Startup — Start-up Entrepreneur Residence Permit (Startup-yrittäjän oleskelulupa)
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Startup — Start-up Entrepreneur Residence Permit (Startup-yrittäjän oleskelulupa)

Investment PR PathwayThis visa can lead to permanent residency, the right to live and work here indefinitely without renewing your visa. Dependents Allowed

At a Glance

Processing Time

2 weeks – 2 months

Estimated Cost

EUR €230–€800

Varies by filing options

Stay Duration

2 years

Renewable

Renewal

Renewable

Family

Dependents allowed

PR Pathway

Yes

Sponsor

No job offer needed

Work

Remote not required

Overview

Residence permit for founders of innovative startups approved by Business Finland, valid for up to 2 years with renewal to 4 years total.

Finland's Start-up Entrepreneur Residence Permit is for founders of innovative startups with a positive qualification Statement from Business Finland. The Finnish Immigration Service requires a scalable business model, sufficient financial resources (EUR 1,210/month minimum), and demonstrated expertise. The main activity must be startup entrepreneurship, with flexibility for additional employment.

The permit is valid for up to 2 years (renewable, with a 4-year total cap). Application fees are EUR 650 online or EUR 800 by paper. Processing typically takes 2 weeks, with some cases reaching 2 months. Holders can transition to permanent residency, and spouses have unrestricted work authorization.

This visa is ideal for international founders of venture-backed startups in technology and innovation sectors seeking to build in Finland.

Cost Breakdown

Application fee (online, first permit)EUR €650
Application fee (paper, first permit)EUR €800
Application fee (online, extended permit)EUR €230
Application fee (paper, extended permit)EUR €430
TotalEUR €230–€800

Stay & Extensions

Initial grant2 years

Conversion Paths

Visas you can typically switch to from this status.

P-Permit — Permanent Residence Permit (Pysyvä oleskelulupa)
Finland flagFinland

Requirements

PUBLISHED REQUIREMENTS

Must have a concrete business plan for an innovative, scalable startup.

Must obtain a positive 'qualification Statement' from Business Finland.

Must actively work in the company (not a passive investor).

Must have sufficient financial resources to cover living costs for the duration of the permit (approx. EUR 1,210/month in 2026).

Company must be registered or in the process of being registered in the Finnish Trade Register.

KEY CRITERIA

Min. Income

14,520 EUR/yr

REQUIRED DOCUMENTS

Valid passport with color copy of personal data page

Passport photo (max 6 months old) or photo retrieval code

Proof of legal residence in the country of application

Positive qualification Statement from Business Finland (no older than 4 months)

Proof of financial resources sufficient for stay (bank statements, startup funding decisions, company accounts, or other continuous income documentation)

Form MP_1 if already residing in Finland (proof of legal stay)

Advantages & Considerations

Key Benefits

  • Spouse can work without employment restrictions during permit validity
  • Fast-track processing available for online applications via Enter Finland
  • Access to Finland's innovation-focused startup ecosystem and Business Finland grants
  • Family reunification allowed; dependents supported under the permit
  • Potential pathway to permanent residency through conversion to fi-permanent after meeting residence requirements
  • Active role in startup entrepreneurship; not passive investment only

Worth Knowing

  • Qualification Statement from Business Finland is mandatory and must be no more than 4 months old at application
  • Must demonstrate sufficient financial resources for full stay duration (approx. EUR 1,210/month minimum in 2026)
  • Application fee EUR 240; processing timeline varies based on completeness of Business Finland vetting
  • Permit strictly requires active operational work in the startup, not passive equity holding
  • Business Finland qualification Statement denial ends pathway; no alternative route if the statement is rejected
  • Startup must maintain innovative status; failure to meet Business Finland benchmarks risks renewal qualification

Application Process

1

Obtain qualification Statement

Apply via Enter Finland on behalf of your startup team; Business Finland evaluates your business model, scalability, and team expertise

2

Prepare documents

Gather passport, financial proof, and ensure qualification Statement is no more than 4 months old

3

Submit application

Complete and submit residence permit application in Enter Finland (electronic, preferred) or on paper form OLE_YRI

4

Pay fee

EUR 650 (online) or EUR 800 (paper) for a first permit

5

Prove identity

Attend appointment at a Finnish mission or VFS Global service point within 5 working days of submission

6

Await decision

Most cases decided within 2 weeks; minority of cases up to 2 months

Application Forms

Go to application portal
OLE_YRI
Residence permit application for entrepreneur (paper form); use Enter Finland online service as the preferred electronic alternative
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Eligibility Statement (Business Finland)
Mandatory pre-requisite; applied for via Enter Finland before the residence permit application; must be no more than 4 months old at time of permit application
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