In recent years, Andorra has become a highly solicited destination for citizens of many different countries who have decided to move to this country nestled in the Pyrenees Mountains.
Many are the attractions of the Principality of Andorra: safety, its magnificent nature, the high quality of life, the wide array of leisure and recreation activities, its benchmark educational and healthcare systems, its highly competitive tax system for both individuals and companies, and finally, its location: Andorra is just three hours away by car or half an hour away by helicopter from cosmopolitan cities such as Barcelona and Toulouse.
The new immigration legislation has gone from speaking of passive residency to speaking of resident permits without work, distinguishing 2 different models:
In general terms, the non-lucrative residence in Andorra models (passive or residency without work in Andorra) have been designed for physical persons who are not from Andorra and who set up their main residence here for all purposes, with a minimum presence in the country of 90 days per year. These permits are granted for a period of 1 year and can be renewed upon expiry for the following successive periods: 3 years + 3 years + 10 years (a special treaty applies to Spanish, Portuguese and French nationals).
These permits require the following documentation and processes:
For non-lucrative residence permits for internationally acclaimed professionals or for applicants of scientific, cultural or sports interest, the applicants must also meet the following requirements:
Far more restrictive than the non-lucrative residency model, the residence permit with work in Andorra, known as “active residency” is applicable to all foreign people who work in Andorra. For these purposes, the company in Andorra who hires a foreigner must process the residence permit with the Andorran Ministry of the Interior.
The residence and work permits in Andorra are subject to assigned quotas which vary depending on the task to be undertaken. Renewals also vary, depending on the nationality of the applicants.
All the holders of residence permits in Andorra, both passive and active, acquire rights such as:
If you are thinking about taking up residence in Andorra, at Andorra Sotheby’s International Realty, whether it is buying or selling a property, we can help you with all the necessary procedures and provide you with the appropriate information according to your type of residency: active or passive. We have a department of specialised experts who will advise you and walk you through all the necessary documentation and formalities to set up your residence in Andorra.
Do you have any questions or suggestions? Do not hesitate to contact Andorra Sotheby's International Realty. We are delighted to assist you.