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Andorra's residency route for entrepreneurs running real businesses inside the country. €15,000 INAF deposit plus Andorran company incorporation with 33%+ ownership stake — far cheaper than Passive Residence's €600K investment requirement. The structural trade is real business operations rather than passive capital deployment. Andorra's tax structure is exceptional: 10% personal income tax ceiling, 10% corporate tax, 4.5% VAT, no wealth tax. For US, UK, EU founders, crypto operators, SaaS solopreneurs, and senior consultants who want tax-efficient EU-adjacent base while maintaining active business operations.

A non-working residency in Europe's smallest tax haven. Lock €600,000 into Andorran assets, spend 90 days a year there, and your personal income tax tops out at 10%.

A 6-month renewable nomad permit for Buenos Aires and beyond. Modest income requirement, friendly bureaucracy, and a cost of living that's volatile but generally favorable for foreign earners. Doesn't lead to citizenship — for that you want the Rentista.