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Opportunities are available in Europe, The Caribbean & The Far East.
Latest Jobs in Andorra
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Hedge Funds |
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AP Group |
| HEAD OF FUND SERVICES – JERSEY/GUERNSEY
Ref: 20307
els.ternest@ap-executive.com
Direct line:... |
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Is Andorra right for you?
Andorra, officially The Principality of Andorra, is a small landlocked country in western Europe, located in the eastern Pyrenees mountains and bordered by Spain and France. Once isolated, it is currently a prosperous country mainly because of tourism and its status as a tax haven.
Population
Andorra has a population of approximately 72,000.
Political Structure
Andorra is a co-principality with the President of France and the Bishop of Urgell, Spain as co-princes, in a duumvirate. The politics of Andorra take place in a framework of a parliamentary representative democracy, whereby the Prime Minister of Andorra is the head of government, and of a pluriform multi-party system. Executive power is exercised by the government. Legislative power is vested in both the government and parliament. The Judiciary is independent of the executive and the legislature.
Responsibility for defending Andorra rests with Spain and France. Andorra currently has no military force.
Infrastructure and Economy
Tourism, the mainstay of Andorra's tiny, well-to-do economy, accounts for roughly 80% of GDP. An estimated 9 million tourists visit annually, attracted by Andorra's duty-free status and by its summer and winter resorts. The banking sector, with its tax haven status, also contributes substantially to the economy.
Andorra is not a full member of the European Union, but enjoys a special relationship with it, such as being treated as an EU member for trade in manufactured goods (no tariffs) and as a non-EU member for agricultural products.
Language
The primary language is Catalan.
Currency
Legal tender in Andorra is the Euro(€).
Exchange Control None.
Law
Based on French and Spanish civil codes. There is no judicial review of legislative acts. Andorra have not accepted compulsory ICJ jurisdiction.
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Disclaimer
The materials contained on this web page are provided for general information only and do not constitute any form of legal definition or advice. IFC Recruitment assumes no responsibility for the accuracy of any particular statement and accepts no liability for any loss or damage which may arise from reliance on the information contained on this site.
References
1. Wikipedia profile: Andorra
2. CIA World Factbook entry: Andorra
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