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.
Andorra’s passive residency program offers visas to individuals that wish to become a resident of the country, while performing most of their economic activities outside of it. Residency in Andorra allows individuals to legally minimise their tax while maintaining an enviably high standard of living.
Initially, passive residence permits are given for 2 years. This is then renewed for another 2 years, then 3 years, then 10 years. After 20 years, you can apply for citizenship.
Applicants must complete a criminal background check, while also providing proof of income and private health insurance. Income must be at least 300% the average Andorran annual minimum salary of €12,604.80, so you will need to show €37,814.40 in income each year. If applicants are bringing family, this same rule must be applied to each family member except at a rate of 100%.
This means a 4 person family with 3 dependents would need to show an income of €75,628.80.
Through the mid-2000’s Andorra’s property market was booming, with a claimed 50% price jump over 5 years.
Then the GFC hit, with average prices dropping 25%.
In this article we’ll run you through some key considerations before renting or buying in Andorra’s property market and where the market sits in 2018, including prices per square metre.
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.
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.
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.
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.
Andorra is an attractive place to live because of the friendly people, almost no crime and easy access to the outdoors. It also happens to be a remarkably small country with a limited supply of housing and an occasionally harsh climate, so it makes sense to pay careful attention to where you live.
The relatively low tax regime is one of the country’s most famous characteristics. This applies to capital gains on real estate but only on a declining basis after several years of ownership. Details like that are important to note when considering your Andorra real estate options.
Below we outline how to start your real estate search in Andorra and give some background on what you need to know about the legalities of Andorran real estate.
If you’re from a major country with a competitive real estate market, chances are you’re used to accessing a handful, or maybe even a single online portal where nearly all of the current real-estate stock is listed. Finding Andorran property for sale is a little trickier.
In this article we’ll run you through:
- the challenges you will likely face when looking for property to buy in Andorra,
- the best way to find potential properties,
- the best Andorran property website portals to check, and
- using real estate agents to find what you really want.
Any successful relocation to a new country brings about the challenge of making new friends and getting “everyday information”.
You need to find a network of people to connect with, ideally before you arrive, but most certainly after.
While meeting people online and discussing the technicalities of day to day life used to mostly be done on forums, plenty of new alternatives have come about.
Let’s look at some options you may find helpful…