Plain Investor
Programme comparison · as understood in September 2026

Italy vs Switzerland: Golden Visa Programmes Compared

The lowest qualifying amount is €250,000 in Italy and CHF 435,000 annual tax base in Switzerland. Here is how the two programmes differ on time in the country, the path to citizenship and processing, side by side.

Open

Italy

€250,000minimum

Investor Visa for Italy (visto per investitori)

Read the Italy guide →

Restricted

Switzerland

CHF 435,000 annual tax baseminimum

Expenditure-based (lump-sum) taxation — no formal investment programme

Read the Switzerland guide →

At a glance

ItalySwitzerland
ProgrammeInvestor Visa for Italy (visto per investitori)Expenditure-based (lump-sum) taxation — no formal investment programme
StatusStructurally unchanged since 2017; suspended for Russian and Belarusian nationalsNo golden visa exists; lump-sum taxation abolished at cantonal level in five cantons
Lowest qualifying amount€250,000CHF 435,000 annual tax base
Time you must spend thereNo minimum stay setSwitzerland must be the genuine centre of your life
Route to citizenship10 years of actual legal residenceTen years of residence, then discretionary
Typical processingNulla osta often weeks; visa and permit add monthsSeveral months; cantonal decision plus federal approval
Main routes
  • Innovative startup — €250,000
  • Italian limited company — €500,000
  • Philanthropic donation — €1,000,000
  • Government bonds — €2,000,000
  • Federal minimum tax base — CHF 435,000 (2026)
  • Seven times rent or rental value — where higher
  • Cantonal minimum bases — often well above the federal floor
  • Fiscal-interest permit, non-EU — cantonal discretion

Which is cheaper, Italy or Switzerland?

The lowest qualifying amount is €250,000 in Italy and CHF 435,000 annual tax base in Switzerland. The cheapest route is not always the practical one: some low-entry routes are donations or contributions you never get back, while others are investments that can lose value independently of the permit. Add government fees, legal costs and, where relevant, family members before comparing totals.

How much time do you have to spend in each?

Italy: No minimum stay set. Switzerland: Switzerland must be the genuine centre of your life. A permit that asks for little time in the country is convenient, but a path to citizenship usually depends on genuinely living there.

Which leads to citizenship?

Italy: 10 years of actual legal residence. Switzerland: Ten years of residence, then discretionary. Naturalisation rules are set separately from the investment programme and can change while you are part of the way through.

The biggest caveat for each

Italy: The permit is easy to hold from abroad, but only real registered residence in Italy counts toward the ten-year naturalisation requirement.

Switzerland: Cantonal politics is the main risk, since five cantons have already abolished the regime by popular vote and nothing stops others from doing the same.

More programme comparisons

Information reflects our own independent research as understood in September 2026. These rules change often and differ by nationality. Plain Investor does not sell or advise on any programme. This is general information, not legal, immigration or tax advice; check the official government source and a licensed immigration lawyer before committing money.