Switzerland is a popular destination for many retirees who want to emigrate and spend their retirement in an environment where everything works. Stunning landscapes, fresh air and political stability make Switzerland a retirement paradise. However, the cost of living is much higher than in many advanced countries. While the Swiss can afford this with their high income, the question is whether a foreign retirement income can keep up. It is therefore important to check the financial conditions and cost of living before thinking about moving to Switzerland.

Foreign nationals who are no longer gainfully employed can obtain a residence permit in Switzerland under certain conditions (Article 28 of the Federal Act on Foreign Nationals and Integration).

Prerequisites
– The minimum age of 55 years must be reached.
– The applicant must have special personal ties to Switzerland.
– The applicant must have the necessary financial means.
– The applicant must not be gainfully employed in Switzerland or abroad.

If you are required to obtain a Swiss visa, you must submit a visa application to the Swiss representation abroad responsible for your place of residence and enclose all necessary documents. Persons not requiring a visa can submit the application from abroad directly to the cantonal migration authority.

 Which documents to submit
– Completed application form
– Pension certificate
– Confirmation that the pension will be transferred to Switzerland
– Certificate of the amount of any assets
– Extract from criminal record from home country
– Proof of special personal ties to Switzerland
– Curriculum vitae
– Written declaration that no gainful employment will be pursued either in Switzerland or abroad after entering Switzerland
– Family register, family booklet and death certificate of the spouse in the case of widowed persons

– Copy of the tenancy agreement
– Details or proof of your German language skills. If you have no knowledge of German, we expect you to attend a German course once you have entered Switzerland.

Retired persons are obliged to register with a Swiss health insurance company within three months of entering Switzerland. Basic insurance is compulsory and covers a wide range of medical services.

There are various insurers to choose from. Premiums vary, but the benefits of basic insurance are defined by law. Supplementary insurance allows for more individualized healthcare. They are voluntary and can be chosen freely. Premiums are based on age and state of health. Early conclusion can be advantageous, as insurers take pre-existing conditions into account.