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If someone's aim is to avoid a wealth tax, then moving to Switzerland (one of the few other countries with a wealth tax) seems like a confusing choice. The Swis
by eertami 1y ago
If someone's aim is to avoid a wealth tax, then moving to Switzerland (one of the few other countries with a wealth tax) seems like a confusing choice. The Swiss wealth tax is payable in some cantons from ~50k Euros.
- xur17 1y agoSwitzerland's wealth tax is a lot more reasonable though. UK is 2%, Norway is 1.1%, the Swiss ones are all below 1% (depends on your canton), ex the Zug canton is 0.21%.
- simonsquiff 1y agoThere is no UK wealth tax - just your normal income / capital gains tax etc. Dont know what your 2% is meant to be referring to here.
- tchalla 1y agoAll that matters is the total tax. You calculate the toes tax in Switzerland (including wealth tax) to that of Norway and then you may see it’s a clear choice.