Andorra becomes the 190th member of the International Monetary Fund
Posted November 5, 2020 / No comments
The Principality of Andorra becomes the 190th member of the International Monetary Fund (IMF). A process that began in January 2020, with the formal request of the Minister of Finance and Spokesperson for the Government of Andorra, Eric Jover, before this body. On the night of Friday, October 16, 2020, the instrument of ratification was
Read MoreAndorra increases the minimum wage for 2021
Posted October 27, 2020 / No comments
The Andorran executive has informed last Wednesday at a press conference, through his head of government Xavier Espot that the interprofessional minimum wage will increase by 3.5% as of January 1, 2021. This means that € 1121.47 will be paid per month / € 6.47 per hour. Espot has also indicated that this increase is
Read MoreAndorra advances with new agreements against double taxation
Posted September 16, 2020 / No comments
Andorra continues to work on foreign policy issues with new tax conventions to avoid double taxation. Andorran foreign affairs minister Maria Ubach has reported that the next agreements to be signed will be with the Netherlands, Belgium and Hungary. Currently the Principality of Andorra has signed agreements to avoid double taxation with the following countries:
Read MoreCOVID19 – Residency in Andorra for professionals of the digital economy
Posted August 15, 2020 / No comments
COVID19 has the changed the lives of many. It is obvious that with the upcoming fall and winter months many are wondering how intense a potential second or ongoing wave will be and if lock-downs will be put in place once more. Andorra is no exception. This small country surrounded by mountain ranges with limited
Read MoreForeign investment in Andorra on the rise
Posted July 21, 2020 / No comments
Andorra offers an interesting combination of attractive taxation with high quality of life. In recent years, Andorra has made important advances so that foreign investors see the Principality as a safe destination and in accordance with international laws for their business. Since the approval of Law 10/2012 on Foreign Investment in 2012, which allows 100%
Read MoreAndorra is best secret for UK retirees and high net worth individuals
Posted April 9, 2020 / No comments
For many in Britain, the tiny Principality of Andorra is a relatively unknown location. The few that may be familiar with it associate Andorra with it being located in the Pyrenees between France and Spain offering winter sports and skiing vacations. However, Andorra is a perfect destination with numerous advantages to consider relocation and establishing
Read MoreHigh Net Worth Individuals Passive Residency in Andorra
Posted April 6, 2020 / No comments
In our latest video we cover why high net worth individuals consider passive residency in Andorra. The Principality is known for its high quality of life while having low taxation, low cost real estate and low outgoing maintenance and day-to-day living expenses. There are other benefits including capital gains, property, inheritance and wealth tax advantages
Read MoreE-Residency and e-companies for digital nomads in Andorra
Posted December 2, 2019 / No comments
E-Residency and e-companies for digital nomads in Andorra The Andorran government caught a lot of interest from digital nomads around Europe as they have been considering implementation of an e-residency in Andorra to allow company set-up without physical residency. The Minister of Interior and Justice, Mr. Josep Maria Rossell has committed to study the viability
Read MoreAndorra and China: 25 years of bilateral relations
Posted July 31, 2019 / No comments
Andorra and China: 25 years of bilateral relations Andorra’s head of government, Xavier Espot, received a delegation from China in July, accompanied by his ambassador Lyu Fan. Take note that China was one of the first countries to sign a bilateral treaty with the Principality of Andorra and during this meeting the good diplomatic and
Read MoreFuture project for Andorra to have its own airport
Posted June 7, 2019 / No comments
Future project for Andorra to have its own airport On June 19th, the Chamber of Commerce of Andorra will present in a public act the report related to the feasibility study to build its own airport in Andorran territory. Currently, both to travel to Andorra and to leave the Principality by plane, the nearest airports
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