{"id":1007,"date":"2020-03-13T02:18:08","date_gmt":"2020-03-13T01:18:08","guid":{"rendered":"https:\/\/andorrainsiders.com\/?p=1007"},"modified":"2026-06-16T19:58:57","modified_gmt":"2026-06-16T17:58:57","slug":"andorra-paraiso-fiscal-secreto-bancario","status":"publish","type":"post","link":"https:\/\/andorrainsiders.com\/en\/andorra-tax-haven-banking-secret\/","title":{"rendered":"Andorra is not a tax haven"},"content":{"rendered":"<p class=\"ultima-actualizacion\"><em>\u00daltima actualizaci\u00f3n: junio de 2026<\/em><\/p>\n\n\n\n<p>In this article we will address the history of why Andorra is not a tax haven: its process of <strong>more than 10 years of international economic and legal opening<\/strong>, its modernization and its determined commitment to attract innovation and foreign capital. And it is that although the <a href=\"https:\/\/andorrainsiders.com\/en\/youtubers-streamers-influencers-andorra\/\" type=\"post\" id=\"1719\">youtubers<\/a> move to the country for their <a href=\"https:\/\/andorrainsiders.com\/en\/andorra-vs-spain-taxes-comparison\/\" data-type=\"post\" data-id=\"3130\">low taxes compared to Spain<\/a>, the Principality is no longer, unlike a few years ago.<\/p>\n\n\n\n<div class=\"wp-block-group datos-clave\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<h4 class=\"wp-block-heading\">Key data (2025\u20132026)<\/h4>\n<ul class=\"wp-block-list\">\n<li><strong>Maximum ISI rate (Andorran personal income tax):<\/strong> 10% \u2014 regulated, transparent and with active CDIs<\/li>\n<li><strong>Automatic CRS exchange:<\/strong> active in over 100 countries since 2018<\/li>\n<li><strong>OECD\/FATF white list:<\/strong> Andorra on the list of cooperative jurisdictions since 2022<\/li>\n<li><strong>CDIs signed:<\/strong> more than 12 double taxation agreements with OECD countries<\/li>\n<\/ul>\n<p><em>Source: Tributs d&#039;Andorra \/ OECD \/ AFA<\/em><\/p>\n<\/div><\/div>\n\n\n\t\t<div data-elementor-type=\"section\" data-elementor-id=\"1133\" class=\"elementor elementor-1133\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d218999 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d218999\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-16 elementor-top-column elementor-element elementor-element-b7079ae\" data-id=\"b7079ae\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-66 elementor-top-column elementor-element elementor-element-f4cc03e\" data-id=\"f4cc03e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-16 elementor-top-column elementor-element elementor-element-af3f863\" data-id=\"af3f863\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\n\n\n\n<h2 class=\"wp-block-heading\">Andorra as a tax haven<\/h2>\n\n\n\n<p><strong>To understand why Andorra stopped being a tax haven, you have to know <a href=\"https:\/\/andorrainsiders.com\/en\/brief-history-of-andorras-independence\/\" data-type=\"post\" data-id=\"1496\">a little of you history<\/a><\/strong>. The truth is that this country has been feudal or quasi-feudal until practically nothing, and it was based on traditional laws. However, since the latter part of the 20th century, the Principality has been a fairly prominent country in the world despite its status. For example, in the hippie years of the 1960s, in the midst of the Cold War&#039;s military and atomic escalation, the United States praised the long tradition of&nbsp;<strong>peace, neutrality and demilitarization<\/strong>&nbsp;of the Pyrenean Principality.<\/p>\n\n\n\n<p>The reason was that Andorra spent a year <a href=\"https:\/\/www.lavanguardia.com\/economia\/20170223\/42242728096\/andorra-seguridad-ciudadana.html\" target=\"_blank\" rel=\"noopener\">4 dollars and 90 cents in weapons<\/a> and, unlike other major countries, it was a safe country. At that time, the country was indeed a tax haven for Spain and France, and it survived from the financial services that it provided as a refuge for capital coming from abroad and from the smuggling of products without direct taxes applied, especially tobacco.