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What is an e-resident Program? Digital Migration? Countries Accepting e-residents

E-resident is the translation of e-Residency, which can also be translated as digital residents. The e-Residency Program, also known as the Virtual Residence Permit, provides a digital identity to start and manage an online company. Estonia was the first country to introduce the system on December 1, 2014.

In Estonia's e-resident program, e-resident applicants are given a smart card that provides access to services not available to non-residents.

E-Residency is a great option for independent services offered by freelancers, consultants, digital nomads and individual entrepreneurs.

 

How can I apply for e-residency programs?

You may apply for e-residency program online at the specified web portals of the specific country. You may also take expert help of agencies like barqat110 online.


Where to apply for help regarding any e-residency program?

You may apply to barqat110.com for e-residency program of any country where they help in the entire procedure perfectly and guide you will all the pros and cons along with what can be most beneficial for you and how to avoid pitfalls.


Where can I collect my e-residency card?

You may collect your e-residency card form pick up locations. You may apply for the pick up location nearest to you. Mostly these locations are embassies of the respective country.


What are the advantages of the e-resident program?

While the Internet has provided numerous opportunities for entrepreneurship, the e-Residency Permit project has taken it a step further. With it, anyone can create an online business without becoming a resident or citizen of the host country.

 

Infographics representing e-residency program

When you decide to become an e-resident, you will benefit in ways unimaginable ten years ago.

Starting an online company in Europe: If this is your dream, the e-Residency program will give you an opportunity.

 

Full Remote Access: Complete your day-to-day business operations from the comfort of your home, no matter where you physically live.

 

Paying taxes: Your electronic resident smart card can help you with expenses and taxes without having to travel to the country in person.

 

Banking/Online Payments: With a smart card, you can easily apply for online payment services and digital business banking.

 

What is Digital Verification?

The embassy only issues smart cards after a thorough investigation. 

You can use the issued card to digitally sign and verify documents.

 

Join a Community: You can expand your network and your business by connecting with the e-residents around you.

 

This project aims to benefit all digital nomads, freelancers, start-ups and entrepreneurs around the globe.

 

 

What do I need to apply for e-Residency?

The process of becoming an e-resident is relatively simple. So anyone who is genuinely interested can apply for one of these programs. 

Different projects have different requirements.

In Estonia, local police and border guards conduct background checks to verify the authenticity of applicants. No criminal record required.

 

Which countries accept e-residents?

Following Estonia, several countries have launched or plan to launch electronic residency schemes soon.

 

Estonian e-resident

Estonia provides a digital identity for entrepreneurs, digital nomads and freelancers from all over the world. With this transparent and legal electronic identity, anyone can easily use public electronic services and enter the EU business environment.

Showing e-residency kit



What are the advantages of Estonian e-Residency?

Estonian e-Residency has several advantages:

  • Low maintenance and low start-up costs
  • No tax on reinvested profits
  • Transparent taxation
  • low corruption
  • Secure transactions with unique 2 PINs per transaction
  • EU, OECD, NATO and Eurozone member states.
  • Avoid currency fluctuations. Trade in Euros

When you get an Estonian electronic residence permit, you become a member of one of the most advanced digital societies in the world.

 

What is Lithuanian e-residency?

Lithuanian e-resident

Following in the footsteps of Estonia, Lithuania launched its own e-residency program in January 2021. Applications begin in June 2021.

This project is relatively new, but the content of most projects is expected to be similar to that of the other Baltic state Estonian e-Residency projects. 


What are the benefits of Lithuanian e-residency?

The benefits of Lithuanian e-residency are almost similar, such as the use of digital IDs to access public, administrative and commercial services: 

  • Setting up an online company based in the EU
  • Easy to pay taxes
  • Enter the European business market
  • access bank account
  • The cost is lower than in Estonia

A specimen of e-residency card



What is Ukranian e-residency?

Ukrainian e-resident

Ukraine has finally launched an e-residency program as well. Launched in July 2021, the program is expected to attract many freelancers, mostly IT specialists, into the country's e-residency ecosystem.

