Residence in Andorra
Residence Category C (“passive” residence in Andorra without labor permit)
— International acknowledgement in certain sphere (artists, actors, sportsmen, scientists, etc.)
— Financial welfare
— The absence of any criminal ties, police clearance certificate
— Medical insurance, issued by Andorran company. The average cost of a year-round insurance, depending on the age, will vary from 800 to 1200 per person
— Real estate in Andorra (including the rented one)
— 50000 euro of deposit for the applicant and 10000 euro per each dependent. The whole sum is submitted at Andorran Institute of Finances (INAF) for the period of residence validity. At that, the sum is paid back to the applicant in case the residence is not prolonged.
— The confirmation of financial capacities for living on the territory of Andorra for a year in the amount of 300% of the minimum annual wages in Andorra and 100% for each dependent. The total sum will make up 34634 euro for the applicant and 11544 for each dependent. The sum is deposited to the account, launched in a bank of Andorra. The set of documents includes the bank certificate that confirms the existence of the account with the needed sum. Further on this money can be used as 50000 euro deposit to INAF (available only for a number of Andorran banks).
— Staying in the country no less than 90 days annually
*In accordance to the valid immigration legislation of Andorra, Category C passive residence may obtain labor permit in case of launching of company in Andorra (look for “Registration of companies in Andorra” here).
The major additional requirements to the candidates of this category require CV with confirmation of achievements in any domain of activity, any other confirmations of activity (including internet links), documents that confirm incomes and expenses for the previous year, tax statements, labor contracts, etc.
*The residence for this category of applicants can be approved before the official translation and apostilization of all necessary documents.
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