Updated August 11, 2026

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Residency by investment

Residency in Andorrafor an investor

Residency in a European country with income tax of up to 10%: the €600,000 investment stays your asset, and 90 days a year have to be spent in the country.

Get a preliminary assessment Choose the option

The conditions are checked against the Andorran immigration act
Working since 2004
We run the transaction, the deposit and the renewals of the status

€600,000The investment threshold

90 daysPresence in a year

up to 10%Income tax

01 / About the program

How Andorran passive residence works

Andorra issues a residence permit without the right to work — so-called passive residence. The applicant places €600,000 in assets of the principality and pays a returnable deposit to the Andorran Financial Authority. The status is issued for two years, is renewed and requires presence in the country of at least 90 days a year.

The investment stays yours

€600,000 is placed in property, shares in local companies, government bonds or Andorran banking instruments. These are assets, not a contribution: they remain your property.

A returnable deposit to the state

On top of the investment an interest-free deposit is paid to the Financial Authority: €50,000 for the applicant and €10,000 for each dependant. It is returned when the status ends.

90 days a year in the country

This is not a formality: presence is checked. Passive resident status assumes a real connection with the country, although it does not give the right to work in Andorra as an employee.

Taxes lower than in Europe

Income tax is up to 10%, and there is no inheritance or wealth tax. The benefit works when tax residency is moved: the previous one has to be closed properly.

02 / What you get

What Andorran residency gives you

Income tax of up to 10%

One of the mildest tax systems in Europe: a scale up to 10% and no inheritance, gift or wealth tax.

The investment stays an asset

Property, company shares or financial instruments in your ownership. The deposit with the Financial Authority is returned when the status ends.

A status for the whole family

A spouse, minor children and dependent parents receive residency on the same investment — only the size of the deposit changes.

Safety and quality of life

One of the lowest crime rates in Europe, a mountain setting, international schools and developed medicine.

Between Spain and France

Two hours to Barcelona, three to Toulouse. Andorra belongs neither to the EU nor to Schengen but is surrounded by them and lives in the euro area.

Renewal and a long horizon

The first status is issued for two years, then renewals of two and three years. After twenty years of residence the possibility of applying for citizenship opens up.

A preliminary assessment

Calculate the budget for your family

Set out who is applying with you. With the calculation you get the full Andorran budget: the investment, the deposit for each participant, the fees and the insurance, the timeline by stage and a plan of action.

Who is applying for the residence permit?

Get the calculation

about a minuteno calls and no obligationsconfidential

The full budget with the deposit and the fees
The timeline for each stage of the process
A plan of action: where to start

Andorran residence cards and a set of documents

03 / Why people apply

Why people arrange Andorran residency

Andorra is taken for the taxes and the quality of life in Europe, not for visa-free travel — it does not give Schengen. It is the choice of those ready genuinely to spend part of the year in the country.

A tax base in Europe

Up to 10% income tax with a European standard of living and banks. It works on a genuine move of residency.

Money in assets, not in a budget

The investment is placed in property or instruments of the principality and remains yours. The deposit to the state is returned.

Safety for the family

Minimal crime, a mountain climate, a compact country — for a family with children one of the main reasons to move.

Schools and sport

The Spanish, French and Andorran education systems, with ski infrastructure next to the house.

Close to Barcelona

Barcelona airport is two and a half hours’ drive away: the link with the world is kept without moving to a metropolis.

A long horizon

The status is renewed for years, and after twenty years of residence a path to citizenship of the principality appears.

04 / Travel

What residency gives you for travel

Andorra belongs neither to the European Union nor to the Schengen area. That is the key point: the status gives no visa-free entry to Europe.

Mode 01

Andorra without limits

Residence in the country for the whole time the status is in force. The compulsory minimum is 90 days a year, checked on renewal.

Mode 02

Schengen on a visa

Andorra can only be reached through Spain or France, so a Schengen visa is in practice always needed. The status does not replace it.

Mode 03

Work in the country

Passive residence gives no right to work in Andorra as an employee. For work a different type of permit is arranged.

Mode 04

The rest of the world on your own passport

You travel to third countries on your current passport of citizenship: that is what sets the visa regime, not the residence card.

