Today, The Federal Council, Switzerland’s executive, announced it has approved a deal safeguarding the rights of Swiss and UK citizens after Brexit. © Melinda Nagy | Dreamstime.com 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 retain all of their existing rights for life. The same will apply to Swiss citizens living in the UK. When the UK leaves the EU, the bilateral agreements between Switzerland and the EU will no longer apply to the UK. The “Mind the Gap” agreement will then govern relations between the two nations. As well as residency rights, the new agreement covers social security and the recognition of professional qualifications. However, the
Topics:
Investec considers the following as important: Brexit, Brexit Switzerland, Business & Economy, Editor's Choice, Foreign nationals Brexit Switzerland, International Geneva
This could be interesting, too:
Investec writes Federal parliament approves abolition of imputed rent
Investec writes Abolition of imputed rent gets bogged down in complexity
Investec writes Swiss parliament accepts contentious budget
Investec writes Tourism one quarter of Switzerland’s traffic
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 retain all of their existing rights for life. The same will apply to Swiss citizens living in the UK.
When the UK leaves the EU, the bilateral agreements between Switzerland and the EU will no longer apply to the UK. The “Mind the Gap” agreement will then govern relations between the two nations.
As well as residency rights, the new agreement covers social security and the recognition of professional qualifications.
However, the agreement does not cover foreign nationals who arrive after Brexit. And, the existing rules apply until Brexit including any transition period.
Before signing the new agreement, the Federal Council will consult with relevant parliamentary commissions.
At the end of 2017, there were around 43,000 UK nationals living in Switzerland and around 34,500 Swiss citizens living in the UK.
More on this:
Government press release (in French) – Take a 5 minute French test now
For more stories like this on Switzerland follow us on Facebook and Twitter.