Andorra is a small country located in the Pyrenees mountain range, geographically between Spain, with whom it borders to the south, and France, to the north. Its official language is Catalan, although Spanish has the same presence, and also French, on a smaller scale. This country has an extension of 468 km2, its capital is Andorra la Vieja (officially Andorra la Vella) and it is organized into seven parishes or zones.
Andorra la Valla, Escaldes-Engordany and SantJulià de Lòria border with Spain. Canillo and Ordino border France, and Encamp and La Massana border both countries. Therefore, you can travel to Andorra from Spain and from France in a simple way.
Although Andorra is not an official member of the European Union since 1990, for economic activities, such as trade in manufactured goods, it is considered part of it. And, therefore, these activities are exempt from taxes. Regarding the control of people, Andorra is not part of the Schengen area, so it maintains its controls at the country’s border. On the other hand, it does not issue any type of visa, having entry requirements similar to the rest of the territories of the Union. This is because to access the country you must do so through a territory annexed to the Schengen treaty. For this reason, those visitors (from outside the EU) who wish to move to Andorra must apply for a multiple entry visa, since visiting the country means leaving the European Union.
As soon as the use of the common European currency in Andorra is allowed thanks to an agreement signed in 2013.
If you want to go live in Andorra, knowing about its economy is one of the most important points. The Andorran economy is currently supported by tourism , despite the fact that the principality has traditionally been known for being an agricultural and livestock country. Millions of tourists visit Andorra annually attracted by the region’s climate and commerce. Among these millions of tourists who visit the country, many eventually go on to move to Andorra and make their new life there.
Settling down to work and live in Andorra is one of the goals of many. From salaried workers or seniors looking for a calmer pace. The truth is that there is great interest in moving to Andorra and residing in this country. Whether for work, change of environment or tax benefits. This is why you have to be clear about the procedures and requirements to relocation to Andorra. So in this way finally achieve residence in the principality.
Now, there are several ways to obtain residency in order to move to Andorra. It can be nonprofit or jobless. There is also the option of going to live in Andorra in order to work. However, they have some points in common between them.
Among these are those of being of legal age. As well as establishing a minimum length of stay of at least 90 to 183 days. This period will depend on the type of residence required. A medical report is also essential. On the other hand, you must have a floor; either owned or leased. In addition, a deposit of between €15,000-50,000 must be provided. This amount varies according to the type of residence requested. The criminal record certificate and the valid passport are two more requirements to be able to relocate to Andorra.
These are just some of the requirements that must be met in order to apply for residency in Andorra. They may vary and have to present others more. Which we will talk about later. Since there are different ways to obtain it.
To move to Andorra, the first thing you must do is apply for residence, and for this you must know that there are different types. These depend on your reasons and motives for going to live there. From work, being a shareholder or founding owner of a company. Whether you want to invest there, practice a sport at a professional level, or are a researcher or artist. We are going to define each of them well so that you can be sure which one is the most similar to your situation.
Therefore, when looking for the residence with which you can work and live in Andorra, your current situation is useful, as well as the activities that you are going to carry out in the territory.
The main attribute is your employment status. The type of residence to which you must apply to work or live in Andorra will depend on this. Since you can choose between two types:
In the event that your objective is to work and live in Andorra, the best option is active residence. Which is divided into two:
In addition to the payment of €15,000 deposit. With this, you can go live in Andorra for one year and then renew every two.
Among the requirements must also be added the permanence of at least 183 days in the territory. It is one of the easiest ways to obtain residency in Andorra. The hard part is getting the job. Because it is a small country and vacancies can be somewhat limited for foreigners.
If your intention is not to work, but rather just go to live in Andorra, the passive or non-profit residency is for you. It can be divided into three types:
This type of residence is a great option since only a 90-day stay in the territory is required.
Thanks to its economic model, the establishment of companies in the small country has been favored, since Andorra’s tax advantages do not go unnoticed. This has also favored the exodus of foreigners to the country to settle permanently.
The advantages of working and living in Andorra are countless. In addition to its tax benefits, we can find beautiful natural environments. As well as one of the longest life expectancies in the world. Another factor to take into account is the Andorran educational system, which has three different options. For all this and for what we will develop below, many are looking for how to get to Andorra.
Working and living in Andorra brings with it certain tax advantages. Which are not available in any other country. But to be a beneficiary of them you have to meet some requirements.
It is true that if you live or have residence in this country, you have certain advantages. But you will not be able to enjoy them until you change your fiscal domicile to Andorran territory. Which happens when working and living in Andorra for more than 183 days. As well as the corporate name of the company must be in the country. These are all fundamental factors.
Going to live in Andorra, either as a businessman or worker, translates into varied and positive tax advantages.
Some of them are:
People who relocate to Andorra and do not carry out any work activity will initially have a residence of two years thanks to the passive residence permit. This period can be extended for up to 2 more years, but a series of requirements must be met. On the other hand, people who work in Andorra on their own can obtain active residence in the country.
Whether you are an investor, or if you have a business, or are self-employed, Andorra Advisors by Augé Grup puts all its legal services and accounting and tax advice at your disposal so that you can enjoy all the advantages that the country offers.
A person who does not have Andorran nationality but who decides to live in Andorra, can carry out the necessary activities to manage their own assets.
Working and living in Andorra has multiple advantages and points of view. One option to relocate to Andorra is as an employee. You can go with a seasonal or full-time job offer according to your needs or options.
Working in Andorra in winter seasons is a good option. Mainly because it lasts for six months. This added to the number of tourists who arrive in the country and generate many job options. So there is more demand. It is relatively easy to get a place in hotels, ski resorts and restaurants.
