Why move to Andorra?
Why move to Andorra?
Deciding to expatriate to another country often stems from a desire for change, to start life over, to make new discoveries… To live happily. An expatriation project can also be motivated by work. If you are looking for a dream destination for your retirement, to start from scratch or simply to offer your family a better life, Andorra is a better option to consider. Moving to live in a new country involves many issues: integration, investment opportunities, security, children's education, environment, activities, etc. What are the reasons that can motivate an expatriation to "Andorra"? What are the different advantages of moving to this country in the heart of the Pyrenees?
). In its history, it stands as an example of peace.
Through wars and conflicts, it has managed to maintain an enduring neutrality. 37 homicides per 100,000 inhabitants.
9 for Spain. The same applies to offences and thefts, rapes, robberies, etc.
What does it do to establish such security for its residents? First, we can mention the weight of its deeply rooted traditions.
A healthcare system among the most effective The reliability of its healthcare system is among the advantages of expatriating to the Principality of Andorra. And this is not because its area is only 468 km²! The country benefits from centrally managed social security, and therefore simplified. Healthcare offerings are of high quality.
The reimbursement system is reliable. And contributions are less expensive. It is also based on the principle of solidarity, where the CASS, the Andorran Social Security Fund, provides coverage for people in difficulty. WHO data show its longevity among the longest in the world.
5 years. Its life expectancy has ranked in the top 3 for several years.
A peaceful environment in the heart of the Pyrenees For lovers of nature, mountains and soothing landscapes, the Principality is the place to choose. Its environment is strongly preserved, which allows you to enjoy very high air quality. But that is not all — its climate is also exceptional.
The country offers more than 300 days of sunshine per year. If the Principality of Andorra has preserved nature, do not think for a moment that you will not have the comfort you need. It has modern infrastructure, hospitals equipped with modern equipment, luxury housing, etc.
You can benefit from the services you will need. The concept of countryside and city is completely redefined here because even in the middle of the countryside, you will be less than 40 minutes from the capital.
Numerous activities to enjoy Each year, the country welcomes millions of visitors. They come mainly to:
Go skiing or shopping there;
- See Cirque du Soleil;
- Access some of its exceptional health and wellness offerings;
- Explore its mountains;
- Visit its monuments rich in history;
- Visit its parishes;
- Discover lush nature and picturesque landscapes;
- Go hiking; etc. If tourists can only enjoy these activities for a limited period, imagine that you can do them as much as you wish as an expatriate.
- Faire de la randonnée ; etc.
Si les touristes ne peuvent profiter de ces activités que durant une période limitée, imaginez que vous pouvez les faire autant que vous le souhaitez en tant qu’expatrié.
A more than attractive tax system
One of the main advantages of this small state is its low taxation. For both companies and individuals (income tax), the maximum tax rate is 10%. In Andorra, there is no wealth tax or inheritance tax. Its VAT of 4.5% is the lowest in Europe.
A country conducive to investment and business creation
All these elements combined make the Principality of Andorra a privileged destination for investors and business creators. The procedures are notably simplified for a request for residence of company directors. We must not forget to mention the political and economic stability. Agreements to avoid double taxation have also been signed with several European countries.
As for real estate investment, it is facilitated by certain tax exemptions and reliefs. To buy a property, you just have to respect the different steps required to achieve this. Among others, obtaining the authorization for foreign investment in real estate, opening a bank account and completing the purchase with a notary.
A multicultural education for your children
Andorra offers an ideal setting for raising children. It has three educational systems, including the Andorran, Spanish and French systems. The Andorran education system includes nursery schools and elementary school in each parish. Only the middle and high school must be done in Andorra la Vella. Apart from the Andorran school, the baccalaureate will only be taught at the French high school, the Spanish institute and the Sant Ermengol school.
In any case, the country offers a complete, varied, but above all multicultural school system. Your children will be able to speak several languages from an early age. In Andorran schools, sports are also given a special place.
A lower cost of living than in many European countries
The cost of living and prices in the destination country are also one of the main concerns when planning an expatriation. As is the case in many countries, the price of various products, the cost of food, the shopping basket and others remain very varied. However, the cost of living in this Principality is 19% lower than in France. Housing represents the first household expense.
Becoming a working resident in Andorra is possible through employment. Also, people with an international reputation (author, athlete, artist, etc.), retired or wishing to make a foreign investment, can benefit from a passive residency.
