Andorra la VellaFootball player Lionel Messi has created one family office in Andorra to centralize the management of its heritage in the Principality. This type of business structure is common among the high net worth, as it allows for personalized and efficient management of family investments and assets, including properties, businesses and investment plans.
Messi’s new office, located in the Andbank Business Center in Escaldes-Engordany, occupies 400 square meters and already has two employees. The goal is to manage businesses that the player already has in Andorra, such as a hotel, a luxury restaurant and investments in the banking sector. In addition, it allows you to explore new opportunities in a country that offers very competitive tax advantages.
According to LaVanguardia, despite this, the bulk of Messi’s business remains in the United States, where he resides for tax purposes and where he has another family office. It manages investments in sports, fashion, technology and media. Messi also owns considerable property assets in Europe, including hotels and high-value residential buildings.
Andorra has become an attraction for large fortunes thanks to its advantageous taxation, with direct taxes that do not exceed 10%, well below the rates applied in Spain or France. This legal framework, recognized by the European Union and the OECD, allows investments to be structured more flexibly.
Messi’s advisers have emphasized that the creation of this office does not imply a change of residence, but rather responds to a business strategy to diversify and optimize the management of its global assets.