Advantages of living in Andorra

Liberalization of the economy

In recent years the country has gone through a process of opening up and liberalizing the economy.
Foreign investments are now welcome as well as the creation of companies, in addition to facilitating their residence.

What can convince you to move you family and business?

Level of life and infrastructure

Per capita income in Andorra is one of the highest in Europe.

It has excellent health care …

Leads the world quality ranking
Maximum efficiency in the health system thanks to the small population and high per capita income
Public Hospital
Free choice of medical staff
Subsidy in dental treatments

A multilingual education system:

It has 3 educational systems: Andorran / Catalan / French
The British College of Andorra has recently been installed
Free public education system
Compulsory education from 6 to 16

Corporate tax (2-10%) and income tax (5-10%).

Personal Income Tax (Income Tax):

up to € 24,000 – 0%.
of € 24,001 – € 40,000 – 5%.
more than € 40,000 – 10%.

It has the lower value added tax (VAT or sales tax) across Europe, with 4.5%. There is inheritance taxes or inheritances and contributions to social security are among the lowest in Europe.

Tax on capital gains over real estate Andorrans: 0-15%:

Sell in the 1st year: 15%.
Second-year sales: 13%.
Sale in the 3rd year: 10%.
Sale in the 4th year: 9%.

As of the year 4, the rate decreases by 1% per annum, which means that the property is tax-free after 12 years of ownership.

Simplicity and low fiscal pressure

Andorra is one of the countries in Europe with the lower rate corporate tax