Living in Andorra

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suspensio-temporal

Temporary suspension of foreign investment in property                               

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The Andorran Government has announced the temporary suspension of foreign investment in property. This initiative, which has already been approved by the Andorran parliament, is intended to alleviate the national problem of a lack of affordable housing for renting. It has been introduced as a transitional measure pending the introduction of the tax on foreign investment in property, which is expected in the autumn. Table of contents: Moratorium on approvals for foreign investment in property Draft law reforming the law …

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GGI-Global-Alliance

Our experience as part of the GGI Global Alliance

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In an increasingly interconnected world, companies face major challenges in providing their services. For this reason, belonging to an international group of companies that face the same challenges as we do has become a strategy for business success. Since 2019, we have been part of an international network of companies and professional people: the GGI Global Alliance. For us, it is the perfect alliance to promote growth in the provision of services to clients from all over the world who …

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How has the opening of Andorra-La Seu d’Urgell Airport affected the country?

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Until recently, the only way to reach the Principality was by road. If you wanted to get there by air, you had to fly to Barcelona or Toulouse, which were the closest airports. However, they are about three hours away by car or public transport. To make itself more accessible, Andorra launched its first airline, connecting the Pyrenees with Madrid, at the end of 2021. Table of contents: The Andorra-La Seu d’Urgell Airport A new start for a dormant airport …

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residencia-pasiva

Residence in Andorra: apart from lucrative activity

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Passive residence without gainful activity is a type of residence that allows you to live in Andorra without carrying out any economic or professional activity there. In other words, it is a residence permit for people who have sufficient income to support themselves without having to work. In this article, we explain what the passive residence permit without gainful activity in Andorra is, and also the requirements for obtaining it, and the advantages. Table of contents: Conditions of application for …

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banca-andorrana

How Andorra’s banking system works: the keys to understanding Andorran banking

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One of the most interesting aspects of our country is the way in which the Andorran banking and financial system works. For this reason, in this article we are going to explain the most important characteristics of that system. You will certainly find it useful to know about them if you are thinking of moving here. Table of contents: Information about banking in Andorra Activities and services offered by banks in Andorra Andorra is part of the SEPA zone Bodies …

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Guide to opening a business in Andorra in 2023                                                     

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The Principality has become a magnet for foreign businessmen wishing to set up in Andorra and take advantage of its many benefits. These include its excellent taxation conditions, its high quality of life and its geographical location between France and Spain, with good communications. In 2021 alone, 916 applications for foreign investment were approved and formalised. This demonstrates the Principality’s great potential. If you are thinking of opening a business in Andorra from abroad, this article is for you. Table …

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residir-andorra

What benefits are there for new investors who want to live in Andorra?

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Andorra continues to be a hot and trending topic in the Spanish media, after Spain’s biggest YouTuber, El Rubius, announced he was moving his residence to the principality. The possibility of living in Andorra is also attracting increasing interest from other types of foreign investors, not just content creators and digital nomads. New investor demographics In the last year, interest in permanently relocating to Andorra has increased by 15 to 20%, according to data from the Diari d’Andorra. Two main …

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Andorra gains more residents in 2019 and increases its population by almost 2%

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The latest figures provided by the Statistical Office of the Government of Andorra show an increase of almost 1,400 people, which represents a 1.8% growth of the total population. Of the Principality of Andorra’s 77,543 inhabitants, 28.9% (22,480 people) live in the capital, Andorra la Vella. The second most populous parish is the centrally located Escaldes-Engordany, with 14,599 inhabitants (18.8% of the total). Ordino and Canillo are the least populated areas, with only 6.4 and 5.6% of the total population, …

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Tax residency in Andorra for traders, advisors, models, YouTubers, influencers or programmers

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This article has been revised and updated in accordance with the latest amendments to Andorran regulations. Updated August 2023. It is a fact that residing in Andorra on a permanent basis is a very attractive option for some citizens of Spain, France and other European countries. In addition to a high quality of life and the enchanting landscapes, Andorra offers them the opportunity to pay less tax on the income derived from their wealth or professional activities than they otherwise …

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residencia-fiscal

FISCAL RESIDENCY IN ANDORRA FOR SPORTSPEOPLE, SCIENTISTS AND ARTISTS

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This article has been revised and updated in accordance with the latest amendments to Andorran regulations.Updated August 2023. Although Andorra is no longer a tax haven, it is undeniably a very appealing country for sporting, science and cultural personalities.After the signing of more than 20 exchange of information conventions between our principality and countries such as Spain, France, Portugal, Switzerland, Germany, Austria, Belgium and the Netherlands, among others (you can see the details of all the countries here), Andorra was …

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