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ABOUT THE AUTHOR

Konrad Häuptli graduated from the University of Berne, qualified as an attorney-at-law and was admitted to the Bar of the Canton of Berne. He joined HSBC in 2002 after working with Swiss Re for over 20 years. He then went on to work for KENDRIS in 2016 after retiring as former CEO of HSBC’s Trust Companies in Switzerland. Konrad Häuptli is a member of the Advisory Board of the Swiss Association of Trust Companies (SATC) and is also a member of mixed expert groups representing SATC. He has been managing family assets and has been involved in entrepreneurial activities, board assignments as well as private equity investments.
Record number of over 60-year-old Swiss citizens moving abroad

k-flash audio commentRecord number of over 60-year-old Swiss citizens moving abroad

The case

Swiss citizens over 60 years of age have increasingly been leaving the country. In 2024, 6,161 people emigrated, which amounts to almost double the number of people emigrating in 2012. (FSO/NZZ, 15 February 2026).

Source: NZZ/Eric Matt – & Swiss Press & bfs.admin.ch

The commentary

The major driving force are the financial incentives: Lower cost of living as well as favourable tax regimes. Dubai offers a renewable five-year retirement visa with no income tax for those with a monthly income of CHF 5,000, CHF 250,000 in assets, or property worth CHF 500,000. Panama grants permanent tax-free residence to pensioners earning USD 850 per month, and you can obtain Panamanian citizenship after five years. Costa Rica, Ecuador, Paraguay, the Philippines and Mauritius also provide affordable retirement programmes, making overseas living increasingly attractive for Swiss retirees.

This publication has been prepared solely for information purposes and is does not constitute a recommendation, a solicitation, or an offer. The information on which this publication is based has been obtained from sources that we believe to be reliable and in good faith, but we have not independently verified such information and no representation or warranty, express or implied, is made as to its accuracy. All expressions of opinion are made as of the date of publication and may be subject to change without notice. k-flash and all related affiliates accepts no liability or responsibility whatsoever for any consequential loss of any kind arising out of the use of this publication or any part of its contents. The use of this publication should not be regarded as a substitute for the exercise by the recipient of his or her own judgment. This publication is not directed to any person in any jurisdictions that prohibit such publication.
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