Switzerland is a mountainous country situated in Central Europe. The country offers beautiful diverse scenery with high peaks of the Alps, crystal clear lakes, rivers and glaciers.
Switzerland’s declared neutrality and its system of direct democracy grants political stability for the country. The country is not a member of the European Union, but has close ties with it.
Switzerland as one of the richest countries of the world with monetary stability and stable economy is a real safe haven for investors.
The Swiss healthcare system has an outstanding global reputation with highly qualified doctors and best equipped medical facilities. The country provides an excellent, internationally recognized education with public and private facilities as well.
Capital city: Bern
Area: 41,285 km²
Official language: German, French, Italian, Romansh
Dominant religion: Christianity
Currency: Swiss franc
Time zone: GMT+2
Switzerland offers several different residency by investment programs both for applicants from and outside the EU or European Free Trade Association (EFTA) regions.
Switzerland residency key benefits:
- freedom to live and study in Switzerland
- highly developed infrastructural and living environment
- political and economic stability
- highly renowned business environment
- favourable taxation
EU/EFTA nationals are entitled to live and work in Switzerland if they have an employment contract with a Swiss employer. Non-working EU/EFTA nationals can only obtain a residence permit if they have sufficient means to pay their living and (compulsory) health insurance costs. As a general rule, close family members of EU/EFTA nationals who have a Swiss residence permit are entitled to join them and reside in Switzerland.
Non-EU/EFTA nationals are only eligible for a work permit if they or their employer can show that they are specifically qualified for the position and there is no suitable person from Switzerland or the EU/EFTA to fill the job vacancy. Non-working EU/EFTA nationals are only eligible for a residence permit if they are over 55 years of age, have sufficient financial means and close ties to Switzerland, or if they are of particular economic interest to the canton in question, for example, because of the tax revenue they would bring or their business activities.
Family members of non-EU/EFTA nationals with a Swiss residence permit are also eligible for residence; however, the authorities exercise discretion when granting such permits.
Residency for non-EU applicants can be secured two ways:
- forming a company that creates jobs and economic opportunities for local Swiss citizens
- paying an annual taxation typically between CHF 150,000 and CHF 1 million depending on the chosen canton
- clean criminal record
Swiss citizenship key requirements:
- In order to obtain Swiss citizenship, foreigners must first obtain a naturalisation licence by successfully completing a citizenship test.
- The requirements for eligibility for the test are 10 (ten) years of residency on a permanent residence permit and successful integration in Switzerland. To satisfy the integration requirement, applicants must be able to communicate in at least one of the national languages spoken in their municipal community of residence and must respect the fundamental principles of the Swiss constitution.
- The naturalisation process is governed by federal, cantonal and, at times, municipal law. As a result, the practicalities of the process can vary considerably across the country.
Contact Primus Wealth’s immigration experts to secure your Swiss residency by designing the optimal residency by investment solution for you meeting your goals and needs.