SWITZERLAND COSMO - Cosmo World Services

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SWITZERLAND COSMO - Cosmo World Services
COSMO

                 Your gateway to

                            SWITZERLAND
                                         RESIDENCY

                                                     In just.
S w i s s L u m p S u m Ta x a t i o n
                                                      90
Program
                                                     DAYS
SWITZERLAND COSMO - Cosmo World Services
Situated in the heart of Europe, Switzerland is one
                                                    of the most attractive countries in the world for
                    Why?                            immigration, doing business and internationally
                                                                                                                  COSMO
                                                    known for its quality of life.
             Switzerland
                                                    Beautiful nature, political stability, safety, world
                                                    class financial services, international recognised
                                                    schools, health care and competing tax
                                                    conditions, you can find everything here. These are
                                                    the main reasons why wealthy families and
                                                    investors choose Switzerland as their country of
                                                    residence.

   Switzerland is one of the most            Zurich, financial capital of                 Swiss education and healthcare
   beautiful, welcoming and friendly         Switzerland is the no.3 most livable         system has been ranked
   place to live.                            city in world.                               top 10 in the world.

Capital    Visa free countries   Currency   Language
Bern       171                   CHF        German, French, English
SWITZERLAND COSMO - Cosmo World Services
01    LIVE                                                                                                          COSMO
      A residency permit for Switzerland
      gives all members of the family the
      right to live in Switzerland                                            06       OBTAIN CITIZENSHIP
                                                                                       Living in Switzerland on the basis of this
                                                                                       residency visa gives you the right to later
                                                                                       claim citizenship after 10 years
                                                      ADVANTAGES
02   VISA FREE TRAVEL
     You and your family will have the
     right to not only reside in Switzerland
                                                                               05        TAX PERSPECTIVE
     but also spend an unlimited amount                                                  Lower taxes makes even more
     of time in Schengen countries                                                       attractive from a tax perspective

               03        WHOLE FAMILY IS COVERED
                                                                         04   EDUCATION & HEALTHCARE
                                                                              Having residence in Switzerland allows you to
                         A residency permit is issued at the same time        use high-quality medical services and your
                         to the main applicant plus members of his/her        children can attend schools and universities
                         family, including dependent children's
SWITZERLAND COSMO - Cosmo World Services
Swiss Lump Sum Taxation
                                                                                                 COSMO
About
PROGRAM                                     Switzerland provides an opportunity to obtain residence
                                            permits for persons of independent means who do not plan to
                                            be employed in Switzerland.

                                            Swiss residence permit can be obtained upon agreeing to pay
                                            an annual lump sum tax. The lump sum tax rate in Switzerland
                                            varies depending on the canton.

                                            Applicant have to select the canton and sign an agreement
                                            confirming the payment of an annual lump sum tax. As a result,
                                            the main applicant and its family can obtain residence in
                                            Switzerland.

                                            The nice thing about Lump Sum Taxation Switzerland is that you
                                            are not taxed on either your actual income or actual wealth.
                                            Only your annual cost of living determines the amount of Lump
                                            Sum Taxation in Switzerland. The difference between your cost
“We at Cosmo, support all your              of living and effective income remains untaxed. You can freely
Switzerland immigration needs and that is   invest your assets without worrying about the tax
why families and businesses rely on our     consequences.
expertise and experience in this area.”
SWITZERLAND COSMO - Cosmo World Services
REQUIREMENTS
                                                                                                                                COSMO
                                                                The Cantons are still autonomous in determining taxation. In accordance
  TAX AGREEMENT                                                 with the federalist structure of Switzerland each Canton has defined its own
                                                                “living expenses” in order to determine the income for the calculation of
                                                                cantonal taxes (including municipal tax). To make it easier for you to select
  Foreign investor or wealthy individual concludes a special    a tax-efficient Canton, we have created a table that shows the minimum
  tax agreement with canton (with obligation to pay             income in all Cantons.
  annually fixed tax from CHF 1,50,000 to CHF 6,00,000
                                                                  Minimum Living Expenses
  depending upon the canton chosen).                                                            Cantons
                                                                  requested

  Tax is paid each year in a fixed amount that is basked on                                     Schwyz, Luzern, St Gallen, Graubünden,
  the applicant’s cost of living in Switzerland.                  CHF 600‘000
                                                                                                Thurgau

                                                                  CHF 500’000                   Zug
  Authorities of the canton approve Permit B for the
  applicant and his family members (it will be temporary                                        Bern, Genf, Neuchâtel, Appenzell
  residence Switzerland without right to be gainfully             CHF 400’000                   Innerroden, Uri, Obwalden, Aargau,
  occupied in Switzerland).                                                                     Nidwalden, Solothurn
                                                   • .
                                                                  CHF 360’000                   Waadt
  After 5 years of residence Permit B can be transformed into
  Permit C (permanent residence Switzerland) and                  CHF 250‘000                   Fribourg, Wallis
  Citizenship after 10 years.                                     CHF 200‘000                   Jura

                                                                  CHF 150’000                   Thurgau
The tax calculation will be based on the:
• Cost of your annual living expenses ‘OR’                        CHF 140‘000                   Ticino
• Your annual rent multiplied by a factor of 7
                                                                  7 x Annual Rent plus 10%      Geneva
The higher amount is ultimately used for taxation.
SWITZERLAND COSMO - Cosmo World Services
BENEFITS
                                                                                                                                                     COSMO
1. No more tax returns instead only Lump Sum Taxation

Based on our experience, we always negotiate the best lump sum taxation contract for you. The procedure usually takes 4-6 weeks. In case of urgency, we
offer our clients a “fast track” procedure. It only takes 2 – 3 weeks, including permanent residence permit issued by the Swiss Immigration Authorities. The tax
deal negotiated for you applies to all subsequent tax years. The Tax Ruling replaces all tax returns until you leave Switzerland.

