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Retirement in Andorra, benefits and retirement

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The retirement in Andorra has many advantages compared to other countries. And it is that in addition to the profiles on digital businesses, also those of individuals or groups of individuals with great wealth who want to retire and not do business are the most common profiles of new residents in the Principality. One of them is the retired or retired person, people who after having completed their professional stage, they seek peace, tranquility and good non-confiscatory taxation.

A retired senior citizen profile can obtain the residence permit in Andorra through the authorization of non-profit residence. This residence permit does not grant the right to work in Andorra, but it does grant the right to fiscally reside in the country. Therefore, unlike active residences, it does not require a contribution to the Andorran Social Security Fund (CASS), although it requires that people who come to reside have the appropriate private health coverage. Further, is compatible with the perception of the retirement pension of the country of origin.

Tax advantages of retirement in Andorra

The main tax advantages the ones that retirees enjoy when residing in Andorra are:

  • (i) The non-requirement of wealth tax.
  • (ii) The non-existence of inheritance and gift tax.
  • (iii) The low tax on the returns that can be obtained from your assets (maximum rate of 10%, in some cases total exemption, depending on the type of return).

In other words, the main tax advantages are built on the pillars of the tax planning and the option economy. Thus, each profile presents a different heritage, and therefore, tax advice with international tax experts is essential prior to transfer. Sometimes it may not be interesting to reside in Andorra, at other times it can be extremely lucrative with significant tax savings. Always depending on the patrimonial structure, the type of assets held and the legal category of the income to be received.  

Also the estate succession must be planned seriously and with a good advisory and consultancy service. Again, the type of assets will mark the tax savings, as well as the participation in the planning scheme of the heirs and legatees. In addition to the type of assets and their location, tax residence is, in retirement cases, a determining factor. 

The best healthcare system in the world

For a smooth and easy retirement, one of the essential points is health. Upon reaching the third age, health problems become more frequent and severe and it is very important to take proper care of them in order to maintain a happy and active lifestyle. Have the guarantee of being able to access quality, safe and unsaturated healthcare is a relief for a retiree.

Just like we explain in the article dedicated to it, Andorra can boast of having a tremendously competent and solid health system, declared as the best in the world according to many rankings and important scientific magazines.

Physical security and tranquility

Tranquility and peace, retirement in Andorra

The null crime has always been a very remarkable and envied feature of Andorra. With a almost null crime and criminalityThe few crime cases are usually easy news. Its location and orography, embedded in the middle of the Pyrenees, also contribute to this issue. And what more tranquility than living in a mountainous area where more than 90% of the extension is forest territory.

Example of peace and neutrality

In addition to the null crime, the leafy history of political neutrality in Andorra it is also a more than relevant factor for a retiree when deciding on this country for retirement. And is that the Principality has been in political neutrality for more than seven centuries, in spite of the numerous world-wide, European and particular warlike conflicts of the neighboring countries, especially France and Spain. This was stated by Xavier Espot, the current Prime Minister, at last year's Peace Forum.

Neither the succession wars, nor the Napoleonic wars, nor the various coups d'état, not even the Second World War was able to shake the balance of Andorran pacifism. A clear example of flight from full-blown war and political conflict.


At Andorra Insiders we have, among others, the best tax advisers in the Principality of Andorra, absolute experts in tax planning and with extensive experience in this area. If the Principality is considered as an option for your retirement, do it in the hands of the best experts and carry out a safe and lasting planning, both for retirement and for subsequent succession. In addition, we offer comprehensive support, accompanying you from the first moment until your effective transfer, guiding and advising you on the services and activities that the country offers. Contact us here and tell us your caseWe will personalize our services carefully.

18 thoughts on “Jubilación en Andorra, ventajas y retiro”

    • Hello José Luis, the legal requirements depend specifically on the type of residence permit you are applying for and the way to do it. If you are retired, write us to the mail contact@andorrainsiders.com Telling us a little about your case and we will respond with the best option for you. Thank you very much for your comment and greetings!

      Reply
    • Hello Alfonso, because the main requirement is to have € 400,000 available to invest in Andorran assets (real estate, shares of Andorran companies, public debt of the Government of Andorra, etc). If you meet it, you can contact us at contact@andorrainsiders.com and we can analyze your case to obtain passive residence in Andorra and settle in that way. In any case, thank you very much for your comment.

      Reply
  1. Hello, in the passive residence, you can have properties in Barcelona, or you have to get rid of everything in your name due to the problem of the Spanish property, that they do not accuse you that you do not live in Andorra and therefore they apply taxation even if you are residing 186 days in Andorra.
    As it is not a tax haven, it is not necessary to pay taxes in both countries for 4 + 1 years ... I guess?

    Reply
    • Hi Juan, thanks for commenting.

      As for the possibility of owning properties in Barcelona, of course you can. But you have to be strict about complying with the requirements to be residents and tax residents in Andorra if you do not want to have problems with the Spanish Treasury, which, by owning properties in Spain, has an anchor to rely on.

      Regarding whether you have to pay taxes for 4 + 1 years in Spain or not, since Andorra is not a tax haven, it is not necessary. Simply the year that one moves one can be a tax resident in the country.

