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Manan Anwar

You need to know this about E-Residency

Published over 1 year ago • 1 min read

We need to clear a few misconceptions about Estonian E-Residency Program.
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Firstly, it DOES NOT grant you any right to physical residency. You have no possibility to visit Estonia or the EU or in any way bring yourself or your family. This is a huge misconception.
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Secondly, despite the marketing, it also DOES NOT grant you a right to open a company or a bank account straight away. In fact, one of the biggest issues that many people face is opening a bank account.
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Thirdly, one of the questions asked during the application process is also about your ties to Estonia. That, bewilders a lot of applicants.
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So if we strip away the marketing and hype, what exactly is the e-residency program?
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It is a form of a digital signature, that allows you to sign digitally the documents. Accepted by the state. Thats it.
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The primary beneficiaries of the e-residency program are the EU residents and entrepreneurs, which find the ease of doing business very attractive . It also bring in billions of Euros of revenue for the Estonian government. So yes the program has been quite a success. But in a different way what the founders were hoping for.
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Estonia has always been a pioneer in getting innovative state-led business solutions, but it really needs to assess its competitive advantage in the changing global landscape. More than half a dozen countries are offering e-residency now. What can Estonia do in order to compete in the new world?
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I have already posted a video on my channel on everything you know about e-residency.
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In addition I will also be publishing a detailed video guide on how can you move abroad, no matter who or what or where you are from.
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Channel ID is youtube.com/@manananwar
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Best

/Manan

Manan Anwar

Everything about Life in Estonia

I share about life abroad, about taking care of physical and mental health and being a full-time content creator running their own (1 month old) agency

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