Andorra

Tiny, landlocked Andorra sits almost hidden in the high Pyrenees between France and Spain. A co-principality since the 13th century, mountainous Andorra has two princes as heads of state: France’s president and Spain’s Bishop of La Seu d’Urgell (a historic town just south of Andorra). The country adopted a democratic constitution in 1993, creating a parliament and limiting the power of the co-princes. The economy is based on taxfree shopping, tourism, and international banking.