On 25 January 2023, Estonia introduced a foreign investment screening regime which will enter into force on 1 September 2023.

Background:

• regulates the conditions and procedure for assessing the reliability of non-EU foreign investors (including those with a holding of 10% or more).
• range of target companies includes providers of critical services, state-owned enterprises, manufacturers or suppliers of military or dual-use goods, owners of defense facilities, certain media companies, and owners of transport infrastructure.