AFA Contribution
A contribution of €50,000 to the Andorran Financial Authority (plus €12,000 per dependent), non-refundable since Law 2/2026: it is returned only if the initial permit is refused.
Paid to the Andorran State
Passive Residency · Andorra
Passive residency in Andorra:
Passive residency in Andorra:
invest and reside, without local activity.
Settle in Andorra without working: investors, those living on investment income, active retirees. An investment from 1 M€, a presence of just 90 days, and rare fiscal peace of mind.
Passive residency in Andorra, in brief
- Who it is for: investors, rentiers, retirees, directors of foreign companies — without a local professional activity.
- Investment: €1,000,000 in Andorran assets since Law 2/2026 (property — more than €800,000 per unit —, shares in Andorran companies, Andorran securities and funds for up to 36 months, government bonds, life insurance, deposits with the AFA), or €400,000 in the Housing Fund, to be made within 6 months; on top of this comes a non-refundable €50,000 contribution to the AFA (+€12,000 per dependant).
- Presence: 90 days a year minimum for the permit; tax residency requires more than 183 days or the centre of economic interests.
- 2026 quota: 163 passive residence permits (Decree 74/2026 of 11 March 2026), granted in order of application — the previous quota ran out, plan ahead.
- Taxation: IRPF 0 to 10%, private pensions taxed in Andorra (2013 treaty), no wealth or inheritance tax.
Andorre Gestoria — French-speaking tax and wealth advisory firm, Canillo (RLG CAPITAL, SL). Rules checked on 15 October 2026 against Law 2/2026 and Decree 74/2026 (the former €600,000 threshold is obsolete).
Andorra
Settle without working
Passive residency: the Andorran lifestyle,
Assess my eligibility
Passive residency: the Andorran lifestyle,
without any activity requirement.
Passive residency is designed for those who wish to enjoy Andorra without working there: investors, entrepreneurs post-exit, those living on investment income, active retirees. In return for an investment in the country, you gain an exceptional quality of life and some of Europe's most advantageous tax conditions.
One investment, several routes
€1 M in Andorran assets (property, securities, government bonds) or €400,000 through the Housing Fund.
Just 90 days a year
The minimum presence requirement is 90 days per year, giving you remarkable freedom of movement.
Wealth & peace of mind
No wealth tax, no inheritance tax: your assets can truly breathe.
Investment routes
Requirements for passive residency in Andorra:
Requirements for passive residency in Andorra:
where to place the €1M investment.
Since the 2026 reform, passive residency requires an investment in Andorra. You choose the route; we handle the structuring.
| Investment route | Minimum amount |
|---|---|
| Andorran assets (one or more of the categories below) | 1 000 000 € |
| Real estate located in Andorra | More than €800,000 per property |
| Shares in companies resident in Andorra | Count towards the million |
| Debt or financial instruments of Andorran entities, Andorran investment funds | 36 months at most, then reinvested |
| Andorran public debt, life insurance with Andorran insurers, non-interest-bearing deposits with the AFA | Count towards the million |
| Housing Fund (Fons d’Habitatge) | 400 000 € |
| Article 96 of the Qualified Immigration Law, as amended by Law 2/2026. The investment must be made within 6 months of the application (6 more months in case of force majeure or third-party fault), failing which the permit is cancelled. On top of this come a non-refundable €50,000 contribution to the AFA (+€12,000 per dependant) and income above 300% of the annual minimum wage. | |
What Law 2/2026 changed for passive residency
| Law 5/2025 | Law 2/2026 (since 13 February 2026) | |
|---|---|---|
| Investment in Andorran assets | €600,000 | €1,000,000 |
| Value of each property | More than €600,000 | More than €800,000 |
| Housing Fund | €400,000 | €400,000 (unchanged) |
| Securities and funds of Andorran entities | Not eligible (among securities, only public debt counted) | Eligible for up to 36 months |
| Payment to the AFA | €50,000 deposit (+€12,000 per dependant), credited against the investment and refunded when the permit ends | Final €50,000 contribution (+€12,000), on top of the investment, refunded only if the initial permit is refused |
| Applications filed before 22 January 2026 remain under the former regime (second transitional provision of Law 2/2026). | ||
Additional requirements
AFA contribution, 90 days of presence, insurance: what this means, in practice.
Beyond the investment, three further elements complete the application. We bring them all together with you.
Sufficient income
You must show annual income above 300% of the annual minimum wage, plus 100% per dependant: more than €56,472 a year for a single person since 1 July 2026 (minimum wage of €1,568.67 a month). Pensions, investment income and business revenues are accepted.
