The parliamentary, democracy of Andorra is a small, landlocked country on the Iberian Peninsula occupying approximately 468 square kilometers. It is a co-principality, meaning it has two heads of state consisting of two co-princes; the President of France and the Bishop of Urgell. The principality has seven administrative and geographic districts/parishes that form villages and cities such as Andorra La Vella its capital. Andorra, the country of the Pyrenees Mountains, is located in Southwestern Europe, and nestled between Spain (to the south) and France (to the north). This independent principality is over 1,000 years old and was incorporated as a country in the mid-9th Century.

Moreover, it is the fifth-smallest country in Europe and the sixteenth smallest worldwide. It comprises a population of about 85,000, with only 30% of Andorran descent. Moreover, its economy relies heavily on banking and tourism. The banking sector attracts significant investments and benefits from its status as a “tax haven.” Additionally, tourism, ski resorts, tax-free shopping accounts for about 80% of its revenue. However, its export sector manufactures goods such as textiles, electronics, and machinery accounting for 60% of its exports.