Andorra can boast of being considered one of the most modern, prosperous and dynamic countries, as it has one of the highest per capita incomes in the world, a high level of public safety and one of the best health systems in the world.
In 2012, the legislation regulating the construction of companies with foreign capital was changed to facilitate the entry of foreign investors into the country. Thanks to Law 10/2021 of 21 June, the creation of companies with 100% foreign capital is now permitted.
The Principality of Andorra is located in the heart of the Pyrenees, with Spain and France as neighbouring countries. Road communications are good and allow you to reach Barcelona or Toulouse in less than three hours. This makes investing in Andorra a safe bet in all aspects , making it a very interesting option for investors from all over the world.
Andorra has signed a tax information exchange agreement (IIC) with Spain, France, Portugal, Switzerland, Argentina, Australia, Germany, Austria, Belgium, the Netherlands, San Marino, Monaco, Belgium, Poland, the Czech Republic, Norway, Finland, Iceland, Sweden, Denmark, Greenland and the Faroe Islands. Thanks to these agreements, Andorra is no longer on the OECD (Organisation for Economic Co-operation and Development) list and is no longer considered a tax haven.
The origins of the Principality of Andorra are rooted in the rural system. It was not until the end of the 20th century, with the arrival of tourism, that Andorra evolved to achieve its current architecture.
We find everything from old reformed bordas (rural houses where livestock was kept) converted into luxury rural houses, to the new towers of Escaldes-Engordany.
Property investment opportunity in AndorraAmong the most sought-after parishes is Encamp, and buying a flat or house in Encamp is an unbeatable opportunity as it is located in an area connected to Andorra la Vella, La Massana and Canillo.
Of course, there are also luxury homes in other parishes such as Andorra la Vella, La Massana, Ordino, Encamp and Canillo. If you would like to live in the principality and need advice on buying a property in Andorra, all you have to do is contact our team to prepare a personalised proposal.
Superior Real Estate offers a team of real estate experts with a personalized treatment, discover the individualised concierge service, accompanying you throughout the process and improving your experience in Andorra.