 

The main benefits of this program are:

  • Remote Bank Account Opening
  • Very low flat tax rate (5%)
  • Professional help from English-speaking personal managers

 

Which Countries expected to launch e-residency programs? 

Countries expected to launch e-residency programs in near future:

In addition to Estonia and Lithuania, several countries are planning or are expected to launch their own e-residency programs soon. These include:

 

What is Portugal e-Residency Program?

Portugal e-resident

Another EU country planning to launch an e-residency program is Portugal. 

On March 9, 2020, the Portuguese government announced the e-Residency 2.0 program in advance. 

Information and legal documents are prepared in English and Portuguese.

 

The project will be similar to Estonia's planning structure and is expected to offer similar advantages: 

  • Build an online company without becoming a taxpayer
  • Access business and personal banking services
  • Use the NHS
  • pay tax
  • sign the document
  • Fewer bureaucratic hurdles

The main purpose of the Portuguese e-Residency Program is to attract more investors, entrepreneurs and investment projects and to open up business markets for Portugal and Portuguese-speaking Countries Markets (PALOP) such as Mozambique, Angola and Brazil.


What is Dubai e-Residency Program?

Dubai e-Resident

Dubai offers a one-year virtual work programme in October 2020. This gives beach lovers the opportunity to enjoy living in one of the safest places on earth. 

Recently, Dubai received the "Safe Travel" seal from the World Travel and Tourism Council (WTTC), further strengthening its "safe" status.

 

So, when you have a job in your country, you can work remotely in Dubai. All you need is proof of employment, a minimum wage of $5,000 per month, pay stubs, three months of bank statements and health insurance. 

As for Dubai's electronic residence permit, the news has not yet been announced.

 

What is South Africa e-Residency Scheme?

South Africa e-Resident

South Africa is the most developed country on the African continent and the second largest economy on the continent. 

The Estonian government is focusing on entrepreneurs and small business owners from South Africa through its popular e-residency program.

 

South Africa already offers residency by investment for immigrants, but now they should realize their potential as an investment-friendly country and launch their own e-residency program.


What is Brazil e-Residency Program? 

Brazil e-Resident

This digital project was originally launched by Estonia to provide such investment options in different parts of the world, and now they have their sights set on Brazil. 

The Estonian government announced the expansion plan in October 2020.

 

As the world's sixth-largest economy and fifth-largest country, Brazil is an investment haven for many businesses.

 

This is another Portuguese-speaking country market (PALOP) expected to offer electronic residence permits soon.


What is Singapore e-Residency program? 

Singapore e-Resident

Singapore, an East Asian country, is one of the richest countries in the world. Its financial and commercial facilities, infrastructure and public services attract some investors every year.

Allowing foreigners to obtain e-residency will only help promote foreign investment. This will benefit some people who want to start a business in Singapore but cannot obtain residency for one reason or another.

Singapore is also expected to launch its own e-Residency programme soon.

 

What is Thailand e-Residence Program?

Thailand e-Resident

Thailand is one of the favorite destinations for digital nomads and freelancers. However, there is a growing demand for Estonia's e-residency program as authorities express concern about these people working without a work permit.

 

What is Japan e-Residency Program?

Japan e-Resident

When Prime Minister Abe visited the Baltic countries in 2018, he agreed to start issuing tourist visas, giving people the right to work freely. 

In addition to Estonia's e-residency program, many Japanese also benefit from this program.

 

Therefore, the success of the Estonian e-Residency program has prompted Japan and many countries to consider launching e-Residency programs.

 

What is US e-Residency Program?

US e-Resident

Many digital nomads find the US to be one of the friendliest destinations, with plenty to do in their spare time while working. However, this can be a bit pricey.

The U.S., the strongest economy, should consider launching an e-residency program similar to Estonia and gain advantages that only Estonia currently has.

 

 

Infographics defining e resident status

 What are some common problems of e-residency?

