We are located in the Principality of Andorra, an independent micro-state of south-western Europe, situated between France and Spain. Our country offers some great features and provides opportunities that can be of great interest as presented below.
Andorra is a country characterized by high legal security thanks to its legal system and institutions.
Legal certainty is a principle recognized and protected by the Andorran Constitution, released on March14th, 1993.
This principle is an essential pillar of its democratic structure.
Our country is a socially stable country with a high degree of urban security.
Its ranks as one of the world’s safest places, whereas its crime rates is one of the world’s lowest.
Andorra is one of the world’s states with the lowest per capita crime according to statistics published by UNODC.
Financial and banking system
The financial and banking system in Andorra is one of the main pillars of the Andorran economy and accounts for about 16% of its GDP.
The seriousness of the Andorran banking sector, in terms of supervision and strict verification of the origin and destination of funds, is recognized by organizations such as the International Monetary Fund (IMF) and the Council of Europe. The report the IMF has done in 2007 on Andorra states that: “the supervision of the financial sector, with concentration on the banking sector, is adequately solid.“
The Principality of Andorra has existed for over 700 years and is characterized by a high geopolitical stability.
It should be noted, that if the act of its creation was the signing of Pariatges at the end of the thirteenth century, the Principality of Andorra has successfully changed the organization of its institutions through the signature of its first and only Constitution in 1993.
Due to its location between France and Spain and thanks to its immigrant hospitality, Andorra has a population composed of different nationalities (Andorran 42.86%, Spanish 28.4%, 14.99% Portuguese, French 5.25%, English 1% and other 7.49%).
Although the official language is Catalan, Spanish and French are commonly used because of the proximity to Spain and France. English is increasingly present due to tourist requirements and increasing international investment.
Education, health and social security
The education system in Andorra is international, with three coexisting systems: the Andorran, the French and the Spanish education system. The Spanish system offers public schools and religious schools. The Principality of Andorra also has a Spanish private education institution, which offers a bilingual education (Spanish – English).
Andorra has a high quality public health system, developed by the Hospital Nostra Senyora de Meritxell, which has a highly recognized medical and technological reputation, as well as eleven health centres located in all major towns.
Historically, Andorra has based its business model on the ski and shopping tourism sector, the real estate industry and the financial system.
The economic crisis and the end of the classical model has forced the country to create a new economic model based on the liberalization of foreign investment attracted by a competitive tax system.
The Principality of Andorra is located in South Western Europe, in the Pyrenees between Spain and France.
The nearest international airports are El Prat Airport (Barcelona – about 125_ miles), the Toulouse Blagnac Airport (Toulouse – about 125 miles) and Airport Lleida-Alguaire (Lleida – about 100 miles).