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