Eligibility Statement, completing the residence permit application form, selecting a service point, paying and submitting the application, proving your identity, and following the processing of your application.
  • The processing time for the first permit is approximately 3-5 months, and for an extended permit, it is 2-4 months.

Understanding the Finnish Startup Visa Process

Before diving into the application process, it’s important to understand the specific entrepreneur visa requirements in Finland and the steps involved in the startup visa application. To obtain a startup visa in Finland as an entrepreneur, you can apply for a startup entrepreneur residence permit. This requires having a positive Eligibility Statement from Business Finland and fulfilling the criteria for startup entrepreneurship.

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Working in a startup company is a crucial aspect of obtaining a startup visa, and all work must be carried out within Finland. In addition, you need to demonstrate sufficient financial resources to support yourself while living in the country. Once you meet these requirements, you can begin the application process.

The application process involves several steps. First, you need to apply for an Eligibility Statement. Once you have the Eligibility Statement, you can complete the residence permit application form. After filling out the form, you will need to select a service point for submission. The application fee must be paid, and then the completed application can be submitted. Next, you will visit the selected authority to prove your identity. Finally, you will need to wait for the processing of your application.

Processing Time Permit Type
Approximately 3-5 months First Permit
Approximately 2-4 months Extended Permit

You have the option to apply online through the Enter Finland service or fill out a paper application form. If you choose to apply via the fast-track service, the maximum processing time is two weeks. This service is recommended for those who require a quicker decision on their application.

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It’s worth noting that your spouse and children can also apply for a residence permit via the fast-track service if they submit their applications at the same time as you. This ensures that your family can join you in Finland without significant delays.

Applying for the Startup Entrepreneur Residence Permit

Once you have gathered all the necessary documents and information, it’s time to apply for the startup entrepreneur residence permit in Finland. To begin the application process, you will need to obtain a positive Eligibility Statement from Business Finland, which confirms that your startup meets the criteria for startup entrepreneurship. This statement is a crucial requirement for moving forward with your application.

After obtaining the Eligibility Statement, you can proceed to complete the residence permit application form. This form will ask for personal information, details about your startup, and your financial resources. It is important to fill out the form accurately and provide all the required information to avoid any delays in the processing of your application.

Once you have completed the application form, you will then need to select a service point where you will submit your application. The service point selection is done through the Enter Finland service, where you can choose the most convenient location for you. Once you have made the selection, you will need to pay the application fee and submit your application electronically.

After submitting your application, you will be required to visit the selected authority to prove your identity. This step is necessary for the processing of your application and ensures the authenticity of your documents. Once your identity has been verified, the authority will proceed with the processing of your application. The processing time for the startup entrepreneur residence permit is approximately 3-5 months for the first permit and 2-4 months for an extended permit.

Processing Time First Permit Extended Permit
Approximate Time 3-5 months 2-4 months

It is important to note that you have the option to apply online through the Enter Finland service or fill in a paper application form. The online application process is convenient and efficient, allowing you to track the progress of your application. Alternatively, for expedited processing, you can apply for a startup residence permit via the fast-track service, which has a maximum processing time of two weeks.

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Furthermore, if you are planning to include your spouse and children in your residence permit application, they are also eligible to apply via the fast-track service as long as they apply at the same time as you. This allows for a streamlined process and ensures that your family can join you in Finland without unnecessary delays.

Summary:

Applying for the startup entrepreneur residence permit in Finland requires obtaining a positive Eligibility Statement from Business Finland. Once you have the statement, you can complete the application form and select a service point for submission. After paying the application fee and submitting your application, you will need to visit the selected authority to prove your identity. The processing time for the permit varies, but you have the option to apply online or through the fast-track service for expedited processing. Additionally, your spouse and children can apply via the fast-track service if they apply at the same time as you.

Fulfilling Startup Entrepreneurship Criteria

To successfully obtain a startup visa in Finland, you need to fulfill the specific criteria for startup entrepreneurship set by the Finnish authorities. These criteria include having a positive Eligibility Statement from Business Finland and working in a startup company in Finland. Let’s take a closer look at the key requirements you need to meet.

Eligibility Statement from Business Finland

Before applying for a startup entrepreneur residence permit, you must obtain a positive Eligibility Statement from Business Finland. This statement verifies that your business idea has potential for growth and innovation, making it eligible for the startup visa program. Business Finland evaluates the viability and scalability of your business concept, as well as your entrepreneurial capabilities. It’s essential to have a solid business plan and demonstrate a clear vision for your startup’s success.

