Go Back   English Forum Switzerland > Help & tips > Leaving Switzerland  
Reply
 
Thread Tools Display Modes
  #1  
Old 01.08.2011, 15:32
Newbie 1st class
 
Join Date: Nov 2009
Location: Zurich
Posts: 28
Groaned at 0 Times in 0 Posts
Thanked 8 Times in 4 Posts
Jack Carter has no particular reputation at present
Question about home ownership

Hi,

I've bought a place in Switzerland (in Zurich). I have a question: what happens if I leave Switzerland? Can I rent the property or am I forced to sell it?

I'm british with a B permit.

I ask as an opportunity has been presented to me and I need to understand the full implications of leaving the country.

Thanks,

JC
Reply With Quote
  #2  
Old 01.08.2011, 15:38
Phil_MCR's Avatar
Forum Legend
 
Join Date: Oct 2009
Location: Basel
Posts: 14,747
Groaned at 284 Times in 189 Posts
Thanked 18,639 Times in 7,827 Posts
Phil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond repute
Re: Question about home ownership

Quote:
View Post
Hi,

I've bought a place in Switzerland (in Zurich). I have a question: what happens if I leave Switzerland? Can I rent the property or am I forced to sell it?

I'm british with a B permit.

I ask as an opportunity has been presented to me and I need to understand the full implications of leaving the country.

Thanks,

JC
i think you can rent it. but tax bill might be quite a bit.
Reply With Quote
  #3  
Old 01.08.2011, 15:43
Forum Legend
 
Join Date: Nov 2009
Location: Vaud
Posts: 2,894
Groaned at 97 Times in 46 Posts
Thanked 1,932 Times in 921 Posts
Anthony1406 has a reputation beyond reputeAnthony1406 has a reputation beyond reputeAnthony1406 has a reputation beyond reputeAnthony1406 has a reputation beyond reputeAnthony1406 has a reputation beyond repute
Re: Question about home ownership

all your answers can be found here.
http://geneva.angloinfo.com/countrie...d/housebuy.asp
Reply With Quote
This user would like to thank Anthony1406 for this useful post:
  #4  
Old 01.08.2011, 16:07
Forum Legend
 
Join Date: Oct 2009
Location: la cote
Posts: 3,608
Groaned at 21 Times in 13 Posts
Thanked 3,257 Times in 1,712 Posts
runningdeer has a reputation beyond reputerunningdeer has a reputation beyond reputerunningdeer has a reputation beyond reputerunningdeer has a reputation beyond reputerunningdeer has a reputation beyond repute
Re: Question about home ownership

Presuming you have a mortgage, best to check with the bank about the specifics as well. Some may have limitations on this aspect as well.
Reply With Quote
  #5  
Old 17.09.2011, 11:57
Junior Member
 
Join Date: Aug 2011
Location: Bassersdorf
Posts: 32
Groaned at 1 Time in 1 Post
Thanked 9 Times in 9 Posts
AussieRose has no particular reputation at present
Re: Question about home ownership

Yep, you can rent it.. but of course, you have to pay tax.
Reply With Quote
  #6  
Old 17.09.2011, 14:03
fatmanfilms's Avatar
Forum Legend
 
Join Date: Apr 2010
Location: Verbier
Posts: 21,376
Groaned at 461 Times in 352 Posts
Thanked 23,091 Times in 11,824 Posts
fatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond repute
Re: Question about home ownership

Quote:
View Post
Yep, you can rent it.. but of course, you have to pay tax.
I always thought rent was tax free in CH, as the OP already is taxed on notional rental income.

Of course there may be a tax liability in the UK especially as interest charged on a mortgage is not deductible.
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
Company question/House ownership markalex Finance/banking/taxation 3 11.11.2010 22:32
A question about Judaism (or maybe just about etiquette?) googler Daily life 44 28.04.2010 12:24
Car import - where and how do they know about 6 month ownership? newtoswitz Transportation/driving 15 18.01.2010 23:16
Second home ownership - advice and definition, please annah Housing in general 7 12.02.2009 18:27
Tricky overseas ownership Question Guest Housing in general 1 06.06.2007 18:04


All times are GMT +2. The time now is 21:01.


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