| Legal Flash | January 2026 | Reform Law consolidating sustainable growth measures
The Andorran Parliament has approved a new Reform Law consolidating the “sustainable growth” framework and introducing targeted amendments to immigration, housing, and foreign real estate investment taxation.
Key points covered in our Legal Flash include:
🔶 Higher minimum investment thresholds for self-employed and passive residency regimes.
🔶 Replacement of refundable deposits with definitive, non-refundable contributions.
🔶 Revised eligibility of financial instruments for residency-linked investments (36-month limit).
🔶 Increased tax rates on foreign real estate investments (6% on the first acquisition and 10% thereafter).
🔶 Transitional rules preserving the prior legal regime for pending applications.
These measures significantly reshape the regulatory environment for foreign investors, HNWI, and individuals considering residency or real estate investments in Andorra.