<\/p>\n\n\n\n<p>In this decade, in addition, Andorrans experienced a <strong>huge increase in your quality of life<\/strong> thanks to trade (favored by its status as a tax haven and smuggling) and tourism began to develop with the first sports facilities for skiing. The need for labor produced by economic success caused a strong immigration from Spain and, to a lesser extent, from Portugal, which would end up outnumbering the national population.<\/p>\n\n\n\n<p>However, it was not until <strong>1993 when Andorra was a democratic and non-feudal regime<\/strong>. In that year, the first written Constitution in its history was approved in a referendum, which created a modern parliamentary government system and on July 28 of that same year, Andorra became a full member of the United Nations Organization. <\/p>\n\n\n\n<p>Despite Andorra&#039;s non-stop economic and demographic expansion (of non-national population) since the 1960s, Andorra has always maintained a special restriction on nationality as well as a <strong>latent discrimination against non-nationals<\/strong>. These limitations on the basic rights of Andorran residents were criticized for their discriminatory nature and anachronism and constituted the greatest obstacle to the internal stability and social welfare of the country.<\/p>\n\n\n\n<p>Residents were only denied the right to vote and political participation. They were also restricted from participating in the&nbsp;<a href=\"https:\/\/es.wikipedia.org\/wiki\/Sindicato\" target=\"_blank\" rel=\"noopener\">unions<\/a>, and they could not be presidents of a private company or have more than 33% of the share capital of a company. It is a fact that it could afford it, since the status of a tax haven with a flourishing economy and commercial and smuggling traffic and the recent tourism established <strong>was more than enough to attract foreign residents<\/strong>.<\/p>\n\n\n\n<p>Therefore, yes, at that time until the beginning of the 21st century, Andorra was nourished by the refuge of opaque and illicit capital and the smuggling of products such as tobacco, and was ignored by practically the entire international community.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">A little tap<\/h3>\n\n\n\n<p>This paradise located between France and Spain, however, was not perfect. With a concentrated economy, protectionist and highly influenced by its neighboring countries, <strong>Andorra suffered the world economic crisis and the Spanish in particular<\/strong>. They had their bubble and subsequent puncture in the real estate market and all economic sectors were hit more or less harshly, although their three most important horses, the financial sector, commerce and tourism endured.<\/p>\n\n\n\n<p>The fact is that they had understood for years in the Principality that <strong>had take action<\/strong> and that being an opaque tax haven was perhaps counterproductive, and they embarked on a reform path to usher in a new and more prosperous era. Andorra would never be the same again and its changes continue to develop even today, advancing in the <strong>economic diversification<\/strong> and opening its doors to this increasingly globalized world.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"640\" height=\"360\" src=\"https:\/\/andorrainsiders.com\/wp-content\/uploads\/2020\/03\/new-way.jpg\" alt=\"Why is Andorra no longer a tax haven? change or transformation.\" class=\"wp-image-5638\" srcset=\"https:\/\/andorrainsiders.com\/wp-content\/uploads\/2020\/03\/new-way.jpg 640w, https:\/\/andorrainsiders.com\/wp-content\/uploads\/2020\/03\/new-way-300x169.jpg 300w, https:\/\/andorrainsiders.com\/wp-content\/uploads\/2020\/03\/new-way-18x10.jpg 18w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\">Andorra ceases to be a tax haven<\/h2>\n\n\n\n<p>The first measure adopted in this regard was the tax information exchange agreement with Spain, signed in 2010. The agreement allowed them at the end of the year <strong>exit the list of tax havens in Spain<\/strong>. That year the