Switzerland is practically an ideal place for living and doing business, which is why it enjoys stable popularity among investors, businessmen, and affluent residents.
Advantages of moving to Switzerland
The economic aspect is characterized by stability and resilience - the country ranks second among European countries in terms of GDP per capita and household income level after all tax obligations are settled.
According to surveys, Swiss citizens themselves rate their satisfaction with life at 9.6 out of 10, which puts the country among global leaders alongside Denmark, Norway, and Finland.
The main advantages of living in the federal republic:
- Superior quality of life. Local residents are characterized by longevity, which is attributed to economic stability, excellent medical services, and a beautiful ecological environment.
- The opportunity to visit more than 185 countries visa-free, travel freely to Schengen Agreement countries, the United States, Japan, and Canada. With a Swiss passport, one can live, work, or start a business in any Schengen Agreement country without hindrance.
- Favorable tax legislation for businesses and ordinary citizens - optimal tax regime, no need to declare income earned abroad.
- The opportunity to store and grow funds in a reliable banking sector. Each client can count on security and complete confidentiality.
- The chance to provide children or personally receive an excellent education at the best universities in the European Union.
How to obtain a Swiss residence permit?
Obtaining a residence permit is the first and most important step in the immigration process for the applicant. The new status will allow legally staying in the country for more than 90 days. Residence permits can be obtained for various purposes:
- obtain a residence permit for financially independent individuals - live in the country by receiving a stable income from another state. The status can be obtained in 6 months provided an annual lump-sum tax payment of CHF 450,000 or more. The final payment amount depends on the region where the applicant will live and is calculated on an individual basis;
- sign an employment contract with a Swiss company;
- enroll in a local university;
- start a business project in the federal republic;
- move to Switzerland to be with a spouse.
The application for a residence permit allows including a spouse and children under 18. Throughout the validity of the residence permit status, the applicant and their family can legally reside in the country. The status can be extended for another year if obligations have not been violated and the applicant has been in the country for at least 183 days per year.
It is impossible to obtain a residence permit in Switzerland based on the purchase of real estate, but after obtaining this status, one can count on rental or purchase options. Without a residence permit, it is practically impossible for a foreign resident to buy real estate; special permission must be obtained and approved. Such permission can only be granted for property intended for recreation, and not in every canton.
Swiss residence permit - priority requirements for the applicant
To obtain a new status, it is necessary to:
- be an adult citizen without a criminal record;
- show sources of income and confirm that they were not obtained by criminal means;
- reside in the country for more than 183 days per year;
- not be employed (exception - obtaining a residence permit under a contract with an employer);
- pay an annual lump-sum tax.
Swiss citizenship - features of passport issuance
Citizenship can only be obtained through naturalization. Foreigners can apply for naturalization rights after 10 years of residency in the country, and the last 3 years before that must be spent permanently in the territory.
It is important to prove that the applicant and their family have fully integrated into local society, mastered the Swiss way of life, and are fluent in one of the national languages. The procedure for obtaining citizenship is regulated by the rules of the canton where the applicant resides.
Since local legislation does not prohibit holding two passports, there is no need to renounce native citizenship (unless it is against the law of your country). Children aged 8-18, residing in Switzerland, benefit from a special privilege: one year of residence counts as two. They only need to live in the country for 6 years to become citizens.
If you are interested in the possibility of obtaining a Swiss residence permit and moving to this beautiful country, contact the licensed agency GARANT.IN. We provide qualified services for obtaining residence permits/citizenship in accordance with the current requirements of the legislation of the country you have chosen. We will help you collect the necessary document package, correctly prepare, submit within the agreed deadlines, pass reliability checks, select real estate, and solve any other tasks in a short time. We provide only real deadlines and conditions!
