Duration
Duration
Because of its cheap taxes, security and advantageous position, Andorra is among the most popular travel destinations. It is hardly unexpected that more and more people are relocating to small nations.
Any person starting a firm is eligible to apply for active residency in Andorra. The active residence programmes in Andorra are intended for independent contractors who own more than 20% of a publicly-traded company. The applicant may also be a member of the board of directors, the managing director, or one of the company's founders.
After incorporation and activation, directors and managers of an Andorran firm are eligible to apply for an active residence visa with the ability to work. Those who prefer to work for themselves and intend to stay in Andorra for a minimum of 183 days, excluding holidays and business excursions, may apply for an active work residency.
You are eligible for an active residence permit if,
The Andorran immigration office must receive the following documents once the company has been formed:
When to Apply
Gather the required documents once you are eligible for an active residence. As for when to apply for active residency, you may apply for it once you have met the conditions like 90 days of passive residence. Furthermore, also look for the visa processing time and apply accordingly.
Visa Processing Time
The active residency allows someone to live in the principality for a set period of time (renewable) and has the potential to result in citizenship. Except for the opportunity to vote, Andorran residents enjoy all of the same rights as citizens. In as short as two months after the application is made, the active residency can be granted.
How to Apply
The Andorran immigration office will make a decision regarding the application for an active residency permit after receiving all of these documents. Only in cases of significant history, potential for money laundering, and national reputation can an application be rejected.
Duration
This one-year residency permit in Andorra can be extended three times for further two-year terms. The residence permit is extended every 10 years beginning after these seven years. These prerequisites also apply to licences received for employment.
Fees
The visa fees may differ depending on various factors. You should have around 150 USD as a processing fee. More details are provided by the embassy. Apart from that, you are also required to provide the investment money.
The active residence can be repeatedly extended for 2 years and eventually ten years. It can also lead to citizenship after being in the country for a sufficient time. Normally, citizenship is provided after 20 years.
Dependents
You may include family members by making an extra investment.
Business
The permit is for investment and business.
Citizenship
The permit can lead to citizenship.
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