Andorra Flag

Andorra: Taxes and Costs

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Last Updated: Jul 12, 2006

Andorra's rental income tax is very low

Income is not taxed by the Principality of Andorra. Instead, an array of indirect taxes is in place, such as tax on transfers of real estate, and local taxes.

Local taxes are different in every parish/municipality. The most noticeable local taxes are on services, permits, and transfers of real estate.

Rental income is taxed by some parishes, at around 3%.

There is no capital gains tax in Andorra. There is, however, property acquisition tax ranging from 1% to 2% of the acquisition price, or at times taxed per square meter.

 

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