      Receive a cordial greeting.

      Reply
  2. Hi. I understand from the answer that Alfonso has given that if my husband and I do not have € 400,000, we have no possibility of retiring in Andorra? So show that we have the resources.

    Reply
  3. I request information: we are two Argentine retirees who would like to emigrate to that blessed place in Spain. My husband has dual Argentine-Spanish nationality since his parents were born in Pontevedra Galicia, and we each have properties in Argentina, at this time it is difficult for us sell them, between the two of us we charge in euros around 3,000 +30.00 dollars in cash. Your family lives there. There would be the possibility of emigrating and what would be the procedures to complete .. Greetings to you. Very atte.

    Reply
    • Hello Alicia, thank you very much for commenting.

      Unfortunately it is impossible, for retirees and retirees (and, in general, people over 65 years of age), the € 400,000 investment is essential since the only way they have to live in Andorra is through passive residence (they cannot exercise activity economic).

      Greetings and everything goes well!

      Reply
  4. Buenas tardes
    I have contributed 14 years in Andorra. Can I opt for a monthly retirement pension? I currently reside in Spain and have never contributed here

    Reply
    • Hi Faty, thank you very much for commenting.

      Well, without seeing your case in greater depth and in principle, given that the minimum contribution time to receive a retirement pension in Andorra is 15 years, you would not be able to access the pension. However, as I said, you should hire a more in-depth consultancy to analyze whether, according to your circumstances and based on the social security agreement between Spain and Andorra, you can receive it.

      Reply
  5. Bonjour, mon épouse et moi sommes citoyens français et nous commençons a réfléchir ou il serait le mieux pour nous prendre notre retraite, et also pour sauver the most possible of notre capital pour nos enfants, et nous souhaiterions, peut-être, et si cela It is possible to rapport us to become a fiscal resident to the retreat in Andorra by the end of 2022.
    mon épouse prendra sa retraite au lendemain de ces 62 ans et moi j'aurais 68 ans a ce moment la.
    pouvez-vous nous dire nos obligations to become resident to the retreat.
    Nous aurons juste a peu plus of 3000 euro for mois, est-ce assez?, Et nous avons a peu of capital in plus, est-ce obliger d'y vivre 183 jours?, Est-ce that l'investissement of 400000 euros rapporte quelque chose annuellement? ou est-ce juste joins a lot of caution for the Andorran authorities who are rapport rien annuellement.
    Combien couterai une complementaire maladie annuellement pour nous?
    A notre retraite nous ne garderons que des parts dans des SCI en France que passera t'il pour cela, pour nous ceci is a complement to notre retraite ou serons nous obliger de nous en separer, comment sera t'elle impose?, Est -What nous pourrons les garder?, mon épouse possesses a maison dans l'ile de la Gran Canaris in Spain or nous voulons and passer au moins 180 days of the moments froid d'Andorre. nous sommes venus découvrir Andorre il ya quelques années. Merci pour toutes vos réponses

    Reply
    • Bonjour, merci beaucoup pour vos commentaires. At the time of your return, I will say that you will be able to reply to all the questions in a comment, and encore the questions that are specific to you, that you are familiar with.

      If you souhaitez, you pouvez nous contacter à contact@andorrainsiders.com et nous pouvons étudier votre cas et votre budget pour les services dont vous avez besoin pour vous implanter dans le pays.

      Reply
  6. Je suis française more je reçois des grosses pensions de retraite allemande s. If you are a resident of Andorra, will you be taxed at 10 pour cent sur ces pensions?
    Dois je acheter an immobilier asset of 400,000 euros?
    Pour cette somme quel est la grandeur d an appartement?
    Merci from me I will reply

    Reply
    • Bonjour, merci beaucoup pour vos commentaires. Answer your questions:

      1) The tax treaty of votre prestation of German portrait in Andorre doit être approfondi, car il will be donned for the bilateral relations and the accords between the Allemagne and Andorre sur la double imposition.
      2) Oui, you must once acquire the Andorran assets of a value of money € 350,000 and deposit € 50,000 from the Andorran financial authority, qui fait office de garantie.
      3) Cela depends on beaucoup de choses, mais pour ce prix, you can obtain des maisons from 100 to 200 meters carrés assez intéressantes comme des penthouses, des rez-de-chaussée, etc.

      Reply
  7. Buenas tardes.
    A slightly specific question regarding the collection of dividends. UCITS ETFs that are traded in Europe, some of them pay dividends. Among the countries of the European Union, these dividends, unlike the dividends of listed shares, do not have withholding tax and are taxed only in the country of residence. My question is whether with tax residence in Andorra I would be withheld according to the country of domiciliation of the ETF or not. And if I choose an ETF domiciled in Luxembourg, with whom does Andorra have double taxation agreements, would in this case have withholding tax?
    Thank you very much for your attention.

    Reply
    • Hi Luis, thank you very much for commenting.

      I am afraid we cannot specify the tax treatment of all financial products around the world. Your case would require an office consultation. You can contact us and we will detail how to proceed.

      Reply

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Retired or retired executive in Andorra in 2020

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Andorra Insiders is a professional legal, tax and accounting services platform, specialized in creating companies and establishing people in the Principality. 

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