View Single Post
Old 17.04.2018, 15:22
theUser theUser is offline
Join Date: Jul 2016
Location: Lausanne
Posts: 207
Groaned at 2 Times in 1 Post
Thanked 145 Times in 87 Posts
theUser has earned some respecttheUser has earned some respect
Re: Withdraw 2nd Pillar buy property abroad while leaving Switzerland

View Post
you will be heavily taxed?
On the contrary - pension fund withdrawals for this purpose are taxed at a preferential rate that varies between cantons - the worst case is around 4.75% flat rate while some cantons have progressive scale (for example, Geneva will only take 1% of CHF 50K, climbing up to around 2.75% if taking out 100K).
Once you leave Switzerland it's the canton on the institution holding the money that taxes it, not the one in which you were resident.
Reply With Quote