Go Back   English Forum Switzerland > Help & tips > Finance/banking/taxation
Reply
 
Thread Tools Display Modes
  #1  
Old 20.09.2010, 22:12
Member
 
Join Date: May 2007
Location: Portugal
Posts: 235
Groaned at 0 Times in 0 Posts
Thanked 31 Times in 18 Posts
Sorensen has earned some respectSorensen has earned some respect
Withdrawing pension for property - split residence

I have looked though the thread about the CH pension system, and as a general rule it seems that it seems you can cash out your pension to pay for a primary residence.

That would initially limit it to CH and the areas just over the borders.

If you leave CH (for EU in this case), I guess you can withdraw pension to pay for primary residence there, right?

Does anyone know what the situation is if you are married and have split residence (getrennter Wohnsitz)? Can the pension in that case be used to pay for the foreign residence?
__________________
- Clarity of writing is usually preceded by clarity of thought.
Reply With Quote
  #2  
Old 20.09.2010, 23:10
Forum Veteran
 
Join Date: May 2007
Location: Vaud
Posts: 2,089
Groaned at 113 Times in 74 Posts
Thanked 812 Times in 501 Posts
Charlie R. Soles has an excellent reputationCharlie R. Soles has an excellent reputationCharlie R. Soles has an excellent reputationCharlie R. Soles has an excellent reputation
Re: Withdrawing pension for property - split residence

Quote:
View Post
I have looked though the thread about the CH pension system, and as a general rule it seems that it seems you can cash out your pension to pay for a primary residence.

That would initially limit it to CH and the areas just over the borders.

If you leave CH (for EU in this case), I guess you can withdraw pension to pay for primary residence there, right?

Does anyone know what the situation is if you are married and have split residence (getrennter Wohnsitz)? Can the pension in that case be used to pay for the foreign residence?
I think you'll find it is only for property in Switzerland as if you buy outside Switzerland you are no longer obliged to adhere to the Swiss rules but those of where your property is and these maybe different than Swiss ones. Swiss pension fund = Swiss property.
Reply With Quote
  #3  
Old 21.09.2010, 09:13
Member
 
Join Date: May 2007
Location: Portugal
Posts: 235
Groaned at 0 Times in 0 Posts
Thanked 31 Times in 18 Posts
Sorensen has earned some respectSorensen has earned some respect
Re: Withdrawing pension for property - split residence

Not so.

A colleague of my wife withdrew pension to buy in France - she is still working in Switzerland.

She just wrote me that it was only pension paid in before you are 50 that you can withdraw.
Reply With Quote
Reply

Tags
pension, property, residence


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Pension as deposit/place of residence question p42 Housing in general 3 27.09.2010 09:10
Withdrawing pension fund for property in UK spag Leaving Switzerland 1 06.08.2010 14:34
Changes to taxation for split residence? Sorensen Finance/banking/taxation 4 29.08.2009 23:18
Buying property in EU with Swiss pension? muze7 Finance/banking/taxation 5 07.08.2009 21:17
2nd pillar pension to puchase property in the UK Swissscot Finance/banking/taxation 4 19.05.2008 17:41


All times are GMT +2. The time now is 14:07.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0