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Old 10-06-2014, 05:59 PM  
Taco John Taco John is offline
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Coming soon: e-Residency

This is pretty interesting and cool:

http://e-estonia.com/e-residents/become-e-resident/


What if every country offered an e-residency? And it was somehow worthwhile? I'm not sure about that part, though. I'll be curious to see what it means to be an e-Estonian.
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Old 10-06-2014, 07:31 PM   #2
AustinChief AustinChief is offline
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It doesn't give you any true residency value but it could be huge for start up businesses. With an E-residency I could start a business in Estonia in a matter of minutes... including setting up the banking for it. It's basically like some guy in KC setting up a Delaware corporation to save on taxes... except it's an Estonian company and instead of tax savings being your main concern, it's convenience.
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Old 10-06-2014, 08:02 PM   #3
AustinChief AustinChief is offline
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I am curious to see how they close the loopholes this could create. In theory, if I get my Estonian ID card I can set up an Estonian company in under an hour. At that point I can invest 250,000 kroons (~$20k) in my company and sponsor myself to become an Estonian resident.

There are some other minor hoops to jump through but that is the basic gist.

Once you have residency, you have to live in Estonia 183 days out of the year for 5 years(I think) and you can become a citizen. Seems like a pretty easy path to EU citizenship.

For those who are unfamiliar, here is a sampling of Estonian women...



Um, yeah, so does anyone have an issue with ChiefsPlanet becoming an Estonian company?
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Old 10-06-2014, 08:16 PM   #4
Pawnmower Pawnmower is offline
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Old 10-06-2014, 08:27 PM   #5
mlyonsd mlyonsd is online now
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Originally Posted by AustinChief View Post
I am curious to see how they close the loopholes this could create. In theory, if I get my Estonian ID card I can set up an Estonian company in under an hour. At that point I can invest 250,000 kroons (~$20k) in my company and sponsor myself to become an Estonian resident.

There are some other minor hoops to jump through but that is the basic gist.

Once you have residency, you have to live in Estonia 183 days out of the year for 5 years(I think) and you can become a citizen. Seems like a pretty easy path to EU citizenship.

For those who are unfamiliar, here is a sampling of Estonian women...



Um, yeah, so does anyone have an issue with ChiefsPlanet becoming an Estonian company?
As a long time member and donator can I ask to be included in Estonian negotiations, especially employee interviews?
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Old 10-06-2014, 08:48 PM   #6
AustinChief AustinChief is offline
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Originally Posted by mlyonsd View Post
As a long time member and donator can I ask to be included in Estonian negotiations, especially employee interviews?
Sure, but I think I already have an assistant to the CEO picked out...

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Old 10-06-2014, 08:52 PM   #7
mlyonsd mlyonsd is online now
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Sure, but I think I already have an assistant to the CEO picked out...

Uhhh, wait a minute.

Ok, now that's taken care of I think you're being blinded and need an assistant to your assistant to make sure all the hiring is up to CP level.

Basic requirements of course, counting to three, etc.
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Old 10-06-2014, 08:54 PM   #8
AustinChief AustinChief is offline
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Originally Posted by mlyonsd View Post
Uhhh, wait a minute.

Ok, now that's taken care of I think you're being blinded and need an assistant to your assistant to make sure all the hiring is up to CP level.

Basic requirements of course, counting to three, etc.
You are a wise man. I think I may need to put you in charge of all future HR decisions.
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Old 10-06-2014, 08:57 PM   #9
mlyonsd mlyonsd is online now
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You are a wise man. I think I may need to put you in charge of all future HR decisions.
We'll have to negotiate my salary though. Is asking for $0 too much?
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Old 10-06-2014, 09:03 PM   #10
AustinChief AustinChief is offline
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Just for future reference. It appears the avg salary in Tallinn, Estonia is around $1000/month (after tax).
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Old 10-06-2014, 09:04 PM   #11
AustinChief AustinChief is offline
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We'll have to negotiate my salary though. Is asking for $0 too much?
Well, since you are a supporter, that would technically make your salary in the negatives... you drive a hard bargain... but DEAL!
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Old 10-06-2014, 09:13 PM   #12
AustinChief AustinChief is offline
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Holy Carp! While checking out Euro salary numbers out of curiosity... I found out the average in Chisinau (capital of Moldova) is $250/month.

Problem is, Moldova just flat out sucks except for wine making.

Anyone want to start a winery in Moldova?
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Old 10-06-2014, 09:18 PM   #13
mlyonsd mlyonsd is online now
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Holy Carp! While checking out Euro salary numbers out of curiosity... I found out the average in Chisinau (capital of Moldova) is $250/month.

Problem is, Moldova just flat out sucks except for wine making.

Anyone want to start a winery in Moldova?
I would but I just spent my last paycheck buying plane tickets to Estonia.
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Old 10-06-2014, 11:28 PM   #14
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It doesn't give you any true residency value but it could be huge for start up businesses. With an E-residency I could start a business in Estonia in a matter of minutes... including setting up the banking for it. It's basically like some guy in KC setting up a Delaware corporation to save on taxes... except it's an Estonian company and instead of tax savings being your main concern, it's convenience.
Estonia realizes with the internet countries are in competition for capital as well. Its too bad that most of Western Europe and North America haven't quite gotten the idea yet or are simply raging against the tide in a futile effort to stem it.
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Old 10-07-2014, 10:30 PM   #15
AustinChief AustinChief is offline
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So, on a related note. I have honestly been thinking about going "digital nomad" next year. There really isn't any reason why I need to be tied to any specific geographic location so why not?

Since I have spent some time in Europe I was going to branch out and try Asia.. maybe Chiang Mai or Phuket in Thailand or Bali, Indonesia. After looking into this, Estonia doesn't sound like a bad choice to spend the summer months in.

Anyone have any thoughts?
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