Switzerland
Switzerland is the most immigrant friendly country and has been a dream destination and most sought after country for high standards of living, world class infrastructure, political neutrality & freedom and attractive destination for retirement, business investors and wealthy individuals. Switzerland has always been a “expensive” country to live.
Swiss Benefits
- Travel visa free in Europe
- Privacy and Freedom
- Ideal for Retirees and Wealthy families
- Investment or purchase of Real estate property
- Choice of Swiss Canton, Location
Minimum Investment
We expect our clients to have a minimum of USD 1 million at their disposal, before applying for swiss residence program (corporate or lump sum).
Swiss Immigrant Investor Program
A foreigner from Non-EU country, can get swiss residence permit in 2 ways:
1. Swiss Company Formation (For Corporates)
2. Swiss Lump Sum Taxation (For Retirees)
The Swiss Lump Sum Taxation is best suited for wealthy individuals or retirees, while the swiss company formation is ideal for investors and corporates.
1. Swiss Company Formation
Any foreign national, can form a company in Switzerland (in a swiss canton), with the scope of creating jobs to local swiss citizens, thus contributing to the economic development of the country. The owner of the company are eligible for residence permit in Switzerland. The most popular forms of company are GmBH / SARL (like LLC) and AG (for corporations). The Canton of Zug, because of low corporate taxes are much favourable canton to form company.
We have assisted many entrepreneurs and multinational corporations with setting up base of operations in Switzerland.
2. Swiss Lump Sum Taxation
We offer a fixed fee `swiss residence` program, where it is possible to get residence permit in Switzerland, upon paying a `annual lump sum taxation` fee – a minimum of CHF 150’000 (approx USD 170’000) or more, depending on swiss canton except Zurich. This annual tax fee may go upto CHF 1 million or more depending on the canton and it is irrespective of family of worldwide income or assets. The swiss residence permit is offered to persons of various categories under retirement, wealthy individuals, or as a Business employee where it normally involves in setting up a a swiss company. By paying this fee, there is no need to declare worldwide income and assets.
Most popular swiss cantons for this program are Appenzler, Bern, Geneva, Fribourg, Graubunden, Jura, Nidwalden, Schwyz, St.Gallen, Vaud ,Valais, Lucerne, Slothurn, Obwalden, Thurgau, Ticino, Zug.
It usually takes about 3-4 months to get a residence permit in Switzerland.
The main eligibility criteria for getting residence permit are:
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Foreign citizens who have a swiss residence permit, are allowed to buy real estate property such as apartment or a home, without the need for prior approvals in Swtizerland.
By paying this lump sum taxation fee to the swiss canton, there is no need to declare worldwide income and assets to Swiss authorities. This is the main advantage of Switzerland, compared to other high tax countries.
As a rule of thumb, the Lump-sum taxation is calculated based on 5 times the annual rental income or the annual living expenses, which ever is higher. For example lets say that you have rented the apartment for CHF 10’000 a month and your total living expenses comes to CHF 200’000 annually. The monthly rental of CHF 10’000, becomes CHF 120’000 yearly and then multiplied by 5 becomes CHF 600’000. Since CHF 600’000 is higher than that of yearly living expenses, at 30% of CHF 600’000 comes the payable tax CHF 180’000 annually.
A foreigner can apply for swiss citizenship after 12-15 yrs of residency in Switzerland, provided local language is spoken and fully integrating to swiss culture.