Residence permit in Switzerland

RESIDENCY IN SWITZERLAND BY REGISTERING A BUSINESS OR BY A TAX AGREEMENT

Switzerland is known worldwide as the country of banks, clocks, and cheese. It is a country with one of the strongest and most stable economies on the globe.

It is located at the center of Europe, and while it is not a EU member country or part of the Schengen area, it is open to visitors who have a Schengen visa or residency permit. The country is also not a member of the EEC and is thus economically independent of the European Union, which brings certain advantages for doing business and managing one’s finances.

Swiss law offers two accessible ways to acquire a long-term residency, namely obtaining a residency permit for company owners or by concluding a tax agreement.


Advantages of residency in Switzerland

  • Live in Europe year-round and move around visa-free – Temporary residency in Switzerland gives you the right to live in Switzerland year-round and also visit other Schengen countries without the need for visas
  • Your whole family is covered right away – A residence permit will be issued to the main applicant, and at the same time also to his/her spouse and underage children
  • A prestigious lifestyle – Life in Switzerland is pleasant, comfortable, and prestigious. The country offers unique nature, a high level of safety, and political and economic stability
  • Receive permanent residency and citizenship in the future – Living in Switzerland with a residency permit will give you the possibility of receiving permanent residency and citizenship in the future

When family members are included in the application, a legalized marriage certificate and legalized birth certificates of any underage children are required.

In making a decision on whether to issue a residency permit, the immigration authorities have the right to ask for additional information or documentation and they pay special attention to the applicant’s professional qualities, his/her ability to adapt to the professional and social environment, language skills, and age.


Conditions for obtaining a Swiss residency permit

By registering a company

  • Register a Swiss business (in the form of a joint-stock company)
  • Your business should be of an innovative character and include large investments (around 1–6 million Swiss francs)
  • Establish workplaces for Swiss citizens
  • The applicant is named by the company director on the basis of a labor contract with salary and employment terms corresponding to the local and generally accepted conditions, the position held, and the business sector*
  • The applicant must have the necessary experience, education/qualifications, language skills, and other skills sufficient to carry out his/her duties in the company

* Foreign citizens can be taken on as employees only if it is proven that it was impossible to find anyone in the local or European labor market who could carry out these tasks

By tax agreement

  • An agreement is concluded with the tax administration of one of Switzerland’s cantons*
  • The application does not have to be a EU-EFTA citizen
  • The applicant does not have to do business within Switzerland
  • Tax is paid each year in a fixed amount that is basked on the applicant’s cost of living in Switzerland
  • Obligation to to pay annually fixed tax from CHF 300,000 to CHF 1,000,000 depending upon the canton chosen.

* In order to obtain a positive decision from the immigration authorities about whether to issue a residence permit, the most significant factors are whether the applicant has significant capital and will actively participate in the social, economic, and cultural life of the country.


Documents you’ll need:

  • Valid passport
  • 2 color photographs
  • A detailed resume
  • A health insurance policy
  • A legal address
  • Your business plan, description of activity and a suggested budget for your company
  • Proof that a search for labor in the local and European market was unsuccessful
  • A copy of the labor contract and diplomas/certificates attesting that the candidate has education, experience, and sufficient qualifications
  • Attestation of lack of criminal record
  • Valid passport
  • 2 color photographs
  • Filled-out and signed form
  • Proof of place of residence in Switzerland
  • Attestation of lack of criminal record
  • A health insurance policy
  • Detailed resume
  • Statement that the applicant will not do business within Switzerland
  • Agreement with the tax administration

When family members are included in the application, a legalized marriage certificate and legalized birth certificates of any underage children are required.

In making a decision on whether to issue a residency permit, the immigration authorities have the right to ask for additional information or documentation and they pay special attention to the applicant’s professional qualities, his/her ability to adapt to the professional and social environment, language skills, and age.

Are you interested in Switzerland residence permit? Click here to take the next step!

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