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Old 10.06.2009, 00:02
Bayesco Bayesco is offline
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Re: Taking money out of Switzerland to USA 2010

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Hi
Can anyone help with an updated version to this question.
I (a Brit), 48 years young, left England in 1989, have been in Zurich resident since 1998 , accumulated 300K CHF in pension, nothing much in 3rd pillar,and want to emigrate permanently to the USA or SIngapore in mid 2010.

The questions are:
a) Can I take my pension with me?
b) in what format can I take?
c) how long do I have to wait to take it?
d) what format or urrency can I take it?
e) what kind of cost will there be?

NOTE that I want to keep this all clean with no strange stuff!
Answers:
a)
2nd pillar:
Yes, once you have left Switzerland permanently and if your last voluntary buy back has been at least 3 years in the circuit of the 2nd pillar.
3a pillar:
There are no restrictions.
b)Payment usually is done in cash...in Swiss francs....some foundations give you the choice as well transfer the portfolio if you have done an investment before....
c)
1) Have a look at point a)
2) Cash payment process can be done very quickly, once you have all needed documents....
d) Have a look at point b)
d) Ask the foundation....for PensFree
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