Then British firms started being frozen out of European research projects and public procurement contracts. Eventually, around two-thirds of Vistalworks will be based in Estonia, and those workers will pay income and payroll taxes there, not in Britain. Corporate tax on the European company will be levied in Estonia too. At the end of 2020 Ms. Brock and her business partner and husband, Stephen Budd, headed to Estonia before a Brexit-related deadline to request residency rights in the Baltic country. Estonia is only one of a number of countries that offer such opportunities for so-called “digital nomads” who do not need to live in the country.

Source: New York Times November 09, 2021 00:46 UTC