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Old 05.04.2009, 07:04
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Foreign Income only - which permit?

Hi, my husband and I are considering emigrating to Switzerland.

We own a foreign based company which we will run from Switzerland. We do not intend to take up employment locally. We both hold EU passports.

We would hope to buy our residence and remit money inwards from the company to live on.

We are finding it difficult to find any info on whether this is possible or the type of permit we would require if so.

Also the tax and other regulations we would need to look out for when remitting our income.

Any advice or redirection to another site greatly appreciated.
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Old 05.04.2009, 12:54
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Re: Foreign Income only - which permit?

Search the net for "free movement EU Switzerland", this info isn't that difficult to find. There are PDF files available from the Swiss government site explaining it all in English. Let a search engine be your friend on this one!

If you're citizens of the the 'core' 17 EU nations then it should be a fairly straightforward grant of 'B' 5 year permits. But it isn't automatic, so read up on the conditions. Good luck!
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Old 05.04.2009, 13:12
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Re: Foreign Income only - which permit?

It is not a direct question you asked, but Canton Zug and Canton Schywz have
the lowest taxes. There are many companies like yours in Canton Zug for
sure.
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Old 05.04.2009, 20:04
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Re: Foreign Income only - which permit?

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Hi, my husband and I are considering emigrating to Switzerland.

We own a foreign based company which we will run from Switzerland. We do not intend to take up employment locally. We both hold EU passports.

We would hope to buy our residence and remit money inwards from the company to live on.

We are finding it difficult to find any info on whether this is possible or the type of permit we would require if so.

Also the tax and other regulations we would need to look out for when remitting our income.

Any advice or redirection to another site greatly appreciated.
As EU you should find it easy to get an EU-B permit.

If you have significant income (say upwards of 500kchf pa and net non-property assets say above 2mchf) you should be looking into fixed tax deal (impot forfaitaire, pauschalbesteuerung). Speak to UBS or CS private banking, Im sure they'd be willing to help.

D
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Old 05.04.2009, 20:14
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Re: Foreign Income only - which permit?

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As EU you should find it easy to get an EU-B permit.

If you have significant income (say upwards of 500kchf pa and net non-property assets say above 2mchf) you should be looking into fixed tax deal (impot forfaitaire, pauschalbesteuerung). Speak to UBS or CS private banking, Im sure they'd be willing to help.

D
As long as they don't earn an income in Switzerland they can pay tax under the lump sum taxation agreement where taxes are based on their rent/house value. Income and assets abroad are then not taxable at all.
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Old 05.04.2009, 21:03
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Re: Foreign Income only - which permit?

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As long as they don't earn an income in Switzerland they can pay tax under the lump sum taxation agreement where taxes are based on their rent/house value. Income and assets abroad are then not taxable at all.
Still requires a formal agreement with the tax department of the canton where you reside. The agreement would quantify the taxes due. Canton Zurich has voted against such lump-sum tax agreements.
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Old 06.04.2009, 08:00
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Re: Foreign Income only - which permit?

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As long as they don't earn an income in Switzerland they can pay tax under the lump sum taxation agreement where taxes are based on their rent/house value. Income and assets abroad are then not taxable at all.
Not much point if they end end paying more tax than under normal taxation.

Normal taxation would be on the non property assets (between c0.25%-1% depending on canton) and dividend income (between say 20 and 40% depending on the canton assuming 400kchf taxable)

Eitherway you need advice, and if you can dangle a carrot in front of one of the banks you can get a fair amount for free...

BTW we dont know the residence or nationality of the OP.

D
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Old 06.04.2009, 08:28
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Re: Foreign Income only - which permit?

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Hi, my husband and I are considering emigrating to Switzerland.
Haven't given up on your dream..? 2 years is a long time to consider something..

[General] Maternity and Birthing Experiences
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Old 06.04.2009, 15:35
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Re: Foreign Income only - which permit?

Thanks all! Great advice.

Yes situation has changed alot but the dream is still there!
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