Investing in Andorran real estate and living in Andorra

Andorra is an ideal place to reside for those wishing to benefit from reduced taxes, improve their quality of life and relax and enjoy life leisurely. In addition to real estate investment, living in Andorra is an opportunity that more and more French and other citizens of the world are not hesitating to seize.

A growing attraction to the Andorran quality of life

The evolution of the property market in Andorra

The boom in investments in property in Andorra

The number of tourists coming to our country has been fast-growing these last 30 years, which explains the current aspect of the housing market. Property in Andorra is indeed primarily collective and of new construction. Developers have been having a field day responding to this urgent need.

Finding that special place

For those who prefer investing in individual property in Andorra, the available land has become very rare and therefore very expensive! Chalet residences are much more affordable. There are a few rare traditionally conceived charming houses, but are usually owned by Andorran families, and it is unusual to find them for sale.

Exceptional snow conditions

When living in Andorra you can enjoy exceptional snow conditions for most of the year. With nearly 210 km of slopes in the Grandvalira resort alone, this holiday destination has become a must for French and foreign skiers. When other resorts "lack" snow, Andorra still remains one of the snowiest places thanks to its location and its high peaks. This "white gold" is another relevant point in the context of a purchase of property in Andorra.

Investing in real estate in Andorra for individuals

The Principality negotiated its first tax treaty with France in 2012. Presented to the National Assembly on June 11th 2014 for ratification it is in force since 1st January 2015.

Living in Andorra and benefiting from tax residence status

The agreement governs the "residence conflicts" that can occur when a person living in Andorra exercises a professional activity or possesses the majority of its revenue-generating assets in France. These residence conflicts generally create situations of double taxation.
Now, under Article 4 of this convention, a person may have only one tax residence.

Living in Andorra and benefiting from tax residence status

The agreement governs the "residence conflicts" that can occur when a person living in Andorra exercises a professional activity or possesses the majority of its revenue-generating assets in France. These residence conflicts generally create situations of double taxation.
Now, under Article 4 of this convention, a person may have only one tax residence.

Ready to live in Andorra more than 93 days a year?

But be careful : the Convention applies only if you :

• stay more than 93 days a year in Andorra,
• or have the centre of your interests in Andorra,
• or carry out your main occupation in Andorra.

Real estate owned in France by Andorran residents

Andorran residents who purchase or own property in France are no longer subject to the levy of Article 164 C of the CGI which provides the annual tax of 3 times the rental value of properties owned in France.


This advantage has the merit of making the exemption indisputable!