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Looking For A GILT(I)-Free Structure? Try Estonia

By Jeffrey Rubinger and Summer Ayers LePree (April 4, 2019, 3:36 PM EDT) -- Estonia, the small Baltic country of just 1.3 million people situated halfway between Sweden and Russia, was named "the most advanced digital society in the world" by Wired magazine. According to recent figures, Estonian residents complete their taxes online in under five minutes, 99% of Estonia's public services are available on the internet 24 hours a day and nearly one-third of its citizens vote via the internet. With these advanced technological features, it is not surprising that its government boasts that Estonia is home to more tech unicorns (i.e., private companies valued at more than $1 billion) per capita than any other small country in the world....

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