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Old 08.05.2016, 08:15
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Information required: Investor Visa

Hey everyone,

I am non EU and out of curiosity read about Investor residence permits for Swiss. I searched EF and didn't find much information regarding these categories. Thought of PMing Richard about this, but decided to post it on forum, so that other members could also know about these visas.

I have some follow up questions against each of the categories (mentioned as alphabetical bullet points)

There are two categories under this visa type:
(Please refer to http://www.mysecondpassport.com/inve...20immigration/
though I read other articles as well)

1. Retiree business immigration program (Swiss Lump sum Taxation visa):

a. I have checked the calculation of taxes. I would like to know if the tax paid is one time (Lump Sum) or is it Annual (to be paid every year)

b. Will the residence permit, awarded under this category, to the person be a "B permit" and will that entitle the person's spouse and dependents also to have the B- permit?


2. Swiss Company formation:

a. How much minimum investment is to be made under this program? Some articles claim CHF 1mn some say CHF 500k is enough

b. An investor needs to invest in a company so that it brings economic value added to the region (canton). How is it measured? How many full time employees should there be in the company in which investment is to be made?

c. Is there any restriction that the investment should be made in the business/company having annual turnover (sales, revenue) of minimum CHF 1mn? If yes, are there companies readily available in which investment could be made?

d. Confirmation needed: whether the investment can be made through loan also (apart from equity).

e. Will the residence permit, awarded under this category, to the person be a "B permit" and will that entitle the person's spouse and dependents also to have the B- permit?


Please feel free to correct if I have mis-understood something OR something has changed since the publication of the article.

Cheers
Techiee
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Old 08.05.2016, 09:35
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Re: Information required: Investor Visa

I am sure you will get some answers, like in previous threads on this topic, but they will not be a basis for any informed decisions. It depends on the canton.
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Old 08.05.2016, 10:21
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Re: Information required: Investor Visa

Well, for the retiree permit you'd need to meet this condition:

"The application must be able to demonstrate that they have ‘ties’ with Switzerland e.g. previous trips to the country, have Swiss relatives or friends"

If you don't have that, that permit wouldn't be available to apply for.

As for the second permit type, yes you really need to talk to the cantonal authorities where you plan to live in Switzerland (not Swiss btw). As Aleydis says each canton has different requirements.

I did a quick search of the forum and couldn't find any info on this type of permit so probably best to go straight to the appropriate cantonal migration office and start researching there.

Whatever permit you have, your spouse/dependents will have the same.
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Old 08.05.2016, 10:30
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Re: Information required: Investor Visa

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Well, for the retiree permit you'd need to meet this condition:

"The application must be able to demonstrate that they have ‘ties’ with Switzerland e.g. previous trips to the country, have Swiss relatives or friends"

If you don't have that, that permit wouldn't be available to apply for.

As for the second permit type, yes you really need to talk to the cantonal authorities where you plan to live in Switzerland (not Swiss btw). As Aleydis says each canton has different requirements.

I did a quick search of the forum and couldn't find any info on this type of permit so probably best to go straight to the appropriate cantonal migration office and start researching there.

Whatever permit you have, your spouse/dependents will have the same.
Thanks for your reply.
Just to reiterate: I am just trying to get the information just as a FYI for myself.

Assuming one can demonstrate previous trips to Swiss (for the retirement visa), is the tax to be paid annual or one time only?

Since I am not in Switzerland (thanks for the correction ) I am just trying my chances here if someone Or someone in someone's network did this thing and know about this stuff.

I completely understand there will be lot of minutiae involved, I am just trying to get a broader picture here.

Cheers
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Old 08.05.2016, 11:26
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Re: Information required: Investor Visa

If you are non EU, put your hard earned money elsewhere.
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Old 08.05.2016, 12:10
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Re: Information required: Investor Visa

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If you are non EU, put your hard earned money elsewhere.
sva, could you elaborate a little bit?
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Old 08.05.2016, 12:39
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Re: Information required: Investor Visa

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Thanks for your reply.
Just to reiterate: I am just trying to get the information just as a FYI for myself.

Assuming one can demonstrate previous trips to Swiss (for the retirement visa), is the tax to be paid annual or one time only?

Since I am not in Switzerland (thanks for the correction ) I am just trying my chances here if someone Or someone in someone's network did this thing and know about this stuff.

I completely understand there will be lot of minutiae involved, I am just trying to get a broader picture here.

Cheers
Well, according to Wiki it seems to be up to the individual.

"Non-working foreigners resident in Switzerland may choose to pay a "lump-sum tax" instead of the normal income tax. The tax, which is generally much lower than the normal income tax, is nominally levied on the taxpayer's living expenses, but in practice (which varies from canton to canton), it is common to use the quintuple of the rent paid by the taxpayer as a basis for the lump-sum taxation."

https://en.wikipedia.org/wiki/Taxati...nd#cite_ref-18

Obviously this may vary from canton to canton.

