With its favourable tax system and stunning mountain landscapes, it’s easy to see why Andorra attracts international expats from around the world. From individuals seeking new career opportunities to those looking for a peaceful place to live, Andorra’s appeal is unmistakable.

Relocating to or retiring in Andorra as an expat requires careful financial planning, with several key factors to address.

The Andorran tax system, although favourable, is complex; so understanding your tax obligations is essential. In addition, you will need to ensure that your pensions are compliant with both local and international financial regulations.

The healthcare system in Andorra is excellent, but expats should secure private health insurance to cover medical expenses. This is especially important for retirees who may have more frequent healthcare needs. For those who wish to work in Andorra, familiarity with local employment laws, social security contributions, and pension schemes is a requirement to ensure long-term financial security.

Given the complexity of these issues, consulting with a knowledgeable local financial expert is strongly recommended.

Simon Voysey, a seasoned financial advisor based in Andorra la Vella, specialises in personal tax planning, investments, insurance, retirement planning, and wealth management. With his expert guidance, you can fully enjoy your new life in Andorra, confident that your financial affairs are in safe hands.

Schedule a meeting with Simon today. Simply click the button below to book your free initial consultation.