MORE ABOUT Switzerland

Switzerland's Economic Residency

Economic Residency in Switzerland (also known as the Swiss Residence Program through lump sum taxation) offers a favorable tax regime to wealthy foreign individuals who are not employed in Switzerland but wish to reside in the country.

Statistics

Switzerland - Economic Residency

Discover Economic Residency in Switzerland

The Swiss Residence Program through lump sum taxation provides a pathway to residency for high-net-worth individuals looking to base themselves in Switzerland. This program is designed to attract wealthy foreigners who contribute to the Swiss economy through their spending and investments.

Minimum Income Amount

Varies by canton, typically starting from CHF 400,000 annually

Visa-Free Travel Countries

177

Months to Visa

2-6 months

Overview

A Snapshot of Economic Residency in Switzerland

A route to residency for wealthy individuals in Switzerland

Eligibility Requirements

Non-Swiss citizens not engaged in gainful activity in Switzerland

Anchor Ancestor restrictions

Months to citizenship

Length of Visa

Renewable annually, can lead to permanent residency after 10 years

Months to Visa

2-6 months

Physical Presence Requirement

Minimum 6 months per year in Switzerland

Availability

Limited

Family Allowance

Spouse and children

Overview

Benefits of Economic Residency in Switzerland

Economic Residency in Switzerland (Swiss Residence Program through lump sum taxation) offers numerous advantages for wealthy individuals looking to establish their presence in one of Europe's most stable and prosperous countries.

  • Favorable tax regime based on living expenses rather than worldwide income
  • Access to world-class healthcare and education systems
  • High quality of life and personal safety
  • Central European location with excellent transportation links
  • Possibility to obtain permanent residency after 10 years

How to Apply for Economic Residency in Switzerland

Apply to the cantonal migration office in the chosen canton of residence

Overview

Requirements for Economic Residency in Switzerland

To qualify for this program, applicants must meet specific criteria demonstrating their financial capacity.

  • Be a non-Swiss citizen
  • Not engage in any gainful activity in Switzerland
  • Have not been resident in Switzerland in the last 10 years
  • Demonstrate sufficient financial means
  • Pay an agreed annual lump sum tax, negotiated with cantonal authorities
  • Maintain a primary residence in Switzerland

Overview

Documents Needed for Switzerland's Economic Residency

Valid Passport

Proof of financial means (bank statements, investment portfolios)

Health insurance coverage

Rental agreement or property purchase contract in Switzerland

Birth certificates for dependent children (if applicable)

Discover How GlobalPassport Simplifies the Application Process for Switzerland's Economic Residency

Step-by-Step Guidance

Our experienced team will guide you through each stage of the application process, offering personalized assistance tailored to your needs.

Document Preparation

We'll help you gather and organize the documents you need for applying.

Application Submission

Once your documents are ready, we'll let you know where and how to submit your application to the relevant authorities.

FAQs about Switzerland's Economic Residency

How is the lump sum tax calculated?

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Can I work in Switzerland under this program?

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Are there restrictions on which cantons offer this program?

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How often do I need to renew my residence permit?

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Can I apply for Swiss citizenship under this program?

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Why Switzerland

Switzerland offers a stable political and economic environment, high quality of life, and a favorable tax regime for wealthy individuals.

Benefits:

  • Political and economic stability
  • Strong banking secrecy laws
  • High standard of living

Advantages:

  • Central European location
  • Multilingual environment
  • Excellent infrastructure and public services

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