Further changes in immigration law + new requirements for active resident shareholders

Posted May 31, 2018 / No comments

Active shareholder residents finally need to leave a 15.000 EUR deposit Further to our previous article in October on potential changes to the immigration law there is a final vote on the potential modifications to the residency for active shareholders (autonomos / compte propi). As previously reported this change will affect all future active residents that

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Cryptocurrency in Andorra

Posted May 7, 2018 / No comments

Blockchain technology and cryptocurrencies are arriving in Andorra challenging the regulatory framework of banks and government. What could be an opportunity for Andorra with excellent crypto-mining and taxation conditions is starting to push local authorities to adapt some minimum framework for activities related to cryptocurrencies and blockchain technology in Andorra. Read more on our article

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Andorra unemployment rate hits a record low of 1.7%

Posted February 12, 2018 / No comments

Andorra continues a path of solid economic growth with the unemployment touching a record low of 1.7%. The Andorra government presented last week their economic indicators for 2017 in terms of economic performance in Andorra. A net growth of 490 additional businesses have opened in 2017. The growth in Andorran economic activity also translates into

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Labor legislation in Andorra

Posted January 23, 2018 / No comments

Labor legislation in Andorra Have you wondered what labor legislation in Andorra offers to foreigners? According to Law 35 from December 2008, both contract parties have equal rights and obligations. Keep in mind that Andorra’s economy mainly focuses on tourism and trade – something that generally has favorable results concerning working legislation. We have outlined

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Andorra, Monaco and San Marino join forces

Posted December 28, 2017 / No comments

Andorra, Monaco and San Marino join forces to negotiate an association agreement with the EU that suits each country In November Andorra hosted a meeting between representatives of Andorra, Monaco and San Marino. The intention is to deepen in the points that these three states have in common to negotiate an association agreement with the

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Andorra – an attractive location for retired executives

Posted October 13, 2017 / No comments

Andorra – an attractive location for retired executives For the past years, relocating to Andorra has turned into a growing trend. Among other enticing reasons, the tax friendly policy of the principality has also contributed its share to attracting more and more retired executives. Not only does the country offer wonderful mountain views, many activities

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Important changes in immigration law + requirements for active residents

Posted October 5, 2017 / No comments

Active residents required to leave a 30.000 EUR deposit The Andorran government has released information to local press that an immigration law change is imminent. This change would affect all future active residents that apply for residence through the creation of a company in Andorra / working actively as director and participating with a minimum

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Andorra and Latvia start negotiating a double taxation agreement

Posted May 8, 2017 / No comments

Negotiations will soon begin between Andorra and Latvia. At the end of April 2017, Andorra’s foreign minister Gilbert Savoy and his Latvian counterpart Edgars Rinkevic held a working meeting to close the DTA, which will avoid double taxation between the two countries. The Andorran minister has delivered the draft of the agreement, which will allow

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