News in Switzerland
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Switzerland Consults on Extending Protection Status S for Ukrainians Beyond March 2027
The Swiss Federal Council has opened a consultation on whether to extend Protection Status S for displaced Ukrainians past its current March 2027 expiry, citing the ongoing conflict and lack of a foreseeable ceasefire. The consultation involves cantons, municipalities, social partners, and other stakeholders.
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Switzerland Removes Visa Restrictions on Ethiopian Nationals
Switzerland lifted visa restrictions on Ethiopian nationals that had been in place since April 2024, with the Federal Council adopting the measure on June 12, 2026. The decision followed the EU Council's move to reinstate certain visa requirements for Ethiopia in response to improved cooperation from the country.
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Switzerland Proposes Amendments to Foreign Nationals Act to Expand Labor Market Access
On May 27, 2026, Switzerland's Federal Council adopted proposed amendments to the Federal Act on Foreign Nationals and Integration aimed at improving labor market access for holders of protection status S and internationally trained workers. The changes are intended to strengthen workforce integration and address labor shortages.
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Tax Models Compared: UAE, Singapore, Switzerland, and Panama
The UAE levies no personal income tax, Singapore taxes only locally sourced income, Panama exempts foreign-sourced income, and Switzerland applies higher but predictable rates. The comparison covers the structural differences between these four tax regimes for residents.
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Switzerland Updates Visa and Migration Rules Effective June 2026
From June 12, 2026, Switzerland will implement ordinance amendments to align with the EU's revised Schengen Borders Code, affecting rules on entry and visa issuance, admission, stay, gainful employment, and removal enforcement. Four key ordinances are being revised as part of this regulatory package.
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Private Vault Storage for Gold and Silver: Options in Switzerland, Singapore, Hong Kong, and New Zealand
Storing precious metals through banks is argued to expose holders to FBAR reporting requirements, KYC issues, bail-in risks, and withdrawal freezes. Private vaults, free ports, and airport economic zones in Switzerland, Singapore, Hong Kong, and New Zealand are presented as alternatives offering greater geographical and geopolitical diversification.
