Economy

SICAVs in Andorra: the complete guide to Andorra’s collective investment vehicles

What is a SICAV in Andorra, and how does it actually work? This guide breaks down the legal framework behind Andorran collective investment vehicles — from Llei 10/2008 and AFA supervision to minimum capital requirements, the 2023 fiscal-transparency reform, and how a SICAV now fits into Andorra’s 2026 passive residency rules. Written for investors, advisors, and anyone researching how Andorra’s investment-fund regime actually works.

EconomySociety

The Andorra–EU Association Agreement and Migration: What the text says and what it means

The Andorra–EU Association Agreement does not create unconditional free movement of people. Instead, it introduces a regulated, quota-based system — similar to Liechtenstein’s model — that lets Andorran citizens live and work across the EU while allowing Andorra to retain control over residency approvals, security vetting, and immigration caps. As of August 2026, the agreement is still pending final EU ratification and a national referendum in Andorra, with migration remaining the most contested part of the entire deal.

EconomyTechnology

AndUp Foundation launches to accelerate Andorra’s Startup ecosystem and position the country as a hub for innovation

The launch of the AndUp Foundation marks a significant step in the evolution of Andorra’s entrepreneurial ecosystem. Created to support startups that have already validated their business models, the foundation seeks to connect founders with investors, mentors and strategic partners while contributing to the country’s long-term economic diversification and innovation ambitions.