| Legal Flash| March 2025 | «The Andorran Parliament approves an Act aimed to implement significant changes to Foreign Investment, Real Estate, Taxation and Immigration regulation» |
On 29 July 2024, the Andorran Government approved a draft law aimed at ensuring the right to decent and affordable housing and implementing a model of demographic, touristic and territorial sustainable growth (the “Draft Law”) .
On 6 March 2025, the Draft Law was passed by the Andorran Parliament (“Consell General”).
This new piece of legislation (the “Act”) will enter into force fifteen days after its publication in the Official Gazette of the Principality of Andorra, what we expect it will take place within the month following this approval. As to the assignment of empty homes, the Act will enter into force six months after.
The Andorra office team analyses the new act.