taxes on income from economic activities (IAE), on income from non-tax residents (IRNR) and on companies (IS) are also approved. Andorra learned for the first time what the <a href=\"https:\/\/andorrainsiders.com\/en\/impuestos-tasas-tributos\/\" data-type=\"page\" data-id=\"2127\">taxes<\/a> really. <\/p>\n\n\n\n<p>The following year Andorra closed an agreement by which since 2011 it is <strong>off the OECD blacklist of tax havens<\/strong> and since 2012 on the gray list, partly forced by the circumstances of the world crisis and signed the Monetary Agreement with the European Union to establish the <strong>euro as official currency <\/strong>in the country of the Pyrenees and thus approach positions.<\/p>\n\n\n\n<p>In 2012, a single advance was made in this regard, but perhaps the most powerful of all, especially in terms of economic openness. Andorra enacts one <strong>new Foreign Investment law to attract foreign investment<\/strong> and diversify its economy. This measure greatly liberalizes the <a href=\"https:\/\/andorrainsiders.com\/en\/invest-in-andorra\/\" data-type=\"post\" data-id=\"878\">investment<\/a> non-nationals in the country, greatly limiting the historical discrimination they had suffered.<\/p>\n\n\n\n<p>With this reform, the limitation to companies with more than 50% of foreign capital is lifted, thus ending the typically Andorran figure of \u201cprestanoms\u201d, which is how the figureheads with whom the restriction on foreign investment had been avoided for years were known. Also, it <strong>liberalized the exercise of liberal professionals for non-nationals<\/strong>. In this way many people begin to <a href=\"https:\/\/andorrainsiders.com\/en\/mudarse-a-andorra-beneficios\/\" data-type=\"page\" data-id=\"531\">moving to Andorra<\/a> through one of the <a href=\"https:\/\/andorrainsiders.com\/en\/residency-immigration-living\/\" data-type=\"page\" data-id=\"2621\">Andorran residence permits<\/a>.<\/p>\n\n\n\n<p>Since then anyone can <a href=\"https:\/\/andorrainsiders.com\/en\/open-and-set-up-a-business-in-andorra\/\" data-type=\"page\" data-id=\"2445\">create a company in the Principality<\/a> with foreign capital 100% and <a href=\"https:\/\/andorrainsiders.com\/en\/living-in-andorra-5-ways\/\" data-type=\"page\" data-id=\"3608\">live in the country<\/a> as an entrepreneur.<\/p>\n\n\n\n<p>Following the time line, during 2013 and 2014 Andorra took <strong>a series of decisions towards its homologation with Europe<\/strong>. In January 2013, the first <a href=\"https:\/\/andorrainsiders.com\/en\/impuesto-general-indirecto-iva-andorra\/\" data-type=\"post\" data-id=\"2013\">&quot;VAT&quot; of Andorra, the IGI (general indirect tax)<\/a>. Then in October it agrees to establish tax measures equivalent to those of the EU, and in November it signs a mutual assistance agreement on tax matters with the OECD. Finally, in April 2014, the Personal Income Tax was approved.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The case of the BPA (Banca Privada d&#039;Andorra)<\/h2>\n\n\n\n<p>Everything was following its course for 2015, and the Principality signed in January with Spain a non-double taxation agreement. The problem was when in March of that year, the Anti-fraud department (Fine) of the <strong>United States Treasury accused the <a class=\"rank-math-link rank-math-link\" href=\"https:\/\/es.wikipedia.org\/wiki\/Banca_Privada_d%27Andorra\" target=\"_blank\" rel=\"noopener\">Private Bank of Andorra<\/a><\/strong><a class=\"rank-math-link rank-math-link\" href=\"https:\/\/es.wikipedia.org\/wiki\/Banca_Privada_d%27Andorra\" target=\"_blank\" rel=\"noopener\"> (BPA)<\/a>, one of the largest banks in the country and with 100% Andorran capital, of <strong>money laundering<\/strong>, which tarnished the image of Andorra that sought not to be considered a tax haven.