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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.

10 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. Solicito información: somos dos jubilados argentinos que nos gustaría emigrar a ese bendito lugar de España.Mi esposo tiene doble nacionalidad argentino-española ya que sus padres nacieron en Pontevedra Galicia, y tenemos cada uno propiedades en Argentina , en este momento se nos hace difícil venderlas ,entre los dos cobramos en euros alrededor de 3.000 +30.00 dólares en efectivo.Su familia vive en allí.Habría posibilidad de emigrar y cuales serían los trámites a cumplimentar..Saludo a uds.muy atte.

    Reply
    • Hola Alicia, muchas gracias por comentar.

      Desafortunadamente es imposible, para jubilados y retirados (y, en general, gente de más de 65 años), la inversión de 400.000€ es imprescindible ya que la única forma que tienen de vivir en Andorra es mediante la residencia pasiva (no pueden ejercer actividad económica).

      ¡Un saludo y que vaya todo bien!

      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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