These may tell you more:

http://www.swissprivacy.com/swiss-residency/

http://live-in-switzerland.com/e/res.../investor.html

http://business-investor-immigration...estor-program/

It is not just a question of trips to Switzerland, you will need to have friends and possibly relatives here too.
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Old 08.05.2016, 13:06
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Re: Information required: Investor Visa

Minimum lump sum tax is quite high now expect to pay a minimum of 80-100k of tax
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Old 08.05.2016, 13:28
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Well, according to Wiki it seems to be up to the individual.

"Non-working foreigners resident in Switzerland may choose to pay a "lump-sum tax" instead of the normal income tax. The tax, which is generally much lower than the normal income tax, is nominally levied on the taxpayer's living expenses, but in practice (which varies from canton to canton), it is common to use the quintuple of the rent paid by the taxpayer as a basis for the lump-sum taxation."

https://en.wikipedia.org/wiki/Taxati...nd#cite_ref-18

Obviously this may vary from canton to canton.

These may tell you more:

http://www.swissprivacy.com/swiss-residency/

http://live-in-switzerland.com/e/res.../investor.html

http://business-investor-immigration...estor-program/

It is not just a question of trips to Switzerland, you will need to have friends and possibly relatives here too.
You just made my day. Thanks for taking time out and getting me the links.
Very much appreciated, thanks a ton

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Minimum lump sum tax is quite high now expect to pay a minimum of 80-100k of tax
I completely understand that, just wanted to know if it is one time (Lump sum) OR annual (to be paid yearly).

I am thinking that Lump sum might be a misnomer,in the sense that you the taxes Lump sum (one time). Just wanted some clarification on this part.

Cheers

Last edited by 3Wishes; 09.05.2016 at 02:45. Reason: merging consecutive replies
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Old 08.05.2016, 13:49
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Re: Information required: Investor Visa

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I completely understand that, just wanted to know if it is one time (Lump sum) OR annual (to be paid yearly).

I am thinking that Lump sum might be a misnomer,in the sense that you the taxes Lump sum (one time). Just wanted some clarification on this part.
It'll be annual.
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Old 08.05.2016, 14:18
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Re: Information required: Investor Visa

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It'll be annual.
Thanks a lot mirfield.

Anyone who knows about the investment route?
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Old 08.05.2016, 14:43
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Re: Information required: Investor Visa

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Thanks a lot mirfield.

Anyone who knows about the investment route?
You don't have enough money if your baulking at a tax bill of 100k
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Old 08.05.2016, 15:03
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Re: Information required: Investor Visa

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You don't have enough money if your baulking at a tax bill of 100k
Mate, I am just trying to get some information on both the visa routes as a FYI for myself. I don't understand why I need to have money to get that information on EF?

Anyways, from where did you get the idea of me baulking at tax bill of 100k?

I wish I could say thanks for your time to you
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Old 08.05.2016, 18:07
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Re: Information required: Investor Visa

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I completely understand that, just wanted to know if it is one time (Lump sum) OR annual (to be paid yearly).

I am thinking that Lump sum might be a misnomer,in the sense that you the taxes Lump sum (one time). Just wanted some clarification on this part.

Cheers
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Thanks a lot mirfield.

Anyone who knows about the investment route?
You can't really think you will get taxed one time then live in Switzerland for years and years and never again pay taxes???

You will pay taxes yearly for both options. How much money you need to invest and how many jobs you need to create is determined canton by canton which is why you are finding ranges and not specific information.


You should be aware that opening or investing in a company in Switzerland doesn't always guarantee a resident permit.
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Old 08.05.2016, 20:50
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Re: Information required: Investor Visa

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Mate, I am just trying to get some information on both the visa routes as a FYI for myself. I don't understand why I need to have money to get that information on EF?

Anyways, from where did you get the idea of me baulking at tax bill of 100k?

I wish I could say thanks for your time to you
If you do a tax deal you can't work in CH.

If your not eligible to work in CH you will need to invest 10 million plus then you MIGHT get a 1 year permit to be reviewed in 1 year if your lucky. Switzerland is not actually short of cash.......
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Old 08.05.2016, 23:01
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Re: Information required: Investor Visa

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Anyways, from where did you get the idea of me baulking at tax bill of 100k?
Techies usually don't have THAT kind of money. Definitely not when they ask EF and not KPMG / PWC etc...
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Old 08.05.2016, 23:02
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Re: Information required: Investor Visa

One thing to consider is that you will not be paying wealth tax on your assets abroad or income tax for that matter. The devil however is in the detail.
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