Go Back   English Forum Switzerland > Off-Topic > Off-Topic > General off-topic  
Reply
 
Thread Tools Display Modes
  #41  
Old 02.01.2022, 15:29
Forum Legend
 
Join Date: Aug 2015
Location: Zurich City
Posts: 7,835
Groaned at 609 Times in 359 Posts
Thanked 9,750 Times in 4,529 Posts
ZuriRollt has a reputation beyond reputeZuriRollt has a reputation beyond reputeZuriRollt has a reputation beyond reputeZuriRollt has a reputation beyond reputeZuriRollt has a reputation beyond reputeZuriRollt has a reputation beyond repute
Re: Where would you retire to?

Quote:
View Post
But if you retire at normal age with full Swiss pension then it should not be an issue right?

Anyway, I’m thinking it will probably be Spain, Portugal, Italy, France, Malta (or islands of first 4).
Your “full Swiss pension” will give you around 2200.- per month - maximum. You will get the maximum only if you have contributed to the AHV since you were 21, without interruptions in payments.

If this is not the case, then you may be entitled to a little bit of that. So, hopefully you are fully covered under the country from your “previous” pension.

Most people that come here are of course covered, according to their earnings, under the 2 pillar - so a large bit of your monthly salary is sent to your pension fund for this. You can take this amount as a lump sum or as a monthly pension once you reach 58 in many pension funds - other pension funds might have different “early pension” dates.

Many also take out a third pillar, which has significant tax advantages.

And that’s it. If you haven’t thought about it in advance and unless you have very rich relatives that are guaranteed to throw money your way, then you are pretty much stuffed in your retirement years.
Reply With Quote
  #42  
Old 02.01.2022, 16:41
DantesDame's Avatar
Forum Veteran
 
Join Date: Jul 2012
Location: Basel
Posts: 1,535
Groaned at 11 Times in 10 Posts
Thanked 1,834 Times in 787 Posts
DantesDame has a reputation beyond reputeDantesDame has a reputation beyond reputeDantesDame has a reputation beyond reputeDantesDame has a reputation beyond repute
Re: Where would you retire to?

Quote:
View Post
When it comes time to retire, I think we will move somewhere cheaper than Switzerland. Thought it would be interesting to find out where others would move to.
Quote:
View Post
and other places you guys have suggested, OP asked for warm.
Note that the OP asked for others' opinions on where THEY might move to
Reply With Quote
  #43  
Old 02.01.2022, 16:47
3Wishes's Avatar
Moderately Amused
 
Join Date: Jul 2010
Location: Bern area
Posts: 11,885
Groaned at 102 Times in 96 Posts
Thanked 21,317 Times in 9,313 Posts
3Wishes has a reputation beyond repute3Wishes has a reputation beyond repute3Wishes has a reputation beyond repute3Wishes has a reputation beyond repute3Wishes has a reputation beyond repute3Wishes has a reputation beyond repute
Re: Where would you retire to?

If one has reading time, here are a couple of older threads with more ideas and some fun comments:

https://www.englishforum.ch/finance-...re-retire.html

https://www.englishforum.ch/leaving-...ry-retire.html

I didn't merge, because this latest thread would instantly become a slog of at least 20 pages.
Reply With Quote
  #44  
Old 02.01.2022, 16:56
Jim2007's Avatar
Forum Legend
 
Join Date: Jun 2006
Location: Kt. Bern
Posts: 6,248
Groaned at 410 Times in 294 Posts
Thanked 10,364 Times in 4,508 Posts
Jim2007 has a reputation beyond reputeJim2007 has a reputation beyond reputeJim2007 has a reputation beyond reputeJim2007 has a reputation beyond reputeJim2007 has a reputation beyond reputeJim2007 has a reputation beyond repute
Re: Where would you retire to?

