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transferring-tax-residence

Careful planning is key to transferring your tax residence to Andorra

Settling in Andorra involves much more than just getting a residence permit. If the move also involves changing your tax residence, particularly if you’re coming from Spain, it’s important to plan properly. Ensuring that your new administrative, tax, professional and personal circumstances accurately reflect your situation is also essential.The goal is to relocate in a well-planned and logical way, with all the necessary safeguards in place from the outset. Thoroughly planning a change of residence helps with minimising risks, complying …

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Andorra’s Omnibus 2 Law: new requirements for residency and foreign investment

The Omnibus 2 Law introduces significant changes to Andorra’s residency and investment policies. One of the most notable changes is the increase in the minimum investment required for passive residency, rising from €600,000 to €1 million. The initial contribution of €50,000 required from passive residents and self-employed individuals is also being modified to make it non-refundable, though there will be some exceptions.If you are considering applying for residency in Andorra, this article will be of interest to you, as the …

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