Close Menu
    • Digital Transformation
    • Open Banking
    • Funding
    • Remittance
    • Regtech
    • Hong Kong Fintech Report
    • HK Fintech Startup Listing
    • China
    • Taiwan
    • Submit Press Release
    Facebook LinkedIn X (Twitter) YouTube RSS
    • About
      • About Fintech News Network
      • Contact Us
      • Work With Us
    • FNN Media Kit
    • Fintech Newsletter
    • Submit Press Release
    • Submit
      • Submit Press Release
      • Submit Startup
      • Webinar Inquiry APAC
    • HK Fintech Startup Directory
    Fintech Hong Kong
    part of Fintech News Network

    Fintech News Network

    LinkedIn Facebook X (Twitter) Instagram YouTube TikTok RSS
    Free Newsletter
    • Payments
    • Blockchain
    • Wealthtech
    • Virtual Banking
    • InsurTech
    • Lending
    • Report
    • Fintech Events
    Fintech Hong Kong

    Fintech News Network

    Home»Korea»The First ‘E-Residency Centre’ Will Open In South Korea
    Korea

    The First ‘E-Residency Centre’ Will Open In South Korea

    Fintech News Hong KongFintech News Hong KongOctober 26, 20173 Mins Read
    LinkedIn Facebook Twitter Telegram Copy Link Email
    Share
    LinkedIn Facebook Twitter Telegram Copy Link Email
    Free Newsletter

    Get the hottest Fintech Hong Kong News once a month in your Inbox

    E-Residency is a digital identity issued by the Republic of Estonia that provides the freedom to run a global EU business entirely online.

    That provides a range of benefits to entrepreneurs around the world, but it also means that the growth of the programme is limited by where Estonia has Embassies and staff to issue the e-Residency digital identity cards.

    Until now.

    From December 2017, e-residents will be able to pick up their digital ID cards from the VFS Global Visa Application Center in Seoul, South Korea. Many countries partner with third party service providers to issue official documents and this is now the first pilot project to use one as an ‘e-Residency centre’. If successful, the project can be expanded to many more locations around the world where there is currently high demand for e-Residency, but difficulty reaching an existing pick up location.

    Minister Andres Anvelt, Director General Elmar Vaher and Mr Prabuddha Sen with the digitally signed agreement.

    The agreement was signed digitally (of course) this morning by Andres Anvelt, Estonia’s Minister of the Interior, Elmar Vaher, the Director General of the Estonian Police and Border Guard Board, and Prabuddha Sen, Regional Head CIS & Eastern Europe at VFS Global.

    “E-Residency offers foreign citizens a secure access to Estonian e-services. We work towards making the application process as easy as possible, but we also want to make the issuing of the e-residents digital ID cards more convenient,”

    said Elmar Vaher, Director General of the PBGB.

    “This will be a pilot project, but if e-residents start using our update, then it may be possible that other visa application centers in the world can also hand out our digital ID cards. We are weighing an option that visa application centers can issue documents to the Estonian citizens in the future so that Estonians living around the world can comfortably receive their documents,”

    said Vaher.

    Andres Anvelt, Minister of the Interior said that the pilot project is an important step for e-Residency to become a global service.

    Andres Anvelt

    “We must develop the service and make Estonian legal system and economy attractive. South Korean partners were very interested in the co-operation. That gives us a chance to introduce Estonia’s e-state through e-Residency,”

    said Anvelt.

    He added that next year’s development of Automatic Biometric Identification System (ABIS) will be a very important step in helping e-residency to become a global service.

    “Our identification systems are already secure, but work in that area will never end. We need to be proactive, not reactive, because it might be too late,”

    said Anvelt.

    The Estonian Police and Border Guard Board (PBGB) has issued 24 028 e-resident digital ID cards since the programme was launched.Their role is vital because e-Residency is a secure, government-issued digital identity that provides access to an open and transparent business environment for legitimate entrepreneurs. This enables e-residents to operate with greater trust and reach more opportunities online. We will keep you updated on the official launch in South Korea, but anyone in the world is welcome to apply today to join our new digital nation at e-resident.gov.ee.

