middle_east
UAE Retirement Visa
From ~USD 2.0M
1-2 mo · 30yr to citizenship
Europe
Andorra Passive Residence Permit
Tax-efficient residence in the Pyrenees with maximum 10% income tax. EU access through Spanish and French borders with high quality of life.
Program overview
- Status
- Active
- Minimum Investment
- EUR 1.05M
- Established
- 2012
- Processing Time
- 2-4 months
- Schengen Access
- No
Investment options
Real Estate
EUR 1.0M
Investment Funds
EUR 1.0M
Other disbursements
Refundable deposit
EUR 50K
Citizenship requirements
Eligibility
After 20 years
Language
Catalan
Test
Required
Key benefits
Max 10% income tax, zero wealth/inheritance/capital gains tax
Travel to 90/180 days Schengen access via France/Spain
Family inclusion
Spouse
Dependent children up to age 18
Parents
Tax situation
Standard Low Tax Regime
- Eligibility
- Residency
- Duration
- Indefinite
- Income Tax
- 0-10%
- Foreign Income
- Taxed
- Capital Gains
- 0-10%
- Dividends
- 0% / 10%
- Wealth Tax
- None
- Inheritance Tax
- None
| Tax Type | Standard Low Tax Regime |
|---|---|
| Eligibility | Residency |
| Duration | Indefinite |
| Income Tax | 0-10% |
| Foreign Income | Taxed |
| Capital Gains | 0-10% |
| Dividends | 0% / 10% |
| Wealth Tax | None |
| Inheritance Tax | None |
| Learn more |
Program details
Andorra's Passive Residence permit offers tax-efficient European living in the Pyrenees microstate. The tax benefits are significant: maximum 10% personal income tax, with zero wealth tax, inheritance tax, and capital gains tax.
Important distinction: This is a passive residence permit, meaning work rights are not included. All income must come from sources outside Andorra. The investment threshold was increased from EUR 400,000 to EUR 600,000 in December 2022, plus a EUR 50,000 deposit with the Financial Authority (EUR 12,000 for each dependent).
While Andorra is not a Schengen member, residents can travel freely to Schengen countries under the 90/180 day rule via France and Spain.
The pathway to citizenship is Europe's longest at 20 years, requiring Catalan language proficiency. This makes Andorra best suited for those prioritizing tax efficiency over citizenship acquisition.
Interested in Andorra's Passive Residence Permit?
Our advisors can guide you through the application process and help you evaluate if this program fits your goals.
Schedule consultationOther Residency programs
Personal income tax rates (IRPF)
Govern d'Andorra - Seu Electronica IRPF·Last checked: 12/01/26
Personal income tax rates (IRPF) - Legal basis
Govern d'Andorra - Sistema tributari·Last checked: 12/01/26
Capital gains tax - Securities/shares
Govern d'Andorra - IRPF Declaration Information·Last checked: 12/01/26
Dividend taxation
Govern d'Andorra - IRPF (Capital mobiliari)·Last checked: 12/01/26
Wealth tax - None
Govern d'Andorra - Altres impostos·Last checked: 12/01/26
Inheritance/estate tax - None
Govern d'Andorra - Altres impostos·Last checked: 12/01/26
Foreign income treatment - Worldwide taxation
Govern d'Andorra - IRPF (Worldwide Income)·Last checked: 12/01/26
Active residency requirements - Self-employed (AD-IMM-03)
Portal Juridic d'Andorra - Llei qualificada d'immigracio (Article 38 ter)·Last checked: 14/01/26
Expert guidance
Find your path to permanent residency
Our advisors help you compare programs, understand citizenship timelines, and structure your investment for maximum benefit.
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