Investing in Andorra :
Do you want to diversify, secure and develop your assets and your business?
Our team can help you make the best choices.
Property investment in Andorra
A constantly growing market
Andorra’s property market is growing steadily, driven by strong residential and international demand, an attractive tax environment and an exceptional quality of life.
Supply remains limited due to the country’s topography, which naturally supports the value of properties in the medium and long term.
Opportunities for all profiles
Whether you are an investor, expatriate entrepreneur or looking for a second home, Andorra offers a wide variety of properties:
- New or renovated flats in urban or outlying areas,
- Chalets and luxury villas in the mountains,
- Commercial premises or investment properties for professional investors.
New and recent developments offer top-of-the-range services (heating, home automation, design) and meet European energy standards.
Supply remains limited due to the size of the country, which naturally supports the value of properties in the medium and long term.
An attractive rental yield
With strong rental demand, particularly in central areas and for luxury properties, net yields can reach 4-6%, depending on the type of property and its location. There is :
A long-term rental market (residents, expatriate professionals)
A dynamic seasonal market (tourism, winter sports, wellness)
Short-term rentals are governed by a specific tourist licence system, which must be applied for from the local council.
Rental profitability is ensured by demand constantly outstripping supply, due to the fact that new homes are being built more slowly than new residents are arriving.
Particularly favourable tax treatment
Andorra boasts an extremely advantageous tax environment for property investment:
- No property tax
- No wealth tax
- No inheritance or gift tax
- Moderate capital gains tax (degressive according to the length of time the property is held: 15% in the first year, 0% after 12 years).
These factors make property investment more tax-efficient than in France or Spain, while helping to secure your assets over the long term.
An ideal solution for achieving passive residence
Buying property can also be a strategic lever for obtaining Andorran tax residency, particularly through passive residency for investors. To do this, you need to :
- Invest a minimum of €400,000 in Andorran assets (property, bank or company assets)
- Stay in the country for at least 90 days a year
- Deposit a guarantee with the AFA (€50,000 + €10,000 per dependant).
This option allows you to take full advantage of Andorra’s tax framework while increasing the value of a tangible asset.
The supply remains limited due to the topography of the country, which naturally supports the value of property in the medium and long term.
Investing and diversifying your assets
Financial investments and asset management
Thanks to a solid, discreet but transparent banking system, Andorra allows you to manage and grow your assets via :
- Foreign currency investment accounts
- Banking products with secure returns
- Tailor-made portfolios for profiles looking for diversification
The three Andorran banks offer private management and merchant banking services, with a personalised approach and multilingual support.
Crypto-assets and blockchain
Andorra is gradually developing a favourable framework for new financial technologies:
- The Digital Economy Act (2022) provides a framework for the use of crypto-assets and tokens.
- Residents can hold, exchange or declare crypto-assets in complete security.
Although the market is still in the structuring phase, investments in crypto or blockchain infrastructures are now conceivable, with a legal framework that is being consolidated and advantageous taxation ranging from 0 to just 10%.
Banking services in Andorra
Andorra has three banking groups, all of which are solid, modern and compliant with international standards (OECD, IMF, FATCA, CRS). Each offers services tailored to investors and residents.
Andbank
Andbank is one of Andorra’s oldest banking institutions, with a family tradition and a focus on high-end clients. It specialises in private banking and wealth structuring, with a strong capacity to adapt to international profiles.
Thanks to its presence in several jurisdictions around the world, it is able to support its clients in their global investment strategies, while maintaining a high level of discretion and personalisation.
MoraBanc
MoraBanc stands out for its 100% Andorran identity and its strong focus on new technologies. It combines the agility of a local bank with the power of an innovative digital offering, making it the partner of choice for entrepreneurs, expatriates and mobile investors.
Its international expansion, particularly in Spain, the United States and Panama, strengthens its ability to offer flexible, multilingual banking services tailored to the needs of a dynamic customer base.
Crèdit Andorrà
Crèdit Andorrà, the market leader in Andorra, acts as a generalist bank with strong institutional roots.
Through its local network and international subsidiary Creand, it offers a full range of banking solutions, from wealth management to business support.
Its financial solidity and expertise in wealth planning make it a key player for profiles seeking structured management of their capital in a secure environment.
Find us
Plaça Coprínceps, Passatge Bonaventura Móra Munt, 4Bis – AD700 Escaldes-Engordany Entresol 2 (ES)
Email adress
contact@sol-fiscal.com
- + 33 6 19 23 24 75