Working in the Startup Company

To be eligible for the startup visa, you must actively work in the startup company that you are founding or joining. The work must be performed in Finland, contributing to the growth and development of the startup ecosystem in the country. This requirement emphasizes the importance of your active involvement in the day-to-day operations, as well as your commitment to building a successful venture in Finland.

Financial Resources for Living in Finland

Aside from fulfilling the eligibility criteria mentioned above, you also need to demonstrate sufficient financial resources to support yourself while living in Finland. The Finnish authorities require entrepreneurs to have enough funds to cover their living expenses, including accommodation, food, and healthcare, without relying on public assistance. It’s crucial to provide evidence of your financial capability, such as bank statements or investment portfolios, to prove that you can sustain yourself during the initial stages of your startup journey in Finland.

Conclusion

Successfully obtaining a startup visa in Finland as an entrepreneur requires meeting the specific criteria set by the Finnish authorities. From securing a positive Eligibility Statement from Business Finland to actively working in the startup company and demonstrating sufficient financial resources, it’s essential to fulfill each requirement accurately. By meeting these criteria, you can pave the way for a smooth application process and increase your chances of receiving a startup entrepreneur residence permit. Remember, your spouse and children can also apply for a residence permit via the fast-track service if they apply at the same time as you, allowing your whole family to embark on this exciting entrepreneurial journey in Finland together.

Financial Resources for Living in Finland

One of the key considerations for obtaining a startup visa in Finland is ensuring you have sufficient financial resources to support yourself while pursuing your entrepreneurial endeavors. As part of the application process, you must demonstrate that you have the means to cover your living expenses in Finland.

The minimum financial resources required vary depending on your circumstances. For example, if you are applying as a single person, you must show that you have access to a minimum of 560 euros per month. If you are planning to bring your spouse or children with you, the financial requirements increase accordingly. For a spouse, the minimum amount is 470 euros per month, and for each child, it is 234 euros per month.

It’s important to note that these amounts are subject to change, so it is advisable to check the most up-to-date requirements before submitting your application. Your financial resources can be in the form of personal savings, income from self-employment or investments, or a combination of these sources.

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Number of Persons Minimum Financial Resources Required
1 560 euros per month
2 1,030 euros per month
3 1,296 euros per month

When proving your financial resources, you will need to provide documentation such as bank statements, investment statements, and proof of income. It is essential to ensure that the funds are readily available and can be easily accessed during your stay in Finland.

In conclusion, having sufficient financial resources is a crucial requirement for obtaining a startup visa in Finland. By demonstrating your ability to support yourself financially, you can increase your chances of a successful application and pave the way for a successful entrepreneurial journey in Finland.

Application Process and Processing Times

Navigating the application process for a startup visa in Finland can be complex, but understanding the steps involved and the expected processing times will help you plan accordingly. To obtain a startup visa in Finland as an entrepreneur, you will need to apply for a startup entrepreneur residence permit. This process requires a positive Eligibility Statement from Business Finland, as well as fulfilling the criteria for startup entrepreneurship.

First, you will need to work in a startup company and carry out your work in Finland. The next step is to ensure you have sufficient financial resources to support yourself during your stay in Finland. Once you have met these requirements, you can begin the application process.

The application process includes several steps. You will need to apply for an Eligibility Statement, which serves as a confirmation that you meet the requirements for a startup visa. Then, you can complete the residence permit application form and choose a service point for submitting your application. After paying the necessary fees and submitting your application, you will need to visit the selected authority to prove your identity.

Processing Time Permit
Approximately 3-5 months First permit
Approximately 2-4 months Extended permit

The processing time for the initial permit is approximately 3-5 months, while the processing time for an extended permit is around 2-4 months. It’s important to take these timelines into account when planning your application and stay in Finland.

You have the option to apply online through the Enter Finland service or submit a paper application. Additionally, there is a fast-track service available for startup residence permits, which guarantees a maximum processing time of two weeks. It’s worth noting that your spouse and children can also apply for a residence permit using the fast-track service if they apply at the same time as you.

Online and Fast-Track Application Options

Applying for a startup visa in Finland can be done through online channels or via a fast-track service for quicker processing, providing you with flexibility and convenience. The online application option allows you to complete the process from the comfort of your own home, without the need for any physical paperwork. Through the Enter Finland service, you can easily submit your application, track its progress, and receive notifications regarding any updates or requests for additional information.

If you prefer a faster processing time, the fast-track service is an excellent option. This expedited service ensures that your application receives priority and reduces the processing time to just two weeks. This can be beneficial for entrepreneurs who want to kickstart their business activities in Finland as soon as possible.