Not a real residence permit

The reason why it is said to be an electronic resident is because it is just an identity on the Internet, not a real one. In other words, when you obtain the electronic resident residency in a country, you cannot really live in that country, and you cannot live in that country. Used as a resident status of a country.

 

It is not possible to verify the account of the digital currency platform

We know that not all countries recognize that digital currency is legal, and when registering a digital currency trading platform, you must use ID documents to verify your account, such as passports, driver's licenses, etc. 

The cards obtained by electronic residents cannot be used as identity verification. 

 

How to make up for the deficiencies of the e-resident program?

It's a commonplace, of course, to prepare more travel or identity documents, that is, other countries' identity. 

The passport program is a better choice, because a brand new identity can be used to open an overseas account or company, and it also has visa-free access to more than 180 countries in Europe.



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Lankan Angel Network Encyclopedia

Lankan Angel Network is passionate about supporting entrepreneurs and building a healthy startup ecosystem. Founded in 2012 as a private angel investor network, the investor supports more than 75 members turning over 700 million LKR of angel investment into regional start-ups and 20 companies supported by money and knowledge. They are the main game in Sri Lanka's startup ecosystem.


What does Lankan Angel Network do?

Lankan Angel Fund is a startup fund created by the Lankan Angel Network. Their goal is to support promising startups that can be scaled locally, regionally or globally.

Lankan Angels have two roles to play, providing their members with new opportunities to invest and providing essential seed money for young entrepreneurs, making our mission a charity and opportunity. 

LAN identifies the main challenges that entrepreneurs face at every stage of their life cycle and aims to enable them to overcome these obstacles and take their business to the next level by in accessing potential investors and advisors in various disciplines. 

Logo of Lankan Angel Network


LAN becomes a platform for entrepreneurs to connect directly with potential investors while providing comprehensive advice to selected companies. 

LAN members get a small stake in the business, leaving control to the entrepreneur. Members bring real estate experience, work experience, industry experience, contacts for partners, clients, and follow-up investment. 

Lankan Angel Fund is made up of 100 angel investors leading some of the biggest companies in the world. They represent more than 10 companies and provide guidance in more than 20 service areas. About 30% of the Lankan diaspora resides outside Sri Lanka, creating bridges to regional and global markets.

 

 What is the pitch deck evaluation process in Lankan Angel Network?

The evaluation process will follow three steps. At each level, the Lankan angels seek to provide insight that will allow you to improve your practical thinking. 

In this first step, they aim to learn more about you and your team. Building a startup is hard, and it will change your life forever! 

Lankan angels want to understand if you are ready for the journey and if you have the right team to support each other.

 

What is the purpose of the Lankan Angel Network? 

LAN is a group of investors who are passionate about promoting entrepreneurship. LAN includes individual investors, venture capitalists and angels. 

The first of its kind in Sri Lanka, LAN was launched publicly with the aim of mobilizing the Sri Lankan community to invest in a mentor and facilitate the start-up process.

 

Who are the board of directors of Lankan Angel Network?

Board of Directors of Lankan Angel Network

Dumindra Ratnayaka
Dumindra Ratnayaka


LAN/Angel Fund Board & Chairman of Martin & George

 

Anarkali Moonesinghe


LAN Board & Ex CEO of CIMB Investment Bank Sri Lanka

 

Jeevan Gnanam
Jeevan Gnanam


LAN Board & CEO of Orion City / Anton

 


Adil Mansoor
Adil Mansoor

LAN Board & CEO of PromoLanka Holdings & Partner A & S Associates

 




Kasturi Chellaraja Wilson
Kasturi Chellaraja Wilson

LAN Board & Group CEO of Hemas

 




Lahiru Pathmalal
Lahiru Pathmalal

LAN Board & CEO of Takas.lk

 


Nathan Sivagananthan
Nathan Sivagananthan

LAN Board & Co-founder of Hatch

 


Sharhan Muhseen
Sharhan Muhseen

LAN Board & Chairman of Platinum Advisors (Singapore)

 

 

 

 

 

Who is in the Team of Lankan Angel Network?

