ANDORRA RESIDENCE WITHOUT LUCRATIVE ACTIVITIES

 

Launched in 2012, the Andorra residence without lucrative activity was created to cater to global investors looking to relocate in Andorra and benefit from its low tax environment. The program has been very popular with Spanish and French nationals. This residence by investment program requires an investment in assets of 400,000 Euro to be held for your length of stay in Andorra or until you change your immigration status. After 7 years of residence, applicants can obtain a 10-year long term residence permit. Naturalization is not a straightforward process and can take 20 years to qualify. Andorra is not part of the European Union but use the Euro. Nevertheless, an Andorra resident from a third country receives a EU Visa to be able to travel in and out of the EU.

 

Location

Europe

Population

77,000

Capital

Andorra la Vella

Currency

Euro (EUR)

Language

Catalan

Investment Amounts

 
 

Application Process


Benefits

  • Parents can be included as dependents if at charge and over 65y old
  • Children can be included as dependent up to 25 years old if registered to school
  • Low physical residence requirements of 90 days a year
  • Low tax environment of 10% on income

 

 

Requirements

  • Accommodation in Andorra
  • Provide a Police report
  • Pass a medical exam and have valid health insurance in Andorra
  • Proof of annual revenue equivalent of 300% of the annual minimum wage

Contact us to find the right program