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Important things to know about moving to Switzerland

 
Switzerland combines stability, quality of life and a highly developed financial infrastructure – making it one of the most attractive countries in the world for private individuals with assets.

Moving to Switzerland requires early and structured planning. Residence status, the legal framework and personal requirements are all crucial factors. Understanding the different types of permits and eligibility criteria lays the groundwork for a smooth start and long-term security in your new home.

To-dos for incoming residents

1. Registration with the municipality of residence

The registration must occur within 14 days of arrival. Required documents: passport, employment contract or proof of financial means, rental agreement/proof of residence and, later, proof of health insurance. For non-EU citizens, the permit must be approved prior to arrival.

2. Submit application for joining family members at the Residents’ Registration Office

If not a citizen of an EU/EFTA member state, application must be made prior to arrival.

3. Take out health insurance

For all family members within three months.

4. Enrol children at a school or nursery

Public schools are free and have a high standard. International schools often have waiting lists and should be contacted in good time.

5. Exchange foreign driving licence

The exchange must occur within 12 months (depending on the canton). For car imports, the customs clearance and verification process is carried out via the Vehicle Licensing Authority (MFK).

Residence permit

The type of residence permit depends on nationality and purpose of the stay. A distinction is drawn between the different categories of permit.

  • Permit L – Short-term permit
  • Permit B – Residence permit
    Temporary permit; usually tied to employment contracts, but also available for joining family members or students.
  • Permit C – Settlement permit
    Permanent permit; usually obtainable after five years (EU/EFTA, Canada, USA) or 10 years (third countries) of uninterrupted stay under a type B permit and good integration.

The conditions are simple for EU/EFTA citizens. As a rule, they receive a residence permit if they take up employment in Switzerland or can prove their financial independence.

Stricter requirements apply to non-EU/EFTA nationals. A residence permit generally requires qualified gainful activity, a significant economic interest or – in certain cases – a flat-rate tax agreement with the canton of residence. The permits are limited in number and subject to specific conditions.

Key facts about Switzerland

  • One of the most politically stable countries in the world
  • Regularly among the top countries in terms of quality of life
  • Stable legal system and high levels of protection of private property
  • Stable currency (CHF) and solid financial infrastructure
  • High levels of personal security
  • Educational options with an international focus
  • Competitive tax environments in various cantons
  • Strong data protection

Your personal contact

Peter Vangehr

Peter Vangehr

Peter Vangehr Chief Executive Officer VP Bank (Switzerland) AG

Open contact form info.ch@vpbank.com +41 44 226 24 24

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