Andorra

Andorra Residency by Investment

Andorra’s Residence Without Lucrative Activity Programme is a passive residency route for financially independent individuals seeking a secure European base with favourable taxation. The country is not in the European Union but is closely connected to the Schengen travel area and uses the Euro as its currency.

Recent reforms reshaped the programme, introducing a €400,000 Housing Fund investment option alongside higher investment routes of up to €1 million in approved Andorran assets. Applicants must demonstrate sufficient foreign income, pay a non-refundable state fee, and complete their investment after approval. Residency is initially granted for two years and renewed progressively, offering a long-term solution for those prioritising lifestyle, stability, and tax efficiency.

Benefits of Andorra Residency by Investment

• Freedom of movement for travel across the Schengen area
• Low tax environment with favourable personal taxation structures
• Minimal physical presence requirements
• Strategic location with close proximity to France and Spain
• Flexible investment routes including the €400,000 Housing Fund option
• Long term pathway toward permanent residency and eventual citizenship

Andorra Citizenship by Investment

Andorra does not offer a direct citizenship by investment programme. Citizenship is only available after a long period of residence and integration, typically requiring at least 10 years of permanent residency and the renunciation of prior citizenship.

For investors seeking a clearer or faster route toward EU citizenship, alternative European residency programmes may be more suitable. Options such as Portugal offer structured residency by investment pathways that can lead to citizenship over time.

Andorra Passport Strength and Ranking

Andorra holds a notably strong passport, offering visa-free or visa-on-arrival access to 181 destinations worldwide. This provides access to approximately 80.2% of global economic output, placing it well above many larger nations in terms of economic reach. Ranked 39th in La Vida’s Global Passport Ranking, Andorra does not currently offer a citizenship by investment programme, despite the clear strength of its passport.