Quote:
View Post
Portugal's nao habitual scheme (10 years tax-free) makes it a strong contender. The downside is that there are long wait times for everything, including healthcare. You really have to get with the "amanha" way of life...

https://www-movingtoportugal-pt.tran...n&_x_tr_pto=sc
But if I remember correctly it is time limited and there after you start paying
Reply With Quote
  #45  
Old 02.01.2022, 18:42
magic's Avatar
Forum Veteran
 
Join Date: Mar 2008
Location: Versoix
Posts: 1,170
Groaned at 10 Times in 9 Posts
Thanked 829 Times in 346 Posts
magic has a reputation beyond reputemagic has a reputation beyond reputemagic has a reputation beyond reputemagic has a reputation beyond reputemagic has a reputation beyond repute
Re: Where would you retire to?

Just back from 5 days in Lugano and I love the place, especially impressed when I hiked up Monte Bré, the views are stunning.

Love the food, the culture, people seemed polite more Mediterranean feel to the place.

Cost of living appears in my short search to be a lot cheaper than Geneva.

I too have spend quite a bit of time thinking about Portugal but keeping the healthcare and pillar 1 is what is persuading me to seriously consider staying here.

There is always the option to spend time abroad in the winter months.

I walked everywhere and love the up down nature of the terrain and reckon if you do that your waistline is going to stay slim

If I decide to retire here, it puts the question of applying for Swiss back on the table, not sure what benefits that would give me? A sense of belonging would be my personal one, would be amazing in one sense to get that, move to Lugano and then learn Italian, even I would be impressed with myself
Reply With Quote
  #46  
Old 02.01.2022, 18:53
Forum Legend
 
Join Date: Aug 2015
Location: Zurich City
Posts: 7,835
Groaned at 609 Times in 359 Posts
Thanked 9,750 Times in 4,529 Posts
ZuriRollt has a reputation beyond reputeZuriRollt has a reputation beyond reputeZuriRollt has a reputation beyond reputeZuriRollt has a reputation beyond reputeZuriRollt has a reputation beyond reputeZuriRollt has a reputation beyond repute
Re: Where would you retire to?

Quote:
View Post
Just back from 5 days in Lugano and I love the place, especially impressed when I hiked up Monte Bré, the views are stunning.

Love the food, the culture, people seemed polite more Mediterranean feel to the place.

Cost of living appears in my short search to be a lot cheaper than Geneva.

I too have spend quite a bit of time thinking about Portugal but keeping the healthcare and pillar 1 is what is persuading me to seriously consider staying here.

There is always the option to spend time abroad in the winter months.

I walked everywhere and love the up down nature of the terrain and reckon if you do that your waistline is going to stay slim

If I decide to retire here, it puts the question of applying for Swiss back on the table, not sure what benefits that would give me? A sense of belonging would be my personal one, would be amazing in one sense to get that, move to Lugano and then learn Italian, even I would be impressed with myself
Consider yourself as having been thanked
Reply With Quote
  #47  
Old 02.01.2022, 19:31
komsomolez's Avatar
Forum Legend
 
Join Date: Jan 2008
Location: SZ
Posts: 4,640
Groaned at 566 Times in 407 Posts
Thanked 11,363 Times in 4,833 Posts
komsomolez has a reputation beyond reputekomsomolez has a reputation beyond reputekomsomolez has a reputation beyond reputekomsomolez has a reputation beyond reputekomsomolez has a reputation beyond reputekomsomolez has a reputation beyond repute
Re: Where would you retire to?

Quote:
View Post
Portugal's nao habitual scheme (10 years tax-free) makes it a strong contender.
Is this still in force for newcomers? Thought had expired.
Reply With Quote
  #48  
Old 02.01.2022, 19:57
me.anon's Avatar
Forum Legend
 
Join Date: Jan 2012
Location: thun
Posts: 2,509
Groaned at 77 Times in 55 Posts
Thanked 3,351 Times in 1,630 Posts
me.anon has a reputation beyond reputeme.anon has a reputation beyond reputeme.anon has a reputation beyond reputeme.anon has a reputation beyond reputeme.anon has a reputation beyond reputeme.anon has a reputation beyond repute
Re: Where would you retire to?

