Internationals engaged in the IT sector make almost a quarter of the employees of this field in Estonia, according to a recent statement of the Estonian government.
The press release quotes the Prime Minister of the country Jüri Ratas, who talked on the issue during a meeting with representatives of start-ups, in which were discussed the opportunities for helping the private and venture capital market get more in shape, SchengenVisaInfo.com reports.
According to Ratas, start-ups and the IT sector have high potential on offering high value-added products.
“As almost a quarter of the employees in this sector are foreigners, because of our economic growth and competitiveness, it is important that Estonia must be a country where foreign talent wants to come,” Estonia’s Prime Minister pointed out.
He also added that together with the Ministry of Economic Affairs and Communications and the representatives of the sector will find common solutions to support startup entrepreneurs.
During the meeting, it was also discussed the current situation in the startup sector. According to the Estonian Startup Database, a total of 1,105 startups with almost 6,300 employees are registered in Estonia. As for the salary in this sector, it amounts to 2,508 euros, nearly 1.8 times higher compared to the average wage in Estonia.
Throughout the meeting, was also discussed the introduction of new employment relations forms, in order to make labour legislation more flexible, some of which were proposed by start-up companies.
“Working in Estonia and investing in it must be as easy as possible, and the legislation regulating it is supportive and relevant,” the PM highlighted.
Estonia is among the EU countries with the highest number of startups per capita, according to e-Estonia. IT companies located in Estonia offer strategic consulting, IT development for reliable e-solutions and change management.
Estonia is one of the friendliest countries in Europe for IT workers and companies. It even has a Digital Nomad Visa, which permits internationals to work for overseas employers or as a freelancer.
Through the Digital Nomad Visa, aliens who are occupied in jobs independent of location can work remotely in Estonia. Technology, together with finance and marketing are main sectors in which internationals are engaged through the DNV, in Estonia.
Also, Estonia’s e-Residency program, which is being considered successful, will be expanded in 20 different countries across the world.