Go Back   English Forum Switzerland > Help & tips > Housing in general  
Reply
 
Thread Tools Display Modes
  #1  
Old 14.04.2021, 16:24
Newbie 1st class
 
Join Date: Jul 2014
Location: Geneve
Posts: 23
Groaned at 0 Times in 0 Posts
Thanked 0 Times in 0 Posts
geneve78 has no particular reputation at present
buying 2nd house in another canton or better...

Hi all,

Have a relatively straightforward question i reckon.
We live in Vaud. Might be looking to buy a second home in Switzerland.

Is it much much simpler to buy in the same canton?
If we buy in a different canton do we need to send tax declaration forms
to 2 different cantons?

In other words, in case we find something we like in Valais and something
similar in Vaud, would it be a big plus to keep all in Vaud?

thanks!
Reply With Quote
  #2  
Old 14.04.2021, 16:37
Guest
 
Posts: n/a
Re: buying 2nd house in another canton or better...

Quote:
View Post
Hi all,

Have a relatively straightforward question i reckon.
We live in Vaud. Might be looking to buy a second home in Switzerland.

Is it much much simpler to buy in the same canton?
If we buy in a different canton do we need to send tax declaration forms
to 2 different cantons?

In other words, in case we find something we like in Valais and something
similar in Vaud, would it be a big plus to keep all in Vaud?

thanks!
You'll register the purchase with the (new) commune and declare it to them as a second home, so will then be liable for a number of taxes and other local fees. Your annual tax declaration, while of course including details of all those taxes paid, will still, and only, be done in your 'home' town.

I can't see why it would make any difference if it's in the same canton or not.
Reply With Quote
This user would like to thank for this useful post:
  #3  
Old 14.04.2021, 17:14
robBob's Avatar
Forum Legend
 
Join Date: Mar 2012
Location: Zurich
Posts: 3,286
Groaned at 67 Times in 52 Posts
Thanked 3,259 Times in 1,740 Posts
robBob has a reputation beyond reputerobBob has a reputation beyond reputerobBob has a reputation beyond reputerobBob has a reputation beyond reputerobBob has a reputation beyond reputerobBob has a reputation beyond repute
Re: buying 2nd house in another canton or better...

It would be a non-liquid asset. Therefore, taxed in the canton where it is located. If in another canton it will not be taxed in you canton of residence. However, its value will be used to determine the wealth tax rate. Also, yes, if another canton, one must file in both cantons.
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
buying from different canton derbu Transportation/driving 12 02.11.2020 18:20
When buying a house, are house contents included Rory Housing in general 8 21.11.2016 11:34
Buying a house - can we borrow more than the house price? Iper Housing in general 14 03.11.2015 08:25
Buying a home in Canton Zurich or Canton Aargau teamj&j Housing in general 13 09.02.2014 23:38
Buying a car in a different canton AndrewD Transportation/driving 16 06.05.2012 17:42


All times are GMT +2. The time now is 16:34.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0