Buying a house
There is a property boom in Estonia, despite slow economic growth. Demand for property is rising, as are house prices. You can access a Detailed Buying Guide (written in 2008) as this includes advice on buying off-plan.
If you decide to rent out your property beware of the tenancy trap – when the agreement expires, the tenant can demand another three years tenancy, and then another extension and it is very hard to get rid of them.
The cost is between 2.58% and 6.0%. The main cost is the realtor’s fee, which varies between 2% to 4% according to the size of the apartment. It usually costs more than you expect, so check your finances carefully. Currency rates will affect you.
Costs vary from a one bedroom apartment in Tallinn for around £89,000 to a three bedroom apartment for around £500,000.
Working in Estonia
The European Free Movement of Workers agreement means that you can live and work in Estonia without a visa or work permit. Your ability to find a job depends upon our language skills. English is a bonus, and Russian may also be useful, but it helps to be fairly fluent in Estonian. If you are moving for employment, the administrative details may be handled by the employer. It is wise to get a written contract if possible. A verbal contract gives little protection.
Once you have your residence permit, you are permitted to work in Estonia – and you do not need a separate work permit. If you undertake short term employment, your employer must register the fact with the Police and Border Guard Board. You may work for up to three months without a residence permit. A family member is only allowed to work if a residence permit has been granted to them.