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Posted by / 22-Jul-2016 09:17

For a one-off fee of €100 (£87), companies can obtain “e Residency” in the EU member state — without directors having to set foot in the country.The scheme was drawn up before last year’s referendum as a broader tool to lure international investors. There is no red tape, no capital requirements, nor any need to employ people or pay any further fees in Estonia.

“The 100th birthday of the Republic of Estonia is such an important event that the organising of it can’t be put solely on the shoulders of public authorities.

Almost 1,200 Brexit-fearing entrepreneurs are attempting to retain access to the European single market by taking advantage of an online residency loophole created by Estonia.

The Baltic state has devised a “how to stay in” campaign pitched at British businesses.

“An Instrument for Every Child” campaign is expected to provide new musical instruments for children across the country; short children’s documentaries about innovation will hopefully reveal new Estonian inventors; the green schoolyard project invites kids to design their school grounds; and many more.

Naturally, the Estonian expat communities across the world will also engage and come up with their own gifts to Estonia.

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