2. Automatic Exchange of Information and Common Reporting Standard (AEOI & CRS)

Moving your effective residence to Switzerland will simultaneously eliminate all of your problems in connection with the. Automatic Exchange of Information
and Common Reporting Standard (AEOI & CRS). Your Swiss bank account will be a private affair. It is not taxable and not reportable. You no longer have to
deal with the Automatic Exchange of Information (AEOI) and the Common Reporting Standard (CRS). These OECD treaties and rules are overridden for you
in one fell swoop. Nobody cares how much money you have on your account. As a resident, you benefit from Swiss banking secrecy. Swiss banking secrecy
is a significant part of the concept of privacy among the Swiss population. Swiss banking secrecy is considered as a constitutional right to privacy. For many
Russians and Chinese citizens, the negative consequences in connection with the AEOI & CRS are the main reasons for moving to Switzerland permanently.

3. No riskier offshore-structures required anymore

Once you move to Switzerland, you don’t need anymore complex offshore-structures. Your risky tax loopholes with offshore companies will become
irrelevant. Your doubts as to whether a specific offshore structure is considered to be legal or illegal are definitely gone. Constant worries in connection with
doubtful offshore structures are definitely eliminated with your relocation to Switzerland.

4. The exact tax amount

You will know exactly how much tax you will pay every with agreed Lump Sum Tax. You can be 100 perent sure of the exact amount of tax you will pay every
year. Since 1862, Switzerland is offering tax rulings that work. Finally, you will have the peace of mind you deserve. You will enjoy legal status that you can
count on.
DOCUMENTS
                                                                      COSMO

         Wealth           Birth       Marriage            Police
                        Certificate   Certificate       Clearance
      at least CHF 5
      million must be                                   Certificate
                          English      if applying
      demonstrable        version      with family,     having no
                                      English version    criminal
                                                          record
PROCEDURE
                                                                                                                                           COSMO

             STEP 1                   STEP 2                        STEP 3                  STEP 4                       STEP 5
                                                                                              Principal
                                                                   Documents                                                Grant of entry
                                                                                              approval from Govt.
                                                                   verification                                             visa and applicant
                                                                                              and visa
                                         Preparation               and residency                                            traveling to
       Applicant signup                                                                       application
                                         of documents              application                                              Switzerland
                                                                                              submission to Embassy
                                                                   submission                                               for collection of his
                                                                                              in applicant’s
                                                                   to Govt.                                                 residence permit
                                                                                              country

a) Applicant will signup    a) Cosmo will send list      a) Cosmo will verify all     a) Once principal            a) Once entry visa is
service agreement           of documents and forms       documents given by           approval is received from    granted by the embassy,
with Cosmo                  which applicant will         applicant                    the Govt., applicant will    applicant can travel to
                            prepare and send to                                       pay 10% of service fees to   Switzerland for collection
b) Applicant will pay 50%   Cosmo                        b) If all documents are      Cosmo                        of his B permit and is free
of service fees at the                                   OK, applicant will pay                                    live in Switzerland and
time of signup              b) Cosmo swiss team will     40%
                                                           • of . service fees        b) Cosmo will send           travel to other Schengen
                            organize things with tax                                  principal approval along     countries. Kids can have
                            authorities for signing of   c) Applicant will sign tax   with visa application form   free education at Swiss
                            tax agreement based on       agreement with canton        and list of documents        schools.
                            canton chosen by the         and then Cosmo will          which needs to be
                            applicant                    submit applicant’s           submitted at Swiss           b) On its continuous living
                                                         residency application        embassy in applicant’s       in Switzerland for 5 years,
                                                                                      country for grant of entry   applicant is eligible for C
                                                                                      visa to travel to            permit and after 10 years
                                                                                      Switzerland                  of continuous living, is
                                                                                                                   eligible Swiss citizenship
                                                                                                                   and passport
Why?
                            COSMO                                                           COSMO
                                                                           No hidden fees or
                                                                           commission

    WE ARE GLOBAL LEADER IN MIGRATION PLANING TO EUROPE
                                                                           Support up to and
                                                                           after receiving
Cosmo is a global consultancy company providing complete migration         residence
solutions to anyone in need. Each year, hundreds of wealthy individuals,
    families and businesses rely on our expertise to migrate to Europe.

                                                                           Help in settlement

                             IMMIGRATION

                                BUSINESS                                   More than 10 years
                             INVESTMENTS                                   Of experience in
                                                                           migration services
                              EDUCATION
COSMO                                                                                                  YOUR
                                                                                                                  GATEWAY
                                                                                                                     TO
www.cosmoworldservices.com                                                                                         EUROPE

Netherlands Office (Head Office)    Switzerland Office                China Office
 World Trade Center, Zuidplein 36   Bahnofstrasse 100                 A-21 H, State Enterprise Building, Futian District
1077XV, Amsterdam, Netherlands      8001, Zurich, Switzerland         Shenzhen City, Guangdong Province, China
e: info@cosmoworldservices.com      e: swiss@cosmoworldservices.com   e: china@cosmoworldservices.com
t: +31 (0) 68 7866 517
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