[NCUC-DISCUSS] Estonia

[Andrew Donnellan]

(Lurker here, but Estonian e-residency is a particular area of
interest of mine...)

On 8 November 2015 at 22:01, Tapani Tarvainen <tapani.tarvainen at effi.org> wrote:
> E.g., I could drop by in Tallinn to open the bank account,
> you'd get Estonian e-residency, which you can get without
> ever leaving USA, then the account could be transferred
> to you 100% electronically without any paperwork.
> Likewise if we later change Treasurer or choose a backup one
> from, say, South Africa, he or she could get e-residency
> without a need to travel to abroad.

Your South African treasurer wouldn't strictly speaking have to travel
over*seas*, but they would have to travel internationally to their
nearest Estonian embassy... in Egypt.

Also, if you want to make any progress on this before, say, the middle
of next year, I'd recommend applying for your Estonian e-residency
cards approximately now, based on the ~5 months it took for me to get
mine, not the ~60 days they promised... hopefully this will improve
before too long, but the requirement to attend an Estonian embassy or
consulate, of which there are very few, will most likely remain
indefinitely.

Estonian e-residency - fascinating idea, execution is still somewhat
sub-par. Which is fine, since the point of this whole program was
experimentation - "government acting like a startup" - and teething
problems happen, but personally I'd be giving it a little while before
making it a core piece of organisational infrastructure.

FWIW, despite the flaws of the US banking system - from everything
I've heard, even what we have here in Australia is better and more
efficient - I don't see any fundamental issues with incorporating in
the US.


Andrew

-- 
Andrew Donnellan
http://andrew.donnellan.id.au         andrew at donnellan.id.au