Andorra

About Andorra Citizenship and Residency

Andorra only offers residency programs at the moment. Citizenship cannot be bought; you would need to complete 20 years of residency or you can fast-track your citizenship application and reduce this time to 10 years of residency if you complete mandatory education within Andorra.

There are two main residency categories in Andorra:

Passive Residency

• Residency with no activity:
  – Reside a minimum of 90 days a year to keep your residency.
  – Invest €400,000 in either real estate, hold share capital or equity in an Andorran company, or an alternative financial investment method within the principality of Andorra (such as: securities with INAF, debt instruments by Andorran resident entities or any public administration).
  – Prove that you can support yourself.
  – Deposit €50,000 for yourself. If you have any dependents, then you must deposit an additional €10,000 for each of them.
• Residency through business activity:
  – Deposit €50,000 for yourself. If you have any dependents, then you must deposit an additional €10,000 for each of them.
  – Prove that you can support yourself.
  – Maintain at least 1 employee in Andorra.
  – Generate at least 85% of the revenue outside the country.
• Residency via sport, culture, or scientific reasons:
  – Deposit €50,000 for yourself. If you have any dependents, then you must deposit an additional €10,000 for each of them.
  – Prove that you can support yourself.
  – Reside a minimum of 90 days a year to keep your residency.

 

Active Residency

You also have the option to be an active resident of Andorra, in which case you must:

• Spend at least 183 days a year in the country.
• Use Andorra as your main home.
• Be a resident who has an active work contract in the country or be self-employed.
• Incorporate your company in the country and fulfill all licensing requirements.
• Deposit €3,000 into a local bank.
• Pass an interview with the government.
• Register with CASS (Caixa Andorrana de la Seguretat Social) which is the local health department.
• Pass a medical exam.
• Deposit €15,000 with INAF (you are exempt from this if you have at least 1 employee).
• Submit all requested documentation for your application.
• Must own at least 11% of the company and be a director.
• Dependents must wait until after 12 months of your approval.

 

Benefits Of The Andorra Residency By Investment Program

• No automatic exchange of banking information about its tax residents.
• Only 90 days of stay is required to maintain passive residency.
• Virtually no crime rate in the country.
• One of the best healthcare systems in the world.
• Access to top-notch education.
• As a resident, you have free movement between Andorra, Spain, and France without any restrictions.

 

Andorra Residency Requirements And Qualifications

The requirements and qualifications required to obtain Andorra residency or citizenship is listed above in the “About Andorra Citizenship and Residency” section.

Steps And Timeline

• STEP #1: Collection of documents.
• STEP #2: Opening a bank account and transferring money.
• STEP #3: Application with the Andorran government.
• STEP #4: Pass the medical examination.
• STEP #5: Transfer money to INAF.
• STEP #6: Wait for approval by the Andorran Immigration.
• STEP #7: After approval, make the investment within 6 months.

The total timeline takes between 2-4 months, depending on due diligence checks, accuracy of paperwork and potential slowdowns in governments due to COVID.

Our Services

Privacy World offers its services to anyone, not only looking to obtain residency and/or citizenship processes but our experts figure out legal ways to:

• Find the best solution for your needs.
• Identify and deploy a strategy to help you accomplish your goals.
• Activate our network of people in the country where you need help without having you search for the best solution or lawyer. We only work with licensed people in every country whom we carefully vet and pass our guidelines and principles of privacy we stand for.
• Focus on cutting through the red tape and to expedite your process.
• Provide proper communication with you about your case.
  …. and above all: Offer you legal strategies to provide additional layers of privacy for your identity, while obtaining your residency or citizenship!

Privacy World can also help you with incorporating your company in Andorra, assisting in getting you settled in the country and coordinating with you so that this experience will be less of a hassle.

Want Privacy World to handle your case? Have any questions? Contact us!

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