Hi, any plan for Andorra to join the EEA or EFTA zones in the future ? Online, I can only see mentions of “association agreements” negotiations happening with the EU at the moment, that are tentatively said to end around 2020.
Join EEA or EFTA zones ?
ViroMajor
18 May 2019 11:03:21
45
Cynic
18 May 2019 11:14:37
7386
Hi and welcome to the Forum.
No, Andorra has no plan to join the EU, EFTA or the EEA. There is a trade agreement in place with the EU, but only for manufactured goods. Andorra has kind of adopted Schengen, but only for citizens who have the right of entry into Spain or France.
Hope this helps.
Cynic
Expat Team
ViroMajor
18 May 2019 11:32:31
45
Hello & thanks for your input !
That's what I thought. Being part of the EEA would have opened up to some banking opportunities. After having researched offshore options, Andorra gets often rejected.
Guess you can't win on all fields !
Have a nice day
Subscribe to this topic
Open a bank account that suits you
Discover the best international banks to manage your money securely.
"