Category A Residence Permit

Passive residency by investment in Andorra

How can you get the residency by investment in Andorra?

One of the easiest ways to get your residence permit in Andorra. The Category A residency will allow you to stay in the country without the need to work (it’s a non-lucrative visa), or to legally reside once you make your living from abroad.

Initial Investment

In order to get your residence permit category A, you will need to invest in a government bond with value equal to 50.000€

Your Main Source of Income can’t be in the Principality

This visa won’t allow you to work in the country, but you can keep your existing job contract or company outside.

Bring your family with you

You can do a joint application and get the residency for your family too. You will just need to ad an extra 10.000€ on the initial investment per each family member

Life most of the time away from Andorra

You will need to stay in the country for a minimum of 90 days per year. Therefore, you can live abroad and visit the country just for three months.

No need to pay personal tax

If you stay in the country from 90 to 182 days, you will be regarded as a non-resident taxpayer in Andorra, avoiding the need to pay personal tax.

Fast application procedure

It will take from 1 to 2 months to finally get your residence permit in the country from the moment in which you started the application process

Documents & Requirements for the passive residency

–Proof of a private health insurance contract with a company in Andorra, full coverage inside the principality.

–Criminal background records, which must be legalized and apostilled.

–Proof of your civil status (whether you are married, single, divorced, etc.)

–Bank certificate that demonstrates the possession of sufficient economic means to sustain your life and the lives of your family in the country. More precisely, you must possess a 300% of the minimum salary (which is about 13.000 per year), plus an additional 100% per each family member.

-An initial deposit of 50.000€ (additional 10.000€ per each family member), which will be completely refundable in the future.

-Within the first 6 months in the country, you will have to make any financial investment valued at a minimum of 400.000€, discounting the 50.000€ of the deposit you will have paid already.

* Bear in mind that all the documents must be translated into Catalan

Where to invest to get the residency

As we have just mentioned, you will have 6 months to make an investment equal to 400.000€. which are the areas of investment allowed for the category a?

• Real estate. You can buy a property or acquire a rental contract (mortgages now are a valid instrument) which will serve as your habitual residence, and the permit will be granted to you.
• Shareholdings from an Andorran company
• Financial investments like deposits, government debt and treasuries, investment funds or equities.

IMPORTANT NOTE:
Bear in mind that the total value of the investment must be reached by the actions of the main household applicant, individually.

GET YOUR CATEGORY A RESIDENCE PERMIT WITH US

With you from the beginning to the end, guiding you step by step. We will fill out and submit all the required documents. Get online assistance: there is no need to come to our office!