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Old 18.09.2019, 20:06
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Re: Buying a property in Switzerland Tax query.

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Hi Guys

A quick question , we are looking at buying a property in Switzerland to live in. You would be paying considerably less in monthly payments than a rental of a similar size. I have been told that owning your own Swiss home increases your tax bracket and you would end up paying more in taxes and negating the savings you would make by not renting.

Does anybody have experience in this?

Many Thanks

Steve
The property will increase your earnings by say 70% of rental value so possibly tax on 25k on a normal property.
Rising interest rates could have a far bigger effect as interest rates are currently negative, increase by 5% & things look very different.
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