Introduction to the regulated permits in Andorra for EU citizens
Regulated permits in Andorra are a key component of the new Association Agreement with the European Union (EU), aiming to integrate the country into the Single European Market while preserving its unique characteristics. This agreement introduces significant changes to migrant control for EU citizens who wish to reside or work in Andorra, with particular attention to residence permit regulations.
Migration control in Andorra with regulated permits
What do regulated permits in Andorra entail?
The new system of regulated permits in Andorra establishes a mechanism to orderly control migration flows from the EU. Permits will primarily apply to:
- Long-term workers.
- Temporary or seasonal workers.
- Individuals without employment activity.
On the other hand, students are exempt from this regulation, facilitating their access and mobility.
Annual quota of permits and migration management
The number of annual permits for EU citizens will be calculated based on a percentage of the average of the last five years. This system will allow Andorra to effectively control the number of new residents and workers, aligning its population and labor growth with the country’s capacity.
Impact of regulated permits on the Andorran banking sector
The Association Agreement not only regulates migration but also establishes gradual and controlled access for the Andorran financial sector to the European market over a period of up to 15 years. To do so, Andorra must comply with European financial regulations and strengthen its supervisory system.
- European authorities, such as the European Banking Authority (EBA), will supervise and audit the Andorran financial system.
- Ensuring compliance with anti-money laundering regulations.
- Banks will maintain an active presence in Andorra, avoiding operations solely from abroad.
Improvements in labor rights with regulated permits in Andorra
The agreement also aims to align labor conditions in Andorra with European standards, involving:
- Improvements in health and safety at work.
- Equality between men and women in the workplace.
- Prohibition of discrimination based on sexual orientation, disability, ethnic origin, religion, or age.
Furthermore, European directives on worker mobility and administrative cooperation will be implemented with transitional periods for progressive application.
Progressive integration of Andorra into the European Single Market
Thanks to regulated permits and other measures from the Association Agreement, Andorra is advancing toward gradual integration into the European Single Market, respecting its identity but adapting to European standards in mobility, financial oversight, and labor rights.
If you are considering residing in Andorra or learning more about its systems and regulations, this agreement is fundamental to understanding the new legal and fiscal framework affecting EU citizens.
Conclusion
Regulated permits in Andorra represent an important change in the country’s migration management, aimed at balancing population growth with economic and social capacity. For those wishing to live, work, or invest in Andorra, it is essential to understand these changes to plan their relocation and adapt to the new regulations.
For more information about living and working in Andorra under this new context, you can visit our guides on living in Andorra and taxation in Andorra.