Andorra Passive residence · €400k fund

The same residence permit without work, with the investment reduced to EUR 400,000 (≈ $447,000) when it goes directly or indirectly and permanently into the Andorran Housing Fund. ^{1 2 3 4 5 6 7}

What you must show and pay

• An investment of at least EUR 400,000 (≈ $447,000) · Reduced minimum investment when made directly or indirectly and permanently in the Housing Fund (Fons d'Habitatge). 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 (the same 163 places as the EUR 1,000,000 (≈ $1,120,000) option). 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 400,000 (≈ $447,000) permanently and effectively, directly or indirectly, in the Housing Fund. 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