Switzerland, officially the Swiss Confederation, is situated in Western-Central Europe, consisting of 26 cantons. It is a landlocked country divided between the Alps, Swiss Plateau and the Jura. It has borders with France to the west, Italy to the south, Austria and Liechtenstein to the east and Germany to the north.
General information and advantages
Switzerland is one of the most developed countries in the world, with the highest nominal wealth per adult
It has the eighth-highest per capita gross domestic product according to the International Monetary Fund.
Switzerland ranks at or near the top globally in several metrics of national performance, including government transparency, civil liberties, quality of life, economic competitiveness, and human development.
Zürich and Geneva have each been ranked among the top cities in the world in terms of quality of life, with the former ranked second globally, according to Mercer.
It is home to numerous international organizations, including the second largest UN office.
It is a founding member of European Free Trade Association (EFTA).
An active member of the United Nations and other international organizations, but retains a strong commitment to neutrality.
It is a safe haven for investors, because it has maintained a degree of bank secrecy and has kept up the Franc’s long-term external value.
Residency Requirements for Non-EU/EFTA citizens residing in Switzerland
At least 10 years continuous stay
NOTE: For nationals of EU/EFTA countries, American and Canadian citizens, only five years residency is required.
Citizens of EU and EFTA with a work permit
Citizens of EU and EFTA without a work permit
Non-EU/EFTA citizens residing in Switzerland
Non-EU/EFTA nationals (under cantonal lump sum taxation for retirees)
Non-EU/EFTA nationals (Investors/Swiss company formation)