The Britain and the Swiss government have agreed to sign a pact and aimed at protecting the interests of the citizens of the two countries after Britain leaves the European Union.
The Swiss authorities stated that the agreement was aimed at protecting Swiss citizens living in Britain and Britons living in Switzerland.
The agreement also covered their rights to social security and recognition of professional qualifications, Swiss media reported.
Switzerland is not a member of the European Union but is surrounded by EU member states and is associated with a series of bilateral treaties, which are also part of the Schengen region and give EU citizens the right to live and work in the country.
The United Kingdom is due to leave the European Union by March 29.