The Swiss Residence Program is specifically tailored for non-EU/EFTA nationals. This initiative caters to financially independent individuals who, although not engaged in employment within Switzerland, are willing to meet a predetermined minimum annual tax contribution. This program extends eligibility for a residence permit irrespective of the applicant's age.
Investment
Minimum annual taxes of CHF 250,000, dependent on the applicant and the canton of residence
Processing time
Three–six months
Key benefit
The right to live and study in Switzerland
In Switzerland, various residence categories exist, with a clear differentiation between EU or European Free Trade Association (EFTA) citizens and non-EU or non-EFTA nationals. EU or EFTA nationals can readily secure a residence permit by either entering into an employment agreement with a Swiss employer, establishing self-employment in Switzerland, or demonstrating financial independence with adequate income or wealth to cover living expenses if no gainful occupation in Switzerland is pursued.
For non-EU or non-EFTA nationals, the process for obtaining residence is more intricate but remains achievable. The Swiss Residence Program has been devised leveraging current Swiss immigration and tax laws and regulations.
For detailed insights into the relocation process to Switzerland, feel free to download our comprehensive Swiss Relocation Guide.
At Tisoro Global' Swiss partner office, we offer expert guidance and support for all your business endeavors in Switzerland. Our team is well-equipped to assist you with a wide range of services related to conducting business in the country. Over the years, we have successfully aided numerous foreign clients, including private entrepreneurs and multinational corporations, in establishing and managing their operations in Switzerland. From legal and administrative matters to ongoing support services, we are committed to helping you navigate the intricacies of doing business in Switzerland seamlessly.
Switzerland serves as the preferred location for the global, European, or regional headquarters, international finance companies, and research and development facilities of numerous major corporations worldwide. Notable examples include Amgen (European headquarters) in Lucerne, Kuehne + Nagel (international holding) in Schwyz, Philip Morris (European headquarters) in Vaud, Compaq Computers (European headquarters) in Zurich, and the IBM research laboratory in Zurich.
Beyond attracting large corporations, Switzerland actively seeks to appeal to small- and medium-sized enterprises and private entrepreneurs. Renowned for its business-friendly environment and tailored solutions, Switzerland accommodates a diverse range of needs and expectations. With 26 cantons, each offering unique advantages, Switzerland provides companies with a multitude of opportunities. Tisoro Global, through its well-established Swiss partner office, assists foreign corporations and investors in identifying the optimal business location within Switzerland.
While Switzerland is commonly regarded as an expensive destination accessible primarily to affluent individuals and large enterprises, the reality contrasts this perception. When assessing the cost of living and conducting business, Switzerland fares favorably in comparison to countries such as Germany, France, the Netherlands, and the USA. Remarkably, state-of-the-art infrastructure for transport, communications, energy supplies, and waste disposal incurs similar costs in Switzerland as those spent elsewhere on addressing issues like traffic congestion and environmental degradation.
When setting up a new business or subsidiary in Switzerland, you have the option to choose between establishing a branch office or forming a separate legal entity. This entity can take the form of either a limited liability company or a stock corporation.
Switzerland's financial system is underpinned by banking and insurance, making it arguably the most robust globally. Swiss banks and insurance firms are renowned for their exceptional safety standards, operating within a tightly regulated environment. These institutions offer sophisticated services to businesses and discerning investors, distinguished by their commitment to financial privacy, solid reputation, safety, and global reach.
If you have any inquiries or would appreciate a comprehensive breakdown of the specific costs for your family, please don't hesitate to reach out to us. We would be more than happy to assist you.
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