Financial independence/Retirement VISA
SWITZERLAND
Retirement means having a calm and carefree life that people at that age need. They can get this peace by living in a beautiful country like Switzerland. You must know that one of the most beautiful natures has been seen in Switzerland, and what is better than the beauty of nature and life there!
To get a Swiss retirement or Financial independence visa, non-EU citizens must prove that they have enough money to live in this country and that they can live there for years with the same amount of money without working. In fact, having the criteria of this type of visa, only you will be offered a visa, otherwise you cannot hope for it.
Qualified people TO get Financial independence/retirement visa in switzerland
- People who are EU citizens have different conditions than non-citizens. Non-EU people must meet the following conditions:
- Be over 55 years old
- You must be financially self-sufficient.
- You must have proof that you have lived in Switzerland for many years and have property or real estate there.
- In contrast, EU citizens need the following conditions:
- You must have enough financial resources to live in this country.
- You must be insured to use it in case of an accident.
Swiss retirement visa application requirements
When applying for a switzerland retirement visa, you must do the following topics:
- Filling out the Swiss pensioner visa application form
- Have a valid passport
- Providing financial documents or documents that show that you have enough capital to stay in this country.
- Insurance certificate
These are not all documents, you may be asked to provide additional documents.
How to apply for a switzerland retirement visa?
To apply for this type of visa, there are still differences between non-EU citizens and European citizens. For example, people who are not European citizens must request whether they need a Swiss visa for this type of visa or not. But European citizens do not need a visa for this country.
Non-European citizens must send the request for this type of visa together with the Swiss visa to the representative of this country, and after entering this country, you must register at the relevant municipality in your canton.
EU/EFTA nationals must apply for a pensioner visa at a Swiss municipality within two weeks of arriving in Switzerland.
Depending on the canton you live in, you will need to visit the cantonal immigration offices to apply for a retirement residence permit. Cantonal immigration offices are responsible for issuing retirement residence permits.
How long is the Swiss retirement visa?
After receiving a retirement visa, European citizens can stay in this country for up to a year, and if they qualify for an extension, this visa will be automatically extended for them.
For non-EU/EFTA nationals, the pensioner visa needs to be renewed after one year and can be renewed after it expires.
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How much does a pension cost in Switzerland?
As you know, the cost of living in Switzerland is higher compared to other European countries, and you must have a significant amount of money with you to live in this country. On a monthly basis, people need 1500-2000 dollars for expenses without considering rent, and the cost of rent is about 2500-3500 dollars.
The cheapest apartments start from 900 dollars and the most expensive ones are 5200 dollars per month. In general, the cost of living depends on the location, type of apartment and its size, and a single person can live in this country with 3500 to 4000 dollars per month.
Can I bring my dependents to Switzerland by retirement visa?
Yes, one of the other advantages of this type of visa is bringing people under your guardianship, i.e. spouse and children, to this country. However, you must also have sufficient financial documents to prove their living expenses in this country.
Is it possible to work in Switzerland with a retirement visa?
As we mentioned before, only people who have enough capital can get this visa, so people who want to look for work means they don’t have enough capital, and with this type of visa, you won’t be able to work in Yoesi.
Can US citizens retire in Switzerland?
Yes, if they prepare the necessary documents and present them to the Swiss consulate in the United States, they can receive this visa and can apply for permanent residence within 2 weeks.
Can I stay permanently in Switzerland with a retirement visa?
There are also special conditions for permanent residence, for example, EU members can apply for permanent residence after 5 years of continuous living in this country and non-EU people can apply for permanent residence after 10 years of continuous living in this country.
retirement visa benefits in Switzerland
- You can take your wife and children under 18 with you to that country.
- You can buy any type of property with this visa.
- You will not need to pay double tax
- If you have lived in this country for more years, you will enjoy more benefits.
- Since Switzerland ranks first in the global health care index, it is certain that you can benefit from the country’s quality healthcare system. That means you can request any type of treatment you want.
- Since the tax rate is low in this country, especially the tax of foreigners, you can benefit from this advantage, which is a maximum of 11% on the income rate.
- The quality of life in this country is fantastic. The cleanliness of the air, the cleanliness, the many beauties of nature, etc., have made life in this country to be of a higher quality than other countries.
- The rate of crime in this country is very low, which means you only have to be careful and kill yourself!
The best cities to retire to Switzerland
Where you live is also of special importance for immigrants and people who reside in this country. Here are the best cities that have more fans than other cities:
Geneva
This city has a global perspective and is one of the most beautiful cities in this country. One of the best positives of living in this city is the local public transport connections. Wherever you live in this city, you can move around the city quickly and at any time you want, and this has made this city a favorite destination for immigration.
Winterthur
Winterthur is located northeast of Zurich and near the German border. This city is famous for having historical arts that are placed in its museums and is known globally.
bern
It is one of the most beautiful cities in Switzerland, which is located around the Aare river and has provided many sights for tourists and even residents of this city.
Lugano
If you want to live in a city full of beautiful and pristine nature, this city is one of the best.
Lugano is a city in the Italian-speaking region of Ticino in southern Switzerland. The lakeside of this city is an attractive place for tourists from all over the world. People who are interested in pasta, pizza and red wine can have a good time by visiting Lugano’s luxurious restaurants
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