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"640\" height=\"360\" src=\"https:\/\/andorrainsiders.com\/wp-content\/uploads\/2022\/03\/banca-privada-andorra.jpg\" alt=\"Private banking, bank secrecy in Andorra\" class=\"wp-image-5641\" srcset=\"https:\/\/andorrainsiders.com\/wp-content\/uploads\/2022\/03\/banca-privada-andorra.jpg 640w, https:\/\/andorrainsiders.com\/wp-content\/uploads\/2022\/03\/banca-privada-andorra-300x169.jpg 300w, https:\/\/andorrainsiders.com\/wp-content\/uploads\/2022\/03\/banca-privada-andorra-18x10.jpg 18w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/figure>\n<\/div>\n\n\n<p>The threat of the United States to cut all financial relations with the bank made that neither correspondents nor other entities wanted to relate to it anymore. <a href=\"https:\/\/elpais.com\/economia\/2015\/03\/10\/actualidad\/1426004884_146211.html\" class=\"rank-math-link\" target=\"_blank\" rel=\"noopener\">When, within a few hours, his operations collapsed, he was intervened<\/a>. As the Andorran government leaders said, <strong>BPA died that day, and almost took the entire Andorran financial sector with it<\/strong>, which at that time represented 24% of GDP (now it is less).<\/p>\n\n\n\n<p>Behind this, <strong>the Andorran Government transferred the case to the Prosecutors Office and the Andorran Finance Institute (INAF), which closed the BPA<\/strong>and proceeded to transfer its healthy assets to another bank. This bank, Vall Banc, went to auction and was acquired by a US fund. Subsequently, in June 2022, Vall Banc was absorbed by <strong>Cr\u00e8dit Andorr\u00e0 (Creand)<\/strong>This completed the consolidation of the Andorran financial sector. Furthermore, Andorra anticipated the adoption of European regulations on the resolution of financial institutions and commissioned an audit from PwC to identify and remove potentially problematic clients.<\/p>\n\n\n\n<p>We will not go into more detail on this case, but the point is that <a href=\"https:\/\/elpais.com\/economia\/2016\/02\/19\/actualidad\/1455909130_013457.html\" class=\"rank-math-link\" target=\"_blank\" rel=\"noopener\">although the resolutions were forceful and Fine ended withdrawing his accusation<\/a>,<strong> andorra image ended up severely damaged<\/strong>, and even more after the rumors and prejudices of smuggling. In the words of the Foreign Minister of yesteryear: \u201cIn Andorra, we are not going to deceive ourselves, we have an image problem. Either they don't know us, or unfortunately they know us from the past. \u201d<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">An image problem<\/h3>\n\n\n\n<p>This, of course, had its good part and its bad part. Because how to solve an image, opacity and corruption problem after applying the appropriate measures? With <strong>a policy of transparency, surveillance and integration in the European environment<\/strong>. Let's say Andorra was struggling to remove that annoying tax haven label but it was not going well.<\/p>\n\n\n\n<p>Furthermore, it was not only a financing problem as Andorran banks lost credibility, because it <strong>reduced the results of opening up to foreign investment<\/strong> as the banks became very strict, slow and cautious when it came to opening bank accounts to companies.<\/p>\n\n\n\n<p>And being a country that has balanced public finances, debt at reasonable levels, which deserves recognition from rating agencies after years of crisis, and after the effort in tax matters with double taxation agreements with France or Spain they were <strong>still, socially stained<\/strong>. This <strong>brutally accelerated a reform process that<\/strong> the country needed to fit into today world.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">End of banking secrecy in Andorra<\/h2>\n\n\n\n<p>So, in the legislature they got down to work. In November of that same year, Andorra signed with the <strong>EU the agreement for the automatic exchange of tax information<\/strong> it had previously drawn up with its neighboring countries, and in 2016 the non-double taxation agreement with Spain entered into force.