Income and Expenses in Estonia
Many people ask us many questions about Estonia, so in this news we will tell you about income in Estonia, expenses in Estonia, and how long it will take you to settle there. All these topics will be discussed in this news.
Estonia is a European Schengen-listed country which was previously a part of the Soviet Union. Estonia’s language is Estonian, but Russian and Latvian are also used there. Estonia shares borders with Russia and Latvia, and the currency in Estonia is the Euro.
According to the Quality of Life Index, Estonia is the 16th country in the world, where Japan is 17th. Estonia is ahead of Japan — Japan is number 17, Estonia is number 16. So you will get a very good quality of life there.
Another thing is that in terms of clean air, Estonia is the 6th cleanest country in the world. There is almost no air pollution. Iceland is number 1, Estonia is number 6.
Another thing is that the death rate is higher than the birth rate. Every year, on average, about fifteen-and-a-half thousand people die there, and only about nine-and-a-half thousand people are born. So the birth rate is lower than the death rate. That’s why very few people live there — only about 1.3 million people in the entire country.
Now, how much will your expenses be in Estonia?
If you are a single person, a bachelor, then your monthly house rent will be around 150 to 200 euros. So house rent is 150 to 200 euros. Food expenses will be between 100 to 120 euros — you can manage within that. Food cost is a bit lower than in other Schengen countries.
Then comes insurance. For insurance, you will need to pay 170 euros per month. For students, it is a bit less.
If you include transportation, internet bills, and other small expenses, We would count 100 euros. So in total, your monthly expenses will be between 550 to 600 euros. With 550–600 euros, you can manage everything — house rent, food, internet, transportation, everything.
What kind of jobs can you get in Estonia?
In Estonia, the highest-demand jobs are IT specialists, technical workers, and medical staff. These types of jobs are very high in demand. Estonia is also a very digitalized country — they hardly use paper at all.
But you can also find non-skill jobs there. Similar to other Schengen countries, you can get chain shop jobs, food delivery jobs, or paper-related work. These types of non-skill jobs are available.
Now we will tell you about income from non-skill jobs.
In non-skill jobs, the government-mandated minimum wage per month is 880 euros. If you work full-time, which is 40 hours per week, then you must be paid at least 880 euros. If you work more than 40 hours, you can earn more.
So if you earn 880 euros and your expenses are 550 to 600 euros — let’s take 550 euros — then after deducting expenses, you can save 30,000 to 40,000 taka per month. If you work more hours and are hardworking, you can even save 50,000 to 70,000 taka per month.
Now the question is, can you pay your expenses and tuition fees with your own income?
Yes, you can. In Estonia, you can cover your expenses and pay your tuition fees through your own income. Tuition fees are very low — only 1,600 to 1,700 euros per year. You can easily manage this with your income, without needing money from your home country.
Now, what is the visa success rate?
If you apply for Estonia and your documents are correct, then you have a 98–99% chance of getting your visa. Very few applications are submitted there, so the chances are high. We would say you can keep Estonia on your preference list — it is a very good country.
If you stay in Estonia for five years, you can apply for PR. And if you stay for ten years, you can apply for a passport and get citizenship.
Another thing is that Estonia does not have an embassy in Bangladesh. They only have a consulate center. To face the embassy, you will need to go to India. So keep this in mind.
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