Andorra Passive residence · €1m

Residence permit for people who invest at least EUR 1,000,000 (≈ $1,120,000) in Andorran assets and live in Andorra at least 90 days a year without working. ^{1 2 3 4 5 6 7}

What you must show and pay

• An investment of at least EUR 1,000,000 (≈ $1,120,000) · Minimum permanent investment by the main applicant in Andorran property, company shares, Andorran financial instruments (up to 36 months), public debt, life insurance with Andorran firms or unremunerated deposits at the Andorran Financial Authority. ³
• Income of over EUR 56,472.12 a year (≈ $63,100) · Annual resources above 300% of the annual minimum wage for the main applicant: EUR 1,568.67 (≈ $1,750) per month (from 1 July 2026) x 12 x 3 = EUR 56,472.12 (≈ $63,100); add 100% of the annual minimum wage for each dependant. ^{1 4 7}
• A fee of EUR 50,000 (≈ $55,900) · Non-refundable payment to the Andorran Financial Authority for the main applicant; EUR 12,000 (≈ $13,400) more for each dependant. ³
• A fee of EUR 3,000 (≈ $3,350) · Issue fee for the main applicant (EUR 1,000 (≈ $1,120) for each dependant; renewal EUR 500 (≈ $560)). ⁶

Requirements

• The applicant is a newcomer and the application falls within the quota of Decree 74/2026: 200 residence authorisations without work in total, of which 163 are for residence without lucrative activity. ⁵
• If the places of one category run out, a permit can still be granted while the overall 200 are not used up. ⁵
• The applicant makes Andorra the main and effective residence for at least 90 days a calendar year and does not work. ³
• Invest at least EUR 1,000,000 (≈ $1,120,000) permanently in Andorran property, company shares, financial instruments, public debt, life insurance or AFA deposits. ³
• Investments in property in Andorra must exceed EUR 800,000 (≈ $894,000) for each property unit bought. ³
• A non-refundable payment to the Andorran Financial Authority of EUR 50,000, (≈ $55,900) plus EUR 12,000 (≈ $13,400) for each dependant. ³
• Annual resources above 300% of the annual minimum wage for the main applicant, about EUR 56,472.12 (≈ $63,100), plus 100% for each dependant. ^{4 2 7}
• Issue fee EUR 3,000 (≈ $3,350) for the main applicant and EUR 1,000 (≈ $1,120) for each dependant. ⁶
• Passport, a criminal record certificate from the home and residence countries and a sworn statement on criminal record. ^{1 4}
• Proof of owning or renting a home, or of starting to buy one that is completed within one year of applying. ^{1 4}
• Health, disability and old-age insurance valid in Andorra that covers 100% of medical costs for the whole permit period. ^{1 4}
• Applicants commit at filing to complete the investment within six months, extendable by six months in case of force majeure. ³
• Applications are filed in person by appointment; the maximum decision time is 2 months. ²
• Register with the parish council (Comú) within three months of the grant. ²

Stay

• Initial permit 2 years, first renewal 2 years, second renewal 3 years, later renewals 10 years; nationals of states with a convention with Andorra get 2, 3 and then 10-year terms.
• Initial permitted stay: 24 months.
• Renewable, subject to the conditions in force at renewal.

Nationality

Granted by chronological order within the quota, with priority to nationals of states that have a convention with Andorra, then EU and EEA nationals, then others.

Work

No work or professional activity in Andorra.

Family

Spouse or partner and dependent children can be included as dependants; EUR 12,000 (≈ $13,400) non-refundable payment and EUR 1,000 (≈ $1,120) issue fee apply for each.

Fine print

The quota of Decree 74/2026 (11 March 2026) is a fixed number of places with no end date, not a yearly one; the earlier quota of 600 places set on 1 March 2023 was used up.

Checked 2026-10-12

Official sources

1. D.1 Residència sense treball: autorització inicial · Government of Andorra (Immigration Service) · checked 2026-10-11
2. D.1 Residència sense treball: autorització inicial (e-Tràmits) · Government of Andorra (e-Tràmits) · checked 2026-10-11
3. Llei 2/2026, del 22 de gener, de continuïtat i consolidació de les mesures per al creixement sostenible · Butlletí Oficial del Principat d'Andorra · checked 2026-10-11
4. Decret 407/2025, d'aprovació del Reglament de les autoritzacions d'immigració de residència sense treball · Butlletí Oficial del Principat d'Andorra · checked 2026-10-11
5. Decret 74/2026, Reglament de quota de les autoritzacions d'immigració de residència sense treball · Butlletí Oficial del Principat d'Andorra · checked 2026-10-11
6. Tarifes d'immigració · Government of Andorra (Immigration Service) · checked 2026-10-11
7. Increment extraordinari del salari mínim fins als 1.568,67 euros mensuals · Government of Andorra · checked 2026-10-11
8. Adquisicio de la nacionalitat andorrana · Government of Andorra (Ministry of Justice and Interior) · checked 2026-10-11