What is the golden visa in Switzerland and how does it work?
The golden visa in Switzerland is a residency visa program for foreign investors who wish to settle in Switzerland. It is also known as the “Foreign Investors Program.”
The program offers a long-term residence visa to foreign investors who make significant investments in Switzerland, either in Swiss companies or in real estate. The minimum investment amount required to be eligible for a golden visa varies depending on the program type, but it can be upwards of one million Swiss francs.
The golden visa in Switzerland allows foreign investors and their families to live and work in Switzerland without needing to obtain a work permit. Golden visa holders also have access to the Swiss healthcare and social service system, and may benefit from advantageous taxation depending on their personal situation.
The process of applying for a golden visa in Switzerland can take several months and involves a thorough analysis of the investor’s background and the origin of the invested funds. Swiss authorities may also require investors to provide evidence of their business experience and ability to manage a business in Switzerland.
Once approved, the validity period of a golden visa in Switzerland can vary depending on the visa type, but is generally five years, renewable. Golden visa holders may also apply for permanent residency in Switzerland after five years of residence.
In summary, the golden visa in Switzerland is a program for foreign investors who wish to settle in Switzerland. It offers a pathway to residency in Switzerland for investors who make significant investments in the Swiss economy.