Andorra — Passive residence (residencia sense activitat lucrativa) - REPRICED 2026
Passive incomeWhat it actually requires
MAJOR CHANGE via Llei 2/2026 (in force from ~22 Jan 2026): investment threshold raised from EUR 600,000 to EUR 1,000,000 in Andorran assets (real estate - min EUR 800k per property unit, resident-company shares, public debt, qualifying financial instruments, AFA deposits); REDUCED to EUR 400,000 if invested in the Fons d'Habitatge (housing fund); plus NON-REFUNDABLE fee to AFA: EUR 50,000 main applicant + EUR 12,000 per dependent (replacing the old refundable EUR 47,500/EUR 9,500 deposits); certain fund investments only count for 36 months then must be redeployed. Only ~90 days/year physical presence required (but note: TAX residency needs more - see tax module). Old 600k figures now WRONG - purge from any cached content. (PR: renewable long-term residence)
Source: www.govern.ad · last reviewed 2026-07-17