View Single Post
  #5  
Old 25.05.2014, 13:00
NYGalinCh's Avatar
NYGalinCh NYGalinCh is offline
Newbie 1st class
 
Join Date: May 2014
Location: Geneva-Nyon
Posts: 11
Groaned at 0 Times in 0 Posts
Thanked 5 Times in 3 Posts
NYGalinCh has no particular reputation at present
Re: New York V Switzerland

If you were to ask me 10 years ago, I would have told you that no way in hell I would move away from NYC. Having lived in Switzerland for a while now, I an always happy to be back after travel to NY/London for all positive reasons you've already stated.

If you're not yet a US person, once you move to NYC, you will be considered a US person from the perspective of Swiss banks. You'll therefore be forced to make certain declarations to your Swiss banks including submissions of FBAR filings, future tax returns, etc. There may be limitations imposed to your Swiss accounts as well.
Reply With Quote
This user would like to thank NYGalinCh for this useful post: