Reasons for a relocation vary among the cases. When a company based in Estonia launches a relocation of an existing employee from abroad, it usually comes to business feasibility and an objective shortage of personnel on the Estonian market. In IT, for example, the lack of staff will amount to around 7,000 employees in the next decade, as
Work in Estonia mentions.
Along with staff shortage, Estonian companies may consider that an employee from outside, i.e. outside EU and EEA, creates fewer costs, even put together with relocation costs, than a local employee. Again, it’s popular among IT specialists. To settle: a
min wage in Estonia in 2022 is €654, and an
average wage in IV of 2021 is €1625.
The interest of any entrepreneur to reduce business costs is natural. But in this case, you have to be prepared to meet legal requirements to relocate in Estonia and keep
labor market protection rules in mind. The same applies to foreign businessmen who have got Estonian companies through the e-Residency program and consider relocation for their employees or themselves.
Startups, niche IT companies as well, and other e-residents of Estonia are looking for a more sustainable environment to live in. No wonder, some of them begin to consider Estonia as a place of physical residence as they experience its convenient services and safe environment.
A relocation process takes more resources for e-resident companies than for those who are already on the ground. But there are, for instance, preferential terms for
startups to get a visa and move to Estonia.
While you’re not going to relocate the whole team from another country to Estonia, at least at once, you might be thinking about moving a couple of others. It can be worthy to have a company representative in the country of juridical residence, for example, for life talks with your partners in Europe.