What is the validity period of a golden visa in Switzerland and what are the possibilities for renewal?
The validity period of a golden visa in Switzerland can vary depending on the type of visa issued. Generally, golden visas in Switzerland are valid for an initial period of one to two years. After this initial period, the visa can be renewed for an additional period of one to two years, depending on the type of visa.
The renewal conditions may vary depending on the type of visa. Generally, golden visa holders must comply with the initial conditions of their visa, such as continuous residence in Switzerland, maintaining the investment, and complying with Swiss laws and regulations. Golden visa holders must also submit a renewal application in a timely manner before the expiration date of their current visa.
Swiss authorities may also review the personal and financial situation of the visa holder when considering a renewal application. If the visa holder does not meet the renewal conditions or is found to be in violation of Swiss laws, the renewal of the visa may be refused.
It is important that golden visa holders in Switzerland comply with the conditions of their visa and apply for renewal in a timely manner to avoid any interruption to their residence status in Switzerland. Renewal applications should be submitted several months before the expiration date of the current visa to avoid any delays in processing the application.