Moving to Europe. Andorra. Relocation guide and tips

photo: Stefano Paletti

Moving to Europe. Europe relocation guide and tips: Andorra

22 REASONS TO RELOCATE TO ANDORRA:

1/ Direct taxes 10% – minimum in Europe. VAT remains at the level of 4.5%

2/ In accordance to International living index, Andorra takes the 12th position in the world for its living standards

3/ The GDP per capita index is higher than in the USA, Japan, Germany, France and Spain. It takes the 5th position in the world, outscored only by Monaco, Lichtenstein, Luxembourg and San-Marino

4/ The banks of Andorra are included in the top-20 of the most reliable banks in the world. The clients have an opportunity to open digital accounts. VIP banking is presented for the sums, starting from 3 mln euro

5/ The tax burden in reference to business is the lowest in the world. Corporate income tax is 10%, there is an opportunity to diminish it up to 2%. In accordance to International living index, Andorra is in the list of top-25 countries for the terms of business development in the world

6/ Strong National health insurance (CASS). Reimbursement : 90% surgical procedure; 75% medical expenses; 100% in case of work-related injuries

7/ The opportunity of legalizing a family and obtaining active residence with labor permit on the “ turnkey” basis, investing no more than 15 000 euro

8/ Guarantees for obtaining residence permit

9/ Social stability, zero level of criminality. Andorra is one of the safest countries in the world

10/ Strong and stable legal framework (8th position in the World Bank’s Worldwide Governance Indicators)

11/ Ski resorts of Andorra are open 5 months a year, the cost of season-long ski-passes for the residents makes up 270 euro. There is the highest density of ski-lifts per m2

12/ Caldea INUU thermal springs are available all year round

13/ Mediterranean resorts of France and Spain are located within 2-hour driving distance

14/ Low-cost plane and helicopter connection between the cities of Spain, France, Portugal, Canary and Balearic Islands are established in 2016

15/ More than 300 sunny days per year. Andorra is a most sunny ski and thermal resort of Europe

16/ The prices for luxury goods, household appliances, alimentary and alcohol are by 10-25% lower than in EU countries

17/ Free education of children with simultaneous learning of 5 foreign languages (Catalan, English, French, Spanish and Portuguese). Skiing is an integral part of educational program

18/ In accordance to the UNO data Andorra is the second in the world for life span that is estimated to be 81,6 years. Best healthcare system in the world: Andorra, according to the rating of the leading medical journal The Lancet

19/ Unlimited transfers and living on the territory of Spain, Portugal and France (including Monaco)

20/ Simplified procedure of long-term visas and residence permits in other EU countries, as well as in the USA, UK, Australia, Japan and Singapore

21/ The obligation to stay on the territory of Andorra for 90 days annually vs. 180 days for other countries of Europe, the USA and Canada

22/ Andorra is the 14th oldest state in the world that has been safeguarding its neutrality for the last 700 years of history

Look here for all residence types available now in Andorra

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Relocation tips for new residents

Business guide

Travel guide