Residencia en Andorra

Residence in Andorra

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Three reasons to live in the Principality

Despite having an area of only 468 square kilometers and a population of just over 71,000 inhabitants, Andorra has traditionally positioned itself as a multicultural and open country in which more than 100 different nationalities live together in a fully integrated way. This fact, together with its excellent location, in the middle of the Pyrenees between Spain and France, has made Andorra a very attractive country to live in, either on a fixed basis with the purchase of a house or flat or, temporarily, by renting a property.

What sets us apart from other real estate agencies

Low taxation is one of the main distinguishing features that residing in Andorra inherently entails. Thus, whether they are a natural person or a company, residents of Andorra have direct and indirect taxation (general IGI of 4.5%) that is very advantageous compared to the countries in their environment. A level of taxation that allows, among other advantages, companies to tax at a nominal rate of 10% on business profits, with deductions for certain activities that reduce the tax rate to 2%.

Personal income tax, which came into force in Andorra on January 1, 2015, also has a 10% tax on savings salaries and income. However, the first 24,000? € for income from work and the first 3,000? € for real estate income are not taxed. In addition, within the bonus section, there are deductions for the creation of jobs, as well as the exemption, provided that the requirements are met, from the indirect tax on real estate transfers (ITP).

Viure in an advantageous fiscal environment

Residence in Andorra, synonymous with living in a natural environment

Another reason to live in Andorra is the country's location. The valleys of Andorra, nestled in the middle of the Pyrenees, turn the Principality into a territory with an unbeatable natural environment, which can be enjoyed thanks to the many activities offered by all the country's parishes, practically all year round.

With more than 2,000 hours of sunshine per year, another major attraction for living in Andorra during the summer is the wide range of itineraries and hiking trails, which allow you to discover, among other attractions, emblematic environments such as the Llac de Tristaina, the Vall d'Incles, the Llac de Engolasters or the Vall del Madriu-Perafita-Claror. If you want to rent a seasonal apartment or buy a property to use as a second home, winter will surely be a good time to enjoy it. In addition, with the first snowfall, Andorra's environment is transformed with almost 300 skiable kilometers, spread between the country's two major resorts: Grandvalira and Vallnord (Pal-Arinsal and Ordino-Arcalís).
Services such as wealth management or real estate consulting, as well as information of general interest related to residence in Andorra.

To complete it, on our website you will also find a blog section that will allow you to keep up to date with all the real estate news in the Principality. In addition, you will also be able to learn from a rigorous and expert perspective, the different singularities that Andorra presents and that directly or indirectly condition the Andorran real estate market.