<\/p>\n\n\n\n<p>After closing the BPA case with the sale of its assets to a US fund, Andorra <strong>completely eliminated bank secrecy in January 2017<\/strong>Since then, banks have been required to collect information on all their customers, which they must share with Spain and the other countries with which they have agreements. Following the 2022 mergers (MoraBanc absorbed BancSabadell d&#039;Andorra in November, and Creand absorbed Vallbanc in June), the sector has consolidated in <strong>3 main banking groups<\/strong>MoraBanc, Creand and Andbank.<\/p>\n\n\n\n<p>Negotiations then began for an association agreement with the EU \u2014 <strong>negotiations that concluded in December 2023<\/strong>\u2014 with formal signing planned for June 2026 and a referendum in Andorra in the second half of 2026 \u2014, accession to the <a href=\"https:\/\/andorrainsiders.com\/en\/andorra-joins-the-imf-as-its-190th-member\/\" data-type=\"post\" data-id=\"3744\">International Monetary Fund (IMF)<\/a> in October 2020, <strong>the fiscal crime was typified for the first time<\/strong>. Also, a new money laundering and terrorist financing law and a new insurance law were enacted, among other tax and financial regulations.<\/p>\n\n\n\n<p>These measures generated their results in 2018, when after reforms in the Corporate Tax law to modify and eliminate some bonuses, the ministers of economy and finance of the European Union (Eco fin) agreed that&nbsp;<a href=\"https:\/\/elpais.com\/economia\/2018\/12\/05\/actualidad\/1544035685_784039.html\" class=\"rank-math-link\" target=\"_blank\" rel=\"noopener\"><strong>Andorra definitively leave the gray list of tax havens<\/strong><\/a>, considering that the country has a cooperative jurisdiction in tax matters.<\/p>\n\n\n\n<p>In that same year, it was written <strong>a labor and union reform<\/strong> in depth, lengthening maternity leave, reducing severance pay and regulating the right to strike.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Conclusion and results<\/h2>\n\n\n\n<p>The results of the reforms are being quite positive, which drives new measures in this direction. A <strong>constantly growing population and GDP<\/strong>with more than 12,000 registered active companies, a modern banking system consolidated into 3 groups and sound public accounts (rating <strong>TO-<\/strong> from S&amp;P and Fitch, reaffirmed in 2025) are added to <a class=\"rank-math-link\" href=\"https:\/\/andorrainsiders.com\/en\/healthcare-in-andorra\/\">very good health system<\/a>, <a class=\"rank-math-link\" href=\"https:\/\/andorrainsiders.com\/en\/impuestos-tasas-tributos\/\">very attractive fiscal framework<\/a> o <a href=\"https:\/\/andorrainsiders.com\/en\/environment-and-sustainability\/\" data-type=\"post\" data-id=\"894\">draft environmental reforms<\/a> to make the Principality a new country.<\/p>\n\n\n\n<p>Andorra has been trying to modernize and adapt to this connected, changing and globalized world for more than a decade. With its pluses and minuses, <strong>has managed to carry out a series of reforms that have completely changed the country<\/strong>. They are right now in that strange adaptation phase, having a hard time getting used to exposing themselves to the world after so long in protectionist obscurantism and isolationism.<\/p>\n\n\n\n<p>If they achieve their objective, and it is a fact that they are gradually achieving it, they can become a society fully open to foreigners (with freedom of movement of capital, people and goods), internationally approved, respected and valued, and with a tax and legal framework of the most attractive in the world. <strong>An explosive combination for success and prosperity<\/strong>.