Sources: the immigration act of the Principality of Andorra as in force. Andorra is not a member of the European Union and does not belong to the Schengen area. Entry rules are set by the receiving states and may change.

05 / The composition of the application

Who gets the status with you

Residency goes to everyone entered in the application. Open a row to see the conditions.

Over 18
No convictions, with certificates from the countries of citizenship and residence
A confirmed lawful source of funds
Medical insurance valid in Andorra

In a registered marriage
A further deposit is paid for each dependant

The children of the applicant or the spouse
Where custody is shared, the other parent’s consent is required

The parents of the applicant and the parents of the spouse
Financial dependency is confirmed by documents

06 / Cost

What Andorran residency costs

The threshold is fixed and placed in assets of the principality. The number of people in the application changes only the size of the returnable deposit with the Financial Authority.

Andorran property · the most frequent choice

€600,000

≈ $696,000

Holding period The whole time the status is in force

A property in Andorra for an amount covering the investment threshold
The property stays in your ownership for the whole time the status is in force
The transfer tax and the notarial costs are payable in addition
Part of the threshold can be covered by property and part by other assets of the principality

Financial instruments · without property

€600,000

≈ $696,000

Holding period The whole time the status is in force

Andorran government bonds, shares in local companies or instruments of Andorran banks
The funds are placed for the whole term of the status
The option for those who do not want to maintain a property
The bank checks the source of funds before the placement

Where the investment is placed

The main applicant

Spouse

Minor children

Dependent parents

On top of the investment an interest-free returnable deposit is paid to the Andorran Financial Authority: €50,000 for the main applicant and €10,000 for each dependant — it is returned when the status ends. The state fees, medical insurance and the support are also payable. The thresholds were revised in 2023: the budget is fixed as at the date of filing. This is a preliminary calculation, not a decision of a state authority.

07 / Comparison

Andorra against other residency programmes

Andorra wins on taxes and loses on mobility: it does not give Schengen. Here are the main parameters side by side.

	Andorra	Cyprus	Malta	Portugal	The UAE
Investment threshold from	€600,000	€300,000	€300,000	€200,000	≈ $545,000
Income tax	Up to 10%	Up to 35%	Up to 35%	Up to 48%	None
Schengen visa-free	No	No	Yes	Yes	No
Presence in the country	90 days a year	A visit every 2 years	None	7 days a year	Entries
The right to work	No	Limited	No	Yes	Yes

The tax rates are given as the upper bounds of the scale and depend on the type of income. The data are given as at the date this page was updated and are checked again before the agreement is signed.

Full program comparison →

10 / How it works

How the Andorran residency process works

STEP 1

The preliminary check

We go through the situation: citizenship, the family composition, the source of funds and the readiness to spend 90 days a year in the country. We calculate the budget before the first costs.

STEP 2

Choosing the form of investment

Property, company shares, bonds or banking instruments of the principality. The choice sets the costs of upkeep and the liquidity.

STEP 3

The bank account and the check on funds

We open an account with an Andorran bank. The principality’s banks check the source of funds thoroughly — we prepare for that stage in advance.

STEP 4

The transaction or the placement of funds

Buying the property or placing the funds in the chosen instruments. Proof of the placement is part of the document pack.

STEP 5

The deposit with the Financial Authority

An interest-free returnable deposit is paid: €50,000 for the applicant and €10,000 for each dependant. It is returned when the status ends.

STEP 6

Filing and the medical examination

We file the documents with the immigration service, take the medical examination in Andorra and give biometrics.

STEP 7

The residence card and the renewals

The status is issued for two years, then renewals of two and three years. At each renewal the investment, the insurance and the presence in the country are checked.

A step-by-step plan of the process

The same seven steps as a document: what is prepared at each stage, which documents are needed, how long each step takes and when a visit is required.

Download the step-by-step plan

11 / Our role

Why people arrange Andorran residency with us

Andorra is a small jurisdiction with very thorough banks. Refusals here more often come down to the account and the source of funds than to the application itself.

We prepare the source of funds for the local banks

Andorran compliance is stricter than European. We assemble the chain of the capital’s origin before the account is opened, not when the bank asks.

