“Estonia has become of the first country in the world to launch an electronic residency program, hoping that the innovative approach will persuade foreigners to invest and start businesses in the Baltic state.  The first virtual residency card was issued Monday to British journalist Edward Lucas, a senior editor at The Economist magazine, on Monday.  The card with an embedded microchip will allow Lucas to conduct business activity in Estonia while staying abroad. The e-residency program kicked off after the Estonian Development Fund and the former CEO of Skype, Sten Tamkivi, organized a contest for the best idea to bring foreign businesses to Estonia.”

http://rt.com/news/210775-estonia-electronic-residency-card/

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