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Old 04.09.2011, 10:25
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UK citizen retiring to Vaud

Good morning.
We have owned a holiday property in the Vaud for ten years, visited frequently, and now beginning to think we may consider retiring to Switzerland. We have diligently paid our taxes, as etrangers, but does all that change if we retire here on a permanent basis - and presumably apply for a B-permit? (is that the right permit?)

Has anyone (recently) been through this process and can advise about any potential elephant traps? Have there been any recent changes to the system in the Vaud?
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Old 04.09.2011, 10:37
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Re: UK citizen retiring to Vaud

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Good morning.
We have owned a holiday property in the Vaud for ten years, visited frequently, and now beginning to think we may consider retiring to Switzerland. We have diligently paid our taxes, as etrangers, but does all that change if we retire here on a permanent basis - and presumably apply for a B-permit? (is that the right permit?)

Has anyone (recently) been through this process and can advise about any potential elephant traps? Have there been any recent changes to the system in the Vaud?
Is the property designated a 'holiday property', or do you just use it as such?
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Old 04.09.2011, 11:08
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Re: UK citizen retiring to Vaud

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Have there been any recent changes to the system in the Vaud?
There have been changes across the whole Switzerland in the last 10 years and things are much easier for EU citizens since 2004.

Hopefully you are aware that your pension will be worth a lot less here - many expats are doing it the other way round and retiring outside Switzerland where the exchange rate works in their favour.

Anyhoo, as the FatMan implies, if you have a holiday home as defined by the Vaud authorities then you would need to have this designation changed. Firt contact the local town hall for the process.
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Old 04.09.2011, 11:14
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Re: UK citizen retiring to Vaud

We have done this 2 years ago, but to Neuchatel Jura. The only difficult issue now is the exchange rate- where we have seen our income plummet by more than 50% since arrival. Are you of official retirement age in the UK? In which case you can apply for Form S101 and get most of your health Insurance paid for by UK Gvt. (franchise 300CHF per year and - 10%).
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Old 04.09.2011, 11:49
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Re: UK citizen retiring to Vaud

Another point to consider is that you will have to provide details that you have enough funds to live on. I know that it was around 50,000 CHF a year which of course now is a lot more in ússs
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Old 04.09.2011, 11:50
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Re: UK citizen retiring to Vaud

Go on, rub it in Smackerjack , LOL (LOL??? it's not funny really). xx
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Old 04.09.2011, 11:56
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Re: UK citizen retiring to Vaud

The British HMRC will hound you for taxes unless you can make a clean break. Sell your house, avoid holidays there, close bank accounts etc. put your savings in a Jersey account (Channel Islands are not in the EU).
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Old 04.09.2011, 12:06
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Re: UK citizen retiring to Vaud

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The British HMRC will hound you for taxes unless you can make a clean break. Sell your house, avoid holidays there, close bank accounts etc. put your savings in a Jersey account (Channel Islands are not in the EU).
All I had to do was deregister with the HMRC with one simple form.
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Old 04.09.2011, 12:09
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Re: UK citizen retiring to Vaud

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All I had to do was deregister with the HMRC with one simple form.
That does not mean your off the hook yet, you have started the process. Hopefully the law will change after the budget making things clearer for the future. The new rules will not be retrospective.
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Old 04.09.2011, 12:40
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Re: UK citizen retiring to Vaud

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All I had to do was deregister with the HMRC with one simple form.
http://www.hmrc.gov.uk/international/faqs.htm

http://www.hmrc.gov.uk/report-changes/

Last edited by Ittigen; 04.09.2011 at 13:14.
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Old 04.09.2011, 12:51
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Re: UK citizen retiring to Vaud

The rules are complex, it's all about if you have really left the UK permanently, or are just working abroad intending to return.

If you never really left then you are liable to UK taxes on your world wide income for the entire period, UK taxes will be higher than in the UK especially with today's exchange rates.

Somebody who just works in CH for a couple of years could be in trouble on their return if they did not sell up their UK home & other assets to 'leave'.
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Old 04.09.2011, 14:22
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Re: UK citizen retiring to Vaud

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That does not mean your off the hook yet, you have started the process. Hopefully the law will change after the budget making things clearer for the future. The new rules will not be retrospective.
Should have mentioned - that was years ago .

I have a letter from the (then) Inland Revenue stating they have no claims on me and I need not complete a tax return unless I move back in the future.

Agreed, these days it is so much more complicated.
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