Just came from Tallinn, Estonia. A few things that are very interesting to me:
- ex-soviet republic, less economically developed during communism than (Czecho)Slovakia, but now way more developed
- digital transformation - nice that you can apply for the eID remotely, but otherwise the systems are not too ahead to Slovakia's e-government.
- The accounting practices and principles for running a company are basically EU-standard, if you have run a company in EU, you know how it works (VAT, etc.)
- On the other hand, no bullshit - no transaction taxes, micromanagement of social / health insurance, VAT rates changing year to year. Very stable, easy, no bullshit - file invoices, tax return, you're good to go, no one bothers you
- no tax on reinvested income - basically, you only tax what you pay out as dividend on company level too. This promotes investment and development. The only other country in EU that has this is Poland, but with much stricter conditions (not for digital nomad projects).
- attracts immigrants (both people and companies) from Finland and abroad - proximity, huge tax benefits, you can basically be ~22% income taxed, many athletes or other companies (Hololife center) moving from Finland to Estonia. Cheap and high quality access to EU markets
- High quality - Tallinn has several Michelin-rated restaurants (Bratislava none), hipster specialty coffee shops (at least as good as Bratislava), sauna culture (although Bratislava is getting better)
- people are friendly, they speak many languages (common for an Estonian to speak Estonian, Russian, Finnish and English - at the same time!)
Downsides: - weather especially in winter (no sunlight)
Meanwhile in Slovakia - entrepreneurs fed up, moving abroad, too much bullshit