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The research centre aims at understanding digital society of Estonia and the benefit it can offer to India and Indians. I have met him at Demo Day in Bangalore in December. We look forward to build more connections between them and Estonian companies through e-Residency and bridge them to European market, while providing them with tools that will help their businesses to prosper. We are all very proud of these unicos. We have several partnerships with payment institutions such as Holvi, InstaRem or Payoneer in order to widen the choice of financial services available to e-residents and accessing banking services through these companies doesn’t require any physical meeting.

That mindset let many Estonians to create amazing start-ups in the recent years, which inspired others and contributed to make our country one of the best startup hubs. For cross-borders payments, payment services such as PayPal are also accessible for e-residents.What are the reasons behind your focus on India?E-Residency mostly benefits to digital entrepreneurs, freelancers and digital nomads, so we focus on these profiles. On a smaller scale, Raj Bhatta works as an education consultant from Gujarat and has set up his business, Connecting Wings, as an e-resident as well in order to advise students on application process for graduate programmes overseas.But of course, the majority of our e-residents in India are digital entrepreneurs, freelancers and IT specialists. Goa is also increasingly becoming a hub for both Indian and inteational digital nomads. Estonia was the first country to authorize i-voting, to legalize ride-sharing apps and of course to launch e-Residency. Nishant Gupta is another interesting e-resident from Bangalore. This is why we see a lot of interest coming from India, of course, which hosts a lot of IT freelancers, but also Turkey – our fastest growing market in 2019 so far -, Ukraine, Russia and several hubs for digital nomads such as Bali, Chiang Mai, Bangkok, Tokyo, Berli.

There are some similarities between Estonia and India. However, e-residents are actually enable to conduct all business activity using any bank or fintech across the European Economic Area. Among his notable clients, you may find Airbus or Air France, for instance. So, cooperation and mix between an innovative govement, a digital society, pro-business public policies and a dynamic private sector is the key in my opinion. Our govement is always open to test innovation ideas. Like Estonia, India has always been a very entrepreneurial country. For instance, Deepak Solanki is developing LiFi technology — an innovative alteative to WiFi — from Delhi through his company, Velmenni, registered in Estonia.E-Residents can also use one of Estonia’s best success stories - Transferwise Borderless for convenient cross border fund transfer, and to get a European IBAN and a credit card.What are the reasons behind the successful startup culture in Estonia?I would say it’s the combination of several factors.

They became e-residents in order to target European markets..How do you ensure easy cross border fund transfer for Indian e-Residents?Regarding banking services, Estonian banks tend to serve e-residents who China kids umbrellas have a business connection to Estonia and can provide a clear understanding of their business, among other considerations, and always require to have a physical meeting in Estonia.Estonia has always had excellent engineers, even during Soviet occupation, and an entrepreneurial mindset.

First of all, the development of our digital administration and society allowed every Estonian to benefit from a hassle-free and non bureaucratic administration, which partially explains that Estonia has now the highest number of startups per capita in Europe. India has the world’s largest freelance workforce with the highest percentage working in software development & technology, while Estonia is a global leader in ICT technologies, especially in e-Govement. Together with his partner, they have created Renaura, a research and formulation company in the beauty, personal care and wellness domains, which develops and manufactures specialty products that solve targeted problems primarily for the salon professional market under the brand iluvia Professional. They operate in IT hubs such as Bangalore and Hyderabad as well from Tier II and Tier III cities. Estonia put the right public policies in place right after regaining its independence, making sure the country would be pro-business and initiative. Skype has been founded by Estonians, as well as Transferwise, Playtech and Taxify, now called Bolt.