Trust in a country with sound politics and a robust economy
Andorra stands out for its political stability, its peaceful social environment, no history of civil unrest, and a robust legal system that provides companies and investors with safeguards to protect their rights and capital.
Andorra’s per capita income is higher than the EU average and its unemployment rate is one of the lowest in Europe.
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Average monthly salary: €2,193.05
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Unemployment rate: 1.3%
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Nominal GDP per capita: 40,511 euros
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Fitch rating A-, stable outlook
The economic and financial development of Andorra
Economic diversification
The Andorran government has put policies in place to modernise the country and diversify the economy. It promotes sectors such as luxury tourism, technology, education and health services. These initiatives offer new opportunities for investors looking to get involved in emerging sectors.
Trade agreements
Although it is not a member of the European Union, Andorra has bilateral agreements with the EU and other countries to facilitate international trade and access to European markets. That fact that the euro is the official currency makes international transactions easier.
Robust financial sector
The Andorran banking sector has modernised and adopted international transparency and anti-money laundering regulations.
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