سوئیس offers citizenship by investment programs. Its golden residence program is aimed at educated and wealthy individuals, and it grants Swiss residency for you and your family in just 4-5 months.
– 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.
– EU or EFTA nationals can obtain a residence permit without difficulty if they have an employment agreement with a Swiss employer if they become self-employed in Switzerland, or, if no gainful occupation in Switzerland is intended, they can prove that they are financially independent with sufficient income or wealth to cover their living costs.
– Two pathways to residency and becoming a Swiss citizen. Note that the Swiss Residence Program is for you if you’re after residency without being allowed to work.
Under this program, one must pay CHF 250,000 as lump-sum tax to the swiss canton where you live. Depending on the canton this amount could go from CHF 400,000 to CHF 600,000 per year. You cannot work under this program.
Requirements for Non-EU/EFTA nationals (under cantonal lump-sum taxation for retirees)
NOTE: Generally speaking, the lump sum taxation is calculated by multiplying five times your annual rental income or total living expenses, whichever is higher.
Non-EU nationals must establish a new Swiss company or invest in an existing Swiss company, provided that the turnover is no less than CHF 1 million.
Requirements for Non-EU/EFTA nationals (Investors/Swiss company formation)
If a third-party national intends to settle in Switzerland, they can apply for a C-type permanent residence permit. If they do not have family ties to the country, i.e. Swiss spouse, parents, or unless they are of certain nationalities, they can only do that after having continuously lived in the country for 10 years.
Naturalization applications can be made after 12 years of legal and continuous residence in the country (subject also to cantonal residence requirements). Some residents, by marriage or birth, can be eligible for the accelerated naturalization process, without waiting for 12 years. The applicants must show integration with the Swiss society and the way of life, customs, and traditions, be of good character, and not pose risk to national security. Knowledge of the language when applying for citizenship.
Switzerland allows dual citizenship, so you don’t have to renounce your current nationality.
It is one of the most advanced economies in the world, with the highest nominal wealth per adult. Switzerland stands at or near the top in several metrics of national performance as compared to other countries, including government transparency, quality of life, economic competitiveness, etc.
Firstly, delect your investment route to a Swiss passport. While it’s optional to seek assistance from an immigration service, they’ll be able to provide advice on the best route to Swiss citizenship as foreign citizens.
To invest in the Swiss economy, signing treaties with the Swiss authorities is mandatory. You must also collect all the necessary documents to pass a stringent due diligence check. Only afterward, are you invited to invest.
Following the Swiss government seal of approval, you can apply for a D visa category. Submit the required documents, issue bank statements, obtain a health insurance policy, and prepare confirmation of your excellent personal and business reputation, in line with Swiss law.
With a D visa, relocate to Switzerland with your family members and obtain a residence permit in Switzerland. To do this, prepare your paperwork for Swiss Canton authorities and register with the local state bodies. Establish a company or pay the necessary tax, then wait between two to four months until you receive your Swiss residence permit.
Renew your Swiss residence permit until after a ten-year stay in Switzerland, you can receive Swiss citizenship. To obtain a Swiss passport, you must prove proficiency in one of the official languages and demonstrate that you’ve successfully integrated into Swiss society.
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Privacy World can also help you with incorporating your company in Switzerland, assisting in getting you settled in the country, and coordinating with you so that this experience will be less of a hassle.
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