Andorra la Vella is the capital of the Co-principality of Andorra, and is located high in the east Pyrenees between France and Spain. It is also the name of the parish that surrounds the capital. The principal industry is tourism. Furniture and brandies are local products. Andorra is in South Western Europe, between France and Spain. The climate is temperate with snowy, cold winters and warm, dry summers. The official language is Catalan. English, French and Spanish are also widely spoken. The main religion is Christianity. The economy of Andorra is reliant on tourism which accounts for roughly 80% of GDP. An estimated 9 million tourists visit annually, attracted by Andorra's duty-free status and by its summer and winter resorts. Andorra's comparative advantage has recently eroded as the economies of adjoining France and Spain have been opened up, providing broader availability of goods and lower tariffs. The banking sector, with its tax haven status, also contributes substantially to the economy. Andorra is modern and known for its skiing and adventure sports, as well as its culture, and traditions. Andorrans generally lead a healthy lifestyle and are proud of their environment. Business meetings are typically formal. Informal dress in public is acceptable. The security risk for expatriates in Andorra is low. Risks include low risk of petty crime, and driving in winter due to mountain roads and heavy snow. The currency of Andorra is the Euro (EUR). Banking is on a par with that of Western Europe and North America. Medical facilities are good, however the cost of treatment for expatriates from outside the EU can be high. The population of Andorra la Vella is 77,280 (2018 est.), while the inflation rate (CPI) is 1.5% for Andorra as at November 2017. For a single Expat, the personal income tax rate in Andorra is 10% on income above Euro 24,000 per annum.
Cost Of Living
The cost of living for expatriates / professional migrants in In Andorra la Vella, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports): Andorra la Vella as at 1 April 2018 is average in comparison to other places in the world. 1) Alcohol (where available) & Tobacco: Very Low 2) Clothing: Very High 3) Communication: Low 4) Education: Low 5) Furniture & Appliances: Low 6) Groceries: Average 7) Healthcare: Very Low 8) Household Accommodation: Low 9) Miscellaneous: Average 10) Personal Care: Very Low 11) Recreation & Culture: Average 12) Restaurants Meals Out and Hotels: High 13) Transport: Average Andorra la Vella is for example 19.1% more expensive than Houston TX for groceries, 9.4% more expensive for household costs than Kuala Lumpur, and 17.8% more expensive for transport costs than Dubai. The hardship premium for Andorra la Vella for an expat from Perth, is for example 10%, i.e. host location (Andorra la Vella) premium of 20% minus home (Perth) location premium of 10%. Andorra la Vella is ranked as a some hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in Andorra la Vella? Register subscribe to your home location and Andorra la Vella and run your personalised reports.