Reside in andorra

What type of residence best suits your profile?

What type of residence best suits your profile?

For investors, knowing the options is crucial. Active and passive residences are the main ones, each with specific subtypes, however, we will be able to see the totality of residences that exist in the Principality. What type of residence best suits your profile?

Active residence

If your goal is to live and work in Andorra, the active residence is the perfect election. This permit not only allows you to reside in the country, but also carry out work activities, whether self-employed (freelance) or employed.

We can observe different typologies of active residence:

Residencia Activa

Employment, in other words, with a work permit

The active residence for salaried work in Andorra is usually managed through the employing company, with specific rates depending on the sector and job position.

Do you wish to obtain residency in Andorra by working for a local business? Make sure you establish your residence in the principality for at least 183 days per year, however, meeting the next conditions is also key:

  • Present a certificate of rental or certificate of real estate ownership in Andorra.
  • Show criminal record certificates from your country and other previous places of residence.
  • Pass a medical examination with the Immigration Department of Andorra
  • Submit your Curriculum Vitae
  • Contribute an accreditation certificate of your civil status.

Freelance

This type of residence is designed for those who wish to settle-up an economic activity in Andorra, such as opening a business or working as an entrepreneur. It turns out to be a relatively simple process. Here are the requirements you must meet:

  • Constitute an Andorran trading company with more than 34% of shares.
  • Hold a management position in the company.
  • Remain a minimum of 183 days in the country to renew the status.
  • Contributing to the Andorran Social Security.
  • Deposit of € 50.000 (non-interest-bearing and refundable) at the Andorran Financial Authority.
  • In the case of qualified professionals, you must be member of a professional association in the Principality.

Passive residence

If you are looking to settle in Andorra without carrying out in local economic activities, this option is perfect. It is especially suitable for retirees, investors or those able to generate income outside the country.

We can observe different typologies:

Residencia Pasiva

The non-activity residence

LThe Non-activity Residence is the perfect choice for those who are looking to live in Andorra without engaging gainful activities, being especially suitable for people with international wealth. The requirements are detailed below:

  • Deposit of € 47.500 (non-interest-bearing and refundable) at the Andorran Financial Authority.
  • The AFA establishes an additional deposit of € 9.500 per dependent person.
  • Invest a minimum of € 600.000 in Andorran assets. These are understood as: real estate properties, shares in local companies, financial instruments of the country, local life insurance or non-interest-bearing deposits in the Andorran Financial Authority. However, if it is made in the Andorran Government housing fund, the value is reduced to €400.000.
  • It is necessary to have financial means equivalent to three times the minimum annual salary for the holder and his/her dependents in Andorra.
  • A property must be purchased or rented in the Principality.
  • Private medical insurance with coverage for disability and old age in Andorra is required.
  • The minimum stay required is 90 days per year in the Principality.

Professionals with international projects

For entrepreneurs and professionals with international projection due to their outstanding value in their field of knowledge, there is the option of opting for passive residence, here are the requirements:

  • It is a type of passive residence designed for professionals who offer their services internationally.
  • It is also suitable to entrepreneurs who desire to establish a service company, such as software developers and artificial intelligence consultants, for example.
  • The validity of this residence permit is for 2 years, with a first renewal of 2 years and subsequent renewals in extensions of 3 years; after the seventh year, renewals will be for 10 years.
  • Professionals seeking to apply for this type of residence must provide proof of sufficient income.
  • Deposit of € 47.500 (non-interest-bearing and refundable) at the Andorran Financial Authority.
  • It is necessary to have a rental contract or deed of purchase of a real estate property.
  • It is established a minimum stay of 90 days in Andorra each year.
  • Entrepreneurs and professionals with international projection must generate a minimum of 85% of their income in foreign countries, with a maximum of 15% in Andorra.
  • The main headquarters of the economic activity must be located in Andorra.

Scientific, sporting or cultural interest

The passive residence in Andorra for professionals in culture, art, science or sports must comply with the requirements according to the Andorran legislation:

  • Possess honorary titles, awards or international recognition in their scientific, cultural, artistic or sporting field.
  • Transfer the effective residence to Andorra.
  • Have a minimum stay of 90 days per year in Andorra.
  • The initial residence permit is for 2 years, the second renewal for 3 years and the following renewals every 10 years.
  • Certificate of good conduct penalties.
  • Rental contract or deed of purchase of a property in Andorra.
  • Proof of possessing sufficient financial resources.
  • Make a deposit of € 47.500 (non-interest-bearing and refundable) at the Andorran Financial Authority and € 9.500 for each dependent.
Nómadas digitales en Andorra

Digital nomads and entrepreneurs

Discover how the Digital Economy Law of Andorra boosts economic activities in the digital space. Are you a digital nomad or an entrepreneur seeking opportunities to work online? This law opens doors for you to develop your activities remotely, offering added value to your clients from anywhere.

Learn how this legislation fosters innovation, entrepreneurship and much more, offering new types of residence:

Digital nomad residencies.

This type of authorization fosters the creation of online contents and enable remote activities, providing added value to users in an offshoring way. Highlighting the focus on digital economy, entrepreneurship and innovation, below are the details of the requirements for obtaining such permission:

  • Obtain a favorable resolution from the ministry in charge of the economy to be considered a “digital nomad”.
  • Proof sufficient economical means.
  • Proof & have in force in Andorra coverage and insurance for illness and disability.
  • Own or lease a residence/property.
  • Locate the main residence for at least 90 days during the year.

From this residence permit, new types of workers emerge:

  • As an employee hired by an employer established in another country.
  • As a self-employed person providing services to people or entities that are not residents in the Principality of Andorra.
  • As a self-employed person who carries out a professional activity for the benefit of companies established in another country, in which have a share or forms part of its board of directors.

The acquisition of such residency grants some very advantageous benefits:

  • The requirement to deposit the €50.000 at the Andorran Financial Authority is waived.
  • Family reunification facilities for holders of residence permits for digital nomads.

Residency for entrepreneurs

A new residency modality is established for foreign people who contribute to the development of the digital economy. It is aimed at innovative professionals who do not need to have a specific geographical location and make use of telecommunications and technology.

This is about foreign entrepreneurs having the opportunity to participate in programs promoted by the ministry responsible for the economy. To obtain this, the following is required:

  • Obtain a favorable resolution from the ministry responsible for the economy to enter this aforementioned program.
  • Proof sufficient economical means.
  • Proof & have in force in Andorra coverage and insurance for illness and disability.
  • Owning or renting a residence/property.
  • Locate the main residence for at least 90 days during the year.

The acquisition of such residency grants some very advantageous benefits:

  • The requirement to deposit the €50.000 at the Andorran Financial Authority is waived.
  • Financing measures facilities are established for business initiatives linked to the digital economy and innovation.
Modalidades de residencia en Andorra

Other modalities

We may request for other modalities of residence permits according to the following typology:

Work authorization without residence.

Request authorization to work abroad on behalf of a company legally incorporated in Andorra.

Border work authorization.

Request authorization with overnight stay from outside the Andorran territory.

Residence for studies

Residence for studies, internship, sports training or research (valid for the entire duration of the activity).

Residence for family reunification

For relatives of Andorran residents who wish to reunite with them in Andorra. Common requirements: proven family relationship, sufficient financial means and health insurance.

DO YOU WANT TO GET MORE INFORMATION?

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