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Estonia is one of the smallest countries in Europe, with only 1.3 million citizens. But it is hoping to become much bigger – by attracting what it calls e-residents. A scheme was started two years ago to give citizens of any nation the opportunity to set up Estonian bank accounts and businesses – and to develop a digital identity which can be managed from anywhere. Ruth Alexander examines how it works, and who benefits.
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Estonia is one of the smallest countries in Europe, with only 1.3 million citizens. But it is hoping to become much bigger – by attracting what it calls e-residents. A scheme was started two years ago to give citizens of any nation the opportunity to set up Estonian bank accounts and businesses – and to develop a digital identity which can be managed from anywhere. Ruth Alexander examines how it works, and who benefits.
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