---
title: "Andorra Passive residence · €400k fund requirements 2026"
url: https://settleanywhere.com/countries/andorra/passive-residence-housing-fund-400k/
lang: en
updated: 2026-10-12
---

Andorra · Investing

# Andorra Passive residence · €400k fund

**Investment needed:** €400k+ ≈ $447k

Residence without lucrative activity (D.1.1) with EUR 400,000 in the Housing Fund

Checked against official sources on 12 Oct 2026 [Record corrected 11 Oct 2026](https://settleanywhere.com/changes/corrections/#change-ad-passive-residence-housing-fund-400k) [Change log](https://settleanywhere.com/changes/)

- **Investment needed:** €400k+ ≈ $447k (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). 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 per month (from 1 July 2026) x 12 x 3 = EUR 56,472.12; add 100% of the annual minimum wage for each dependant. A fee of EUR 50,000 (≈ $55,900) · Non-refundable payment to the Andorran Financial Authority for the main applicant; EUR 12,000 more for each dependant. A fee of EUR 3,000 (≈ $3,350) · Issue fee for the main applicant (EUR 1,000 for each dependant; renewal EUR 500).)
- **First stay:** 2 yrs (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.)
- **Who can apply:** Any passport (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 (No work or professional activity in Andorra.)

## Key facts

Passive residence · €400k fund is an investing route for Andorra. Applicants need an investment of €400k+ ≈ $447k. You can stay 2 yrs, renewable. You can't take local work. Checked 2026-10-12 against the official source.

- **Money needed:** €400k+ ≈ $447k
- **Government fees:** €50k ≈ $56k · €3,000 ≈ $3,350
- **First stay:** 2 yrs

## Cost, time and long term

To apply: 2 government fees listed below; investment €400k+ ≈ $447k. No lawyer or agent fee is included.

**Government fees: €50k ≈ $56k · €3,000 ≈ $3,350**

- 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.
- EUR 3,000 (≈ $3,350) Issue fee for the main applicant (EUR 1,000 (≈ $1,120) for each dependant; renewal EUR 500 (≈ $560)).

**Shown, not spent: €56k+/yr ≈ $63k**

- 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.

**Invested and held: €400k+ ≈ $447k**

- EUR 400,000 (≈ $447,000) Reduced minimum investment when made directly or indirectly and permanently in the Housing Fund (Fons d'Habitatge).

**Renewal: Renewable**

Initial permit 2 years, renewals of 2 and 3 years, then 10-year renewals.

[Government of Andorra](https://www.govern.ad/ca/tematiques/immigracio/residencia/residencia-sense-treball-autoritzacio-inicial)

**Citizenship: After 20 years of residence**

Naturalisation needs 20 years of principal and permanent residence in Andorra (continuous or not), the last 5 years effective, plus proof of integration; the original nationality must be given up.

[Government of Andorra](https://www.govern.ad/ca/ministeris-i-secretaries-d-estat/ministeri-de-justicia-i-interior/nacionalitat/adquisicio-de-la-nacionalitat-andorrana)

**Presence rules: At least 90 days a year**

You must make Andorra your effective main residence for at least 90 days per calendar year.

[Government of Andorra](https://www.govern.ad/ca/tematiques/immigracio/residencia/residencia-sense-treball-autoritzacio-inicial)

## Why this route may not fit

Check this before you apply.

- Work isn't allowed on this route

### What you'll need

#### Who can apply

- 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).
- If the places of one category run out, a permit can still be granted while the overall 200 are not used up.
- The applicant makes Andorra the main and effective residence for at least 90 days a calendar year and does not work.

#### What you must show

- Invest at least EUR 400,000 (≈ $447,000) permanently and effectively, directly or indirectly, in the Housing Fund.
- A non-refundable payment to the Andorran Financial Authority of EUR 50,000, (≈ $55,900) plus EUR 12,000 (≈ $13,400) for each dependant.
- 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.
- Issue fee EUR 3,000 (≈ $3,350) for the main applicant and EUR 1,000 (≈ $1,120) for each dependant.

#### Documents

- Passport, a criminal record certificate from the home and residence countries and a sworn statement on criminal record.
- Proof of owning or renting a home, or of starting to buy one that is completed within one year of applying.
- Health, disability and old-age insurance valid in Andorra that covers 100% of medical costs for the whole permit period.

#### Steps

1. Applicants commit at filing to complete the investment within six months, extendable by six months in case of force majeure.
2. Applications are filed in person by appointment; the maximum decision time is 2 months.

#### After you arrive

- Register with the parish council (Comú) within three months of the grant.

## What happens at day 183

How Andorra decides tax residence and treats foreign-source income, from its tax records.

