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Old 31.07.2014, 22:37
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Importing silver bullion and coins from inheritance to CH. Potential legal advice.

I am a regular member here on EF but I have been allowed to make an anonymous account for the purpose of asking this question for confidentiality reasons.

I have a family member in the states that has been slowly battling a terminal illness for some time. Him being one to get his affairs in order, he has asked me to inquire sooner rather than later, about a portion of physical inheritance set aside for my immediate family here. Mostly a quantity of silver bars, some gold coins and a sizable collection of silver coins.

It's not a matter of if the day comes, it's when (could be months to years). I would naturally have to go to the states to take possession of the lot. My first inclination would be to sell the larger bullion and transport the coinage in carry on luggage. Not knowing the exact value, I know there is generally a limit of $10K/CHF in cash while crossing borders. What about metals?

Just wondering if any one here knows more specifics about limitations I may encounter or a good method of legally bring this stuff to my residence here in CH. The thought of shipping it makes me cringe. Only thing that comes to mind is have some kind of notarized document itemizing the said inheritance to show at airport customs. Would probably look weird at the TSA gate with a couple kilo's of silver bars and coins going through the scanning machine.

Hopefully any advice received here would have to be considered much later, rather than sooner.

Thank you in advance.
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Old 31.07.2014, 22:54
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Re: Importing silver bullion and coins from inheritance to CH. Potential legal advice

Some (oldish) advice on these threads.

Bringing gold into Switzerland

Importing Silver: Obliged to declare? taxes?
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Old 31.07.2014, 23:14
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Re: Importing silver bullion and coins from inheritance to CH. Potential legal advice

You can bring more, it's just that over 10k it must be declared.

Tom
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Old 01.08.2014, 01:56
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Re: Importing silver bullion and coins from inheritance to CH. Potential legal advice

Sorry to hear about your situation.

If the items are part of an inheritance, they are imported free of duty as long as certain requirements are met. You need to complete form 18. 46

Here is the link to the customs information and the form.
http://www.ezv.admin.ch/zollinfo_pri...x.html?lang=en
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Old 03.08.2014, 20:49
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Re: Importing silver bullion and coins from inheritance to CH. Potential legal advice

Thank you all for info. It is a drag to have to consider these eventualities albeit it is life. Our family is glad he is making all the preparations and getting affairs and eventualities in order.

Mrs Doolittle. Thanks for that link. It won't let me click Thanks on the forum, probably because too few posts. This form is definitely on the right track. Although what it doesn't say is if the airport customs will be able to accommodate with the declaration. It sounds like this form is if the items are shipped and you state the declaration with the final port canton you live in. I do not want to ship.

Perhaps I should contact the link at the top of that page for this circumstance.

Again, thank you all for your help. Any additional insights are welcome. If I hear any more specifics after contacting the Swiss Customs Administration I'll post it here.

Tb
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Old 03.08.2014, 22:28
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Re: Importing silver bullion and coins from inheritance to CH. Potential legal advice

Quote:
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Thank you all for info. It is a drag to have to consider these eventualities albeit it is life. Our family is glad he is making all the preparations and getting affairs and eventualities in order.

Mrs Doolittle. Thanks for that link. It won't let me click Thanks on the forum, probably because too few posts. This form is definitely on the right track. Although what it doesn't say is if the airport customs will be able to accommodate with the declaration. It sounds like this form is if the items are shipped and you state the declaration with the final port canton you live in. I do not want to ship.

Perhaps I should contact the link at the top of that page for this circumstance.

Again, thank you all for your help. Any additional insights are welcome. If I hear any more specifics after contacting the Swiss Customs Administration I'll post it here.

Tb
You present the form at the customs entry office, so in your case this would be the airport. The opening hours are listed on the Swiss Customs Administration website. There is also a telephone number listed for the airport office for general inquiries.
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