foreign investment

{{post_date}}

Centro-investigación-grifols

Andorra will welcome a pioneering research centre from Grifols

by

Grifols will be creating a pioneering complex for scientific and health research in Andorra. The Andorran government and the pharmaceutical holding company have announced an agreement to develop a research centre that will begin operating in 2023. A new project that will position Andorra at the cutting edge of scientific research Pharmaceutical company Grifols has chosen Andorra as the location for an immunology research centre that will focus on finding new therapies and cures for immune system conditions. Location is …

Read more

residir-andorra

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

by

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 …

Read more

Blockchain-Andorra||Blockchain-Andorra

Blockchain in Andorra: increasingly close to regulatory law

by

Andorra is working on a regulatory framework for blockchain technology that will open the door to the regulation of cryptocurrencies. As there are currently no regulations in force to legislate this type of activity, the principality could be one of the first countries to have its own legislation. Andorra and blockchain: another step towards digital transformation This is one of the 77 initiatives proposed by the government in Horitzó 23, Andorra’s economic plan. The digital transformation section includes a modification …

Read more

Horitzó 23||andorra-horitzo-23

Horitzó 23: Andorra’s economic plan for meeting the challenge of COVID-19 recovery

by

Andorra is preparing to deal with the consequences of the crisis caused by the COVID-19 pandemic. As a result, the Andorran government has unveiled a new action plan entitled “Horitzó 23 (H23)”, which outlines a series of measures for reactivating the country’s economy. What does “Horitzó 23” include? This strategic plan comprises 77 actions, spread across 20 initiatives, which are based on three main pillars: social welfare, the economy and innovation, and other measures focused on digital transformation and internationalisation. …

Read more

Foreign-investors

Requests from foreigners to invest in Andorra have increased

by

Andorra has piqued the interest of foreign investors who want to establish themselves in the country during this very unusual year. So far in 2020, around 400 applications for foreign investment have been registered.   Remote working triggers requests The new situation caused by the coronavirus pandemic has resulted in the need to adopt new ways of working due to social distancing. A consequence of this is that remote working is becoming increasingly common, which, along with a more competitive …

Read more

Foreign-investors

Foreign investment in Andorra grew in 2019

by

In July, the statistics department of the Andorran government will present its annual report on foreign investment and the conclusions drawn from it will be positive. In 2019, the volume of declared initial investment hit 337 million euros, representing growth of 88.1%. However, submitted requests decreased by 13%. Positive foreign investment requests 584 applications for foreign investment were submitted to the administration, 541 of which were accepted. Even though this is 73 less requests than in 2018 (-11.8%), investments were …

Read more

tax-haven

Andorra is no longer a tax haven, but it still retains its investment appeal

by

The days when Andorra featured on the EU list of tax havens are long gone. The legal tax reforms introduced in Andorra and the creation of a tax system that is equivalent to the European one have helped to remove the country from the black list. Nevertheless, our country is still a highly attractive option for foreign investment. Simple foreign investment If a company wishes to base itself in Andorra, it can be very easy to accomplish. Although companies must …

Read more

Te ayudamos a crear una sociedad en Andorra

How to create a company in Andorra

by

The benefits of Andorra’s tax system are obvious when compared to the vast majority of European countries, which makes it an incredibly attractive location for the creation of companies and corporations. In addition, Andorra boasts a very high level of personal safety (it has one of the lowest national crime rates worldwide), a superb health and education system, and a per capita income that is among the highest in the world. Andorra is the perfect country for investment and business, …

Read more

Geneva International Group

Advantia Assessors, a new member of Geneva Group International

by

Advantia Assessors has joined Geneva Group International (GGI), a global alliance of independent professional firms, which has been represented in Andorra since September. Expert advice on a global scale As a member of GGI, Advantia Assessors can supplement their current knowledge and experience with world-class international resources, enabling better advice on a global scale.The significant international presence of Geneva Group International ensures constant support from local experts in operations that require internationalisation.This high-level contact network allows us to offer effective …

Read more