- **Stay on this route:** **2 years at first, renewable**
- **Tax residence:** - **More than 183 days in a calendar year** Staying in Andorra more than 183 days in the calendar year makes a person tax resident, counting sporadic absences.
- **Foreign-source income:** All income of tax residents, including foreign-source income, after the personal minimum; double-taxation deductions are available for tax paid abroad.

[All tax rules for Andorra](https://settleanywhere.com/countries/andorra/tax/) Tax records checked 11 Oct 2026

## What you need to arrange

- **Accommodation** Invest at least EUR 400,000 (≈ $447,000) permanently and effectively, directly or indirectly, in the Housing Fund
- **Police certificate and civil documents** Passport, a criminal record certificate from the home and residence countries and a sworn statement on criminal record

Taken from this route's requirements above. The authority's own list is the one that counts.

**Full official text**

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. (sources 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). (source 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. (sources 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. (source 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)). (source 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). (source 5)
- If the places of one category run out, a permit can still be granted while the overall 200 are not used up. (source 5)
- The applicant makes Andorra the main and effective residence for at least 90 days a calendar year and does not work. (source 3)
- Invest at least EUR 400,000 (≈ $447,000) permanently and effectively, directly or indirectly, in the Housing Fund. (source 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. (source 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. (sources 4, 2, 7)
- Issue fee EUR 3,000 (≈ $3,350) for the main applicant and EUR 1,000 (≈ $1,120) for each dependant. (source 6)
- Passport, a criminal record certificate from the home and residence countries and a sworn statement on criminal record. (sources 1, 4)
- Proof of owning or renting a home, or of starting to buy one that is completed within one year of applying. (sources 1, 4)
- Health, disability and old-age insurance valid in Andorra that covers 100% of medical costs for the whole permit period. (sources 1, 4)
- Applicants commit at filing to complete the investment within six months, extendable by six months in case of force majeure. (source 3)
- Applications are filed in person by appointment; the maximum decision time is 2 months. (source 2)
- Register with the parish council (Comú) within three months of the grant. (source 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](https://www.govern.ad/ca/tematiques/immigracio/residencia/residencia-sense-treball-autoritzacio-inicial) · Government of Andorra (Immigration Service) · checked 2026-10-11
2. [D.1 Residència sense treball: autorització inicial (e-Tràmits)](https://www.e-tramits.ad/tramits/ca/d1-residencia-sense-treball-autoritzacio-inicial/p/GV001309) · 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](https://www.bopa.ad/Documents/Detall?doc=CGL_2026_02_12_10_11_12) · 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](https://www.bopa.ad/Documents/Detall?doc=GR_2025_11_12_13_42_07) · 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](https://www.bopa.ad/Documents/Detall?doc=GD_2026_03_12_12_05_05) · Butlletí Oficial del Principat d'Andorra · checked 2026-10-11
6. [Tarifes d'immigració](https://www.govern.ad/ca/tematiques/immigracio/altres-tramits/tarifes) · Government of Andorra (Immigration Service) · checked 2026-10-11
7. [Increment extraordinari del salari mínim fins als 1.568,67 euros mensuals](https://www.govern.ad/ca/w/el-govern-aprova-un-increment-extraordinari-del-salari-minim-del-2-8-fins-als-1-568-67-euros-mensuals) · Government of Andorra · checked 2026-10-11
8. [Adquisicio de la nacionalitat andorrana](https://www.govern.ad/ca/ministeris-i-secretaries-d-estat/ministeri-de-justicia-i-interior/nacionalitat/adquisicio-de-la-nacionalitat-andorrana) · Government of Andorra (Ministry of Justice and Interior) · checked 2026-10-11

## Passive residence · €400k fund and its alternatives

| Route | Money needed | Stay | Work |
| --- | --- | --- | --- |
| Passive residence · €400k fund | Needs an investment of €400k+ ≈ $447k | 2 yr, renewable | No |
| [Passive residence · €1m](https://settleanywhere.com/countries/andorra/passive-residence-1m/) | Needs an investment of €1M+ ≈ $1.1M | 2 yr, renewable | No |
| [Golden Visa · €250k arts](https://settleanywhere.com/countries/portugal/ari-arts-250k/) Portugal | Needs an investment of €250k+ ≈ $279k | 2 yr, renewable | – |
| [D5 · Property over $150k](https://settleanywhere.com/countries/georgia/d5-real-estate-residence/) Georgia | Needs assets of $150k+ | 1 yr, renewable | No |
| [Investor Visa · €1M donation](https://settleanywhere.com/countries/italy/investor-philanthropy-1m/) Italy | Needs an investment of €1M+ ≈ $1.1M | 2 yr, renewable | – |

## Questions people ask

### How much money do I need for the Passive residence · €400k fund?

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). 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. 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. 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)).

