Andorra Expat Resources: Everything You Need to Make the Move

Andorra Expat Resources

Before you take the life-changing decision of settling down in a new country, it’s worth researching the small things about your new home.

This will help you to have a clear understanding of what you need to do to make it happen, and the realities you’ll face in this new environment.

This article will serve as a detailed list of Andorra expat resources; everything from residency to restaurants, so you can prepare to live to your fullest in this beautiful country.

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Andorra’s Cost of Living in 2018

Andorra's Cost of Living

Anyone considering moving to a new country should consider the cost of living on the other side.

While you’ll quickly discover the tax system in Andorra is favourable, you know that Monaco also has low tax rates, but few can actually afford or justify living there after they pay the high cost of living.

Although it’s impossible to list every single thing you could buy when moving to Andorra, in this article we’ll give you an overview of some different prices that will affect your daily life in Andorra.

We think you’ll find that Andorra’s cost of living is very reasonable.

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The Best Place to Live in Andorra

Incles Valley: the best place to live in Andorra?

Andorra might be a small country, but in its 468km² there’s plenty of variety for every taste.

From the busy city of Andorra la Vella to the idyllic countryside of Ordino, you’ll find that sweet spot to call home in our beautiful country.

But if you haven’t had enough time to explore every possible option, how are you going to find that wonderful place?

Luckily for you, we have compiled a thorough review of every comu, showing you the ins and outs of the regions and why you should consider them as your best place to live in Andorra.

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Andorra Tax Rates

Andorra's tax rates for personal income tax, corporate income tax, and value added tax are fair and reasonable.

Andorra is a small European country with an outsized reputation for favourable tax rates.

The highlights include a low value-added tax, no sales tax, and a low personal income tax, among others. The advantages also extend to the Andorra corporate tax rate.

As well as being lower than those in almost every other nearby jurisdiction, Andorra’s tax rates are also relatively straightforward.

That said, if you are thinking of relocating to Andorra it makes sense to base your decision on a complete understanding of the situation.

This is our primer on Andorra’s tax rates for individuals and corporations. We’ll cover sales tax, value-added tax, income tax and other tax rates.

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Andorra’s Property Prices

Andorra Property Prices

Whether you’ve spent some time living in Andorra and decided it’s time to buy a property to call home or are simply looking for a new country to invest in real estate, learning the current prices in the market will give you an advantage.

Andorra is a small country with a limited real estate market and frankly, market data is scarce.

With the ever-increasing influx of new residents and tourists, the market is on the rise, and new opportunities are showing up everywhere.

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Andorra Citizenship by Investment

Holders of Andorran passports, those from the Shenghen zone and a few other countries don't need any visas at all to travel to Andorra through France or Spain.

There’s a vast difference between residing in a country and truly being part of it.

Once you’re a citizen, you won’t need to renew residence permits or abide by residency rules such as staying for set periods of time within the borders for fear of losing it.

Moreover, you’ll also gain rights in the country like voting and applying for administrative or political positions.

In this article we’ll run you though the challenges of citizenship by investment in Andorra, and how you can go about becoming a citizen here.

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How to Get an Andorran Residency Visa

Andorra Residency Visa

There are plenty of reasons for expats to look into gaining a residency visa in Andorra. The country has one of the lowest tax rates in the world, a high quality of life, and is a very safe place to live.

Anyone can apply for a residency visa. The only catch is that you will need to meet the requirements and provide the necessary documents – all information you can get from our site.

Andorran residency falls into two different categories, which have further sub-categories:

  • Passive residency:  For individuals that will perform most of their economic activity outside of Andorra during their stay
  • Active residency:  For individuals that wish to make Andorra their home and to work full time within the country

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Andorra Residency Rules

Due to the high amount of foreigners applying for permits to live in Andorra in recent years, Andorra’s residency rules have been tightened by the government.

These are rules you must follow to acquire and maintain your residency. They are in place to ensure that Andorra only attracts the most productive and serious candidates.

During your application and stay, Andorra’s residency rules entail proof of income, insurance, background checks, and more. The type of residency you apply for and obtain also changes the requirements you must meet, too.

In this article we’ll cover the headline requirements you need to meet.

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International Schools in Andorra

International schools in Andorra focus on their global curriculum and holistic learning.

As just about every real estate listing demonstrates, most people want to live close to a good school. Happily, there are two very good international schools in Andorra, and the principality is so compact that just about everywhere is relatively close.

With school attendance mandatory in Andorra and homeschooling not allowed, schools are essential for those who have children, and those considering it.

Of course, their presence also has a positive effect on nearby property values.

Agora International School of Andorra and the British College of Andorra are the two international schools in Andorra.

In this article we’ll review the details you need to know about them.

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Personal Income Tax in Andorra

The Andorra income tax system is fair and straightforward.

Andorra is widely known for having one of the lowest income tax rates in Europe. In this article, we’ll cover the details around Andorra’s income tax.

That said, the headline number under the Andorran tax system, is that no one pays more than 10% of their income in tax.

Other basic details include the fact that only the national government levies income tax in Andorra (unlike some countries where residents might pay federal and state income tax) and an increasing number of double-tax treaties signals Andorra’s becoming further integrated in the global business investment environment.

Personal income tax is one of the primary concerns to consider when deciding to find a jobform a company, and otherwise live in Andorra.

Andorra’s advantage is that it has a relatively low rate and a fairly straightforward system for taxation.

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