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 …