We choose the form of investment

Property requires upkeep, financial instruments do not. We work out both options taking liquidity and taxes into account.

We work out the tax move

The rate of up to 10% works when residency is moved. We close the previous residency properly, together with a tax adviser.

We run the renewals

Every two or three years the investment, the insurance and the presence are checked. We keep that calendar and the documents.

12 / Team

Who runs the Andorran residency process

The application is run by a permanent team: the programme lawyer, a banking compliance specialist and a family coordinator.

Andres FerreiraHead of Investment AdvisoryThe strategy for the programme and the form of investment

Nikos PappasBanking Relations SpecialistThe documents, the account and compliance

Yan NovakWealth Structuring AdvisorTax residency and closing the previous one

Sofia MendesInvestment Migration ExpertCoordinating the family and contact at every stage

15 / Materials

Useful materials on Andorra

Materials on passive residence: the forms of investment, the deposit and the composition of the application.

The main materialPresentation

An Andorran residence permit by investment

The presentation gathers the essentials: the forms of investment, the deposit with the Financial Authority, the presence requirements, the family composition and how the work is done.

Inside:

where the investment can be placed
how the returnable deposit works
what it costs all in, with the fees
which relatives are included in the application
which documents will be needed
what the Andorran banks check
how work with BRIDGES is organised

PDF · free · current as of August 2026

The source of funds, the tax history, the structure of the business — where opening an account most often stalls.

The list of documents for the applicant and each family member, marking what has to be legalised and translated.

We calculate the full budget: the investment, the deposit for each participant, the fees, the insurance and the support.

All the materials are updated regularly by our team and are used when supporting BRIDGES clients.

16 / News

What has changed in the Andorran programme

2023-01-01

The thresholds of passive residence were raised: the amount of the investment in assets of the principality and the returnable deposit with the Financial Authority.

2024-02-01

A tax on the purchase of property by foreign buyers was introduced — it is taken into account in the budget when the property option is chosen.

Worth having

Download the Andorran residency checklist

The short document we give clients before the start: the forms of investment, the deposit, the presence requirements and the stages — in one list, with nothing padded.

Inside the document

The forms of investment and the requirements of each
The deposit, the fees and the full cost structure
The current conditions for 2026

We will send it after a short form - no call or obligation.

17 / Questions

Answers to common questions

€600,000 in Andorran assets: property, shares in local companies, government bonds or instruments of Andorran banks. The threshold can be covered by a combination of assets. On top of that a returnable deposit is paid to the Financial Authority — €50,000 for the applicant and €10,000 for each dependant.

Yes. The deposit with the Financial Authority is interest-free and is returned when the status ends. The investment in assets itself remains your property for the whole time the residency is in force.

At least 90 days a year. That condition really is checked on renewal of the status, so the programme does not suit those counting on never appearing in the country.

No. Passive residence gives no right to work in Andorra as an employee. For work or active business a different type of permit is arranged — we go through that separately.

No. Andorra belongs neither to the European Union nor to the Schengen area. What is more, the principality can only be reached through Spain or France, so a Schengen visa is needed in practice almost always.

Income tax is up to 10%, there is no inheritance, gift or wealth tax and VAT is one of the lowest in Europe. The benefit works when tax residency is moved: the previous one has to be closed properly, otherwise there will be no saving.

A spouse by registered marriage, minor children and dependent parents. For each dependant a further returnable deposit is paid.

2-4 months from filing to receiving the card. Most of the time goes on opening the account and the Andorran bank’s check on the source of funds.

That the investment is kept, that the medical insurance is in force and that you were present in the country for at least 90 days a year. The first status is issued for two years, then renewals of two and three years.

The path is very long: Andorran citizenship is possible after twenty years of residence, with examinations and giving up your former citizenship — the principality does not allow a second one. In practice this status is taken for the taxes and the life, not for the passport.

INITIAL ASSESSMENT

Tell us what outcome your family needs

We will design a solution for your case, choose the country and the right status, and take the whole process through to the result.

Get a preliminary assessment Book a consultation

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Anna Kovalevskaya, lead lawyer at BRIDGES GLOBAL

Anna KovalevskayaLead lawyer, citizenship and residency, 12 years of practice