Andorra Residency by Investment

Andorra offers attractive, low‑tax residency options for investors and entrepreneurs. It is not in the EU or Schengen; Andorran residence alone does not grant Schengen travel rights. Verify current thresholds, as policies are periodically updated.

Main routes

- Passive Residence – Category A (Investment): Make a qualifying investment in Andorran assets and place a refundable bond with the financial regulator. Historically, this means investing at least €400,000 in Andorran assets (real estate, local company shares, or debt instruments) and lodging a €50,000 deposit with the AFA plus €10,000 per dependent. The bond typically counts toward the total investment. You must reside in Andorra at least 90 days per year and hold comprehensive private health insurance.

- Passive Residence – Category B (International Professional): Incorporate an Andorran company and carry out activities with the vast majority of revenue generated outside Andorra (often cited ≥85%). Requires a local office/registered address, a robust business plan, substance in Andorra, and may require hiring at least one local employee within a set period.

- Passive Residence – Category C (Recognized persons): For individuals of international standing in science, culture, or sports with income derived from intellectual or image rights.

Who you can include

- Spouse/long‑term partner and dependent children (documentation of relationship and dependency required).

Key requirements (typical)

- Clean criminal record, proof of lawful funds, private health insurance (CASS enrollment not mandatory for passive routes), suitable accommodation (purchase or long‑term lease), medical certificate, and minimum annual income sufficient to support the family unit.

- Maintain the investment and presence (commonly ≥90 days/year). Local employment under passive residence is generally not permitted; managing your own assets/company is allowed within category rules.

Process and timeline

- Pre‑approval, investment/bond placement, property purchase or lease, and filing with Immigration. Biometrics and card issuance typically follow in 1–3 months after a complete file. Initial cards are usually issued for 2 years, renewable for longer periods if conditions continue to be met.

Tax snapshot

- Personal income tax up to 10%; 0% on many capital gains/dividends under conditions; IGI (VAT) 4.5%; no wealth or inheritance tax. Always confirm the latest thresholds and documentation before proceeding.