Quote:
View Post
. . .
If I decide to retire here, it puts the question of applying for Swiss back on the table, not sure what benefits that would give me? . . .
Well, one benefit is the ability to leave the country for more than 6 months and still be able to return (assuming you have a 'C' permit, that is).
Reply With Quote
  #49  
Old 02.01.2022, 20:10
3Wishes's Avatar
Moderately Amused
 
Join Date: Jul 2010
Location: Bern area
Posts: 11,885
Groaned at 102 Times in 96 Posts
Thanked 21,317 Times in 9,313 Posts
3Wishes has a reputation beyond repute3Wishes has a reputation beyond repute3Wishes has a reputation beyond repute3Wishes has a reputation beyond repute3Wishes has a reputation beyond repute3Wishes has a reputation beyond repute
Re: Where would you retire to?

Quote:
View Post
...it puts the question of applying for Swiss back on the table, not sure what benefits that would give me?
Your profile says you're a UK citizen. Since the UK is no longer part of the EU, becoming Swiss could allow you to retire more easily in any EU country - should you decide retiring in Switzerland isn't for you.
Reply With Quote
  #50  
Old 02.01.2022, 20:14
komsomolez's Avatar
Forum Legend
 
Join Date: Jan 2008
Location: SZ
Posts: 4,640
Groaned at 566 Times in 407 Posts
Thanked 11,363 Times in 4,833 Posts
komsomolez has a reputation beyond reputekomsomolez has a reputation beyond reputekomsomolez has a reputation beyond reputekomsomolez has a reputation beyond reputekomsomolez has a reputation beyond reputekomsomolez has a reputation beyond repute
Re: Where would you retire to?

Quote:
View Post
Portugal's nao habitual scheme (10 years tax-free) makes it a strong contender. The downside is that there are long wait times for everything, including healthcare. You really have to get with the "amanha" way of life...

https://www-movingtoportugal-pt.tran...n&_x_tr_pto=sc
Quote:
View Post
Is this still in force for newcomers? Thought had expired.
"In its annual 2020 budget, Portugal introduced a 10% tax on the foreign-source pension income for ”non-habitual residents.” This in response to concerns raised by some EU countries over discriminatory tax regimes resulting in zero-taxed income.

[...]

Individuals who are subject to the new NHR tax regime rules will be able to choose if they prefer to be taxed according to the general tax regime, in which case the marginal Portuguese income tax rates will be applicable (currently, up to 53 percent), rather than the flat rate."



https://home.kpmg/xx/en/home/insight...-2020-192.html
Reply With Quote
  #51  
Old 02.01.2022, 20:39
Blueangel's Avatar
Forum Legend
 
Join Date: Nov 2015
Location: Küsnacht, Switzerland
Posts: 4,267
Groaned at 131 Times in 115 Posts
Thanked 11,534 Times in 5,024 Posts
Blueangel has a reputation beyond reputeBlueangel has a reputation beyond reputeBlueangel has a reputation beyond reputeBlueangel has a reputation beyond reputeBlueangel has a reputation beyond reputeBlueangel has a reputation beyond repute
Re: Where would you retire to?

Practical option for us would be Greece as OH already owns property there, including a share of a plot of undeveloped land with sea views and established olive grove. Typically, he has other ideas and is learning Spanish just in case. We saw the perfect house a couple of weeks ago and well within budget, but the location was near Alicante instead of our Cadiz preference. Also interested in Portugal's Silver coast.


