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There are different types of residence categories in Switzerland, and a distinction is made between EU or European Free Trade Association (EFTA) citizens and non-EU or non-EFTA nationals.

 

Non-EU citizens is granted a residence permit on the basis of retirement, investment or business purposes.

 

Requirements for Non-EU/EFTA nationals (under cantonal lump sum taxation for retirees):

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• Adequate financial resources : Applicant must have an annual revenue of at least CHF 600,000 depending on the canton of choice

• Adequate health insurance.

• Adequate residential space : Rented or purchased residence in Switzerland.

• Applicant must not have a work in Switzerland under this program.

• First time residence in Switzerland: Foreigner shouldn’t have resided in Switzerland for the last 10 years.

• Must be above 55 years of age and prove adequate financial means.

• Persons applying for this program need to produce long list of identification documents, besides having clean criminal record and good moral character.

 

*The annual tax is based on the applicant’s expenditure (usually computed five times of annual rent)

 

Requirements for Non-EU/EFTA nationals (Investors/Swiss company formation) :

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• Minimum investment of CHF 1,000,000.00 turnover of the company

• Applicant must not have a work in Switzerland under this program.

• First time residence in Switzerland: Foreigner shouldn’t have resided in Switzerland for the last 10 years.

• Persons who apply for this program should be above 18 years of age.

• Persons applying for this program need to produce long list of identification documents, besides having clean criminal record and good moral character

 

Applicants must comply with the following requirements:

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• Main applicant must be 18 years and over.

• Clean criminal record and no breaches of immigration or other laws.

• Good character.

• Relevant qualification and experience.

• Availability of funds if applying as a self-sufficient person.

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The Advantages of the Swiss Residency Programme:

 

• Spouse & Children under 18 can be included.  

• Quick processing time of 2-4 months between submission and receiving residency.

• Applicant is not required to declare worldwide income and assets.

• As soon as residence permit is granted, applicant and his family will have full visa-free access to all 26 countries of the Schengen area in Europe.

• The opportunity to invest in or purchase of real estate property in Switzerland without prior approval of Swiss authorities.

• Opportunity to Obtain Swiss Citizenship after 12- 15 years (the decision to grant citizenship is totally at the discretion of the Swiss government and is not guaranteed).

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Permanent Residency is granted after 10 years of living in Switzerland.

Naturalisation applications can be made after 12 years of legal and continuous residence in the country

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Application processing time: 2-4 months

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