In accordance with the Decree approving the Regulation of immigration permits of residence without gainful activity of 2012, a foreign national who makes an economic contribution to the country or provides international professional services from Andorra may become an Andorran resident, along with his or her family. Initial permit of residence is granted for a two-year period. Except for nationals of Portugal, Spain, and France, and nationals of countries that have signed and ratified an agreement with the Principality of Andorra, the first renewal is granted for a term of two years, and the second renewal is granted for a duration of three years.
Under this program the principal applicant must accredit the economic viability of the activity he or she intends to carry out and demonstrate that this activity will generate sufficient financial resources to allow both the applicant and dependents to reside in Andorra.
The principal applicant must invest 15,000 EUR in his/her own business and must also deposit the amount of 10,000 EUR for each dependent.
The applicant must make a 50,000-euro cash deposit with the Andorran Institute of Finance. In addition, the owner must deposit the principle amount of 10,000 euros for each dependent acquiring permanent residence status without productive employment. These amounts will be taken from the below-mentioned sum. A financial investment of €400,000: a)property situated in the Principality of Andorra b) Investments in capital or stock in Andorran-based firms. c) financial or debt instruments issued by Andorran-domiciled businesses. d) Debt instruments issued by any Andorran government. e) National Institute of Finance deposits. f) Deposits without interest at the Andorran Financial Authority (AFA).
Make a financial investment of €400,000 in Andorra.
The applicant must have the appropriate authorization for foreign investment to open an Andorran company in which he/she holds a stake of more than 20 percent and has lawfully constituted the reference company.
Deposit the amount of 15,000 euros to the Andorran Financial Authority (AFA), at the moment of submitting the immigration authorization application.
According to the SovSpot Passport Ranking Index, the Andorran passport is now ranked 21st. It allows entrance to 171 countries without requiring a visa. With a very high mobility score, it has become one of the most sought passports in the world. Andorran passport holders have visa-free or visa-on-arrival access to countries such as Brazil, Japan, the United Kingdom, the United States, and the European Union as a whole, allowing them to travel nearly instantly around the world. Andorran passport holders, on the other hand, need a visa to visit 58 countries around the world.
The number of countries Andorra passport holders can enter without a visa (i.e. visa-free countries) is added to the number of countries Andorra passport holders can enter by obtaining a visa on arrival (i.e. visa-on-arrival countries) or an electronic travel authorization (i.e. visa-on-arrival countries) (eTA). There are now 119 visa-free countries for Andorra passport holders, 41 visa-on-arrival countries for Andorra passport holders, and 11 eTA destinations. In total, Andorra passport holders can visit 171 countries without a visa, via a visa on arrival, or using an eTA. As a result, the passport of Andorra is ranked 21st in the world. Apart from the visa-free and visa-on-arrival countries, Andorran passport holders must get a physical visa or an eVisa to visit 58 other countries (i.e. visa required countries).
A new interpretation from the Spanish Ministry of Justice confirms that all people born outside of Spain, children or grandchildren of people who originally had
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