Start-up entrepreneur in Finland

This visa is for a residence permit if you intend to come to Finland as a start-up entrepreneur.

Finland

Cost

The application fees for this visa would be $556.

Income

The minimum required monthly income for this visa is $1182.

Duration

This visa allows you to stay in the country for a duration of ∞ months.

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Additional details

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Residence permit application for a start-up entrepreneur

Apply with this application for a residence permit if you intend to come to Finland as a start-up entrepreneur. You must obtain a positive Eligibility Statement from Business Finland before you can apply for this permit. A start-up entrepreneur cannot get a residence permit without a positive statement from Business Finland.

This is what you should do

  1. Make sure you meet the requirements for the residence permit you are applying for.
  2. Make sure you have all the attachments needed. If necessary, have them translated and legalised. The processing time may be longer if you have not filled in your application sufficiently.
  3. Fill in your application.
  4. Pay for your application in the online service Enter Finland, at a Finnish mission (embassy or consulate) or at a service point of the Finnish Immigration Service.
  5. If you are abroad, visit a Finnish mission (embassy or consulate). If you are already in Finland, book an appointment at a service point of the Finnish Immigration Service.
  6. Wait for a decision. The Finnish Immigration Service will contact you if necessary.
  7. Read what happens after you have applied. Check the estimated processing time of your application here.
  8. You should wait for the residence permit in the same country or locality where you submitted your application and proved your identity.

General requirements for entry into Finland

Make sure you meet the general requirements for entry into Finland before you submit an application.

  1. You have a valid passport.
  2. You have not been prescribed a prohibition of entry.
  3. You are not a danger to public order and security.
  4. You are not a danger to public health.
  5. You are not a danger to Finland’s international relations.

Requirements

You must also meet the following requirements:

  1. You are a start-up entrepreneur.
  2. You have a positive Eligibility Statement from Business Finland.
  3. You have secure means of support. You must have sufficient financial resources (at least EUR 1,000 per month) for your living costs in Finland.

Right to work

  • With a Finnish Startup Permit you can work for another employer without a separate residence permit for an employed person. The main purpose of your stay in the country must, however, be entrepreneurship.
  • If you apply for an extended permit, check if you have the right to work while your application is being processed.

General attachments

  • Valid passport (you must present it when you submit the residence-permit application)
  • Passport photo complying with the photo guidelines issued by the police or a photograph retrieval code you received from a photo shop, OLEL_PK
  • Colour copies of the passport page containing personal data
  • Document showing that you are legally staying in the country where you submit the application
  • Form MP_1 (if you already are in Finland and apply for your first residence permit)

Application-specific attachments

  • Eligibility Statement from Business Finland (no more than two months old) (if you are applying for your first Finnish Startup Permit)
  • Statement on income (e.g. bank statement or statement on other assets that can be transferred to Finland)
  • The most recent financial statements and the latest updated accounts (income statement and balance sheet) from the beginning of the accounting period (if you are applying for an extended permit as a start-up entrepreneur)
  • Expected processing time for an electronic application First permit 3–5 month / extended permit 2–4 months Expected processing time for a paper application First permit 3–5 month / extended permit 2–4 months Electronic application fee First permit 350 € / extended permit 260 € Paper application fee First permit 480 € / extended permit 260 €

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