However, if you are an entrepreneur or want to start your business, you should know that you need a minimum capital of €3,000 with which to start operating. Pay a deposit of €15,000. A fundamental fact is that the maximum time it will take to create it is 2 months.
This country offers an unrivaled accommodation offer, with a wide range of houses for rent and purchase and sale of real estate at perfectly competitive prices. Prices vary according to the chosen area, Andorra la Vella, which brings together most of the infrastructures and services, has higher prices than the smaller parishes. In the case of the rental price, the chosen area will be more noticeable, this is due to the holiday tourist profile of Andorra.
In the case of supplies, it has a lower price than neighboring countries. For example, the price of electricity is one of the lowest in the territory of Europe; and water supply is free in the country. In the case of the shopping basket, we can talk about savings if we compare it with neighboring countries; the country’s low rates lead to savings when it comes to filling the shopping basket, which makes moving to Andorra very attractive.
The minimum interprofessional salary or SMI in Andorra is set at €1,376.27, higher than the average for European countries.
Many of the people looking to work and live in Andorra have a unique opportunity. This is the real estate business. Whether you are looking for an active or passive residence. Since, in the short term, when moving to Andorra renting can be a good option. Although if your possibilities allow it, the best thing is to acquire a good property.
The purchase of real estate for people who want to live in Andorra has very favorable conditions. Due to the low costs in the transaction. Such as: notary, agency fees, local taxes, etc. Which are lower compared to regions of Spain or France.
For people interested in residing in Andorra, investing in this real estate sector is one of the most popular options. This mainly to opt for passive residence. Where they ask you to invest at least €350,000. In addition, with prices that will be on the rise in the coming years, it is a good time to invest. Each investment in property moves around €500,000-1,500,000.
In addition, a bank guarantee would be needed to demonstrate the existence of the necessary funds. Likewise, to work in Andorra and acquire a property, some procedures must be completed. From the signing of the reservation contract between buyer and seller. Activation of the process, payment of the balance and deposit of the certificate of sale.
Andorran nationality has different ways of acquiring it. It is one of the privileges that many want to access when moving to Andorra. The only negative factor is that dual citizenship is not accepted.
So if you are looking for Andorran nationality, you must bear in mind that you need to renounce the current one. The easiest way to acquire it, if you want to work in Andorra, is to spend 20 years of residence. With that requirement met, you can apply, but you must pass an exam. Which will reflect the knowledge in Catalan language, history and geography of the country.
After 20 years of residence are proven, they will have five years to pass the exams. At the same time present the papers of resignation of the current citizenship. After that you will be able to obtain Andorran nationality.
It can also be achieved through marriage to a citizen of this country. Although this will only be valid under certain conditions. Having at least three years of residence in the country.
Moving to Andorra not only has tax advantages or benefits for all those who reside in the principality. Among other benefits we enter:
The mountainous and ski areas, such as Grandvalira and Vallnord, which offer their inhabitants a relaxation area and multiple sports entertainment options with more than 250 skiable km.
Thanks to its unique enclave with 90% of the territory in natural areas, sports related to the mountains, such as hiking and skiing, are some of the best leisure options you can find if you decide to go and live in Andorra.
Another advantage of the environment that Andorra offers is its altitude. With its capital located at 1,023 meters above sea level, it offers optimal conditions for high-performance athletes. That is why many cyclists, among other athletes, carry out their training sessions prior to the championships in Andorra.
Do you want to know how to get to Andorra? Andorra communicates with the territories of Spain and France by road, these are the only entry points to the territory of Andorra. Its location between these territories allows residents of Andorra to have at their disposal two airports with important international flights, in Spain the El Prat airport and in France the Blagnac airport in Toulouse. You will also find other options such as getting to Andorra from Barcelona, how to get to Andorra by car from Paris and buses to Andorra.
The Andorran health system is the CASS. Located at the head of the world ranking of health systems, it works with a co-payment system.
In the case of not having the means to pay for these services and other cases of vulnerability, the medical costs are covered 100%, that is, they are totally free. An excellent advantage of moving to Andorra.
Andorra has a Mediterranean climate with typical characteristics of mountainous areas. Winter temperatures are low, with an average of -2oC and significant snowfall. Summer brings mild temperatures and a dry climate to Andorra, with an average of 24oC, also depending on the altitude where we are.
For those who decide to move to Andorra as a family, comment on the magnificent educational system that it has. Andorra offers three options educational systems, Spanish, Andorran and French. Similarly, in the classes the three languages coexist together: Catalan, Spanish and French. All of them free and compulsory from 6 to 16 years old.
Andorra has a quality of life that makes it the ideal place to live. Its natural environment provides Andorra with excellent air quality 90% of the time, thanks to its enclave between mountains. Thanks to this, and to other factors, Andorra is at the head of life expectancy worldwide. The average lifespan in Andorra stands at 84.5 years.
In terms of citizen security, Andorra has extremely low crime rates, almost non-existent, which makes it one of the safest countries in the world. Its low crime rate places Andorra in the top 5 of the safest countries in the world to live and for its visitors. To get an idea, if we compare Andorra with its neighboring countries, we see Spain in 32nd place and France in 60th place in the Global Peace Index. For this and for all the benefits that we could see above, moving to Andorra is an excellent option.
Andorra is a country located in the Pyrenees mountains range, between Spain, with which it borders on the south, and France on the north.
The official language is Catalan, but Spanish has similar level of presence and French with less presence.
The official Andorran system, the French and the Spanish, coexist.
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