The seven-time Formula One world champion was treated in Grenoble, France, and then at the CHUV hospital in Lausanne following his accident at Méribel in the French Alps in December 2013.
But his manager Sabine Kehm said in a statement on Tuesday afternoon that he will be rehabilitated at his home from now on, 254 days after his fall.
His condition remains a closely guarded secret, with his family reporting that he had come out of a medically induced coma when he was transported by ambulance to Lausanne in June.
Schumacher, 45, lives with his wife and two children on a sprawling waterfront estate overlooking Lake Geneva in Gland in the canton of Vaud.
"Considering the severe injuries he suffered, progress has been made in the past weeks and months," Kehm said in the statement.
"There is still, however, a long and difficult road ahead," she said.
"We would like extend our gratitude to the entire team at CHUV Lausanne for their thorough and competent work," Kehm said.
"We ask that the privacy of Michael's family continue to be respected, and that speculations about his state of health are avoided."
In March, reports indicated that Schumacher's wife Corinna was building a 15-million-franc ($16.7-million) medical suite at the couple’s 55-room mansion in Gland, 32 kilometres west of Lausanne.
Doctors put Schumacher in a medically induced coma on January 30th in the CHU hospital in Grenoble.
The German sports hero was transferred there for treatment of serious head injures suffered from a December 29th accident while skiing off-piste at Méribel.
Schumacher underwent two operations in the days after the accident to remove life-threatening blood clots on his brain.