Good Contents Are Everywhere, But Here, We Deliver The Best of The Best.Please Hold on!
  • ANDORRA
  • Residency by Investment

ANDORRA

Andorra is a tiny independent state between Spain and France, with the area of 467.6 km² and with the population of 70 K people. Andorra is the 6th smallest country in the world, with high standard of living, offshore financial sector and steady economic growth. Andorra isn’t a member of the European Union and Schengen area, but it is a member of EU customs union and therefore the official currency is Euro. The official language of the country is Catalan, Spanish and Portuguese is widely spoken. Andorra has one of the most developed tourism industry in the world, as an estimated 10 Million tourists visit the country every year.

Andorra is a perfect place to settle for high-net worth individuals. The immigration law of Andorra was amended on the 1st of May 2012. There are three types of passive residency in Andorra:

  • Resident without gainful activity - There is a mandatory rule the resident o reside at least 90 days per year in Andorra. The minimum investment requirement is 400,000 Euro (either in real estate, financial investment or shareholding in Andorran company). It is also required the investor to prove the independent funding of his/her lifestyle in Andorra. The initial deposit must be 50,000 Euro, which form a part of 400,000 Euro investments.
  • Resident as a professional with an international business - There is a mandatory rule, the applicant to prove the independent funding of his/her lifestyle in Andorra. The applicant is obliged to deposit 50,000 Euro plus 10,000 Euro for per dependent held by Andorran Government. Another requirement is that there must be minimum 1 employee in Andorra and 85 % of the revenues must be generated outside the country.
  • Resident because of a scientific, cultural or sports reason - There is a mandatory rule, the applicant to prove the independent funding of his/her lifestyle in Andorra. The applicant is obliged to deposit 50,000 Euro plus 10,000 Euro for per dependent held by Andorran Government. The applicant must reside at least 90 days per year in country.

Residing in Andorra has several benefits, including favorable tax regimes with no wealth, capital gains, income, Estate duty or dividend taxation. The country has low crime rate and has one of the best healthcare systems in the world. The residence permit does not entitle investor to work in the country. The residence permit entitles investor to enjoy free travel between Andorra, France and Spain. Resident is an opportunity to obtain an Andorran citizenship after qualified period. It has to be mentioned that obtaining Andorran citizenship is very long and complicated process, as it can be applied after 20 years (provided that before application there was a 10 years permanent residency). In addition the Andorran law forbids the dual citizenship and requires from the applicant to renounce his/her primary citizenship. Obtaining citizenship is not a primary reason why investors want to choose Andorra. Favorable taxation system is the most important issue for them.

Capital

Andorra la Vella

Location

Located in the continent of Europe, Andorra shares land borders with 2 countries: France, Spain.

Language

Catalan

Currency

Eurod (EUR)

Government

Unitary parliamentary semi-elective diarchy

Area

467.63 km2

Population

77,281

Time Zone

CET (UTC+1) | Summer (DST) CEST (UTC+2)

  • Reasons to choose Andorra?

    • Favorable tax regime: with no wealth, capital gains, income, Estate duty or dividend taxation
    • One of the best health care systems in the world
    • Low crime rate and Safety
    • Opportunity to obtain Andorra citizenship after qualified time
    • Right to travel between Andorra, Spain, and France without restriction
    • Obtain permanent residence permit in Andorra for all family members after qualifying period
    • No right to work or rent commercial premises (active residence required)
  • Visa Free

    Visa-Free/Visa-on-arrival: Albania, American Samoa, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Austria, Bahamas, Bahrain, Belarus, Belgium, Belize, Bermuda, Bolivia, Bonaire, Sint Eustatius and Saba, Bosnia and Herzegovina, Brazil, British Virgin Islands, Bulgaria, Cambodia, Cape Verde, Cayman Islands, Chile, Colombia, Comoros, Cook Islands, Costa Rica, Croatia, Curaçao, Cyprus, Czech Republic, Denmark, Djibouti, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, Estonia, Falkland Islands (Malvinas), Finland, France, French Guiana, French Polynesia, Gambia, Georgia, Germany, Gibraltar, Greece, Grenada, Guadeloupe, Guatemala, Haiti, Honduras, Hong Kong, Hungary, Iceland, Indonesia, Iran, Ireland, Israel, Italy, Jamaica, Japan, Jordan, Kosovo, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lithuania, Luxembourg, Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Montenegro, Montserrat, Morocco, Mozambique, Nepal, Netherlands, New Caledonia, New Zealand, Nicaragua, Niue, Norway, Oman, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Poland, Portugal, Qatar, Romania, Réunion, Saint Barthélemy, Saint Lucia, Saint Martin (French part), Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Samoa, Senegal, Serbia, Seychelles, Singapore, Sint Maarten (Dutch part), Slovakia, Slovenia, Solomon Islands, South Africa, South Korea, Spain, Swaziland, Sweden, Switzerland, Taiwan, Tajikistan, Tanzania, Thailand, Timor-Leste, Togo, Tunisia, Turkey, Tuvalu, Uganda, Ukraine, United Arab Emirates, United Kingdom, Uruguay, Vanuatu, Venezuela, Wallis and Futuna, Zambia, Zimbabwe,

