Estonia is a small country in Northern Europe known for its advanced digital society and e-Residency program. The e-Residency program allows individuals from anywhere in the world to become Estonian e-Residents and access a range of digital services, including setting up and running a digital business. This has made Estonia an attractive destination for entrepreneurs and digital nomads looking to benefit from the country's business-friendly environment.
The e-Residency program was launched in 2014 and has since grown significantly. As of December 2022, there are over 70,000 e-Residents from 143 different countries. The program has contributed to the growth of Estonia's digital economy and helped to establish the country as a hub for entrepreneurship and innovation.
One of the key benefits of the e-Residency program is the ability to set up and run a digital business from anywhere in the world. E-Residents can register a company in Estonia, open a business bank account, and sign documents digitally. This allows them to conduct business remotely, without the need to physically be present in the country. This has made Estonia an attractive destination for entrepreneurs and digital nomads who want to run a business without the limitations of location.
The e-Residency program has also helped to promote trade and investment in Estonia. E-Residents can use their digital identity to access a range of services, including e-banking and e-tax, making it easier for them to do business with Estonian companies. This has helped to create new opportunities for Estonian businesses and has attracted foreign investment to the country.
In addition to the benefits for entrepreneurs, the e-Residency program has also made it easier for individuals to access a range of public and private sector services in Estonia. E-Residents can use their digital identity to access health and education services, apply for government grants and subsidies, and even vote in Estonian elections. This has helped to improve access to services and has made Estonia a more inclusive and democratic society.
Overall, the Estonian e-Residency program has been a success, contributing to the growth of the country's digital economy and making it an attractive destination for entrepreneurs and digital nomads. It has also helped to promote trade and investment, and has improved access to public and private sector services. With its continued growth, the e-Residency program is set to play an even bigger role in the future of Estonia's digital society.