Frequently Asked Questions

To obtain residency in Andorra, you generally need a minimum investment, a rental or property purchase contract, and private health insurance. Specific requirements may vary depending on the type of residency (active, passive, or professional).

The general corporate tax rate in Andorra is 10%. However, there are reduced rates for certain activities and special conditions.

Andorra’s banking system is known for its stability and privacy. Banks offer a wide range of services, including personal and corporate accounts, wealth management, and investment services.

The process includes choosing a legal form, obtaining necessary authorizations, registering the company in the Companies Registry, obtaining a tax identification number, and complying with other legal and administrative requirements.

Andorra offers several tax advantages, including low personal and corporate income tax rates, no wealth tax, and double taxation agreements with several countries.

Andorra has a social security system that covers healthcare, pensions, and other social benefits. Residents and workers must contribute to the system, which offers comprehensive coverage.

Andorra offers educational options in three systems: Andorran, Spanish, and French. There are also international schools and the University of Andorra for higher education.

The process of buying property in Andorra involves finding a property, making an offer, signing a purchase agreement, and completing the transaction before a notary. Non-residents may need additional authorizations.

The main industries in Andorra include tourism, retail, financial services, and technology. There are growing opportunities in sectors such as e-commerce, digital services, and sustainable businesses.

Andorra offers a high quality of life with low crime rates, beautiful natural surroundings, excellent health and education facilities, and a good work-life balance. The country is known for its clean air, outdoor activities, and healthy lifestyle.