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Old 18.09.2019, 20:57
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Re: Buying a property in Switzerland Tax query.

If you live in your own property a virtual rental income (Eigenmietwert/valeur locative https://www.ch.ch/en/rental-value/ ) is added to your taxable income.

On the other hand you can deduct mortgage interest payments (but not amortization), renovation and repair cost, insurance cost, and some other stuff.

The virtual rental income is around 60 - 70% of the market rental value of the property. It is special form of a real estate/property tax which takes into account your overall economic capabilities. If you earn less you will pay less of this special "property tax". In the worst it is taxed at highest marginal tax rate (~42% in canton ZH).

More information in German:
https://www.raiffeisen.ch/casa/de/im...nmietwert.html

Some cantons have in addition to the virtual rental income and extra property tax https://www.ch.ch/en/property-tax/
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