Filled under : Life in Andorra -
Posted on February 22, 2024
Expatriation in Andorra for Entrepreneurs – The Complete Guide
Andorra, nestled in the heart of the Pyrenees, is attracting more and more foreign entrepreneurs thanks to its exceptional living environment, its advantageous tax system and its business opportunities. The clickand business centre made up of accountants, tax specialists and tax exemption experts will simplify your expatriation in Andorra and support you in your entrepreneurial project.
How to organize your expatriation in Andorra?
Access to Andorra is not subject to a visa. People who want to settle in Andorra must apply for residency status, with or without a work permit.
- Accessible residence: Unlike other countries, obtaining a residence permit in Andorra does not require a prior immigration visa. All procedures are carried out on the territory.
- Citizenship for children born in Andorra.
- Schengen Area: Free access to all Schengen countries.
- Easy visa for the United States, Canada, Australia and New Zealand.
- Attractive taxation: Corporate tax rate of 10%, VAT at 4.5%.
- Stable and confidential banking system.
- Exceptional quality of life: High life expectancy, healthy and safe environment.
- Winter sports: World-class ski resorts in the Pyrenees.
- Simple and efficient real estate acquisition.
What are the Andorra immigration requirements for entrepreneurs?
- Setting up a company in Andorra.
- Deposit of €50,000 for the main applicant and €10,000 per dependent with the Ministry of Finance.
What documents do I need to prepare for expatriation to Andorra?
- Application Forms
- Passport photo
- Passport and ID card
- Birth and marriage certificates (if applicable)
- Criminal Record Certificate
- Diplomas
- Proof of sufficient funds
- Medical Insurance
- Certificate of Non-Bankruptcy
- Proof of real estate ownership or rental
- Business & Financial Plan
- Business Registration Documents
- Proof of Funds Transfer
What actions does clickand offer to organize your immigration to Andorra?
- Organisation of a first meeting in our business centre located in Escaldes-Engordany
- Preparation and legalization of documents
- Translation of documents into Catalan
- Opening a bank account and renting/buying a property
- Purchase medical insurance
- Filing the immigration file
- Medical examination
- Transfer of Funds
- Temporary Resident Permit (1 month)
- Residence permit (2 years)
- Creation of the company (6 months)
- Driver’s License Exchange
- Permanent residence permit (10 years) after 7 years of residence
- Assistance in obtaining active or passive residency for people living outside Europe, such as the United States, Canada, Australia or New Zealand, South Korea.
Additional obligations to keep in mind
- Minimum residency of 3 months per year
- Residence permit authorizing work
- Taxes: 4% on real estate acquisition, 10% on companies, 4.5% VAT (IGI in Andorra)
How is the reunification of family members for expatriation organised?
- Spouse and children under the age of 18 included in the application
- Including student children under 25 years of age
- Study proposed for other cases
How do I get Andorran citizenship?
Eligibility
- Minimum Residency: The main requirement is to reside in Andorra for at least 20 years.
- Reduction of the duration for minors: Exceptions exist for minors attending school in Andorra. They can claim citizenship after 10 years of residence if they are between 6 and 16 years old.
- Assimilation into Andorran culture: Fluency in Catalan, the country’s official language, is essential. You will also need to demonstrate your knowledge of the history and geography of the Principality.
What are the administrative procedures for organising your immigration to Andorra?
- Naturalization test: Once the residency requirements are met, you must take a naturalization test. This test assesses your level of Catalan and your general knowledge of Andorra.
- Time to take the test: You have 5 years after reaching the required residency period to take the test.
- Renunciation of original nationality: Andorra does not allow dual citizenship, so you will have to renounce your original nationality if you want to become Andorran.
Important points to remember:
- The process of obtaining Andorran nationality is long and demanding. It is important to be well prepared and to follow all the steps.
- The help of a professional, such as an immigration lawyer, can make the process easier.
Clickand’s services
- Residence permits for entrepreneurs, investors, artists, athletes, youtubers and influencers.
- Business Plan Creation
- Reunification
- Administrative assistance
- Legal, accounting and administrative services
- Real Estate Search
- Citizenship Renewal and Application
Clickand is committed to supporting you at every stage of your expatriation project in Andorra and to facilitating your access to this dynamic and attractive country. Do not hesitate to contact our experts for a personalized analysis of your immigration project.
