Price it in your money
Tell me where you live now and what you spend a month, and every cost here becomes your number — the same life, priced country by country, in your own currency.
A guide, not a quote. I move your monthly spend by each country’s official price level (Eurostat and the World Bank, whole-economy, EU-27 = 100) — no exchange rates, so it stays in your own currency. But averages hide rent and the city you pick, and changing country is rarely a straight swap. Read these as the right ballpark, then price the real thing.
Not in the Eurostat price series. Broadly mid-to-high, in the Spanish–French range, with Europe's lowest VAT (4.5%) — though housing is tight and dear.
Where in Europe
High-mountain — snowy winters, fresh sunny summers.
The rules that matter for an exit.
Income tax tops out at 10%, with nothing on the first €24,000. For an index investor the gains are effectively untaxed: fund and ETF units are exempt outright, and so are company shares as long as you never held more than a quarter of the company. Dividends and interest take 10%, above a €3,000 yearly shield.
No wealth tax, no inheritance or gift tax, and no exit tax on leaving. Property is the exception — Andorran real-estate gains carry their own separate tax, heavy on a quick flip and tapering toward nothing over long ownership.
The tax is easy; the entry is not, and it got steeper in 2026. Non-working residency now needs €1,000,000 placed in Andorran assets — or €400,000 into the country's housing fund — plus a €50,000 fee that is no longer refundable, and ninety days a year on the ground. Andorra isn't in the EU or EEA, so there's no free movement; you come in through its own quotas.
One subtlety worth planning around: the ninety-day permit makes you a resident, but not automatically a tax resident. Capturing the 10% — and ending your tax residency back home — usually means more days than that and shifting the centre of your life here.
None at all — no inheritance or gift tax; gratuitous acquisitions sit outside the income tax entirely.
Andorra publishes its tax law but sits outside the PwC summaries and the Eurostat cost series, so treat the specifics as needing local confirmation. The residency figures jumped through 2025–26; confirm the current thresholds, and that your own fund qualifies for the exemption, before you act.
Can you actually move here?
With your passport, skip the doors — the clocks and the tax-residency rules are what matter for you.
No EU passport means one of the doors on the left — each checked against the authority that issues it.
income above 300% of the minimum wage, plus the investment (Law 2/2026, in force February 2026)
The passive residence IS the golden visa — and it roughly tripled in price in February 2026, with new permits capped at 163 a year, granted in strict filing order.
permanent residency at 7 yrs · no dual, generally · Catalan + civics exams (tightened May 2026)
or your main economic centre here; the permit's own bar is only 90 days
Andorra's door is money, openly priced — and repricing fast: February 2026 roughly tripled the entry (a million euros in, or €400,000 to the housing fund, plus €50,000 you don't get back) and capped new passive permits at 163 a year. The passport is close to unreachable: twenty years, Catalan exams, and no dual citizenship, ever.
Keeping the permit: 90 days a year keeps the permit — but tax residency takes 183
Everything moved in 2026 — the entry price (February), the yearly quota (March), the nationality law (May). Re-verify every figure before filing.
Check it yourself: e-Tràmits — passive residence · Andorra legal portal — tax residence (Law 5/2014)
Getting-in rules checked July 2026. They move faster than tax law — confirm the current rule with the authority before you plan a move around it. Education, not immigration advice.
The social-security health system (CASS) runs on work — passive residents sit outside it and live on private cover.
Private cover: the permit itself requires insurance covering illness, incapacity and old age, valid in Andorra, for you and your dependents.
Healthcare access checked July 2026. Systems are stable but details shift — confirm before you rely on them. Education, not health-insurance advice.
Common questions
- Are ETF and fund gains taxed in Andorra?
- For an index investor the gains are effectively untaxed: fund and ETF units are exempt outright, and company shares too as long as you never held more than a quarter of the company. Dividends and interest take 10%, above a €3,000 yearly shield.
- What is Andorra's income tax rate?
- Income tax tops out at 10%, with nothing on the first €24,000.
- Does Andorra have a wealth, inheritance or exit tax?
- No — there's no wealth tax, no inheritance or gift tax, and no exit tax on leaving. Property is the exception, since Andorran real-estate gains carry their own separate tax.
- What does it take to get residency and tax residency in Andorra?
- The tax is easy but the entry is not, and it got steeper in 2026: non-working residency now needs €1,000,000 placed in Andorran assets — or €400,000 into the country's housing fund — plus a non-refundable €50,000 fee and ninety days a year on the ground. That ninety-day permit makes you a resident but not automatically a tax resident, so capturing the 10% usually means more days than that; confirm the current thresholds before acting.
- Can an American or a Brit retire early in Andorra?
- Yes — the door is Residència passiva: residence without work — invest at least €1,000,000 in Andorran assets (€400,000 if into the public housing fund), plus a €50,000 non-refundable state payment. The bar is income above 300% of the minimum wage, plus the investment (Law 2/2026, in force February 2026). Rules like these move — confirm with the immigration authority before planning around them.
- How long until a Andorra passport?
- 20 years of legal residence is the general naturalisation rule, with Catalan + civics exams (tightened May 2026). Dual citizenship is generally not allowed. Permanent residency usually comes at 7 years.
Run your own numbers.
The Exit Calculator
Years to your number, at your savings rate.
OpenWhere You Live
What an annual wealth tax does to the maths — illustrative, deliberately.
OpenThe Geoarbitrage Map
The same life, priced across 58 countries.
OpenThe whole system — wrappers, funds, withdrawal, the blank page — is in the guide: The European FIRE guide
None of this is tax or investment advice — it's education, kept deliberately at the level that survives fact-checking. Rules shift with every budget round; the specifics of your situation belong with a licensed adviser in your country. I'm happily not one.
This page was last verified against official sources on 9 July 2026. What's changed on the map
Know a figure here that’s wrong or out of date? Point me to the line and a source — every correction gets checked, and it’s how the map stays right.
Report a correctionBring me a challenge.
The Exit Audit, then ninety minutes: a straight verdict, real alternatives with their pros and cons, and your first move. If you want someone to nod along, I’m the wrong person to pay.
Ninety minutes, online, €600 — the Exit Audit included.