Estonia Country Profile

Passport Ranking
34/198
Passport Score
174.7
Visa-free Countries
154
Show More
Region
Europe
Capital City
Tallinn

Largest City
Tallinn
Currency
Euro

Languages
Estonian, Russian (widely spoken)
Population
1.3 million

Life Expectancy
77.9 years
GDP (nominal)
$39.1 billion

GDP/Capita
$29,324
Cost of Living
Climate
Safety
Pollution
English Proficiency
Inexpensive (3/7)
Average (3/5)
The Safest (1/7)
Very clean (1/5)
High (2/5)

Taxation Type: Residence-based

Sovereign Research's take:

Estonia is part of the European Economic Area (EEA), allowing its citizens to live and work in any other EEA country, plus Switzerland. (The EEA consists of 27 European Union countries plus Iceland, Norway and Liechtenstein.)
Estonia is one of the three Baltic States. All three of these countries – Latvia, Lithuania and Estonia – have fared quite well since discarding most of their Soviet legacies.

Among the three, Estonia is the brightest star. Estonians are richer, more efficient, and more pro-business in their mindset than Latvians and Lithuanians. 

Culturally they also tend to gravitate more towards Finland. That also means that they’re anti-corruption, pro-healthy living, pro-business and pro-innovation.

That’s one reason why Estonians have this quirky obsession with being the most technologically advanced and efficient country on Earth.

Estonians will say, “I’m from Estonia. If you’ve never heard of it, we invented Skype.”

Estonia is also the first country to offer something revolutionary: an E-Residency program. 

As the name suggests, it is solely an electronic residency in Estonia, and has nothing to do with physical residency. This digital identity is available to anyone in the world interested in running a location-independent business online.

And Estonia is a sound place to structure a company, especially if you’re doing business in Europe. It’s also a reasonable place to bank.

If you decide to move there, chances are you will choose to live in Tallinn, Estonia’s capital and largest city. It is incredibly picturesque; a fairy tale location.

However, in a country of only 1.3 million people, even the largest city is not that large. Consequently, Tallinn’s population hovers around 400,000 people only. You better enjoy quiet cities if you plan to live there.

Conveniently, Estonia now also offers a Digital Nomad Visa, which will allow you to spend a year in the country, and perhaps use it as a base to explore the rest of Europe.

Just keep in mind that proximity to Finland doesn’t only bring the benefit of northern European efficiency, but also northern European ice, snow and frigid temperatures in winter. The harsh climate is definitely something to consider before moving there..

Service Providers available in Estonia in Sovereign Research's Rolodex:

  • Tax advice (attorneys and/or accountants)
  • Corporate services (company formation, etc.)
Obtain access by signing up for Sovereign Confidential

Estonia inside Sovereign Research resources
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