SWITZERLAND
General Benefits of Becoming Switzerland Permanent Resident
Safe living environment and highest standard of living in the world with beautiful landscapes
Ability to live, work and study anywhere in Switzerland
High level of Education and Healthcare
Entitlement for Switzerland’s child benefit
Eligible for complimentary public school for Primary and Secondary Level of student
Entitlement for the old-age pension once reaching normal retirement age (65 for men and 64 for women)
Visa-free travel to the Schengen countries for up to 90 days out of 180
Eligible to obtain Switzerland Citizenship after 10 years of permanent living in Switzerland. As the country’s legislation allows Dual Citizenship so you will not have to give up the first one unless it is mandatory under the law of your first citizenship country.
Residency by Investment
Company Formation (Corporate)
By forming a company that creates jobs and economic opportunities for local Swiss citizens. This shows that you are contributing to the economic development of Switzerland. The company’s owner is eligible to obtain resident status in Switzerland.
Lump Sum Taxation (Individual)
A lump-sum tax is the main item of the expenses of the investor. Its amount is calculated based on income, property, worldwide family expenses, and the requirements of the selected canton. The tax is paid annually as long as the residence permit is maintained.
The tax for non-EU citizens ranges from CHFs 450,000 to CHFs 1,000,000 per year. For EU and EFTA citizens, tax payments are lower
By paying a lump sum taxation fee to the Swiss canton, the investors are not required to declare worldwide income and assets to the Swiss authority. This is one of the main advantages of residency in Switzerland when compared to other high-tax countries.
Eligibility candidates are :
- Capable of confirming the legality of the income
- Has not lived in Switzerland for the last 10 years
- Ready to move to selected canton and not work in Switzerland
- No outstanding convictions
Swiss Permanent Residency and Citizenship
Permanent Residency (C Permit)
After you have lived in Switzerland for 10 continuous years, you will be eligible to apply for a Swiss Permanent Residence Permit (C Permit). You may be eligible to apply for Swiss permanent residence earlier in particular cases. For example, if you are the spouse of a Swiss national or a second-generation child resident.
Citizenship
After 12 years of permanent residence, you can apply to become naturalized as a Swiss Citizen. You may be eligible to apply for Swiss citizenship earlier in particular cases. For example, if you are the spouse of a Swiss national or a second-generation child resident.
Type of Permit
Permit L (short-stay permit)
This is a Swiss permit for short-term residence, valid for up to one year. It can be renewed, but only for a maximum of 24 months.
The Swiss L Permit is issued to immigrants who move to Switzerland to work in a specific job or company. If you have the L permit and wish to change jobs, you may not receive a new permit.
Permit B (ordinary residency permit)
The Swiss B Permit is for initial or temporary residence. It is issued for up to five years to EU/EFTA nationals, and for one year for non-EU/EFTA nationals. It can be renewed as needed.
It is called the initial or temporary residence because after having lived in Switzerland for 10 consecutive years with a B Permit, you can apply for a Swiss Permanent Residence Permit (Permit C).