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Old 06.11.2013, 09:12
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"Buy to Let" inverstment before leaving Switzerland

Hi,
we are Polish citizens considering leaving Switzerland. The problem is our pension fund. We have collected there significant amount of money and according to the bilateral Polish-Swiss agreement we are not allowed to get this money back in cash while leaving Switzerland. They will be automatically moved to Polish pension fund what means they get lost as this mechanism is a huge black hole in my homeland. Iím considering a following scenario:
few months before leaving Switzerland we could buy a property here and use the money from the pension found for this. After leaving the country we could keep the property and rent it or sell it.
But to be honest I donít think this will be as easy as I described above. As far as I know this country there are many regulations which I donít know. I will for sure need to contact financial advisor but first I would like to know your opinion if itís feasible. Is it possible to rent your Swiss property if you leave outside of Switzerland? Can you rent or sell it immediately after leaving the country or do you need to wait 5 years?
Regards
Adam
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Old 06.11.2013, 09:19
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Re: "Buy to Let" inverstment before leaving Switzerland

As far as I am aware, you cannot use your pillar 2 for an investment property.
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Old 06.11.2013, 09:22
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Re: "Buy to Let" inverstment before leaving Switzerland

Indeed, it can only be used for your primary residence.

If you leave, you have to pay back the pension fund in its entirety.

Tom
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Old 06.11.2013, 09:23
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Re: "Buy to Let" inverstment before leaving Switzerland

The Pliar 2 can stay in CH, no requirement to take it anywhere .
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Old 06.11.2013, 13:02
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Re: "Buy to Let" inverstment before leaving Switzerland

Also, you can not rent your property if you have B permis, you can only use it for primary residence...
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Old 06.11.2013, 14:04
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Re: "Buy to Let" inverstment before leaving Switzerland

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Also, you can not rent your property if you have B permis, you can only use it for primary residence...
Once the OP leaves ch they don't have a permit at all
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Old 06.11.2013, 15:34
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Re: "Buy to Let" inverstment before leaving Switzerland

You could look at morning the Swiss pension to a European pension.

You would still not be able to purchase a residential property but you would have greater control over your funds.
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