+34 68 911 88 69 
+382 69 704 986 Andorra residence permit by investment
Low taxes and flexible stay requirements
- Minimum investment: from EUR 400,000
- Processing time: from 2 months
- Visa-free travel to Spain and France
Unlock your options — consult with an expert today
Program overview
Andorra has one of the most favourable tax systems in Europe. The country offers a legal route to residency through its passive residence programme. A residence permit may be obtained by purchasing real estate worth from EUR 400,000, placing funds in an Andorran bank or investing in other approved assets. To maintain the status, residents are required to spend at least 90 days per year in Andorra. Residents may benefit from no tax on dividends and capital gains, while also reducing their personal and corporate tax liabilities. The residence permit can also cover eligible family members, including a spouse, children under the age of 25 and financially dependent parents.
Benefits of an Andorra residence permit
Favourable tax regime for residents
Personal and corporate income tax rates do not exceed 10%. There are no wealth or inheritance taxes, while capital gains may be exempt from tax after 10 years of ownership.
Only 90 days of residence required
Thanks to flexible residence requirements, the status can be maintained by spending just three months per year in the country.
Flexible investment options
Capital under the passive residence programme may be invested in different types of assets, including real estate, shares in Andorran resident companies, debt securities and other financial instruments.
Residence permits for the whole family
A single application may include a spouse, financially dependent children under the age of 25 and dependent parents, regardless of their age.
High-quality healthcare
Obtaining mandatory health insurance provides access to high-quality medical services at local clinics.
Visa-free travel to European countries
Residents can travel freely to France and Spain, while a Schengen visa can be issued in as little as one day.
What an Andorra residence permit offers
Get a detailed guide to obtaining an Andorra residence permit
- A step-by-step action plan for investors
- Detailed requirements and costs
- A tailored strategy for obtaining a second passport
- The latest program terms
Get a detailed guide to obtaining an Andorra residence permit
Who is an Andorra residence permit suitable for
- Owners of international businesses
- Investors and wealth managers
- Wealthy retirees and individuals living on passive income
- IT entrepreneurs and digital nomads
Owners of international businesses
Residents can manage companies abroad while benefiting from a low tax burden. Assets can be structured through Andorran holding companies, potentially achieving an effective tax rate of 2%. At the same time, residents retain their mobility, as they only need to spend 90 days per year in the country.
Investors and wealth managers
Capital gains may be exempt from tax when assets have been held for more than 10 years. Residents also gain access to private banking services that are not linked to the automatic exchange of information. Investment portfolios can be diversified through local investment funds.
Wealthy retirees and individuals living on passive income
Residents can live on passive income, while foreign-source income is not subject to local taxation. They also benefit from premium healthcare and a safe living environment. Investors can maintain their usual lifestyle while spending only a limited amount of time in the country.
IT entrepreneurs and digital nomads
Online businesses serving clients worldwide can operate with a 10% tax rate. Andorra offers high-speed internet and well-developed infrastructure, while the technology hubs of Barcelona and Toulouse are located nearby.
A legal route to European residency with a transparent tax structure
- No requirement to work or operate a business to maintain residence status
- Lower taxes and secure capital protection in Europe
- Minimal physical presence requirements
- Safety, privacy and comfort for the entire family
Unlock your options — consult with an expert today
Investment options
Real estate investment
The applicant purchases residential or commercial property worth at least EUR 400,000. The property may be rented out. The contribution to the AFA state fund is EUR 47,500 for the main applicant.
Investment in financial instruments
An amount of EUR 600,000 is invested in shares of Andorran companies, government bonds or investment funds rated BBB or higher. The expected annual return is 2–4%. The capital may be withdrawn after two years without affecting residence status.
Investment cost breakdown
Real estate
Financial instruments
Investment
from EUR 600,000
EUR 600,000
AFA fund contribution
EUR 47,500
EUR 47,500
Administrative fee
EUR 3,000
EUR 3,000
Health insurance
EUR 1,800 per year
EUR 1,800 per year
Total
from EUR 652,300
from EUR 652,300
Request a personalized investment plan for obtaining Andorra residency
A Mirsatori specialist will develop a tailored residence permit strategy with a detailed breakdown of each stage, taking into account your family composition, investment amount, government fees and related expenses.
Request a plan
Request a personalized investment plan for obtaining Andorra residency
Who can be included in the residence permit application
Spouse or registered partner
- The relationship must be formalised through marriage or a registered partnership.
