Residence Without Lucrative Activity

A low-tax, safe, peaceful, and tiny country, Andorra straddles the Pyrenees mountains on the border between France and Spain. 

The Residence Without Lucrative Activity visa is popular among French and Spanish HNWIs because of its limited physical presence requirements, flexible investment options, and – naturally – proximity to two of Europe’s largest economies.

Though Andorra is not part of the EU, the official currency is the Euro and holders of residence permits in the country are afforded visa-free travel (though not settlement) throughout the Schengen area.


Program at a glance

Program TypeGolden Visa Program
Time to citizenship20 years
Time to permanent residency7 years
Minimum investmentEUR 400,000
Physical presence requirement90 days a year
Application processing time2-4 months
Citizenship grants visa-free travel to168 destinations, including Schengen countries and the United States
Contribution types availableProperty Investment, Business Investment, Securities Investment, Bond Investment

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Recent stories about this destination

Explore Programs

Direct Citizenship Programs

Programs that offer citizenship within months in exchange for investments or donations, with minor/no physical presence requirements.

Semi-Direct Citizenship Programs

Programs that offer citizenship in exchange for investments following a 1-2 year period, with minor/no physical presence requirements.

Active Investor Visas

Programs that offer residence permits within months to those who physically relocate to start and/or run a business. Startup and entrepreneur visas fall under this category.

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