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Estonia’s e-Residency Generated EUR 125M in State Revenue in 2025, Bringing Total Impact to EUR 400M

The e-Residency program has proven to be a lucrative source of revenue for Estonia. In 2025, e-Residents and the Estonian companies they founded generated almost EUR 125 million in direct state revenue, bringing the cumulative economic impact of the program since its inception to nearly EUR 400 million and demonstrating how the program has driven substantial fiscal growth, according to government figures. Launched in 2014, the e-Residency initia…
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Fintech in Baltic broke the news in on Thursday, February 19, 2026.
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