Passive residence in Andorra
Find out how to optimise your income easily
Our Gestoria la Peguera business centre assists its clients in the process of obtaining passive residence in Andorra. We guarantee tailor-made support for your expatriation. Our experts are at your side for all your day-to-day administrative procedures in Andorra.
The advantages of the Principality of Andorra
Possibility of opening management accounts
Possibility of investing in Andorra and acquiring property with no investment limit
Family reunification possible
The largest ski area in the Pyrenees (over 400 km of pistes)
4 languages spoken: Catalan, French, Spanish and Portuguese
Virtually no crime
Unemployment rate close to 0%.
Social security ranked first out of 185 countries (including France)
Double taxation treaty
No inheritance tax
No wealth tax
Real Estate (IFI)
Little or no income tax
Banking secrecy guaranteed for residents
Company vehicles: no VAT, no carbon tax and no ecological penalty
Vehicle registration (cars, planes, boats, etc.)
Approval of the driving licence for an Andorran driving licence without points
What is a passive residence?
Passive residence is granted to people wishing to settle in the Principality of Andorra without working there. This type of not-for-profit residence is the best option for people with passive income (pension, retirement, bank interest, etc.) or who wish to invest in property or finance.
Unlike active residence, which requires 183 days‘ presence in Andorra, passive residence requires only 90 days’ presence per year.
Our Gestoria la Peguera business centre can provide you with legal, tax and legal advice in France or Andorra. Each project is unique, and we are committed to providing you with the solution best suited to your needs, in compliance with the legal provisions in force. Please do not hesitate to contact us if you require any further information.
la résidence passive
Les conditions d’éligibilité
Passive tax residence in Andorra is linked to an investment on Andorran territory, without any gainful activity. You must meet certain conditions for your application to be validated by the Andorran Ministry of the Interior:
- Dedicate €600,000 to an investment in Andorra. This may involve the purchase of real estate, financial investments in a personal account or investments in Andorran companies;
- Pay a deposit of €47,500 to the
- Andorran Financial Authority (AFA);
- Demonstrate financial security by proving income in excess of 300% of the Andorran minimum wage;
- Contract to buy or rent a property in Andorra ;
- Have a private health insurance contract;
- Provide proof of health, pension and disability insurance;
- Pass a medical examination in
- Andorra. The certificate is issued by the Andorran immigration department;
- Have a clean criminal record;
- Have a valid passport.
Passive residences in Andorra, a better quality of life
Moving to Andorra is synonymous with a whole new life for many expatriates. While this choice allows them to avoid double taxation, it is also a way of enjoying the benefits of Andorran life on a daily basis. The quality of its educational facilities, its health system, which is among the best in the world, and its rich and secure environment make Andorra a tax residence that has everything to seduce you.
FAQ
We will use your feedback to respond to your questions and expectations.
Why choose a passive residence in Andorra?
If you have passive income and would like to invest in Andorra, passive residency is the right option for you. Passive residence does not give you the right to work in Andorra or to carry out any economic activity there.
What are the limits of passive residences?
First of all, not everyone can afford a passive residence. A property investment of €600,000 and a deposit are the first obstacles to this type of residence.
What’s more, passive residences do not give you the right to carry on a gainful activity in the country. It is therefore not possible to open an asset management company and then develop your investments there.
Finally, passive residency does not give you the right to benefit from Andorran social security. Residents must subscribe to a private health insurance scheme. These organisations are generally more expensive.
Does passive insurance allow me to domicile sources of income other than my pensions?
No, this is not possible. Not everyone with (for example) income from one or more foreign companies can domicile this income in Andorra. Passivity is very limited in terms of investment and tax optimisation.
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