### How long can I stay on the Passive residence · €400k fund?

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.

### Can I work on the Passive residence · €400k fund?

No. No work or professional activity in Andorra.

### Can I bring my family on the Passive residence · €400k fund?

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.

### How are Passive residence · €400k fund holders taxed in Andorra?

No special regime in our records is tied to the Passive residence · €400k (≈ $447,000) fund. The standard rules apply: Tax residents pay IRPF at 10% on income above a personal minimum of EUR 24,000 (≈ $26,800) (EUR 30,000 (≈ $33,500) with a recognised disability); an earned-income bonus cuts the tax by 50%, up to EUR 800 (≈ $890).

## More in Andorra

[Science, culture or sport](https://settleanywhere.com/countries/andorra/science-culture-sport/) [Working Holiday](https://settleanywhere.com/countries/andorra/working-holiday/) [Digital nomad residence](https://settleanywhere.com/countries/andorra/digital-nomad/) [Care centre residence](https://settleanywhere.com/countries/andorra/private-care-residence/) [Self-employed professional](https://settleanywhere.com/countries/andorra/self-employed-liberal-professional/) [Self-employed via company](https://settleanywhere.com/countries/andorra/self-employed-company/) [International professional](https://settleanywhere.com/countries/andorra/professional-international-projection/) [Work residence](https://settleanywhere.com/countries/andorra/work-residence/)

## Investment visas elsewhere

[🇬🇷 Golden Visa · Heir of property](https://settleanywhere.com/countries/greece/golden-visa-inherited-property/) [🇫🇷 Talent · €300k investment](https://settleanywhere.com/countries/france/talent-economic-investment/) [🇨🇾 PR · €300k fund units](https://settleanywhere.com/countries/cyprus/invest-fund-units/) [🇦🇱 Strategic investor residence](https://settleanywhere.com/countries/albania/strategic-investor-permanent/) [🇲🇪 Property owner residence](https://settleanywhere.com/countries/montenegro/property-owner/) [🇲🇹 MPRP · Buy property](https://settleanywhere.com/countries/malta/mprp-purchase/)

≈ USD figures are approximate: daily reference rates from ExchangeRate-API, dated 12 Oct 2026, refreshed when the site is updated.

## How this was checked

**Checked on 2026-10-12 against 8 official sources.** Status: verified against the official sources.

Every figure on this page comes from the official source it links to. The record was researched against these sources, then reviewed separately, with special attention to effective dates and amendments. Where a source does not state something, the page leaves it out.

1. [D.1 Residència sense treball: autorització inicial](https://www.govern.ad/ca/tematiques/immigracio/residencia/residencia-sense-treball-autoritzacio-inicial) · Government of Andorra (Immigration Service) · checked 2026-10-11
2. [D.1 Residència sense treball: autorització inicial (e-Tràmits)](https://www.e-tramits.ad/tramits/ca/d1-residencia-sense-treball-autoritzacio-inicial/p/GV001309) · 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](https://www.bopa.ad/Documents/Detall?doc=CGL_2026_02_12_10_11_12) · 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](https://www.bopa.ad/Documents/Detall?doc=GR_2025_11_12_13_42_07) · 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](https://www.bopa.ad/Documents/Detall?doc=GD_2026_03_12_12_05_05) · Butlletí Oficial del Principat d'Andorra · checked 2026-10-11
6. [Tarifes d'immigració](https://www.govern.ad/ca/tematiques/immigracio/altres-tramits/tarifes) · Government of Andorra (Immigration Service) · checked 2026-10-11
7. [Increment extraordinari del salari mínim fins als 1.568,67 euros mensuals](https://www.govern.ad/ca/w/el-govern-aprova-un-increment-extraordinari-del-salari-minim-del-2-8-fins-als-1-568-67-euros-mensuals) · Government of Andorra · checked 2026-10-11
8. [Adquisicio de la nacionalitat andorrana](https://www.govern.ad/ca/ministeris-i-secretaries-d-estat/ministeri-de-justicia-i-interior/nacionalitat/adquisicio-de-la-nacionalitat-andorrana) · Government of Andorra (Ministry of Justice and Interior) · checked 2026-10-11

Tracked since 2026-10-10. Rule changes and corrections are listed on the [changes page](https://settleanywhere.com/changes/), and the [methodology page](https://settleanywhere.com/methodology/) explains how facts are checked. Found something out of date? Email [contact@stayglobe.app](mailto:contact@stayglobe.app?subject=Correction) with a link to the official source.