Benefits of Online and Fast-Track Application

  • Saves time and effort by eliminating the need for physical paperwork
  • Allows for easy tracking of your application’s progress
  • Enables faster processing time, with the fast-track service taking only two weeks
  • Provides flexibility and convenience for entrepreneurs

Applying for a startup visa in Finland is now more convenient than ever with the online application option and fast-track service. Whether you choose to apply online or opt for accelerated processing, these options streamline the application process and make it more accessible for entrepreneurs.

Remember, if you decide to apply online or through the fast-track service, it’s important to ensure that you have all the required documents and information ready beforehand. This will help expedite the process and increase your chances of a successful application. Take advantage of these convenient options and embark on your entrepreneurial journey in Finland!

Benefits of Online and Fast-Track Application Benefits of Online and Fast-Track Application
Saves time and effort by eliminating the need for physical paperwork Allows for easy tracking of your application’s progress
Enables faster processing time, with the fast-track service taking only two weeks Provides flexibility and convenience for entrepreneurs

Sources

  1. https://enterfinland.fi/eServices/info/startup_permit
  2. https://migri.fi/en/start-up-entrepreneur

Including Your Family in the Visa Application

If you’re planning to relocate to Finland with your family, it’s important to understand the process of including them in your startup visa application. Finland allows you to include your spouse and children in your application, making it easier for your entire family to join you in pursuing your entrepreneurial dreams.

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When applying for a startup entrepreneur residence permit, you will need to provide the necessary documentation and information for your spouse and children. This includes their personal details, such as passports and birth certificates, as well as proof of your family relationship, such as marriage certificates or adoption papers.

To streamline the process, Finland offers a fast-track service for family members. This means that your spouse and children can apply for their residence permits at the same time as you, allowing your entire family to benefit from expedited processing. By applying together, you can ensure that your family can join you in Finland as soon as possible.

Remember, when including your family in the visa application, it’s essential to meet the Finland entrepreneur visa application guidelines and follow the entrepreneur visa regulations in Finland. By providing all the necessary documentation and information, you can increase your chances of success and enjoy the wonderful opportunities that Finland has to offer for you and your loved ones.

Benefits of Including Your Family Requirements for Family Members
  • Allows your family to join you in Finland
  • Enables your children to attend Finnish schools
  • Provides access to healthcare and social benefits for your family members
  • Passports and birth certificates
  • Marriage certificates or adoption papers
  • Proof of financial resources for your family members

Conclusion

Obtaining a startup visa in Finland as an entrepreneur is a significant milestone that opens doors to new opportunities and growth for your business. To begin the process, you will need to apply for a startup entrepreneur residence permit. This requires having a positive Eligibility Statement from Business Finland and fulfilling the criteria for startup entrepreneurship.

To be eligible, you must work in the startup company and the work must be done in Finland. In addition, you need to have sufficient financial resources for living in the country. Once you have gathered all the necessary documents and information, you can start the application process.

The application process involves applying for an Eligibility Statement, completing the residence permit application form, selecting a service point, paying and submitting the application, visiting the selected authority to prove your identity, and following the processing of your application. The processing time for the application is approximately 3-5 months for the first permit and 2-4 months for an extended permit.

To make the application process more convenient, you have the option to apply online through the Enter Finland service or fill in a paper application form. If you need a faster processing time, the fast-track service is available, with a maximum processing time of two weeks. It is also worth noting that your spouse and children can apply for a residence permit via the fast-track service if they apply at the same time as you.

FAQ

Q: How can I obtain a startup visa in Finland as an entrepreneur?

A: To obtain a startup visa in Finland as an entrepreneur, you can apply for a startup entrepreneur residence permit. This requires having a positive Eligibility Statement from Business Finland and fulfilling the criteria for startup entrepreneurship. You must work in the startup company and the work must be done in Finland. Additionally, you need to have sufficient financial resources for living in Finland.

Q: What is the application process for a startup entrepreneur residence permit?

A: The application process involves applying for an Eligibility Statement, completing the residence permit application form, selecting a service point, paying and submitting the application, visiting the selected authority to prove your identity, and following the processing of your application. The processing time for the application is approximately 3-5 months for the first permit and 2-4 months for an extended permit.

Q: Can I apply for a startup residence permit online?

A: Yes, you can apply online through the Enter Finland service or fill in a paper application form.

Q: Is there a fast-track option available for the startup residence permit?

A: Yes, it is possible to apply for a start-up residence permit via the fast-track service, which has a maximum processing time of two weeks.

Q: Can my spouse and children apply for a residence permit with me?

A: Yes, your spouse and children can also apply for a residence permit via the fast-track service if they apply at the same time as you.

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