| Re: tax implications for bringing into Switzerland a lump sum
I have a similar question. Since arriving in Switzerland, I have regularly sent money back to my savings account in the UK, as the interest has been higher. These savings have been declared annually with the Swiss tax authorities.
We are now in the process of buying a place and would like the bring the money back. Im assuming that there are no tax implications, as I have paid the income tax on it (when I earnt the cash) and the wealth tax on it every year. Oder?
Mind you, given the the lousy exchange rate of the pound: franc, I would have lost all my interest gains anyway!!!
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