We have a very clear vision of what we want, just not totally sure of where it should be, but wherever we end up, it will be a privilege to reach such an age and an absolute luxury to have choices.
Reply With Quote
  #52  
Old 02.01.2022, 21:18
Forum Legend
 
Join Date: Mar 2009
Location: Zurich
Posts: 14,319
Groaned at 1,494 Times in 985 Posts
Thanked 21,894 Times in 8,337 Posts
Chuff has a reputation beyond reputeChuff has a reputation beyond reputeChuff has a reputation beyond reputeChuff has a reputation beyond reputeChuff has a reputation beyond reputeChuff has a reputation beyond repute
Re: Where would you retire to?

Quote:
View Post
Your profile says you're a UK citizen. Since the UK is no longer part of the EU, becoming Swiss could allow you to retire more easily in any EU country - should you decide retiring in Switzerland isn't for you.
Yup, if you are from the UK then a Swiss passport is now worth many times its weight in gold. Lets just hope there's no Swexit in years to come.
Reply With Quote
  #53  
Old 02.01.2022, 21:22
Island Monkey's Avatar
Forum Legend
 
Join Date: Mar 2008
Location: Wallis
Posts: 7,720
Groaned at 186 Times in 118 Posts
Thanked 9,110 Times in 4,076 Posts
Island Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond repute
Re: Where would you retire to?

Quote:
View Post
Yup, if you are from the UK then a Swiss passport is now worth many times its weight in gold. Lets just hope there's no Swexit in years to come.
Yep. Praying the Swiss and EU sort their shit out
Reply With Quote
  #54  
Old 03.01.2022, 12:25
magic's Avatar
Forum Veteran
 
Join Date: Mar 2008
Location: Versoix
Posts: 1,170
Groaned at 10 Times in 9 Posts
Thanked 829 Times in 346 Posts
magic has a reputation beyond reputemagic has a reputation beyond reputemagic has a reputation beyond reputemagic has a reputation beyond reputemagic has a reputation beyond repute
Re: Where would you retire to?

Quote:
View Post
Your profile says you're a UK citizen. Since the UK is no longer part of the EU, becoming Swiss could allow you to retire more easily in any EU country - should you decide retiring in Switzerland isn't for you.
Yes, you are correct I am a UK citizen & it would definitely bring some benefits, so worth doing.
Reply With Quote
  #55  
Old 03.01.2022, 12:28
Island Monkey's Avatar
Forum Legend
 
Join Date: Mar 2008
Location: Wallis
Posts: 7,720
Groaned at 186 Times in 118 Posts
Thanked 9,110 Times in 4,076 Posts
Island Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond repute
Re: Where would you retire to?

Out of France, Spain, Italy, Portugal and Malta, which;

- Are the most welcoming people?
- Have the most laid back attitudes to general life? (like I'm unlikely to get a passive aggressive note left on my door for wearing the wrong colour socks on a Sunday).
- Have the least bureaucracy?

You might notice there are a few bits of Switzerland I'd like to leave behind at some point.

If I had the passport and the finances, Australia would be my top pick of places to live. Or if Ireland had better weather.
Reply With Quote
  #56  
Old 03.01.2022, 12:33
komsomolez's Avatar
Forum Legend
 
Join Date: Jan 2008
Location: SZ
Posts: 4,640
Groaned at 566 Times in 407 Posts
Thanked 11,363 Times in 4,833 Posts
komsomolez has a reputation beyond reputekomsomolez has a reputation beyond reputekomsomolez has a reputation beyond reputekomsomolez has a reputation beyond reputekomsomolez has a reputation beyond reputekomsomolez has a reputation beyond repute
Re: Where would you retire to?

Quote:
View Post
......you being what then ?
Oh, a PC response. Yes, I am a migrant. No, I would not want to retire in proximity of where regularly hundereds of refugees from Africa land and are put into refugee camps. Call me weird.
Reply With Quote
  #57  
Old 03.01.2022, 12:35
komsomolez's Avatar
Forum Legend
 
Join Date: Jan 2008
Location: SZ
Posts: 4,640
Groaned at 566 Times in 407 Posts
Thanked 11,363 Times in 4,833 Posts
komsomolez has a reputation beyond reputekomsomolez has a reputation beyond reputekomsomolez has a reputation beyond reputekomsomolez has a reputation beyond reputekomsomolez has a reputation beyond reputekomsomolez has a reputation beyond repute
Re: Where would you retire to?

