Sunday, December 22

Tag: taxes

Finance

Ways to relocate to Andorra and reduce your taxes

Many are questioning how to avoid becoming the scapegoat in light of the present COVID-19-related economic and social upheaval as well as the impending tax rises in both Spain and Latin America. Andorra is usually brought up when discussing ways to avoid excessive taxation without having to relocate to a nation where the culture is drastically different from that of Hispanics. Read More: vivre en andorre à la retraite Consider the savings a high earner might experience if they paid less than 10% in taxes to the Andorran government rather than over 50% in Spain. It's amazing, isn't it? What is Andorra, though? For those of you in Latin America who might not know, Andorra is a little nation in the Pyrenees that is less than three hours' drive from Barcelona. It has long been re...