     

    This article first appeared on medium.com, Featured image via Pixabay

     

    E-Residency PBGB VFS Global VFS Global Visa Application Center
    Share. LinkedIn Facebook Twitter Telegram Copy Link Email

    Author

    Avatar photo
    Fintech News Hong Kong
    • Website
    • Facebook
    • X (Twitter)

    Related Posts

    KB Kookmin Bank to Deploy Kinexys by JP Morgan for Import Export Payments

    September 4, 2026

    NYSE and Korea Exchange Sign MoU for Business Collaboration

    September 4, 2026

    BitGo Korea Gets Green Light for Virtual Asset Custody, Backed by SK Telecom

    August 20, 2026

    Ripple Signs Its First Korean Regional Bank in Cross-Border Remittance Deal

    August 18, 2026

    South Korea Digital Regulation Startups Face Mounting Funding Hurdles

    August 5, 2026

    Kakao Group and Circle Explore Digital Asset Infrastructure in South Korea

    July 23, 2026

    HashKey Partners Kbank and BPMG to Explore KRW Stablecoin Payments

    July 22, 2026

    SBI XDC Partners With DSRV to Explore Enterprise Solutions in Japan, South Korea

    July 14, 2026
    Payments Sponsored

    Why Multi-Currency Cards Need More Than Card Issuing

    7 August 2026
    Fintech Hong Kong Newsletter
    Subscribe to the most important Fintech Hong Kong News
    Follow Us
    • LinkedIn
    • Facebook
    • X / Twitter
    • Instagram
    • YouTube
    • TikTok
    Blockchain/Bitcoin Security Sponsored

    Thales Maps Out a Complete Institutional Digital Asset Security Framework

    Izzat Najmi AbdullahAugust 24, 2026
    Featured Fintech Reports

    LexisNexis Solutions

    Featured Fintech Programme

    Global FastTrack

    Featured Fintech Event

    Hong Kong FinTech Week and StartmeupHK

    Featured Webinar Replay

    Featured Fintech Videos

    TNG Digital

    Hong Kong Fintech Report

    Hong Kong Fintech Report 2025

    Australia Fintech Map

    Australia Fintech Map

    Philippines Fintech Report

    Malaysia Fintech Report

    MY Fintech Report 2025

    Singapore Fintech Report

    SG Fintech Map 2025

    Indonesia Fintech Report

    Indonesia Fintech Report 2025

    UAE Fintech Report

    UAE Fintech Map 2024

    Whitepapers & E-Books
    State of Digital Trust: AI Governance Benchmark
    State of Digital Trust: AI Governance Benchmark
    Sumsub
    Upcoming Fintech Events
    Taiwan Innotech Expo 2026
    September 17, 2026
    -
    September 19, 2026
    Taiwan
    -
    Taipei
    Fin.Tech Marketing Community Hong Kong Conference 2026
    September 22, 2026
    Hong Kong
    APAC fin.tech Marketing Conference 2026
    September 22, 2026
    Hong Kong
    -
    Central
    HKIB Annual Banking Conference 2026
    September 25, 2026
    Hong Kong
    -
    Wanchai
    iFX EXPO Asia 2026
    October 7, 2026
    -
    October 9, 2026
    Hong Kong
    Promote Event View More
    FINTECH RESOURCES

    Navigations
    • About Fintech News Network
    • Contact Us
    • Media Kit
    • Work With Us
    • Fintech Hong Kong Newsletter
    • Submit a Fintech Hong Kong Press Release
    • Fintech Events Hong Kong & China
    • Fintech HK Startup Report
    • Submit Your HK Fintech Startup
    • Privacy Policy / Disclaimer
    Other Fintech News Network Publications
    Fintech News Hong Kong
    Fintech News Singapore
    Fintech News Malaysia
    Fintech News Philippines
    Fintech News Network Indonesia
    Fintech News Network Australia
    Fintech News Switzerland
    Fintech News Baltic
    Fintech News Nordics
    Fintech News America
    Fintech News Middle East
    Fintech News Africa
    Get Informed

    Subscribe to Updates

    Subscribe to the most important Fintech Hong Kong News

    LinkedIn Facebook X (Twitter) YouTube RSS
    • About Fintech News Network
    • Contact Us
    • Media Kit
    • Work With Us
    • Fintech Hong Kong Newsletter
    • Submit a Fintech Hong Kong Press Release
    • Fintech Events Hong Kong & China
    • Fintech HK Startup Report
    • Submit Your HK Fintech Startup
    • Privacy Policy / Disclaimer
    © 2015 - 2026 Copyright Finanzpro GmbH. All Rights reserved.

    Type above and press Enter to search. Press Esc to cancel.