Proven financial standingInsurance & housing
Insurance covering sickness, disability and old age, valid in Andorra for the whole duration of the permit (sickness cover alone suffices for minors and people over 60): passive residents have no access to CASS on arrival. And a home, owned or rented, or a purchase under way to be completed within a year.
Coverage & domicile
90 days to hold residency, 183 for tax residency.
The passive resident card requires 90 days per year. To become a tax resident of Andorra, the 183 day threshold and the location of your centre of interests are what matter. We calibrate your move for a solid, unassailable residency.
2026 quota: 163 places for passive residency
The number of permits is capped. Decree 74/2026 of 11 March 2026 (BOPA of 13 March) opens 200 residence-without-work permits: 163 for passive residency, 10 for internationally active professionals, 17 for scientific, cultural or sporting interest and 10 for admission to private care homes or treatment centres. If one category runs out, a permit can still be granted as long as the overall 200 has not been reached.
Applications are processed in strict order of filing, with priority for nationals of states bound to Andorra by a signed and ratified agreement, then for EU and EEA nationals. The previous quota — 600 permits opened in March 2023, 490 of them for passive residency — ran out: according to the daily Bondia (12 March 2026), around sixty applications were then refused. Hence our advice: file a complete application without delay.
The initial permit is valid for 2 years; it is then renewed for 2 years, then 3, then 10 (2, 3 then 10 years for nationals of treaty states), provided the conditions under which it was granted are maintained. Processing takes 2 months in principle; once the permit is granted, registration with the comú must take place within 3 months.
Passive resident, not idle: what the law allows.
A passive resident may not carry out any employed or professional activity in Andorra. They may, however, manage their own assets and act, unpaid, as director of companies in which they hold at least 50% (Article 95 of the Qualified Immigration Law). Planning to keep working, even remotely? Look instead at active residency or digital nomad status.
Our process
Obtaining passive residency in Andorra:
Obtaining passive residency in Andorra:
from eligibility to resident card, in 6 steps.
You provide a few documents; your dedicated French-speaking adviser manages the investment, AFA and Immigration.
Eligibility & strategy
We assess your profile, your income, and the most suitable investment route.
File preparation
Passport, criminal record certificate, proof of income and source of funds, health insurance.
Investment
We structure your investment: €1 M in Andorran assets (more than €800,000 per property) or €400,000 through the Housing Fund, to be made within 6 months of the application.
AFA contribution & application
Non-refundable contribution of €50,000 to the AFA and submission of the application, in person and by appointment, to the Immigration Service — within the quota.
Review & authorisation
We monitor processing (2 months in principle) through to the immigration permit, valid for 2 years.
Resident card & settlement
Registration with the comú within 3 months, resident card and full support for your move (accommodation, banking, lifestyle).
Frequently asked questions
Passive residency: your questions answered.
What investment is required for passive residency in 2026?
€1,000,000 in Andorran assets, or €400,000 through the Housing Fund. A non-refundable €50,000 contribution to the AFA is also required (plus €12,000 per dependant).
How many days must you spend in Andorra?
Passive residency requires only 90 days per year. To become a tax resident, you should aim for 183 days and establish your centre of interests there.
What income must you demonstrate?
Annual income above 300% of the annual minimum wage, plus 100% per dependant: more than €56,472 a year for a single person since 1 July 2026. Pensions, investment income and business revenues are all accepted. We verify your eligibility in advance.
Does passive residency give access to CASS?
Not on arrival: without employment, you do not contribute to the Andorran social security system. Insurance covering sickness, disability and old age, valid in Andorra, is required to obtain and renew the permit — we guide you to the right solutions.
Can you invest in real estate to obtain residency?
Yes: real estate counts towards the required one million euros, provided each property acquired exceeds €800,000. There is no reduced €800,000 tier for real estate. Discover how to invest in Andorran real estate.
How many passive residence permits are granted in 2026?
163, within a quota of 200 residence-without-work permits set by Decree 74/2026 of 11 March 2026. Applications are processed in order of filing; as the previous quota ran out, it is wise to file a complete application without delay.
How long is a passive residence permit valid?
2 years for the initial permit, then renewals of 2, 3 and 10 years (2, 3 then 10 years for nationals of states with an agreement with Andorra), provided the investment, income and 90-day annual presence are maintained.
Can you run your company as a passive resident?
To some extent: a passive resident may manage their assets and act, unpaid, as director of companies in which they hold at least 50%. Any employed or professional activity in Andorra remains prohibited: to work, you need active residency.
Within what time must the investment be made?
Within 6 months of the application, extendable by 6 months in case of force majeure or third-party fault. Without proof of the investment, the permit is cancelled.
Planning to work in Andorra? See active residency. For the full picture, explore tax residency and discover life in Andorra.