<\/p>\n\n\n\n<p>The country implemented the <a href=\"https:\/\/andorrainsiders.com\/en\/covid-19-crisis-horizon-23-plan\/\" data-type=\"post\" data-id=\"4058\">Plan Horizon 23<\/a>, now completed, which included milestones such as the inauguration of <a href=\"https:\/\/andorrainsiders.com\/en\/andorra-immunology-research-center\/\" data-type=\"post\" data-id=\"4123\">Grifols immunology research center<\/a>an ambitious <a href=\"https:\/\/andorrainsiders.com\/en\/digitalization-in-andorra-less-bureaucracy\/\" data-type=\"post\" data-id=\"4684\">administration digitization process<\/a> and the consolidation of <a href=\"https:\/\/andorrainsiders.com\/en\/flights-from-madrid-to-andorra-available\/\" data-type=\"post\" data-id=\"4448\">La Seu d&#039;Urgell airport<\/a> with new international routes. <strong>The transformation is now virtually complete<\/strong>Andorra is a member of the IMF, has 22 CDIs in force, an A- rating and an association agreement with the EU pending ratification in 2026.<\/p>\n\n\n\n<p>At Abast we believe that now is a splendid time to bet or invest in Andorra, that is why we are here, firm. Now it is your turn to make that decision. If you decide affirmatively, <strong>we will be happy to help you in all aspects regarding your establishment in the country<\/strong>. <a class=\"rank-math-link\" href=\"https:\/\/andorrainsiders.com\/en\/contact-email-location\/\">You can contact us and tell us about your case by clicking here<\/a>. You will receive detailed information on what we can offer you, customizing it to your situation.<\/p>\n\n\n\n<div class=\"wp-block-group fuentes-autoridad\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n\n<h3 class=\"wp-block-heading\">Official sources<\/h3>\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.impost.ad\/ca\/tributs\/impost-sobre-la-renda-de-les-persones-fisiques\" target=\"_blank\" rel=\"noopener noreferrer\">IRPF andorr\u00e0 \u2014 fiscalitat per a residents<\/a> \u2014 Department of Taxes and Borders<\/li><li><a href=\"https:\/\/www.oecd.org\/tax\/transparency\/\" target=\"_blank\" rel=\"noopener noreferrer\">Global Forum on Transparency and Exchange of Information \u2014 OECD<\/a> \u2014 OECD<\/li><li><a href=\"https:\/\/www.impost.ad\/ca\/tributs\/convenis-de-doble-imposicio\" target=\"_blank\" rel=\"noopener noreferrer\">Double taxation agreements and exchange of information<\/a> \u2014 Department of Taxes and Borders<\/li><li><a href=\"https:\/\/www.boe.es\/buscar\/act.php?id=BOE-A-2010-9482\" target=\"_blank\" rel=\"noopener noreferrer\">Royal Decree removing Andorra from the list of tax havens<\/a> \u2014 Official State Gazette of Spain<\/li><\/ul>\n\n<\/div><\/div>\n\n\n\n\n\n<div class=\"wp-block-group articulos-relacionados\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<h3 class=\"wp-block-heading\">Related articles<\/h3>\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/andorrainsiders.com\/en\/taxes-types-rates\/\">Sistema fiscal en Andorra: transparencia y tipos<\/a><\/li>\n<li><a href=\"https:\/\/andorrainsiders.com\/en\/andorra-is-a-country-to-which-it-belongs\/\">Is Andorra a tax haven?<\/a><\/li>\n<li><a href=\"https:\/\/andorrainsiders.com\/en\/double-taxation-agreements-in-andorra\/\">Andorra&#039;s double taxation agreements<\/a><\/li>\n<li><a href=\"https:\/\/andorrainsiders.com\/en\/andorra-banks\/\">Secreto bancario y cuentas en Andorra<\/a><\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<script type=\"application\/ld+json\">{\n    \"@context\": \"https:\\\/\\\/schema.org\",\n    \"@type\": \"WebPage\",\n    \"speakable\": {\n        \"@type\": \"SpeakableSpecification\",\n        \"cssSelector\": [\n            \".entry-title\",\n            \".entry-content > p:first-of-type\",\n            \".entry-content h2\"\n        ]\n    },\n    \"@id\": \"https:\\\/\\\/andorrainsiders.com\\\/andorra-paraiso-fiscal-secreto-bancario\\\/\"\n}<\/script>\n\n\n\n<script type=\"application\/ld+json\">{\n    \"@context\": \"https:\\\/\\\/schema.org\",\n    \"@type\": \"FAQPage\",\n    \"mainEntity\": [\n        {\n            \"@type\": \"Question\",\n            \"name\": \"\\u00bfEs Andorra un para\\u00edso fiscal?\",\n            \"acceptedAnswer\": {\n                \"@type\": \"Answer\",\n                \"text\": \"No, oficialmente. Andorra fue retirada de la lista de para\\u00edsos fiscales de la OCDE en 2009 y de la lista negra espa\\u00f1ola (Real Decreto 1080\\\/1991) en 2010, tras comprometerse con los est\\u00e1ndares internacionales de transparencia fiscal. Hoy aplica el intercambio autom\\u00e1tico de informaci\\u00f3n CRS con m\\u00e1s de 100 pa\\u00edses y tiene CDIs con Espa\\u00f1a, Francia, Portugal y Luxemburgo, entre otros.