New tax on foreign real estate investment in Andorra: Key points and implications

Legal updates and news

Andorra has experienced significant growth in foreign investment since its introduction in 2008. To ensure a sustainable growth model and contribute to public policies, Andorra has introduced a new tax on foreign real estate investment with the Act 3/2024.

Andorra and its attractive tax system: Opportunities for expats

International tax

The Andorran tax system has been adapted in recent years to take into account the activity and economic structure of the country, transitioning from a predominantly indirect tax system to a direct taxation system, thereby meeting international standards, especially those set by the Organisation for Economic Co-operation and Development (OECD).

Andorra offers a simple and attractive tax framework to encourage the country’s economic growth, facilitating foreign investments and the internationalisation of national companies.

Let’s start a
conversation today

For personalized advice, book an appointment. If you have any questions or suggestions, write to us at info@carlotapastora.com

REQUEST A CONSULTATION