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Estonia becomes first country to offer e-residency digital citizenship

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e-estonia

By NewsGram Staff Writer

The Republic of Estonia, a small country in northeastern Europe, has become the world’s first country to offer e-residency. A new scheme has allowed people from all over the world to get a digital identity provided by the Estonian government and set up a company with zero per cent corporate tax in Estonia.

The credit card sized e-residency permit provides the holder with an array of services, like submitting taxes online, accessing bank accounts, digitally signing documents, etc.

In a short span of six months after the scheme’s launch, Estonia already has 2,000 e-residents. According to a news report, Estonia is planning to increase this number to 10,000 by the end of this year.

This scheme gives access to the digital services of Estonia; however, the card should not be mistaken for unrestricted access to Estonia or the European Union (EU). The managing director of the e-Estonia showroom, Siret Schutting told IANS, “The services of the e-residency card are restricted to the virtual world, so residency or citizen services are not included and this cannot be used as an identification card or replace the mandatory visa or passport for entry into the EU.”

Since this scheme of e-citizenship is a fairly new product, several modifications are being done to it in order to improve the services it offers. Earlier, it was essential for a new e-resident to be present in Estonia at least once to identify him/her with biometric data. However, now all these formalities can be completed in any of the Estonian embassies located globally.

India has responded to this new scheme in a positive manner. Estonian Ambassador to India, Viljar Lubi, said, “Interest in India has been very keen, even without us actively promoting it. In India, it has been proved time and again that good ideas spread the fastest by word of mouth.”

This scheme is very useful for the entrepreneurs who intend to expand their business to the European Union. An Indian businessman, Bashyam Krishnan, told the news agency, “This is a simple and accessible gateway to the European Union. One can set up a company within 10 minutes. And from there on, the EU becomes your market.”

Krishnan added, “The services offered as a part of this are varied and nearly everything can be done with the touch of a button. The system is that easy and user friendly. Additionally, multiple security measures are there from secure passwords to a log system to check illegal access. I believe that it is extremely secure.”

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Explore the Most Visited Cities of Romania

There are even reports of human and extraterrestrial meetings in the Hoia-Baciu forest. Others have also claimed the presence of a monster in the nearby Lake Tarnita.

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Romania
The official language of the country is Romanian while Albanian and Armenian are some of the recognized regional languages.

Romania is a sovereign country in southeastern Europe that is experiencing an increasing trend in tourism. Bucharest is the capital and largest city in the country with the greatest number of visitors annually. The official language of the country is Romanian while Albanian and Armenian are some of the recognized regional languages.

The Romans are the predominant ethnic group and make up 88.9% of the total population. By 2011, the country was very urbanized with 54% of the population living in urban areas, but most moved to the countryside. In this article, we will discuss some of the major cities in Romania that you can visit while exploring this historic place.

Bucharest

Bucharest
At present, the city has an estimated population of 1.8 million inhabitants. The quality of life in Bucharest is not appealing.

Bucharest is the largest city in Romania and is the country’s capital, culture, industry and financial center. The city has increasingly become popular among international visitors for low prices and amazing Bucharest bachelor weekend parties. Some of the old buildings in the city center were severely damaged by war, earthquakes and Nicolae Ceausescu’s systemization program. It has been an economic and industrial boom in the city in the past.

At present, the city has an estimated population of 1.8 million inhabitants. The quality of life in Bucharest is not appealing. Living conditions have deteriorated over time and ranked 108th in 2009 in 235 cities. Notable landmarks in the city include; Triumphal arch, carousel bookstore, and Ion Luca Carnegie charter.

Constanta

tourism
The most important economic activities are tourism, industrialization, and fishing. In the first half of 2008, 3,144 companies were established in the city.

Constanta is the oldest city inhabited in the country after being formed in 600 BC. It has a population of 283,872 people making it the fifth largest city in the country by population. Constanta is a coastal city and receives a large number of tourists annually. In the 1930s during the inter-war, the city was the country’s commercial hub.

Like many coastal cities, Constanta is experiencing one of the warmest temperatures in the country. The most important economic activities are tourism, industrialization, and fishing. In the first half of 2008, 3,144 companies were established in the city. The most notable landmarks in the city are; the genuine lighthouse, the Carol 1 mosque, the house with lions, the cathedral of saints and the ottoman hunting mosque.

Cluj-Napoca

Cluj
The state’s Matthias Corvinus and Central Park fountain are some of the city’s attractions. There are a large number of visitors in the city with a majority of those coming on a day visit.

Ranking third among the largest cities in Romania, called Cluj-Napoca commonly known as Cluj. It was founded in 1213 and is the second most popular city in the country. The city is surrounded by forests and grasslands with rare species such as a Venus slipper. There are animals such as bears, mammals, foxes, rabbits, and squirrels in the Faget and Hoia nearby forests.

There are even reports of human and extraterrestrial meetings in the Hoia-Baciu forest. Others have also claimed the presence of a monster in the nearby Lake Tarnita. There are many large castles in the surrounding countryside surrounded by medieval families living in the city. The state’s Matthias Corvinus and Central Park fountain are some of the city’s attractions. There are a large number of visitors in the city with a majority of those coming on a day visit.

Iași

Romania
The fourth largest city in Romania is home to some of the oldest churches and monasteries dating back more than five hundred years ago.

This city is one of the cultural capitals of Romania and is a symbol of Romanian history. It is home to the country’s oldest university and the first technical school. It is an important education and research center in Romania and holds more than 60,000 students in five public universities.

Also Read: Russian Hackers Targeting European Embassies: Report

The fourth largest city in Romania is home to some of the oldest churches and monasteries dating back more than five hundred years ago. Significant buildings in the city include; Central Hall Square, Cuza Place, Dosoftei House, and Razvan Palace.