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The impact of Brexit on UK citizens considering moving to Switzerland

One of the consequences of Brexit is that the bilateral agreement on the free movement of persons between Switzerland and the European Union no longer applies to the United Kingdom from 1 onwardsStreet January 2021. As a result, British citizens are no longer considered EU / EFTA citizens, but rather as citizens of “third countries”, which are subject to stricter admission requirements for residence purposes in Switzerland.

Therefore, it is highly recommended that you do more preparation before moving to Switzerland as the requirements for UK citizens are now stricter.

A bilateral agreement signed between Switzerland and the United Kingdom, the Civil Rights Agreement between the United Kingdom and Switzerland, protects acquired rights In front On December 31, 2020. British citizens living or working legally in Switzerland at this time are accordingly subject to this agreement and their rights are protected as long as they remain in Switzerland.

If a British citizen works in Switzerland From January 1st, 2021 and thus a “normal” taxpayer must apply for a residence and / or work permit if he or she moves to Switzerland as a citizen of a “third country”. He no longer has the unrestricted right to reside in Switzerland, but has to apply for a Swiss residence permit under strict conditions.

In this context, the Swiss authorities will analyze, taking into account the current economic situation and the labor market, whether it is in the general economic interest of the country to issue the permit. For example, a permit is issued when it is difficult or impossible to find a Swiss or European employee with equivalent professional / technical qualifications or the same skills and knowledge. There are also quotas and in 2021 only 3,500 British citizens will be able to work in Switzerland.

Exceptionally, UK workers posted to Switzerland for less than 90 days in a calendar year (workers posted by UK companies for short-term assignments) are still treated as Europeans. You will benefit from a bilateral mobility service agreement that will come into force at least until December 31, 2022.

Finally, Brexit also affects retired British citizens who want to settle in Switzerland: they will only be accepted if they are over 55 years old, have sufficient financial means to largely cover their living costs, and close and defined relationships with the Entertain the state.

Candidates for the overall taxation system (the so-called “ratingIt would still be acceptable, albeit on much higher financial terms. The minimum exemption (i.e. the taxpayer’s minimum taxable income) has increased to a minimum of CHF 750,000 to CHF 1,000,000 (depending on which canton offers the option), with a minimum annual tax burden – almost – CHF 290 thousand.

In general, the situation of British citizens willing to settle in Switzerland can be summarized as follows:

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