Bank Analyst Renews Call for Highly Skilled Immigrants ({{commentsTotal}})

Source: Photo: Postimees/Scanpix

LHV macroanalyst Heido Vitsur has called for skilled workforce from non-EU countries, no matter what that might mean for those fearing change, in light of recent media attention to migration policies.

"We have to learn to live and work with people of other nationalities," Vitsur was quoted as saying at a weekend seminar on the development of the "smart" business park, Ülemiste City.

Vitsur mentioned London City, which he held up as an example of excellent functioning.

For Estonia, of course, dangling the requisite carrots is far harder.

"We don't have the candy to give out. The incentives have to be created even if it means giving a temporary tax break. This will take away some fears in the minds of those coming here," said Vitsur, an analyst for one of the country's few banks founded on Estonian capital.

"We should buy in persons with important contacts who have studied in prestigious universities and have worked for successful companies," Vitsur said.

"Naturally the people will want to be sure that it is a priority field that the state supports, through creating certain competitive edges for it as well as equal conditions to that offered by the rest of the world."