    Electronic Authorization: Australia, Azerbaijan, Canada, Gabon, Guam, India, Kenya, Norfolk Island, Northern Mariana Islands, Puerto Rico, Saint Kitts and Nevis, Sri Lanka, U.S. Virgin Islands, United States,

    Visa required prior to arrival: Afghanistan, Algeria, Angola, Bangladesh, Barbados, Benin, Bhutan, Botswana, Brunei, Burkina Faso, Burundi, Cameroon, Central African Republic, Chad, China, Congo Republic, Cuba, Côte d'Ivoire, Democratic Republic of the Congo, Equatorial Guinea, Eritrea, Ethiopia, Fiji, Ghana, Guinea, Guinea-Bissau, Guyana, Iraq, Kazakhstan, Kiribati, Lesotho, Liberia, Mongolia, Myanmar, Namibia, Nauru, Niger, Nigeria, North Korea, Pakistan, Russia, Rwanda, Sao Tome and Principe, Saudi Arabia, Sierra Leone, Somalia, South Sudan, Sudan, Suriname, Syria, Tonga, Trinidad and Tobago, Turkmenistan, Turks and Caicos Islands, Uzbekistan, Vietnam, Yemen,

    Entry denied: Libya

CITIZENSHIP BY INVESTMENT PROGRAMS

ANDORRA

Residency By Investment

AUSTRALIA

Residency By Investment

BAHAMAS

Residency By Investment

BULGARIA

Residency By Investment

CANADA

Residency By Investment

COSTA RICA

Residency By Investment

GREECE

Residency By Investment

IRELAND

Residency By Investment

JERSEY

Residency By Investment

MALAYSIA

Residency By Investment

MONACO

Residency By Investment

MONTSERRAT

Residency By Investment

NETHERLANDS

Residency By Investment

NEW ZEALAND

Residency By Investment

PORTUGAL

Residency By Investment

SINGAPORE

Residency By Investment

SPAIN

Residency By Investment

SWITZERLAND

Residency By Investment

THAILAND

Residency By Investment

TIER 1 INVESTOR VISA UK

Residency By Investment

TURKS AND CAICOS

Residency By Investment

USA EB-5 VISA PROGRAM

Residency By Investment



 

ST. KITTS & NEVIS

Kennylin House, New Street
Basseterre, St. Kitts KN.


P.O.BOX
440

Tel
+(1869) 465 2878

Fax
+(1869) 465 6077

Email
skn@bayatgroup.com


 

ANTIGUA & BARBUDA

Roberts Building 60 Nevis Street,
St. John’s, Antigua.


P.O.BOX
1301

Tel
+(1268) 462 0076

Fax
+(1268) 462 3077

Email
atg@bayatgroup.com


 

MONTREAL (CANADA)

3418 Stanley Street #R1
Montreal, Quebec, Canada H3A 1R8.

Tel
+(514) 845-0232

Fax
+(514) 845-0203

Email
mtl@bayatgroup.com


 

NEW YORK (USA)

1Barker Ave, White Plains,
NY 10601, United States.

Tel
+1 914-793-2626

Email
mtl@bayatgroup.com


 

PARIS (FRANCE)

91 , Rue de l' Université
75007 France.


Tel
+335 385 93 00

Fax
+334 551 0119

Mob
+336 801 7808

Email
paris@bayatgroup.com


 

DUBAI (U.A.E)

Suite 2302, Al Moosa Tower II, Trade
Centre area, Sheikh Zayed Rd, Dubai, U.A.E.


P.O.BOX
32422

Tel
+(9714) 355 4646

Mob
+(97150) 624 4646

Fax
+(9714) 355 2357

Email
dxb@bayatgroup.com


 

ABU DHABI (U.A.E)

Level 17, The Offices World trade Center Central Market, Al Markaziya, Abu Dhabi, UAE.


P.O.BOX
3876

Tel
+971 2 654 4086

Mob
+971 52 450 5922

Email
aud@bayatgroup.com


 

KUWAIT

Sahab Tower, level 18 Salhia,
Kuwait city, Kuwait.

 

Tel
2227 3887


 

ROSEAU (DOMINICA)

14 Great Marlborough, Roseau,
Commonwealth of Dominica.

Tel
+1 (767) 612 8290

Mob
+(1 767) 277 8399

Email
dom@bayatgroup.com


 

BEIRUT (LEBANON)

Suite 2029, Louis Vuitton Building
Allenby St. Beirut Souks Area,
Beirut, Lebanon

 

Tel
+(961) 1 957561

Email
bei@bayatgroup.com


 

JEDDAH (KSA)

Level 26 King’s Road Tower, King’s Road, Kingdom of Saudi Arabia.

P.O.BOX
Box 40469, Jeddah 21499

Tel
+966 (12) 229 3248


 

GEORGIA

Freedom Square 4a,
Tbilisi, Georgia.

Tel
+(995) 3 22 424252

Email
tbs@bayatgroup.com


 

KUALA LUMPUR (MALAYSIA)

Menara Standard Chartered,
Unit 35-3
.

Tel
+60 (32) 110 9000

Email
kul@bayatgroup.com