Residence in Andorra
Residing in Andorra has become a goal for many people. Among the main advantages are its exclusive taxation, its high per capita income and its incredible natural environment. To live in this idyllic place, you must first get the residence permit in Andorra. How is it achieved? Next, we explain it to you in detail.
Requirements to meet to obtain residence in Andorra
If you are looking to improve your quality of life, you may have once thought of going to live in Andorra. Its unique tax system makes many Spanish citizens decide to start a new life there. But before venturing out, you should know what the requirements that must be met to obtain residence in Andorra.
To obtain Andorran residence there are several options. If your goal is to live and work there, the option you should choose is the active residence. This type of residence permit allows us not only to stay, but also to carry out a work activity, either on our own account or on behalf of another.
Self-employed or employed, what is the best option for a residence permit?
There are different ways to obtain residence in Andorra. One is working for an Andorran company. The other is working on your own and creating your own company. The requirements for each of these options are different.
Active residence in Andorra for someone else
To obtain residence in Andorra you canwork in an Andorran company. In addition, you need to establish your main residence in the principality, that you must make effective for at least 183 days a year. You must also meet these other conditions:
- Certificate proving the rental or purchase of a property in Andorra.
- Present the complete criminal record certificate, both from your country of origin and from others where you have lived.
- Carry out a satisfactory medical review before the Andorran Immigration Department.
- Curriculum Vitae.
- Certificate of marital status.
Residence in Andorra on your own
Another option that many opt for is to create your own company in Andorra. If we do, we can get permission from residence in Andorraquite simply.These are all the requirements that we must meet:
- Establish your main residence in Andorra, which must be effective at least 183 days a year.
- Deposit €50,000 (recoverable deposit) at the AFA
- Have a position in the administration of the company.
- Incorporate a company in the territory of Andorra, of which we must own more than 34% of the share capital.
- Certificate proving the rental or purchase of a property in Andorra.
- Present the complete criminal record certificate, both from your country of origin and from others where you have lived.
- If they are qualified professionals, we must be affiliated with an association or college of professionals.
- Carry out an activity on your own.
- Carry out a satisfactory medical review before the Andorran Immigration Department.
- Curriculum vitae.
- Certificate of marital status.
This permit to live in Andorra has a validity of one year, which can be renewed three times for periods of two years. After these seven years, the residence permit is renewed every 10 years. These conditions are also applicable to permits obtained for working as an employee.
Permit Types residence in Andorra
There are several types of residence permits in Andorra. Each one has its particularities that we must respect if we do not want to have legal problems. These are the types of permits that currently exist:
- Active residence permit.It is the one we have seen in the previous section, it allows you to live and work in Andorra like any other citizen.
- Passive residence permit.This residence permit in Andorra is granted to those who only want to live in Andorra. You cannot work with this permission. In addition to the usual requirements, we must certify that we have sufficient income or assets to subsist without working on Andorran soil.
- Residence for reasons of scientific, cultural or sporting interest.Permit designed for researchers, artists or athletes who want to carry out their non-profit activity in Andorra. It is essential to have a certificate that accredits the corresponding knowledge, such as a university degree, for example.
- Residence due to admission to geriatric centers, medical cures or private therapists. This permit is intended for health-related areas that require a long recovery period.
- Residence for professionals with international projection. If you have a business outside of Andorra, but want to live there, this is your permit. The main office of your company must be in Andorra and you must have at least one person hired. This must carry out 85% of its activity outside the principality. In addition, other requirements must be met, such as having a full Business Plan or living 90 days a year in Andorra.
Main advantages to have your residence in Andorra on your own
The “easiest” residence permit in Andorra to obtain is the one for your own account. It is chosen by many people who can perform their professional activity anywhere. Obtaining the Andorran residence permit in this way has many advantages.
- We don’t depend on other people,only of you and that your businesses work.
- Your benefits will be higher due to tax advantages that the principality has. Companies pay a maximum of 10% of their profits and their VAT of 4.5% is the lowest in all of Europe.
- Reduced labor costs and social contributions.
- If you work for others, you will depend exclusively on this job so that your residence permit is renewed and, therefore, your stability will be in question.
- You can greatly improve your quality of life, which directly affects its longevity. Andorra has one of the highest life expectancy in the world.
- It is a quiet place to live and create a family, because its security is excellent.
- His healthcare system is very good and efficient.
- You will be able to enjoy the nature and fresh air. You will live away from the pollution of big cities, but without losing any of its advantages.
- In Andorra you can find innumerable leisure and recreation activities.
Now that you know how to get your residence permit in Andorra, You just need to take that step forward. We are sure that you will not regret it.
