The Department of Statistics of the Government of Andorra dictates, according to the latest published report, that the volume of investment formalized in the Principality grows by 84.3% compared to the previous year to reach the figure of 152 million euros. This amount represents almost 6 times more than the values recorded in 2013. However, the number of foreign investment applications, authorized and formalized in front of an Andorran notary, last year presents a decline of -17%.
The total of the applications submitted in 2018 in Andorra represents a diversification of 13.3% compared to 2017. Despite this, the volume of initial investment declared shows a variation of more than + 26% compared to 2017, reaching to almost € 180 million.
Direct investments by foreign companies in the Principality correspond to corporate operations that require prior authorization, such as: the acquisition of more than 10% in the shares or shares of an Andorran company, the constitution of a company, the Capital applications and the modification of social objects. Therefore, the Administration has a period of one month to resolve the request and where the administrative silence is positive. However, it is known that before 2012 there was already a regulation against foreign investment in the Principality of Andorra, it is with the entry into force of the new legislation 10/2012, of foreign investment to the Principality Andorra that ends the process of economic start.