Finance
Opening a Bank Account
You can open a bank account at one of the following banks (non-exhaustive list):
Tax Residency
Please fill in the application form for residency determination (Form R), sign it, and send it to internationalcentre@taltech.ee. If tax residency is not granted and the person remains a non-resident for tax purposes, the taxation rules applicable to non-residents will apply. More information about the taxation of non-residents’ income can be found here: Taxation of income and tax treaties | Estonian Tax and Customs Board.
Labour taxes
In Estonia, taxes are withheld from your gross salary by your employer monthly. This means you don’t have to make additional payments or file monthly tax returns. For more information Estonian Tax and Customs Board.
In Estonia, the employer pays all the taxes on behalf of the employee.
Social Services
In Estonia, social services are provided by a governmental agency – the Social Insurance Board – and two public legal bodies – the Health Insurance Fund and the Unemployment Insurance Fund.
Some social services (like transportation allowance, kindergarten, and school allowance) are provided by local government units.
Pension System
Estonia has a three-pillared pension system consisting of the state pension, the mandatory funded pension, and supplementary funded pensions.
To receive the old age or disability pension, apply for it via the Social Insurance Board. You will be eligible for the Estonian retirement pension when you have proof of at least one year of pensionable service in the EU member states, Norway, Iceland, Liechtenstein, or Switzerland.