General program requirements

There are multiple investment options for the Residence without Lucrative Activity in Andorra. Total investment must amount to no less than EUR 400,000. 

Regardless of the investment type chosen, all applicants must deposit €50,000 cash in the Andorra Institute of Finance (AFA) and an additional €10,000 per dependent included in the application. These amounts are returned when residency is relinquished or the applicant becomes a citizen. The remaining balance of the EUR 400,000 may be invested in:

Investment accounts with Andorran banks;
Shares in Andorran companies;
Other investments in the Andorran property market;
Public company bonds;
Further deposits with the Autoritat Financera Andorrana (AFA).

The applicant needs to prove 300% of the annual minimum wage from revenue from sources outside of Andorra, as well as an additional 100% of the minimum wage for each dependent. The Andorran minimum annual salary is €13,460. For a family of three, for example, annual revenue from foreign sources would then need to be equivalent to 500% of the minimum wage, i.e., €67,300.

Program benefits

• Freedom of movement (but not settlement) within Schengen;
• Path to citizenship;
• Minimal physical presence requirements;
• Lower taxes;
• Safety and security;
• Enhanced education opportunities;
• Enhanced business access to large economies;
• Short processing time

Requirements to qualify for citizenship

The applicant will have 6 months to make the initial investment after being approved for residency and will need to undergo a medical exam before being able to collect the residency permit.

The initial permit is for a 2-year period, which can be renewed for another 2 years, and then 3 years after that. After completing 7 years of residency, the applicant can apply for a 10 year permanent residency permit. An application for citizenship would require being a permanent resident physically present in Andorra for a minimum of 10 years. In most cases, the process for citizenship takes up to 20 years. 

Before applying for citizenship, an applicant must pass an exam in Catalan language, geography and the history of Andorra. Dual citizenship is not permitted in Andorra. Applicants need to prove they have renounced their previous citizenship within 5 years of obtaining Andorran citizenship.

Applications for this program may be directed to:

Ministry of Justice and Interior/Immigration Department 

Legislation upon which this program is based:

Immigration Act qualified, and Law 16/2013, of 10

No statistics available yet for this program.