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Old 30.03.2010, 13:04
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Re: Renting our flat vs selling it

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I am a foreigner with C permit owning an apartment (almost new construction) & living in it in Zurich city. Due to change of work and income, me and my husband are considering moving to kanton Schwyz or Zug (low tax reasons). We are not sure if we should sell our current apartment or rent it and get a steady stream of income. The apartment price has appreciated by 25% and we are not sure if we should cash in the money via sale or would renting it out turns out to be favourable. What would be the pros and cons ?
If you have so much money you need to consider moving to Schwyz or Zug, surely you can afford Sfr 200-300 to get professional advice that is accurate and reliable ?
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