| Quote: | |  | |
| You can't cash it out until you retire without paying major penalties and tax, except to buy your main residence (and NOT a secondary residence) or to permanently leave CH for a non-EU country.
That's the catch.
Tom | |
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and if i want to use the amount to pay of the mortgage on my existing main residence, then this effectively removes the catch?
i never paid into it previously, but it seems if i can pay, ~7k into it each year now and say cash it in after, say, 4 years and use the funds to pay down my mortgage, then this would seem to be well worth doing. assuming the rules allow this.