The sustainable long-term growth of Swiss economy, the stability of the Swiss Franc, strong purchasing power, high efficiency and trustworthy social security system, a fundamental education system and top class health care, attract a large number of HNW individuals and their families to settle down in Switzerland.
To reside in Switzerland, all foreigners must obtain a residence permit.
A temporary residence permit B is usually issued for a term of 1 year and is subject to annual renewal during 5 or 10 years. A permanent residence permit C can be granted after 5 or 10 years of continuous residence in the country, and the terms depend on the nationality of the holder. The holder of this permit may perform any activities in Switzerland, and may as well apply for the citizenship.
There are several ways to obtain a residence permit:
Obtaining a residence permit is possible through the setup of a business which has a strong growth potential, brings added value to the economy and fosters a creation of working places.
The acquisition of an existing business could be a good option for obtaining a residence permit. Please consider its stability and growth potential, its economic significance for the canton, the possibility of preservation of existing working places and the creation of new ones.
Many cantons grant a residence permit on the basis of Lump Sum tax agreements. It means that the permit holders have the possibility of paying taxes essentially based on their living expenses rather than on their actual income. Thus a lump sum taxation offers attractive tax planning opportunities.
In this case, the holder of the residence permit annually pays to the cantonal budget a certain fee, which depends on his arrangement with the canton, but cannot be less than 200 000 CHF per year.
The most popular Swiss cantons for this program are Geneva, Vaud, Fribourg, Valais, Bern, Schwyz, Ticino and Zug. We help to compare the tax burdens in different cantons before choosing the place of residence.
This residence permit does not provide the right to be employed and to exercise business activities in Switzerland. Consequently this option is best suited for those who have sufficient funds to financially support themselves and their families.
The whole process of obtaining a residence permit takes an average of about 6-8 months.