Kaja Kallas, Estonia’s prime minister since January 2021, told City A.M. this morning that her country is benefitting hugely from Britain’s departure from the European Union.
“When the United Kingdom decided to leave the European Union, many British friends took up our e-residency services,” she said.
“It clearly increased after Brexit, even before actually, even when the vote happened, we saw a spike.”
“We have seen more than 4,000 British companies coming to Estonia,” Kallas continued, explaining that the UK companies’ main reasons were access to the EU, the country’s tax system, as well as Estonia’s flourishing tech scene and digital infrastructure.
For example, Kallas said that Estonia currently has seven unicorns – a tech firm valued at more than $1bn. “Given that we are only 1.3m people, this is a lot,” she pointed out.
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