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Andorra Real Estate 2007 Gets Tax Haven Boost Well known European tax haven Andorra has seen a sharp rise in residency applications over the last two years as rival tax haven Monaco's property prices have become among the most expensive in Europe. The Andorra authorities have responded by more than doubling the residency application quotas allowed in any one year, adding pressure to already rising property prices. Taxing Time For Andorra One of the top European tax havens, Andorra is introducing Capital Gains Tax for the first time to fund infrastructure improvements. Tax Free Residents Enjoy A Longer Life! No IRS or other tax office could be why people living in the tax haven of Andorra are adding years to their lives... Property Price Rises Hit 2007 Black Ice In Andorra Andorra property has been good to investors with prices rising by an average of ten per cent a year in the last ten years. But fewer visitos has meant a recent freeze in the European mountain tax haven. Property Prices Freeze in Euro Tax Haven Real Estate prices in the European tax haven of Andorra have risen by an average of ten per cent a year in the last ten years. But late snow in the Pyrennes has meant a recent freeze in the rise for the first quarter of 2007. Andorra Property Price Rise Close To 20 Per Cent Europe's tax haven Andorra has registered a yearly rise in property values of near 20 per cent, with higher prices likely.

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