Andorra Golden Visa

Andorra is a small European principality located between France and Spain. Its low-tax environment, personal income and high standard of living make it attractive to high-net-worth individuals seeking a secure European base. The country uses the euro, although it is not a member of the European Union or Schengen Area.

Andorra Golden Visa

Andorra offers a formal residency by investment route through its Residence Without Lucrative Activity permit. Commonly known as the Andorra Golden Visa, it is designed for financially independent applicants who want to reside in the country without working locally.

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.

Andorra Residence Without Lucrative Activity Pathways

Applicants can qualify through either:

• €400,000 invested directly or indirectly in the Andorran Housing Fund
• €1 million invested in qualifying Andorran assets

The €1 million route includes property, shares in Andorran companies, government bonds, Andorran investment funds, financial instruments, life insurance products and non-interest-bearing deposits. Where property is selected, more than €800,000 must be invested in each property acquired.

Andorra Golden Visa Key Requirements

• Pay a non-refundable €50,000 state contribution
• Pay an additional €12,000 for each dependant
• Spend at least 90 days per year in Andorra
• Demonstrate income above 300% of Andorra’s annual minimum salary
• Demonstrate an additional 100% for each dependant

Andorra Golden Visa Benefits

• Renewable permits offering long-term security
• Residence for eligible family members
• Personal income tax rate of 10% for tax residents
• High standard of living in a safe and stable country

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European Golden Visa Alternatives

Investors seeking EU residency may prefer the Portugal Golden Visa or Italy Golden Visa. The Portugal Golden Visa requires a qualifying investment from €500,000 and offers a potential route to citizenship for applicants who meet the separate naturalisation requirements. The Italy Golden Visa offers EU residency through qualifying investments starting from €250,000.

Andorra Citizenship by Investment

Andorra does not offer direct citizenship by investment. Under the general naturalisation route, applicants must normally complete 20 years of permanent residence. The five years immediately before applying must be spent in Andorra. Andorra does not permit dual citizenship so applicants must generally relinquish their previous nationality. Investors seeking direct citizenship through investment may instead consider the Turkey Citizenship by Investment program. Turkish citizenship is available through a qualifying property investment of at least US$400,000, without requiring 20 years of residence.

Andorra Passport Strength and Ranking

Andorra has a strong passport in our index, ranking 42nd out of 199 passports in the La Vida Passport Value Index. The Andorran passport provides access to 181 of the world’s 227 destinations. This represents 79.2% of global GDP and 94.1% of the worldwide visitor market. However, the passport cannot be obtained through direct investment unlike Grenada’s Citizenship by Investment route.