Andorra is the perfect place to live for those who want to pay minimum tax as well as increasing their quality of life, and leisure and relaxation. Andorra has a very attractive and unique tax system, for those who wish to live in the Principality. Neither are there restriction regarding moving capital and assets such as real estate assets.
Corporate Tax is minimum, given that companies only pay one annual trade rate, which for the majority of businesses amounts to less than 2,000 Euros per year. Another important aspect worth taking into account, is the strict banking secrecy , unless there is a court order from your country of origin. If one becomes a resident of Andorra, they are not obliged to have all their assets in Andorra.
Obtaining more information Investing in Andorra
The climate in Andorra is lovely. More than 300 days of sun and moderate temperatures all year around, low humidity and a total absence of industry and just a few of the factors which contribute to Andorra having the highest life expectancy in the world: 83.5 years on average. The Mediterranean Sea, Barcelona and Toulouse are just two hours' away from the Principality Andorra.
We mustn't forget that crime in Andorra is very low. There is a wide range of nationalities which have found in Andorra their main place of residence. Andorra is especially popular among Spanish, French, English, Russians, Dutch and Scandinavians. Andorra offers a large choice of sports and leisure for the entire family both in summer and in winter, and significant investments have been made over the last few years to improve the infrastructures in the country and the extension of the ski areas.
Unlike other ski towns, in Andorra all the hotels ans shops are open all year around, except for 14 March, 8 September, 25 December and 1 January.
Real Estate 3 Cases is available at all times to provide you with any information regarding Andorra and its environment, any type of consultancy related to the residence process, searching for the property to buy or rent which you had in mind.
There are 2 possibilities for obtaining the residence permit in Andorra:
Necessary conditions for formalising the request for Passive residence in Andorra:
Obtain more information from the website of the Immigration Department of Andorra
Documents required for the application:
The passive residence permit is valid for 1 year, then twice for 3 years and finally it is issued for 10 years. The active residence permit has its own rules and is much more restrictive than the passive residence.
When a person comes to live in Andorra, they have no special obligation regarding their furniture, objects and belongings, provided they do not intend selling them. For importing cars there are special norms in force. Ask us!
Useful data Finques 3 Cases Real Estate: the Principality of Andorra, micro-territory of 468 square kilometres, is divided into 7 groups of municipalities called 'districts' ('parròquies' in Catalonian). You will surely be at ease living in any of them, depending on your customs and preferences:
If you can't find the dwelling you are looking for or you want more information, help or advice in relation to buying real estate assets in Andorra, contact us via our website, via or over the telephone (00376) 815 333