Team of Lankan Angel Network


Kishan Nadarajah
Kishan Nadarajah

                                       CEO

 


Asanka Manjula
Asanka Manjula

                               Accounts Manager

 

 

What are the complete details of Lankan Angel Investor?

Lankan Angel Network (LAN)

Address

14 Sir Baron Jayatilaka Mawatha, Colombo, Sri Lanka

No. of Workers/ Members

11-50

Entity Sector Type

Private

Website

https://www.lankanangelnetwork.com/

Email

info@lankanangelnetwork.com

Phone

+94 77 703 9889

 

 

How can I become an investor with Lankan Angel Network (LAN)?

You may apply with Lankan Angel Network (LAN) at https://www.lankanangelnetwork.com/join-us

The active investors meet every second Thursday of the month to look at business plans/proposals sent to the network.

The selected entrepreneurs get invited to give a five-minute pitch and if successful, get mentoring and funding assistance.

 

How can I apply to get funded by the Angel Network (LAN)?

You may apply to get funded by the Angel Network (LAN) at https://www.lankanangelnetwork.com/get-funded

LAN members receive a minority stake in the company, leaving the entrepreneurs in control of the startup.

The members bring business building experience, industry experience, functionality experience, contacts for partners, customers and follow on finance.

LAN becomes a funding platform for entrepreneurs to pitch directly to potential investors while also providing comprehensive mentoring for the businesses selected by them.

Lankan Angel Network tries to identify the key challenges that entrepreneurs face at each stage of their life cycle. 

LAN aims to enable them to overcome those obstacles and accelerate their business to the next level with the aid of access to potential investors and mentors in varying disciplines.


How many investments has Lankan Angel Network made?

As per listings data Lankan Angel Network has made about 22 investments till date.

 

What type of entity is Lankan Angel Network?

Lankan Angel Network is a private Ltd. Company viz. Lankan Angel Network (Private) Limited.

 

Has Lankan Angel Network allied with Indian Angel Network?

Lankan Angel Network has allied with Indian Angel Network and solicited entries in Septemeber 2022 in association with SLASSCOM.



 

Your next CEO could be a Humanoid Robot

Chinese mobile game company NetDragon has appointed an artificial intelligence-powered virtual human as general manager of the humanoid robot Tang Yu. NetDragon is one of the most well-known online game developers in China. NetDragon Network Software has also made several acquisitions in the community and education sectors, including through its partnership with the University of North Texas to establish the UNT-NetDragon Digital Research Center. In this manner it can be seen that in future there will be many CEOs who are humanoids.

 

A Humanoid Robot

Virtual CEO Ms. Tang Yu started her position at the company's main subsidiary, Fujian NetDragon Network Software. Tang Yu creates an open, interactive and highly transparent management model. Tang Yu will streamline the process, improve the quality of work tasks, and increase the speed of execution. So far, no details have been disclosed about the humanoid robot. The robot will become an executive at the company, which is worth nearly $10 billion.

 

Humanoid robot Tang Yu

 

China's NetDragon has named a female robot CEO:

According to NetDragon, Tang Yu will support decision-making in the company's daily operations and provide a more effective risk management system. The move will pioneer the use of artificial intelligence to transform business management, taking operational efficiency to a new level. It doesn't make much sense to consider today's technology without artificial intelligence.

 

Looking forward to the future, NetDragon will continue to expand on the basis of the algorithm behind NetDragon CEO Tang Yu, build an open, interactive and highly transparent management model, and gradually transform into a work community based on Metaverse. 

Chinese companies were quick to capture the potential of the Metaverse. The global Metaverse market is expected to be worth $280 billion by 2025, with players such as Microsoft and Meta investing in it.

 

NetDragon founder Dr. Dejian Liu sees AI as the future of business management, and the appointment of the humanoid robot Ms. Tang Yu represents their commitment to truly embrace the use of AI to transform the way they operate. business and ultimately drive its future strategic growth. She will also serve as a real-time data hub and analytics tool for the board and enable more effective risk management systems. 

Dr. Liu further stated that the humanoid robot will serve as a real-time data center and decision analysis tool for the organization.

