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ESTONIA - eResidency in Estonia for Location Independent Businesses + Visa Requirements

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eResidency 101 > ESTONIA – eResidency in Estonia for Location Independent Businesses

+ Visa Requirements

estonia eresidency e-residency for location independent businesses. The benefits of eresidency for your business. estonia eresidency e-residency for location independent businesses. The benefits of eresidency for your business.

estonia eresidencye-residency for location independent businesses. The benefits of eresidency for your business. estonia eresidency e-residency for location independent businesses. The benefits of eresidency for your business.

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E-Residency in  Estonia is a digital identity program that provides location independent entrepreneurs with a physical presence in the country and access to its digital services.

Additionally, visas are available to those outside the USA, Canada and UK, who can not freely travel to the country.

In this article, we explore what Estonian eResidency is, it’s benefits for location independent business owners, and visa requirements if you need a visa.

Eresidency program for entrepreneurs.
Illuminated Christmas market at town hall square in the Old Town of Tallinn, Estonia.

WHAT IS ESTONIA'S ERESIDENCY PROGRAM

Estonia’s eResidency program is ideal for entrepreneurs, freelancers, work-from-home business owners, and remotes who require a registered business, whether for a single owner or multiple directors. Via eResidency, you can manage the company from anywhere in the world.

The program provides a secure digital identity, access to online banking services, and the ability to register a company online.

It also provides businesses with access to the European Union expansive marketplace, which is the worlds largest freetrade area.

Additionally, businesses can benefit from the countrys low taxes and businessfriendly regulations.

Businesses that are registered in Estonia also have access to a number of government services, including egovernment services, digital signature services, and access to the eresidency platform. These services make it easier for entrepreneurs to conduct business and manage their operations from anywhere in the world.

THE TOP 4 BENEFITS OF ESTONIA'S ERESIDENCY PROGRAM

1. Low Cost of Entry & Registration: Estonia‘s eresidency program is one of the most costeffective ways to set up a business in Europe. The program costs only100 for a twoyear period, making it a much more affordable option than opening a business in other countries.

2. Easy Access to European Markets: With an Estonian eresidency, entrepreneurs can take advantage of the EU‘s single market and access the same opportunities as local businesses. This makes it easy to expand into European markets, connect with customers and suppliers, and access new sources of capital.

3. Low Taxes: Estonia has one of the most competitive tax systems in the world. The corporate income tax rate is only 20%, and there is no wealth tax or capital gains tax. This makes it an attractive option for entrepreneurs looking to reduce their tax burden.

4. Digital Infrastructure: Estonia is a world leader in digital infrastructure, with a highly developed egovernment system and secure digital services. This makes it easy for eresidents to securely access government services and manage their business without ever having to set foot in the country.

5. Professional Network: Estonia‘s eresidency program is a program that attractions thousands of like-minded individuals. There are options to connect and share information, resources, and know-how.

ESTONIA DIGITAL NOMAD VISA REQUIREMENTS

Please note that the requirements will differ from Embassy to Embassy. It’s best to visit the Estonian Government website and select the Embassy at which you will apply for accurate information.

The requirements for an Estonian Digital Nomad Visa mentioned below is in general, and may include:

  • Be at least 18 years of age.
  • Hold a valid passport from an eligible country.
  • You can work completely remotely using telecommunication.
  • Have proof of sufficient funds to cover your stay. At the time of writing, this is around 3,504 EURO.
  • Have health insurance that covers you for the duration of your stay in Estonia. At the time of writing, the health insurance should cover 30,000 EURO.
  • Proof that you are a freelancer or digital nomad working remotely.
  • Complete the application form online.
  • Proof of accommodation must accompany your application. You can for example, submit a reservation or rental agreement.

LEARN MORE >

Exploring the option of Estonian eResidency might be one of the most lucrative steps in advancing into the future of business and business management. It may also be just the step needed to take your location independent business to the next level.

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