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Posted on March 18 2024

Relaxed visa rules for Indian workers in Switzerland, Norway and Iceland with $100 billion EFTA agreement.

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By  Editor
Updated March 18 2024

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Highlights: Relaxed visa rules for Indian workers

  • India signed $100 billion EFTA agreement with Iceland, Norway, and Switzerland.
  • This agreement benefits Indian companies with relaxed visa rules for workers and professionals.
  • Switzerland has offered 120 services in this agreement including audit, legal, healthcare, and IT for Indian companies.
  • Under this agreement, India has allowed tariff concession for many products imported from Switzerland.\

 

*Willing to work abroad? Y-Axis is here to help you.

 

India signed $100 billion EFTA agreement with European Free Trade Association (EFTA) members

India and the European Free Trade Association (EFTA) members signed a ground-breaking $100 billion free trade agreement on Sunday that is set to begin in few months. The EFTA members are Iceland, Liechtenstein, Norway, and Switzerland. According to this agreement, Indian workers to can enjoy relaxed visa requirements. All the domestic industrial goods would get duty-free access in EFTA nations.

 

Switzerland opens 120 services to Indian Companies

EFTA agreement has opened up of over 120 of 156 services by Switzerland, including audit, legal, IT, and healthcare services. Swiss state secretary for economic affairs Helene Budliger Artieda said in an Interview, “There is a commitment on visas, on business visas, inter-corporate visas and visas for independent professionals.”

 

Customers will get permit to high-quality Swiss products such as watches, biscuits, chocolates, and clocks at low-cost as India will point out customs duties on these goods.

 

It might take up to a year to implement the agreement due to complicated approval process of these agreements in different countries.

 

*Willing to work in Switzerland? Y-Axis will guide you through the step-by-step process.

 

Steps to apply for a Work visa

The application process for the work permit includes the steps given below:

 

  • Step 1: Choose a suitable Work Visa.
  • Step 2: Submit completely filled application
  • Step 3: Arrange the documents required for the visa
  • Step 4: Pay the required amount for the work visa fee.
  • Step 5: Submit the biometric information and wait for the response.

 

*Are you looking for step-by-step assistance with overseas Immigration? Talk to Y-Axis, the leading Overseas Immigration Company.

For recent Immigration updates do check out: Y-Axis Immigration news

 

Web Story: Relaxed visa rules for Indian workers in Switzerland, Norway and Iceland with $100 billion EFTA agreement.

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