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Yes, you need health insurance cover and a stable, legal income sufficient to live in Estonia.
Two of the core conditions are financial stability and health coverage. You must demonstrate a stable legal income that allows you to support yourself in Estonia, and you must have valid health insurance, typically through the Estonian Health Insurance Fund.
These are ongoing-style requirements rather than a one-off threshold, so applicants are expected to show they can genuinely sustain themselves in Estonia. Keep documentation of your income source and insurance current when you submit your application.
Get a personalised assessment from a licensed ACME advisor, or ask Acey.