Children under the age of 18
- This includes children from the main applicant’s previous marriages.
Adult children under the age of 25
- They must be unmarried and financially dependent on the main applicant.
Parents of any age
- They must be fully or partially financially dependent on the main applicant.
Stages of obtaining an Andorra residence permit
Stages of obtaining an Andorra residence permit
Initial assessment and investment selection
5 business days
The Mirsatori team conducts a preliminary assessment to determine whether the applicant meets the programme requirements and recommends the most suitable investment option, such as property in a prestigious area or fixed-income financial instruments.
Learn moreDocument preparation and legalisation
3–4 weeks
The application documents are prepared in accordance with the requirements of the Andorran immigration authorities. Certified translators provide professional translations into Catalan. The documents are then apostilled and notarised as required.
Learn moreApplication submission and government checks
4–8 weeks
The documents are submitted to the Immigration Department through a licensed agent. The applicant then undergoes due diligence checks using international databases. If the application is successful, preliminary approval is issued by the Andorran authorities.
Learn moreInvestment completion and final approval
Up to 6 months from preliminary approval
The applicant transfers the required funds to an Andorran bank account or completes the property purchase. A deposit of EUR 47,500 is paid to the AFA. Final approval is granted once all investment requirements have been fulfilled.
Learn moreResidence card issuance
1–2 weeks
A short visit to Andorra is required to complete a medical examination and sign the necessary documents. The residence card is issued for two years and can be renewed. Bank accounts may also be opened and tax residence formalised at this stage.
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Comparison of the Andorra residence permit with other programmes
Andorra RP
Turkey RP
Malta PR
The UAE RP
Minimum investment
from EUR 400,000
from USD 200,000
from EUR 182,000
from USD 550,000
Family members can be included
yes
yes
yes
yes
Status validity
2 years
up to 2 years
permanent
10 years, renewable
Processing time
from 2 months
from 2 months
from 3 months
from 1 week
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Other ways to obtain residency by investment
Country
Investment
Processing time
Key benefits
Turkey
Investment
from USD 200,000
Processing time
from 2 months
Key benefits
Details
- Residence status for the main applicant and family members
- One-year residence permit with the option to renew
- Path to citizenship after 5 years of residence
Malta
Investment
from EUR 182,000
Processing time
from 3 months
Key benefits
Details
- Premium real estate ownership
- Option to apply with family members
- Residence in the European Union
The UAE
Investment
from USD 550,000
Processing time
from 1 week
Key benefits
Details
- No language proficiency requirement
- Option to apply with family members
- Investment in liquid real estate
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Frequently asked questions
How much must be invested to obtain an Andorra residence permit?
A minimum of EUR 400,000 must be invested in the state real estate fund. The applicant must also demonstrate an annual income of at least EUR 52,000, plus EUR 17,000 for each family member included in the application.
Can holders of a passive residence permit work in Andorra?
Passive residence status does not allow the holder to take up employment or conduct business activities in Andorra. All income must come from sources outside the country. However, a resident may serve as a director of an Andorran company and receive passive investment income.
What tax benefits are available to Andorran residents?
For annual income above EUR 40,000, the personal income tax rate does not exceed 10%, while the first EUR 24,000 is tax-exempt. Dividends received from Andorran companies are not taxed. Andorra does not levy inheritance, gift or wealth taxes. Capital gains from the sale of real estate are exempt from tax after 12 years of ownership.
Is knowledge of the local language required to obtain a residence permit?
There is no language examination for obtaining a residence permit. Sworn translators translate all required documents into Catalan. Spanish, French and English are also widely spoken in the country.
Can Andorran citizenship be obtained through investment?
Andorra does not offer a citizenship-by-investment programme. Citizenship is available only through naturalisation after a prolonged period of residence, including under passive residence status with a minimum stay of 90 days per year. The required period may be reduced for applicants who studied in Andorra or are married to an Andorran citizen.
How is the residence permit renewed, and what requirements must be met?
The initial residence permit is issued for two years and can subsequently be renewed. To maintain the status, the applicant must retain the qualifying investment, spend at least 90 days per year in Andorra, hold valid health insurance and continue to demonstrate sufficient financial means. The renewal process can be completed remotely with the assistance of a local representative.
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Consult with a Mirsatori specialist in the way that works best for you. We will review your request, assess the scope of work, calculate the cost of support, and offer a solution aligned with your goals. Fill out the form to schedule a meeting in the office or online
