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.
Your Main Source of Income can’t be in the Principality
Bring your family with you
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
Fast application procedure
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.
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!