How to send money to Andorra in 2026: euros under European rules in 1 business day and investment for residence
Andorra uses the euro and since 2019 has been part of the single payments area, so a transfer from Europe takes a business day. We show how to send money to a bank in Andorra in 2026, what a non-resident pays when buying a home, how much to invest for residence and what tax a resident pays.
In short
- A transfer from Europe in euros arrives in 1 business day, with no exchange.
- A non-resident buying a home pays a 6% tax, and 10% on each further home.
- Residence without work requires $1.2 million (€1 million) of investment from 13 February 2026.
- Resident income tax is at most 10%, and deposits are protected up to $120,000 (€100,000).
In detail
Money is sent to Andorra in euros to an account at a bank in the principality: the country uses the euro under a monetary agreement with the European Union and since March 2019 has been part of the single euro payments area. A transfer from Spain, France and other European countries travels as one inside Europe, usually in 1 business day. A deposit is protected up to $120,000 (€100,000) at each bank.
| What matters | On 9 October 2026 |
|---|---|
| currency | euros, no exchange needed |
| transfer from European countries | under single euro payments area rules, 1 business day |
| transfer from other countries | in euros or dollars through a correspondent bank, 1-3 business days |
| recipient's account number | 24 characters, starting with the country letters |
| deposit protection | $120,000 (€100,000) per depositor at each bank |
Checked on 9 October 2026. Euros converted into dollars at the European Central Bank rate of 7 October 2026, 1.1177 dollars per euro, rounded up.
Property in Andorra for a non-resident: permission and a 6% tax
A non-resident buys a flat or house in Andorra after the government approves the foreign investment. From 2026 the deal also carries a tax on foreign investment in property: 6% for the first home and 10% for each one after it. Someone who has lived in the country for less than 3 of the last 10 years pays it too.
That is why the transfer amount is worked out not from the listing price but from the price plus the tax and the notary's costs. How much to send and by what date, a manager will work out for your deal.
The capital is described on the Andorra la Vella page, and how to send home sale proceeds towards a purchase is covered in moving home sale proceeds abroad.
We will help you send money to Andorra
Mistakes cost more than fees: a sum for a flat without the 6% foreign investment tax, a residence investment without counting the contribution and the 6-month deadline, a transfer from outside Europe with an extra currency exchange, and a large sum with no papers on its origin. We will help you avoid them: we choose the transfer route, gather source-of-funds documents for the bank in Andorra and carry out the transfer through licensed partners until the money is credited.
Details and cost are with a manager in the chat: much depends on the amount, the currency and the purpose of the transfer.
Residence without work: $1.2 million (€1 million) of investment from 2026
From 13 February 2026, residence without work in Andorra requires an investment of at least $1.2 million (€1 million) in Andorran assets: property, government bonds, shares in local companies or financial products of the principality's banks. If the investment goes into housing, each property costs from $900,000 (€800,000). The investment must be made within 6 months of approval, and a non-refundable contribution is paid separately to the Andorran Financial Authority.
A bank in Andorra accepts a million euros only with a detailed pack on the origin of the wealth over several years. We will advise how best to send such a sum: in parts for each investment or in one payment.
Income tax up to 10%: what a resident keeps
An Andorran resident pays income tax in three bands: 0% on income up to $27,000 (€24,000) a year, 5% up to $45,000 (€40,000) and 10% above that. The standard rate of the general indirect tax, Andorra's counterpart of value added tax, is 4.5%. The transfer from abroad itself is not taxed.
From family support to $1.2 million: documents for a bank in Andorra
Up to $10,000. The payment purpose is enough: rent, children's study, family expenses.
$10,000-100,000. The bank will ask for 6 months of statements and a document on the money: a sale contract, an income certificate or a gift agreement.
From $100,000. You need a pack on the origin of the wealth and the purchase or investment contract; details are in proof of source of funds and sending large sums abroad, and moving capital step by step is on the capital relocation page. Transfer terms for such a sum are available from a manager in the chat.
From Andorra la Vella to Spain, Portugal and Switzerland
Money goes to Spain and Portugal under single euro payments area rules in a business day, with no exchange. To Switzerland the payment goes in euros or francs, and the recipient's bank credits it to the account in the right currency.
Sending money to nearby countries
- How to send money to Spain
- How to send money to Portugal
- How to send money to Monaco
- How to send money to Italy
- How to send money to Liechtenstein
- How to send money to France
All countries and moving capital step by step are in the capital relocation section.
FAQ
What tax does a non-resident pay when buying a home in Andorra?
How much do you need to invest for residence without work in Andorra in 2026?
What is the highest income tax rate in Andorra?
How long does a transfer from Spain to Andorra take?
We will suggest the best way to send your money
We will choose a transfer method for your amount and country, prepare the documents on the origin of the money for the bank, make the transfer through licensed partners and follow it until the money is credited. Ask your question in the chat - the manager will suggest the best terms and the cost. The legal side with banks and government bodies is handled by Murblz specialists and locally licensed partners.
Details and cost are with the manager in the chat. Describe your situation and we will reply right away.
Check transfer termsHow we handle a transfer: 4 stages → · Country rules checked