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Andorra has no monetary unit of its own and the Euro has been the official currency from January 2002. Visitors from non Euro countries are advised to bring travellers' cheques or Eurocheques and to cash them in Andorra as the exchange rate is usually better than in other European countries. Credit cards e.g. Amex, Visa & Access are accepted in many establishments.
With the absence of taxation one would expect to find an extremely high cost of living, such as in Switzerland. Happily this is not the case in Andorra. One can maintain a very comfortable standard of living considerably cheaper than in the UK, Germany, etc. Due to the active import and export business in Andorra, goods and delicacies from all over the world are available in most of the large supermarkets and department stores.
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DISCLAIMER: Nothing on this web site should be interpreted as legal advice or as a buy, sell, hold or other investment recommendation. Visitors are strongly urged to consult with a qualified legal or financial advisor before making any decisions. Neither Expat Focus nor any person involved with the running of this website can be held responsible for any decisions made by our visitors.