Estonia is creating a borderless digital society for global citizens as the first country to offer e-Residency. E-Residency is a transnational digital identity that anyone in the world can apply for to obtain access to a platform built on inclusion, legitimacy and transparency. E-residents then have access to the EU business environment and can use public e-services through their digital identity.
What Are The Benefits Of The E-Residency Programs?
While the internet opened up a host of opportunities to start a business, the e-residency program took it a step further. With it, anyone can create an online business without becoming a resident or citizen of the host country. When you decide to become an e-resident, you benefit in ways that were unimaginable ten years ago.
Start an EU-based online company: If this is your dream, the e-residency program offers you an opportunity.
Full remote access: Control the day-to-day operations of your business sitting in your home, regardless of your country of residence.
Pay taxes: Your e-residency smart card can help you write off your expenses and pay your taxes without physically visiting the country.
Banking/Online Payment: With a smart card, you can comfortably apply for online payment services and digital business banking.
Digital verification: The embassy issues a smart card only after a thorough investigation. You can use the card issued for signing and verifying the documents digitally.
Join a community: You can grow your network and your business by connecting with other e-residents around.
This program aims to benefit all digital nomads, freelancers, startups, and entrepreneurs operating from anywhere globally. What Do You Need To Become An E-Resident?
The process to become an e-resident is relatively simple. So, anyone with genuine interest can apply for one of the available programs. Requirements vary between different programs. In Estonia, the Local Police and the Border Guard make a background check to verify the authenticity of the applicant. A clean criminal record is required. Which countries have e-residency programs?
United States and so on.