Passive Residency by Investment (Golden Visa)
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Passive Residency by Investment (Golden Visa)

Golden Visa PR PathwayThis visa can lead to permanent residency — the right to live and work here indefinitely without renewing your visa. Dependents Allowed

At a Glance

Processing Time

42-84 days

Application Fee

Free

Stay Duration

2 years

Renewable

Yes

Job Offer

Not Required

Dependents

Allowed

PR Pathway

Available

This visa can lead to permanent residency — the right to live and work here indefinitely without renewing your visa.

Remote Work

Not Required

Overview

Residency for investors without gainful activity. Requires €600,000 investment (or €400,000 in government housing fund) in Andorran assets. Only 90 days annual residency required. Features Europe's lowest income tax at maximum 10%.

Passive residency is Andorra's golden visa program for high-net-worth individuals and investors who do not intend to work in the country. Requires a minimum investment of €600,000 in Andorran assets (real estate, company shares, bonds, or financial instruments) or €400,000 if invested through the government's housing fund. Investors must maintain a 90-day minimum annual residency period.

Annual Visa Allocation

600 visas per year

Quotas are established periodically by government decree and are typically divided between passive and active residency categories.

No lottery system

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Requirements

Financial

Minimum Income

49,545 EUR

per year

Minimum Savings

600,000 EUR

Investment Required

600,000 EUR

Personal

Criminal Record Policy

Clean record required

Documentation

Applicant Documents

Valid passport

At least 6 months validity

Proof of income

Demonstrating 300% of Andorran minimum wage (€1,447.33) plus 100% per dependent

Investment documentation

Proof of €600,000 (or €400,000) available for investment

Proof of accommodation

Real estate property in Andorra or rental contract

Criminal background certificate

With Hague Apostille

Medical certificate

Health examination conducted in Andorra

Private health insurance

Valid coverage in Andorra

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Advantages

  • Only 90 days annual residency required
  • Extremely favorable tax rate (maximum 10% on income)
  • Pathway to permanent residency and citizenship
  • Can include dependents
  • Long-term renewable permits
  • No work restriction

Considerations

  • High minimum investment (€600,000 or €400,000)
  • Requires €47,500 deposit (refundable but tied up)
  • Strict criminal record requirements
  • Income requirement of 300% minimum wage
  • Investment tied up for duration of residency

Application Process

1

Prepare investment

Identify and prepare €600,000 investment (or €400,000 for housing fund)

2

Secure deposit

Place €47,500 deposit with Andorran Financial Authority (plus €9,500 per dependent)

3

Gather documentation

Collect proof of income, health insurance, criminal record certificate

4

Submit application

File with Immigration Department with investment documentation

5

Medical examination

Complete health evaluation in Andorra

6

Investment completion

Finalize €600,000 investment in approved assets

7

Receive residence card

Obtain passive residency authorization

Application Forms

Passive Residency Application

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