 

NetDragon Launched China's First Virtual CEO: Digital Human Executive Tang Yu Appointed

After the company's research and decision, Tang Yu is now appointed as the rotating CEO of NetDragon, responsible for organizational management affairs and strategy execution.

Through the construction of a metaverse organization, the organization model will be continuously optimized, management efficiency will be improved, and talent strategy will be deepened.

 

Tang Yu, as the company's first digital executive, started to work for NetDragon on September 6, 2017. He used to be the vice president of NetDragon. He was deeply involved in the company's AI+ management, Metaverse organizational strategic planning and projects. Give full play to your strengths and create success together.

The above appointments are effective from August 25, 2022.

 

NetDragon Websoft CEO Tang Yu's responsibilities also include providing employees with a fair working environment. NetDragon Websoft's use of artificial intelligence is very new and could lead to unprecedented levels of production and efficiency. 

Tang Yu is expected to play a key role in talent development, ensuring a fair and efficient workplace for all employees. In addition, NetDragon said the AI ​​will play an important role in risk management.

 

NetDragon appoints the first virtual human CEO in China

The Metaverse Era is truly amazing.

NetDragon recently announced that its subsidiary, Fujian NetDragon Computer Network Information Technology Co., Ltd., appointed Tang Yu, the first virtual digital executive, as the rotating CEO, which is the first time in China.

 

NetDragon said that Tang Yu's appointment is an important milestone in the company's full implementation of the AI ​​+ management strategy and the establishment of a metaverse organization. He will help the company streamline work processes, improve the quality of work tasks and execution efficiency.

Infographics showing AI ​​+ management


As a real-time big data center and analysis system, Tang Yu will support rational decision-making in daily operations while achieving more effective risk management.

 

NetDragon appoints the first virtual human CEO in China

Tang Yu said that in the future, he will mainly undertake two responsibilities: one is to speak for the Metaverse organization and disclose the company's strategy and achievements; the other is to continue to help the company implement AI + management" and improve organizational efficiency.

 

According to the data, Tang Yu is a humanoid AI robot independently developed by NetDragon. He took office on September 6, 2017. He used to be the vice president of NetDragon and was deeply involved in the company's AI+ management, Metaverse organizational strategic planning and projects.

Tang Yu has a high-fidelity robot shape and agile expressions and movements, which make her have a strong affinity in communication.

 

Infographics on High Fidelity Robot Expressions

In the past two years, Tang Yu has been active in many fields such as culture and education, which has left a deep impression on people.

 

Besides Tang Yu, NetDragon also has AI assistant Tang Xiaoqing and AI project manager Tang Sheng. The AI ​​team formed by them has approved more than 300,000 forms, issued nearly 500,000 transaction reminders and warnings, completed 1,288 internal rewards and punishments, and sparred employees with knowledge and skills for more than 40,000 people every year.

 

Regarding the role of virtual human as CEO, some professionals believe that the creation of AI employees based on the company's digital process is a direction worth thinking and trying, but NetDragon's operation is more suspicious of hype.

Some netizens also ridiculed: This is good, the boss is really not a human being

 

Founded in 1999, NetDragon Network Holdings Limited (Hong Kong Stock Exchange Code 777) is headquartered in Fuzhou, Fujian Province. It ranks among the top 2,000 Forbes Global Enterprises. It has more than 6,000 employees and has twice been awarded "Excellent Employer" by Fortune Magazine.

 

NetDragon has established 17173.com, a well-known online game portal in China, and independently developed game development engines such as C3 and S3, as well as games such as "Magic Domain", "Conquer", "Blade of Heroes" and "Oath of the End", and has also built a smartphone service platform. 91 Wireless, sold to Baidu for $1.9 billion in 2013.

 

In 2021, NetDragon's revenue is 7.035 billion yuan, of which the game business revenue is 3.642 billion yuan.

NetDragon Fujian, where Tang Yu is the rotating CEO, is a subsidiary company whose main business is the operation of online games.



Refer Also: New World Order




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