Finland is a highly developed country with a stable and innovative economy. The low level of corruption, a reliable banking system and government support create a favorable business environment for startup entrepreneurship. Another important advantage is that Finland’s corporate tax rate (20%) is one of the lowest in the EU.
Foreigners can apply for a residence permit in Finland by registering a startup under an accelerated procedure. However, entrepreneurs’ feedback in reality has shown that in order to launch a startup in this country, it is important to have a clear understanding of the process.
Clients of iWorld say in their reviews that it is possible to become a resident of Finland, but it is difficult to do without legal support in this case. The main thing is to choose the right basis and get professional help. Lawyers select the optimal business program, accompany you from registration of a startup to obtaining a residence permit. What opportunities this status opens up in Finland are told by iworld.com experts and reviews of business immigrants.
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Benefits of Finnish Residence Permit
- Residents are entitled to study and research grants, tax benefits and other social rights similar to those of Finnish citizens.
- No double taxation for entrepreneurs with Finnish residence permit when doing business in the EU.
- Possibility to use quality medical services.
- The residence permit status allows to work legally in Finland without additional permits.
- The entrepreneur is not limited in the amount of investment and number of employees, but some types of activities may require initial capital to open a company.
- Residents can apply for Finnish citizenship after 6 years of continuous residence in Finland.
- Access to the European market, as well as to neighboring Scandinavian and Baltic countries, which positively affects the development and scaling of business.
- Minor children, spouse can apply for a Finnish residence permit at the same time as the main applicant.
- Language skills are not mandatory, as there are no examinations or interviews for obtaining a residence permit.
iWorld: Reviews on Obtaining a Residence Permit, what you Should Know in Advance
Finland is characterized by a loyal and predictable business environment due to its stable economy and developed infrastructure. The state supports start-up entrepreneurs through various programs, which facilitates the implementation of innovative ideas.
The country attracts entrepreneurs of various nationalities, including South Asians, as evidenced by a real case study of iWorld.
A client from Bangladesh applied for a Finnish residence permit through the Startup Permit program for startup entrepreneurs. The applicant already had a functioning business in the UAE and Bangladesh, and iWorld’s lawyers helped him expand to the European market. The client’s spouse and two minor children were also included in the residence permit application.
The feedback states that the lawyers analyzed the activities and helped to draw up a business plan according to Business Finland’s requirements. Upon arrival in Finland, iWorld employees accompanied the client to the migration office and then helped him open a bank account in Finland. Judging by the feedback, the client was satisfied with the result of cooperation, and in his opinion, it is comfortable and productive to do business in this country.
According to the feedback and experience of iWorld’s lawyers, before applying for a Finnish residence permit on a startup visa, one should take into account the following nuances:
- The Startup Permit can be used if the immigrant has a contract with a Finnish employer, is an employee of an organization or a startup.
- The business plan must be convincing and realistic in order to attract interest and get approval from Business Finland.
- The Startup Permit was originally intended for IT and digital technology professionals. Entrepreneurs of other activities should look at other types of visas, as their applications may be rejected.
- When moving, it is also necessary to provide a document that confirms that the applicant has the means to live in the country until his company begins to generate income (approximately 1000 euros per person).
- The residence permit is issued for a period of two years only. If the entrepreneur will not be able to realize his project and will not develop it, the extension of the residence permit may be refused.
The reviews about iWorld mention that the applicant does not have to have a ready-made business plan or idea, the lawyers themselves will propose a startup project in accordance with the requirements of the Finnish government and help to draw up the necessary documentation. All that is required of the applicant is that he/she is of legal age, has no EU citizenship and no criminal record. Reviews show that startups in Finland are rapidly developing thanks to venture capital and a favorable business ecosystem.
How to Get a Consultation with iWorld Specialists
iWorld is an international law firm that provides a full range of services in the migration field. It has been officially operating since 2021 with its main office in the UAE. It has offices in Serbia and Montenegro. Areas of activity – registration of immigration statuses (citizenship, residence permit) in Europe, Latin America, the Caribbean and South Asia. Judging by the reviews about iWorld, the lawyers work with the most popular and reliable migration programs, help with the relocation of existing businesses and offer startup projects to enter the European market. Foreign nationals have the opportunity to do business in the most developed EU countries, of which Finland is one.
It is possible to arrange a consultation with lawyers by filling out the feedback form on the official website of the company. Clients note in their feedback that the specialists promptly respond to the requests left, provide extensive information about the procedures according to the objectives of the applicants. Feedback also indicates that lawyers provide legal support at every stage, including preparation of documents, drafting a business project and personal support. In their feedback, immigrants claim that it is much easier and faster to obtain citizenship or residence permit with the support of lawyers. Real reviews of partners, publications in the media and hundreds of successful cases also confirm the clients’ opinion of iWorld.
Residence Permit in Finland in 2 Months on a Turnkey Basis
The lawyers of iWorld immigration company help to apply for a Finnish residence permit with a startup visa in 2 two months. Residency is granted for a period of 2 years with the subsequent possibility of extension.
Stages of the procedure and what is required from the applicant:
- Consultation with a lawyer. Here the applicant learns in detail about the procedure itself, asks questions of interest.
- Signing of the contract. When agreeing on the terms of cooperation, the parties sign a contract that provides guarantees and confidentiality of the client’s data.
- Presentation of the project. If the immigrant does not have a business plan, the lawyers themselves select a project that will meet the conditions of participation in the program and get good reviews when considering the commission Business Finland.
- Issuance of a national D visa. The applicant submits documents to the consulate to obtain a permit to enter the country accompanied by a lawyer. The procedure is also possible online.
- Verification of identity. The applicant undergoes identity verification in Finland and provides the originals of the documents attached to the application.
- Assignment of the residence permit by the Finnish Immigration Service. Lawyers notify the decision of the public authority. If the applicant submitted the dossier online – the notification comes to the e-mail.
- The applicant receives a residence permit card through the Finnish Immigration Service.
Reviews about Finland
Immigrants who have moved to Finland on a startup visa note in their reviews the favorable conditions for life and entrepreneurship in this country. A stable economy and lack of corruption make this location attractive to many businessmen. Finland also remains the safest country in the world, which is why many immigrants love it so much.
