Investing in crypto-currencies in Andorra
Discover our support
The integration of crypto-currencies into fintech has diversified the banking offering. Since 2020, the Franco-Andorran community of crypto traders has been growing. The Principality of Andorra offers a more favorable regulatory and tax environment than in Europe.
OR
Crypto-currency tax rate at 10 %: the lowest in Europe
In France :
Holders of Bitcoin, Ethereum and cryptocurrencies ? Pay now :
Flat Tax : 30% (on capital gains/losses)
Tax on assets (for digital assets).
In Andorra :
Crypto income? Often subject to IRPF up to 10% (if net income > €3,000). Valid for Andorran tax residents.
Company management? Tax rates : max 10% on profits.
Source and traceability of funds
Crypto-currencies: Their financial potential is undeniable.
Some Andorran banks may be reluctant to open accounts in this field. It is therefore It is compulsory to justify the source of funds and keep a detailed record of your transactions. as part of the fight against money laundering or terrorist financing.
Andorra's constantly evolving legislation
Visit Principality of Andorra is moving towards an economy based on new technologies, e-Sports and digital assets. The Andorran government plans totax-exempt income from crypto-currencies, thus promoting the development of the blockchain technology. This legislative change should follow the updating of the Law 35/2014 on electronic trust services.
For trading: one of the best Internet connections
The Andorran government considers Internet access to be a "universal service". Today, Andorra boasts one of the most advanced Internet coverage systems in the country. Fiber optics supply all buildings with speeds of up to 700 Mbps for private users and up to 1 Gbps for businesses. The continuity and responsiveness of crypto-currency trading can be guaranteed.
To mine bitcoins: the price of electricity is competitive
If you're looking for a property investment in Andorra, explore the various options available, including luxury chalets and traditional homes. La Massanaclose to Pal and Andorre-la-Vieille, offers attractive prices compared to the capital. Take time to examine each parish to find the one that best suits your needs. Take this opportunity and develop your real estate portfolio today.