Quote:
View Post
We've been holidaying in S. Tirol for dogs years, mostly in the Deutschnofen area. Tons to do; friendly people and gorgeous food. But Italian taxes
As said above, Italy offers 5% flat tax on foreign pensions.
Reply With Quote
  #58  
Old 03.01.2022, 12:39
kri's Avatar
kri kri is offline
Forum Legend
 
Join Date: Nov 2007
Location: Zürich City
Posts: 3,387
Groaned at 71 Times in 54 Posts
Thanked 3,564 Times in 1,710 Posts
kri has a reputation beyond reputekri has a reputation beyond reputekri has a reputation beyond reputekri has a reputation beyond reputekri has a reputation beyond repute
Re: Where would you retire to?

Quote:
View Post
Out of France, Spain, Italy, Portugal and Malta, which;

- Are the most welcoming people?
- Have the most laid back attitudes to general life? (like I'm unlikely to get a passive aggressive note left on my door for wearing the wrong colour socks on a Sunday).
- Have the least bureaucracy?

You might notice there are a few bits of Switzerland I'd like to leave behind at some point.

If I had the passport and the finances, Australia would be my top pick of places to live. Or if Ireland had better weather.
Cannot talk for many of those countries directly but Italy's bureacreacy is crazy and its one of the reason I avoid doing as little as possible with my birth country. We once got ad admin fine for something minor and it was 6 pages of legalese that as a highly educated person and fluent in the language I could not understand. The recent process to get your green pass validated is another example.

But overall what bugs me most is the individualistic attitude and "I will get you if I can" mentality which means I am always on alert when I am there.
Reply With Quote
  #59  
Old 03.01.2022, 12:39
kri's Avatar
kri kri is offline
Forum Legend
 
Join Date: Nov 2007
Location: Zürich City
Posts: 3,387
Groaned at 71 Times in 54 Posts
Thanked 3,564 Times in 1,710 Posts
kri has a reputation beyond reputekri has a reputation beyond reputekri has a reputation beyond reputekri has a reputation beyond reputekri has a reputation beyond repute
Re: Where would you retire to?

Side note - why is there no thanks or groan button on this thread?
Reply With Quote
  #60  
Old 03.01.2022, 12:42
Island Monkey's Avatar
Forum Legend
 
Join Date: Mar 2008
Location: Wallis
Posts: 7,720
Groaned at 186 Times in 118 Posts
Thanked 9,110 Times in 4,076 Posts
Island Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond repute
Re: Where would you retire to?

Quote:
View Post
Cannot talk for many of those countries directly but Italy's bureacreacy is crazy and its one of the reason I avoid doing as little as possible with my birth country. We once got ad admin fine for something minor and it was 6 pages of legalese that as a highly educated person and fluent in the language I could not understand. The recent process to get your green pass validated is another example.

But overall what bugs me most is the individualistic attitude and "I will get you if I can" mentality which means I am always on alert when I am there.
Well that's Italy out

Quote:
View Post
Side note - why is there no thanks or groan button on this thread?
Don't know, it's never in the forum section. Very annoying!
Reply With Quote
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
How much would someone need to retire in Switzerland? Deep Purple Daily life 50 14.10.2023 18:48
Where to retire? Phil_MCR Finance/banking/taxation 175 19.08.2019 19:04
Best country to retire WilliamTell Leaving Switzerland 151 05.01.2017 01:28
How much $ to retire here? Guest Other/general 76 02.03.2016 21:16
When Does Scrooge Retire Ravenk Daily life 87 09.07.2013 21:19


All times are GMT +2. The time now is 12:35.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0