View Single Post
Old 27.04.2011, 21:15
chelski's Avatar
chelski chelski is offline
Newbie 1st class
Join Date: Apr 2011
Location: LU
Posts: 22
Groaned at 0 Times in 0 Posts
Thanked 7 Times in 5 Posts
chelski has no particular reputation at present
Re: Thinking of retiring in Switzerland

View Post
All your pensions and income are taxed as earned income, along with all your worldwide assets. The income tax varies, but assume about 15% total.

Once you live here there are no other fixed deductions. However, the first problem is to prove that you are able to support yourself and any spouse.

The minimum pension you will need to live on, is calculated at about CHF 1'800 per month per person. A major problem you will have is the strong Swiss Franc, and it doesn't show any sign of dropping in value.

When I first visited in 1955 it was fixed at CHF 10 to 1. Today it is CHF 1.4496 to 1.

Why don't we simply swap homes for alternate months each year?
Thanks very much for your advice. I have a personal pension which, to me, is sufficient to live on and hopefully the canton authorities will agree. Swap home? ... not a bad idea!!!
Reply With Quote
This user would like to thank chelski for this useful post: