Non-profit residence

The current legal framework on immigration implements what until a few years ago was known as passive residence. This residence status does not include a work permit or allow the development of economic activities within the country.

However, these permits are very attractive due to the need to remain in the Principality for only 90 days, and may even lead to tax residence in case of proper planning based on OECD criteria. This type of residence is ideal for international business-owners who invoice their services only outside the Principality and for people who seek to obtain passive returns through their assets.

This type of residence is ideal for international business-owners who invoice their services only outside the Principality and for people who seek to obtain passive returns through their assets. This residence status is granted to persons who make an investment of €350,000 in the country, in addition to a deposit of €50,000 with the Andorran Financial Authority.

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