e-residency

orxanhuseynli
Contributor
Contributor

Hi.

I got e-residecy from Estonia. I also established an e-company in this country. I have a bank account on Transferwise (no deibt card).

I live in a country that doesn't support receiving money.

 

Can I open a PayPal business account in this country and receive money via PayPal? 

I have e-residency card.

 

Thank you.

 

Sincerely

Huseynli

 

 

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2 REPLIES 2

kernowlass
Esteemed Advisor
Esteemed Advisor

@orxanhuseynli 

 

No because paypal is not supported in your country for receiving payments.

You can only send payments funded via a credit card.


Advice is voluntary.
Kudos / Solution appreciated.
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orxanhuseynli
Contributor
Contributor

Thank you.

😐

 

And this is e-Residency's answer:

 

PayPal is a private company that has the right to decide who it can open accounts for so no one but them can guarantee that you will be able to open one. Though e-Residency programme does not directly help to open a Paypal account, we know that many e-residents use Paypal for their business banking.

Please note that PayPal does not support non-EU residents even if they own Estonian companies, because they fall out outside of PayPal Europe licensing scope.

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