Residence Visa Switzerland
Switzerland is the most immigrant-friendly country and has been a dream destination and most sought after country for high standards of living, world-class infrastructure, political neutrality & freedom, and an attractive destination for retirement, business investors, and wealthy individuals. Switzerland has always been an expensive country to live in.
Although average individual wealth in the country dropped by 13 percent since last year, the Swiss remain the wealthiest people in the world, according to the annual Global Wealth Report from Credit Suisse. The high value of the franc played a significant role in launching the Swiss to the top of the wealth index, according to the study, propelling net worth per adult in Switzerland to unprecedented levels when measured in US dollars. The average wealth per inhabitant, as measured by the study, was USD 468,000 and has more than doubled since the year 2000 when measured in dollars.
Benefits and Advantages
- Travel visa-free in Europe
- Privacy and Freedom
- Ideal for Retirees and Wealthy families
- Investment or purchase of real estate property
- Choice of Swiss Canton, Location
- Swiss Residence Permit
Procedure and Conditions for Switzerland Residence Visa
There are different types of residence categories in Switzerland, and a distinction is made between European Union and European Free Trade Association citizens (EU/EFTA citizens) and other foreign persons (non-EU/EFTA citizens).
The key requirements are to have either employment in Switzerland or to be a person of independent financial means. Non-EU/EFTA citizens may obtain a residence permit on the basis of gainful employment (subject to a strict quota regime), as retirees with pre-existing close ties to Switzerland, or as financially independent persons who are not gainfully occupied in Switzerland and pay considerable amounts of annual taxes. For non-EU nationals, a Swiss residence permit gives visa-free access to the Schengen area if their citizenship of origin does not already provide this privilege.
Persons who apply for this program should be above 18 years of age, and those who seek a residence permit under retirement must be above 55 years of age and prove adequate financial means. Persons applying for this program need to produce a long list of identification documents, besides having a clean criminal record and good moral character. Foreign citizens who have a Swiss residence permit are allowed to buy real estate property, such as an apartment or a home, without the need for prior approvals in Switzerland. It usually takes about 3-4 months to get a residence permit in Switzerland.
Taxes Policy in Switzerland
The Swiss tax system is very much in line with the country´s reputation as a center for international trade and finance. Many tax privileges have been introduced to attract foreign investment to Switzerland, while there are very few restrictions on Swiss investment abroad. Switzerland also has an extensive network of treaties for the avoidance of double taxation.
We offer a fixed fee Swiss residence program, where it is possible to get a residence permit in Switzerland upon paying an annual lump sum taxation fee—a minimum of USD 250,000 yearly or more, depending on the Swiss canton except Zurich. This annual tax fee may go up to CHF 1 million or more depending on the canton, and it is irrespective of family worldwide income or assets. The Swiss residence permit is offered to persons of various categories under retirement, wealthy individuals, or as a business employee, where it normally involves setting up a Swiss company. Under the lump sum taxation, there is no need to declare worldwide income and assets.
We expect our clients to have a minimum of USD 250,000 or more (CHF 200,000) at their disposal before applying for the Swiss residence program (corporate or lump sum). The most popular Swiss cantons for this program are Appenzler, Bern, Geneva, Fribourg, Graubunden, Jura, Nidwalden, Schwyz, St. Gallen, Vaud, Valais, Lucerne, Slothurn, Obwalden, Thurgau, Ticino, Zug.
Further Information
For more information on how to obtain a residence permit in Switzerland, please contact us.
Our outstanding team of professional consultants has been carefully selected and works towards our company ethos:
Focused on you – our Client.
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If you have any more questions about the Swiss Residence Program, please get in contact with us.