Monday, 1 August 2011
Andorra - Where The Taxes Are Low - And So Is The Availability
If you're considering moving to a tax haven, Andorra has a lot going for it.
It has the same tax benefits as better known Monaco, but the properties (you need to have a property to gain Andorra residency) is around a quarter of the price.
The government issues so many residency places at a time, last time it was 500, and when they run out there's a wait for up to a year bfore a new batch is issued.
There's less than 200 left before Parliament needs to grant some more, so for anyone who wants to consider Andorra for tax purposes, the message is - don't leave it too late!
For more information click through to this Andorra blog