In December 2014, Andorran President Antoni Martí paid a visit to Mexico to attend the 24th Ibero-American Summit in Veracruz City.
[4] Andorra, being known as a tax haven; there have been situations where some Mexicans have traveled to the nation to open bank accounts in the country to either hide and/or launder money.
In 2016, Banca Privada d'Andorra was discovered to be holding $6 million USD in a private bank account of a Mexican congress man from the state of Sinaloa.
[5] In 2017, a Mexican ambassador in Uruguay, Francisco Arroyo Vieyra, was found to have hidden $1 million USD in an Andorran bank account.
[6] In 2023, it was discovered that a former Mexican governor from the state of Sinaloa, Juan Sigfrido Millán Lizárraga, hid $4.5 million USD in an Andorran bank account.