You’re considering Andorra’s investor visa to secure a low-tax Alpine base without working locally. In this guide, you’ll learn the core requirements, step-by-step application process, key benefits, and little-known facts—like pathway to naturalization and family reunification—to help you make an informed decision.

What Is the Andorra Investor Visa?

Andorra’s investor visa, officially known as passive residency, targets individuals who don’t plan to work within the principality but want to enjoy its fiscal and lifestyle perks. You won’t receive automatic citizenship or EU access, yet you gain:

• A residency permit renewable every few years
• Visa-free travel to Spain and France (via land borders)
• The ability to establish tax residency at a capped personal income tax of 10%

“The passive residency route is essentially a tax-residency program for high-net-worth individuals,” notes a financial consultant at PwC.

Investment Requirements and Financial Criteria

To qualify, you must meet minimum financial thresholds set by the Andorran Financial Authority (AFA):

1. €50,000 investment with the AFA
2. €15,000 deposit per applicant to the AFA
3. Evidence of sufficient recurring income or assets
4. Proof of health insurance covering Andorra
5. Clean criminal record certificate

AFA periodically revises these figures, so verify current amounts before applying.

Application Process and Documentation

Your application follows these steps:

1. Secure required funds and open an AFA account
2. Obtain health insurance valid in Andorra
3. Request your criminal record from your home country
4. Complete the official form and pay administrative fees
5. Submit in person at the Andorran immigration office

Processing can take 2–3 months. Once approved, you’ll receive a card valid for two years.

Renewal Schedule & Physical Presence

• Year 1–2: Initial card valid 24 months
• Year 3–4: Renewal for 24 months
• Year 5–7: Renewal for 36 months
• Year 8–17: Subsequent renewals for 10 years

You must spend at least 90 days per year in Andorra to maintain your status.

Benefits Beyond Taxation

Beyond a max 10% personal income tax rate, Andorra offers:

• No wealth, inheritance, or gift taxes
• Visa-free travel to Spain and France (via land borders)
• High standard of living, top-ranked healthcare and education
• Extremely low crime rate, among Europe’s safest

Family Reunification

Your spouse and dependent children (up to age 25 if students) can join you. Andorra recognizes same-sex marriages for residency purposes.

From Residency to Citizenship

Andorra’s investor residency doesn’t grant immediate citizenship. You may qualify for naturalization after:

• 20 years of continuous residency
• 10 years if you completed primary and secondary education in Andorra

However, Andorra remains outside the EU and Schengen, so citizenship won’t confer EU free-movement rights.

Ensuring Compliance and Monitoring Changes

Andorran authorities enforce rigorous due diligence, verifying your source of funds to deter money laundering. Since investment thresholds and deposit requirements may adjust periodically, always check official bulletins before committing capital.

• Keep up with AFA announcements
• Maintain valid health coverage
• File annual income reports if required

“Andorra’s framework combines fiscal advantages with strict compliance to safeguard its reputation,” says an immigration attorney.

Alpine Horizon

Now that you understand the path to Andorran passive residency—its costs, commitments, and unique perks—you’re ready to weigh this option against other jurisdictions. With low taxes, robust social services, and a clear residency-to-citizenship track, Andorra presents a compelling Alpine base for discerning investors.