| Tax on selling a property in Switzerland ???
Hi
Can anybody give me help on the following?
I have an apartment in Valais, which was purchased before moving to Switzerland. I possibly may get my foreigners permit linked to this apartment this January, but maybe not ( i’ve been waiting 4 years)! I then have to hold the property for 5 years before I can sell it. I have since moved to Zuich so am also now an EU ‘B’ permit holder.
My dilemma is I am not sure if I really want to hang onto the place for longer than 5+ years more on the time I have already owned it. So perhaps my best bet is to take my option and change it to a ‘B’ permit to give me more flexibility should I wish to sell before.
Has anybody got any idea on tax implications on profit should I sell either as a ‘B’ permit holder should I change the apartment to that status? Or the implications of holding it for 5 years (which will be the status foreigners permit I will have when I finally receive it) when I have left the country when?
I would be grateful for any advice or if somebody could point me in the right direction to get the correct advice.
Thanks in advance
Cosmicgirl
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