Andorra has become a pole of attraction for digital influencers, also known as content creators. Here are some of the main advantages of living in Andorra:
According to Andorran law, there are different ways to obtain residency as a content creator in Andorra:
Passive residency with international projection | Self-employed active residency | Residency for digital nomads |
---|---|---|
Differences | ||
Stay at least 90 days in Andorra | Stay at least 183 days in Andorra | Stay minimum 90 days in Andorra |
At least 85% of billing outside Andorra | Own more than 34% of a company | Demonstrate sufficient economic capacity |
Make a deposit of at least 47,500 euros | Taxation at the IS headquarters (10$) | Taxation at the IRPF headquarters (maximum 10%) |
Contribute to Andorran Social Security | ||
Dividends are not taxed at the IRPF headquarters | ||
Similarities | ||
Comparison or rental of a housing |
To obtain passive residency, the following administrative requirements must be met:
They are taxed at the Personal Income Tax office at a maximum rate of 10%, with the first €24,000 being exempt, and applying a maximum rebate of €800 in the tax liability for obtaining certain income.
It is very important to analyse each specific case in detail, because if royalties (image rights from third countries) are received, they could be subject to a higher withholding tax in the countries of origin. In these cases, it is very important to foresee and plan for the possible tax effects of the change of residence.
This permit to live in Andorra is valid for one year, and can be renewed three times for periods of two years. At the end of the seven years, the residence permit is renewed every ten years. These conditions also apply to the permit obtained for employment.
To obtain the residency for digital nomads, the following administrative requirements must be met:
This permit to live in Andorra is valid for one year, and can be renewed three times for periods of two years. At the end of the seven years, the residence permit is renewed every ten years. These conditions also apply to the permit obtained for employment.
The form of taxation of digital nomads is also assimilated to that of holders of a passive residence.
At Andorra Live, we are a multidisciplinary team constantly updating our skills. Our aim is to facilitate your move and establishment in Andorra by offering comprehensive and personalized guidance.
Andorra has full coverage of state-of-the-art fibre optics in 100% of homes, even if you decide to live lost in the mountains. Currently, the country has 700 Mbps symmetrical Internet for individuals for about €35 per month and up to 1 Gbps for businesses.
In the case of opting for a passive residence permit with international projection, you must make a deposit of 47,500 euros in the AFA, plus 9,500 euros per dependent. In the case of an active self-employed residence, this deposit will be 50,000 euros. In both cases, the deposit will be returned to you at the time you decide to stop residing in Andorra.
Economic requirements must be met, such as making a deposit in the AFA, an annual income level above 300% of the minimum wage, 85% of the turnover must be outside Andorra, staying for a minimum period of effective residence of 90 days and taking out private health insurance.