{"id":2925,"date":"2023-03-01T13:40:50","date_gmt":"2023-03-01T13:40:50","guid":{"rendered":"https:\/\/www.mc-expatriation.com\/?page_id=2925"},"modified":"2024-07-09T06:46:39","modified_gmt":"2024-07-09T06:46:39","slug":"creation-residence","status":"publish","type":"page","link":"https:\/\/www.mc-expatriation.com\/en\/gestoria\/creation-residence\/","title":{"rendered":"Creating a residence in Andorra, conditions and information to know"},"content":{"rendered":"\n

The different types of residence in the Principality of Andorra <\/h2>\n\n\n\n

For all the people wishing to expatriate in the Principality, they have two solutions at their disposal. They can either become an active resident or a passive resident. <\/p>\n\n\n\n

Active residence <\/h3>\n\n\n\n

Active residence is intended for all persons with immigration authorization to carry out a professional activity in the country. For this reason, this status is also called working residence. Employees and entrepreneurs who wish to work in \"Andorra\" must have an active residence. <\/p>\n\n\n\n

Shareholders or foreign nationals who wish to take over a company in Andorra can obtain active residence. However, to be eligible, they must hold at least 20% of the capital of the company in question. To do this, they will need a work permit.<\/p>\n\n\n\n

For the active residence permit, it is obtained for a period of one year for the first year with renewal periods thereafter. These periods depend mainly on the nationality of the citizen. If you are French, Spanish or Portuguese, for example, you can have two consecutive two-year renewal periods. After these periods, the renewals are for a period of ten years. However, a Belgian or Swiss citizen will have to go through more renewals.  <\/p>\n\n\n\n

The application for an active residence is accompanied by substantial administrative steps. That is why the support of a Gestoria will allow you to optimize the procedures and to save a lot of time. <\/p>\n\n\n\n

The passive house <\/h3>\n\n\n\n

When a foreigner wishes to settle in the Principality of Andorra without a work permit, passive residence is the option that he can consider. For this purpose, he can settle there as a retiree or as an investor. It can be a person who wants to rent real estate, who has funds or a bank interest, who receives a pension, etc. <\/p>\n\n\n\n

In other words, it is a residence where the person concerned does not have to have an active business.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Creating a residence, the essential conditions to be able to settle in Andorra <\/h2>\n\n\n\n

The procedures and conditions for creating a residence in Andorra are not the same for an active resident and a passive resident. <\/p>\n\n\n\n

To be eligible for an active residence, you must, among other things: <\/p>\n\n\n\n

    \n
  • Reside permanently in the Principality for at least 183 days per year, not including vacations and business trips, <\/li>\n\n\n\n
  • Own at least 20% of the company's shares and\/or be a director, <\/li>\n\n\n\n
  • Register with the CASS, the Andorran social security system, <\/li>\n\n\n\n
  • Present a clean criminal record certificate (no money laundering or other financial crimes), <\/li>\n\n\n\n
  • Pay a deposit of 15,000 euros to the AFA, <\/li>\n\n\n\n
  • Have a home in Andorra, whether it is purchased or rented, <\/li>\n\n\n\n
  • Deposit a share capital of approximately 3,000 euros in an Andorran bank for company founders. <\/li>\n<\/ul>\n\n\n\n

    As for the passive residence, here are some of the conditions that must be met to receive it: <\/p>\n\n\n\n

      \n
    • Establish your main residence in Andorra for at least 90 days in a calendar year, <\/li>\n\n\n\n
    • Make an investment of at least 350,000 euros, plus a deposit of 47,500 euros to be paid to the Andorran Financial Authority or AFA, <\/li>\n\n\n\n
    • Take out international health insurance, <\/li>\n\n\n\n
    • Prove a clean criminal record, <\/li>\n\n\n\n
    • Present a medical certificate from the immigration medical service, <\/li>\n\n\n\n
    • Have a bank certificate mentioning the deposit of 47,500 euros and 9,500 euros more for each dependent family member, <\/li>\n\n\n\n
    • Have a proof of income which must be 300 times more than the minimum wage in the Principality.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"

      The different types of residence in the Principality of Andorra  For all the people wishing to expatriate in the Principality, they have two solutions at their disposal. They can either become an active resident or a passive resident.  Active residence  Active residence is intended for all persons with immigration authorization to carry out a professional […]<\/p>\n","protected":false},"author":1,"featured_media":2918,"parent":2881,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"niveau-2.php","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-2925","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\nCreating a residence in Andorra, conditions and information to know<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mc-expatriation.com\/en\/gestoria\/creation-residence\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Creating a residence in Andorra, conditions and information to know\" \/>\n<meta property=\"og:description\" content=\"The different types of residence in the Principality of Andorra  For all the people wishing to expatriate in the Principality, they have two solutions at their disposal. 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