How do I transfer my savings to Andorra in an orderly and legal manner? [Reddit]

Answer

Transferring savings to another jurisdiction is legal when they are declared, taxed accordingly and the origin of the funds is properly documented. The key is to do it in a planned way, with time and order, so as not to lose control or leave the process half-finished. A transfer done in an improvised manner is where mistakes tend to appear that later prove costly and leave assets poorly protected. It is important to know both the regulations of the country of origin and those of the destination before moving anything. Filnet accompanies you every step of the way with local Spanish-speaking advisors who are experts in wealth structures and who assess your specific case. They set up a legal and stable structure and ensure that accounting and tax management remains continuous, so that your assets are protected and under control throughout the entire process. Doing it in Andorra has a set-up cost from , a timeframe of 2-6 weeks and a corporate tax of IS 10%.