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About Residence by Investment Law in Lungern, Switzerland

Residence by Investment, often called the Investor or Golden Visa program, allows high-net-worth individuals to obtain Swiss residency by making a significant financial investment in Switzerland. While Switzerland does not offer a direct path to citizenship through investment, foreigners can gain residence rights for themselves and their families by meeting specific investment and financial criteria. In Lungern, a peaceful lakeside village in the canton of Obwalden, Residence by Investment is governed by federal rules as well as local canton requirements. These programs aim to attract qualified investors who contribute positively to the local economy, culture, and community.

Why You May Need a Lawyer

Navigating Residence by Investment in Lungern can be complex due to strict regulations and multi-level checks by federal, cantonal, and municipal authorities. People may need legal help in several situations:

  • Understanding detailed eligibility criteria and documentation requirements
  • Assisting with legal filings and communication with authorities
  • Negotiating and formalizing investment contracts (such as lump-sum taxation agreements)
  • Ensuring full compliance with immigration, tax, and residency obligations
  • Addressing complications or denials in the application process
  • Planning family residency and understanding dependent rights
  • Ensuring secure investments that satisfy program requirements
  • Managing long-term residency renewals and settlement planning
A qualified lawyer can help ensure the entire process is efficient, lawful, and protects your interests.

Local Laws Overview

Switzerland’s Residence by Investment laws are structured on a federal level but administered by cantons, each with their own specific regulations and thresholds. In Lungern (Obwalden canton), the following legal aspects are most relevant:

  • Residence permits for non-EU/non-EFTA citizens are generally issued based on the lump-sum taxation regime (for financially independent individuals with no gainful employment in Switzerland).
  • Applicants usually must not seek gainful employment in Switzerland and agree to pay a negotiated minimum annual tax, often starting from around CHF 150,000 or more depending on canton policies and applicant profiles.
  • Proof of sufficient financial means, background checks, and a credible plan for living in Lungern are required.
  • EU/EFTA citizens generally have easier access to residence, but must still comply with local integration and financial requirements.
  • Ownership of property in Lungern by foreign nationals is restricted and subject to authorization under the Swiss Lex Koller law.
  • The pathway to permanent residency (C permit) and, eventually, citizenship requires meeting long-term residency, integration, and language standards.
  • All applicants are subject to health insurance, housing, and integration requirements as set by Lungern and Obwalden authorities.
Laws and requirements can change, so legal advice is important for up-to-date guidance tailored to your personal circumstances.

Frequently Asked Questions

What is Residence by Investment in Lungern, Switzerland?

It is a system allowing qualified foreigners to obtain Swiss residence permits by making a significant financial investment in local or cantonal projects, usually under lump-sum taxation agreements (for non-EU/EFTA nationals).

Can buying property in Lungern grant me a residence permit?

No. Buying property alone does not entitle you to residency. Foreign property ownership is heavily regulated and is not, by itself, a basis for residence rights.

How much do I need to invest to get a residence permit?

There is no fixed investment requirement for most cases, but the lump-sum taxation in Obwalden usually starts at around CHF 150,000 to CHF 200,000 annually, depending on your profile and negotiations with cantonal authorities.

Can my family come with me if I get a residence permit?

Yes. Spouses and dependent children (typically up to the age of 18, or 25 if in education) can generally be included under family reunification rules.

Do I need to speak German to live in Lungern?

Integration and language skills are important for long-term residents. However, basic language skills are usually not required for initial residence by investment, but will be needed for permanent residency (C permit) and citizenship.

How long does the application process take?

The process typically takes between three to six months, though this can vary depending on individual circumstances, completeness of documents, and response times from authorities.

Can I work or start a business with a residence by investment permit?

No. This permit category is typically designated for those without gainful employment in Switzerland. If you wish to work or run a business, you must apply under a different permit type.

Will I pay Swiss taxes as a resident by investment?

Yes. As part of the program, you agree to pay a negotiated lump-sum tax that replaces standard income and wealth taxes.

Is residence by investment a pathway to citizenship?

It can be, but it is a long process. Permanent residency is usually available after ten years (with some exceptions), and citizenship requires meeting language and integration criteria as well as years of residency.

What documents are needed for the application?

Documents typically include a valid passport, proof of financial means, background and police clearance certificates, health insurance, rental or property agreements for accommodation, and application forms from both the canton and the municipality.

Additional Resources

You may find it useful to consult the following resources and organizations regarding Residence by Investment in Lungern and Switzerland:

  • Canton of Obwalden Migration Office (Amt für Migration Obwalden) - for application guidelines and contact points
  • Swiss Federal Office for Migration (SEM) - for national immigration policies and law updates
  • Swiss embassies and consulates in your country of residence
  • Qualified local immigration or tax lawyers with experience in Obwalden and Lungern
  • Chambers of commerce or relocation agencies familiar with Lungern and Swiss investment requirements

Next Steps

If you are considering applying for residence by investment in Lungern, start by gathering information about your eligibility and the investment options available. Consult with a lawyer or licensed immigration consultant specializing in Swiss residence by investment cases. They can review your circumstances, help you prepare the necessary documentation, and guide you through negotiations with cantonal and municipal authorities. Preparing well in advance and seeking competent legal help improves your chances of a smooth and successful application process. Consider reaching out to the Obwalden Migration Office or a recommended specialist for an initial consultation and personalized guidance.

Lawzana helps you find the best lawyers and law firms in Lungern through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Residence by Investment, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Lungern, Switzerland - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.