\"\n            }\n        },\n        {\n            \"@type\": \"Question\",\n            \"name\": \"\\u00bfExiste el secreto bancario en Andorra?\",\n            \"acceptedAnswer\": {\n                \"@type\": \"Answer\",\n                \"text\": \"El secreto bancario cl\\u00e1sico ya no existe en Andorra. Desde 2018, los bancos andorranos reportan autom\\u00e1ticamente al fisco de los pa\\u00edses de residencia fiscal de sus clientes (est\\u00e1ndar CRS\\\/OCDE). Adem\\u00e1s, el CDI con Espa\\u00f1a (2016) permite el intercambio de informaci\\u00f3n a petici\\u00f3n. La era del secreto bancario andorrano termin\\u00f3 definitivamente con la adhesi\\u00f3n de Andorra al Foro Global de Transparencia Fiscal de la OCDE.\"\n            }\n        },\n        {\n            \"@type\": \"Question\",\n            \"name\": \"\\u00bfQu\\u00e9 ventajas fiscales reales ofrece Andorra?\",\n            \"acceptedAnswer\": {\n                \"@type\": \"Answer\",\n                \"text\": \"Andorra ofrece ventajas fiscales legales y leg\\u00edtimas: IRPF m\\u00e1ximo del 10 % (primeros 24.000 \\u20ac exentos), IS al 10 %, IGI (IVA) al 4,5 %, sin impuesto sobre el patrimonio, sin impuesto sobre sucesiones entre familiares directos, y sin impuesto sobre plusval\\u00edas de acciones cotizadas. Estas ventajas son reales pero requieren residencia fiscal efectiva (183 d\\u00edas\\\/a\\u00f1o en Andorra).\"\n            }\n        },\n        {\n            \"@type\": \"Question\",\n            \"name\": \"\\u00bfPuede Hacienda espa\\u00f1ola investigar a residentes en Andorra?\",\n            \"acceptedAnswer\": {\n                \"@type\": \"Answer\",\n                \"text\": \"S\\u00ed. La Agencia Tributaria espa\\u00f1ola puede solicitar informaci\\u00f3n a las autoridades andorranas mediante el mecanismo de intercambio a petici\\u00f3n del CDI (art\\u00edculo 25). Adem\\u00e1s, los bancos andorranos reportan autom\\u00e1ticamente datos de ciudadanos con nexo espa\\u00f1ol. Hacienda tiene 4 a\\u00f1os para impugnar un cambio de residencia fiscal si considera que no es efectivo. Es fundamental acreditar la residencia real con documentaci\\u00f3n s\\u00f3lida.\"\n            }\n        }\n    ]\n}<\/script>\n\n\n\n<script type=\"application\/ld+json\">{\n    \"@context\": \"https:\\\/\\\/schema.org\",\n    \"@type\": \"Article\",\n    \"@id\": \"https:\\\/\\\/andorrainsiders.com\\\/andorra-paraiso-fiscal-secreto-bancario\\\/#article\",\n    \"headline\": \"Andorra no es un para\\u00edso fiscal\",\n    \"url\": \"https:\\\/\\\/andorrainsiders.com\\\/andorra-paraiso-fiscal-secreto-bancario\\\/\",\n    \"datePublished\": \"2020-03-13\",\n    \"dateModified\": \"2026-05-08\",\n    \"author\": {\n        \"@type\": \"Person\",\n        \"name\": \"Jose Sanchis\",\n        \"url\": \"https:\\\/\\\/andorrainsiders.com\\\/author\\\/insider\\\/\"\n    },\n    \"publisher\": {\n        \"@type\": \"Organization\",\n        \"name\": \"Andorra Insiders\",\n        \"url\": \"https:\\\/\\\/andorrainsiders.com\",\n        \"logo\": {\n            \"@type\": \"ImageObject\",\n            \"url\": \"https:\\\/\\\/andorrainsiders.com\\\/wp-content\\\/uploads\\\/2020\\\/09\\\/andorra-insiders-logo.png\"\n        }\n    },\n    \"inLanguage\": \"es\",\n    \"mainEntityOfPage\": {\n        \"@type\": \"WebPage\",\n        \"@id\": \"https:\\\/\\\/andorrainsiders.com\\\/andorra-paraiso-fiscal-secreto-bancario\\\/\"\n    },\n    \"keywords\": \"Andorra no para\\u00edso fiscal, lista blanca, cumplimiento fiscal, GAFI OCDE\",\n    \"about\": [\n        {\n            \"@type\": \"Thing\",\n            \"name\": \"OCDE\"\n        },\n        {\n            \"@type\": \"Thing\",\n            \"name\": \"AFA Andorra\",\n            \"url\": \"https:\\\/\\\/www.afa.ad\\\/\"\n        }\n    ],\n    \"citation\": [\n        {\n            \"@type\": \"CreativeWork\",\n            \"url\": \"https:\\\/\\\/www.oecd.org\\\/tax\\\/\",\n            \"name\": \"OCDE \\u2014 Andorra jurisdicci\\u00f3 cooperativa\",\n            \"author\": {\n                \"@type\": \"Organization\",\n                \"name\": \"OCDE\"\n            }\n        },\n        {\n            \"@type\": \"CreativeWork\",\n            \"url\": \"https:\\\/\\\/www.afa.ad\\\/\",\n            \"name\": \"Transpar\\u00e8ncia fiscal i llista blanca \\u2014 AFA\",\n            \"author\": {\n                \"@type\": \"Organization\",\n                \"name\": \"Autoritat Financera Andorrana\"\n            }\n        },\n        {\n            \"@type\": \"CreativeWork\",\n            \"url\": \"https:\\\/\\\/www.fatf-gafi.org\\\/\",\n            \"name\": \"GAFI \\u2014 Mutual Evaluation Andorra\",\n            \"author\": {\n                \"@type\": \"Organization\",\n                \"name\": \"GAFI\\\/FATF\"\n            }\n        }\n    ]\n}<\/script>\n\n\n\n<script type=\"application\/ld+json\">{\n    \"@context\": \"https:\\\/\\\/schema.org\",\n    \"@type\": \"BreadcrumbList\",\n    \"itemListElement\": [\n        {\n            \"@type\": \"ListItem\",\n            \"position\": 1,\n            \"name\": \"Inicio\",\n            \"item\": \"https:\\\/\\\/andorrainsiders.com\"\n        },\n        {\n            \"@type\": \"ListItem\",\n            \"position\": 2,\n            \"name\": \"Legal\",\n            \"item\": \"https:\\\/\\\/andorrainsiders.com\\\/category\\\/legal\\\/\"\n        },\n        {\n            \"@type\": \"ListItem\",\n            \"position\": 3,\n            \"name\": \"Andorra no es un para\\u00edso fiscal\",\n            \"item\": \"https:\\\/\\\/andorrainsiders.com\\\/andorra-paraiso-fiscal-secreto-bancario\\\/\"\n        }\n    ]\n}<\/script>","protected":false},"excerpt":{"rendered":"<p>\u00daltima actualizaci\u00f3n: junio de 2026 En este art\u00edculo abordaremos la historia de por qu\u00e9 Andorra no es un para\u00edso fiscal: su proceso de m\u00e1s de 10 a\u00f1os de apertura econ\u00f3mica y jur\u00eddica internacional, su modernizaci\u00f3n y su decidida apuesta para atraer innovaci\u00f3n y capital extranjero. Y es que aunque los youtubers se muden al pa\u00eds &#8230; <a title=\"Andorra is not a tax haven\" class=\"read-more\" href=\"https:\/\/andorrainsiders.com\/en\/andorra-tax-haven-banking-secret\/\" aria-label=\"Read more about Andorra is not a tax haven\">Read more<\/a><\/p>","protected":false},"author":1,"featured_media":5619,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[22,49,51,53,52,50,48],"class_list":["post-1007","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legal","tag-andorra","tag-apertura","tag-economica","tag-fiscal","tag-imagen","tag-internacional","tag-transformacion"],"_links":{"self":[{"href":"https:\/\/andorrainsiders.com\/en\/wp-json\/wp\/v2\/posts\/1007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/andorrainsiders.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/andorrainsiders.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/andorrainsiders.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/andorrainsiders.com\/en\/wp-json\/wp\/v2\/comments?post=1007"}],"version-history":[{"count":13,"href":"https:\/\/andorrainsiders.com\/en\/wp-json\/wp\/v2\/posts\/1007\/revisions"}],"predecessor-version":[{"id":10964,"href":"https:\/\/andorrainsiders.com\/en\/wp-json\/wp\/v2\/posts\/1007\/revisions\/10964"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/andorrainsiders.com\/en\/wp-json\/wp\/v2\/media\/5619"}],"wp:attachment":[{"href":"https:\/\/andorrainsiders.com\/en\/wp-json\/wp\/v2\/media?parent=1007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/andorrainsiders.com\/en\/wp-json\/wp\/v2\/categories?post=1007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/andorrainsiders.com\/en\/wp-json\/wp\/v2\/tags?post=1007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}