On 14 December 2020, Switzerland and the UK signed an agreement that secures reciprocal, facilitated market access for service providers between Switzerland and the United Kingdom from 1 January 2021. The Services Mobility Agreement (SMA) regulates the mutual access and temporary stay of service providers, for example, management consultants, IT experts and engineers. The agreement […]
Brexit deal with Switzerland now signed
On 25 February, representatives of Switzerland and the United Kingdom signed an agreement preserving the rights already acquired by citizens residing in the other’s territory after the UK leaves the EU. Any rights already acquired by a citizen of either country under current EU rules will be preserved for life. The agreement was signed by […]
Swiss government approves post-Brexit deal on treatment of UK and Swiss nationals
Today, The Federal Council, Switzerland’s executive, announced it has approved a deal safeguarding the rights of Swiss and UK citizens after Brexit. The agreement is part of a package of deals being worked out as part of a plan dubbed “Mind the Gap”. Under the agreement, any UK citizen residing in Switzerland before Brexit will […]
Merkel says Brexit talks mustn’t impact Swiss-EU negotiations
Brought to you by Investec Switzerland. Swiss talks with the European Union about immigration restrictions mustn’t be impacted by the U.K.’s decision to leave the bloc, German Chancellor Angela Merkel said. “In the EU, we should carry on negotiations with Switzerland in the same way as we would have if there were no question on […]
Brexit brings specter of common EU tax plan, and bodes poorly for Switzerland’s immigration negotiation
Brought to you by Investec Switzerland. Ireland is facing another tax battle with the European Union and this time it will have to fight its own corner. Less than two months after the European Union ordered Ireland to claw back a record 13 billion euros ($14.2 billion) from Apple Inc., saying the nation illegally allowed […]
“Wait and see” says former Swiss foreign minister on EU negotiation
20 Minutes. Ex-foreign minister for Switzerland, Micheline Calmy-Rey, told the Neue Zuercher Zeitung that she thinks Switzerland should wait and see how Great Britain negotiates its exit from the EU, while discussing Switzerland’s ongoing discussion with Brussels regarding Switzerland’s 9 February 2014 popular vote against mass EU immigration. According to her, Switzerland must not rush and should let […]
Stocks up on Brexit bargain hunting
1 July 2016 – Swiss and global market roundup. Brought to you by Investec Switzerland. Global equity markets are set to post gains this week as investors digest the impact of the UK’s historic vote to leave the European Union. Swiss stocks outperformed global markets as defensive heavyweights Nestlé, Roche and Novartis led gains. Volatility remained […]
What Brexit means for British citizens and their Swiss residence permits
The world is still reeling from Britain’s vote to leave the EU. Many UK citizens living across the EU and in countries with EU agreements on free movement of people, like Switzerland, have questions about what this means for them. At the moment there seem to be more questions than answers. Here is what we know […]
Great Brexpectations
In this cartoon, Geneva-based political cartoonist Rachel Berman for Le News, looks at Britain’s vote to leave the EU from a Swiss perpective. Switzerland has spent more than two years trying to cut a deal with Brussels after 50.3% of Swiss voters decided to limit immigration from the EU. The EU is showing no sign […]
