Andorra Ranks 8th Globally in Retirement Residency Programs

Andorra has secured eighth place worldwide among 46 residency programs for retirees and those with passive income, according to the Global Retirement Report and Index 2026 by Global Citizen Solutions.

The Principality scored 97.80 out of 100 overall, trailing leaders Uruguay (99.90), Mauritius (99.80), Spain (99.60), Costa Rica, Portugal, Paraguay and Latvia, but ahead of Italy and Greece. The report, details of which were obtained by the ANA news agency and Diari d'Andorra, assesses programs for individuals abroad relying on pensions, savings or similar sources. It weighs quality of life, taxation, administrative procedures, mobility and citizenship pathways, and access costs including investment thresholds.

Andorra excels in quality of life, ranking third globally with 95 points—its highest marks coming in security and environmental quality. Tax optimization earned 82 points (15th place), with personal income tax capped at 10% and no wealth or inheritance levies. Procedures scored 86 points (10th), with applications typically processed in six to nine months for a €300 fee.

Mobility and citizenship ranked 22nd at 88 points, limited by a 20-year residency requirement for nationality and no dual citizenship recognition. The program's main weakness lies in costs and investment, where Andorra scored just 50 points and placed last (46th). Since the Omnibus Law 2 took effect, applicants must invest at least €1 million in eligible local assets such as property, bank funds, public debt or company shares. They also need to prove minimum annual foreign income of 300% of Andorra's minimum wage—around €54,912 in 2026—plus roughly €18,304 per dependent.