Thinking Of Buying Home In Andorra-Check Different Types Of Residence Permits

If you are thinking of living in Andorra, then it is important to obtain residence permits there. There are different possibilities or types of permits that you will be able to find in Andorra. If you want to settle there, you should consider the types of permits and choose the one that suits you the best.

If you want to Abrir Empresa en Andorra or want to live there, then here are some of the permits you can get and choose which you think is best for you.

Residence own account

If you are thinking of getting this permission, then you should know that it is suitable for the businessman, poker player, entrepreneur, tuber, etc. This permission is for those people who want to live in the country for some professional activity. To get this permission, you need to reside in Andorra for more than 183 days and own 21% of the share capital.

Non-Profit Residence

This type of residence permit is suitable for those people who want to retire in Principality. This permission does not allow you to do any kind of economic activity, and to obtain this permit, you need to live in Andorra for about 90days and make the investment of €400,000 in the country.

Residence for the third party account

If you want to get the third-party account permit, then you has to work in the principality should be working as the employees. To work there, they need to show the working experience of at least one year in the sector they want to work in.

Residence for reasons such as cultural, sports, or scientific interest

It is for those who have international recognition for their talent worldwide. If they want to get the residence permit, then they have to reside in Andorra for at least 90 days in one year and transfer the deposit of €50,000 to AFA.