Excise taxation (flat-rate taxation) for wealthy individuals who wish to transfer their residence to Switzerland is extremely attractive. EU citizens have the possibility of agreeing a kind of flat-rate taxation in Switzerland. The basis of calculation for the tax assessment is primarily the style of living. Thus, for example, the annual rent value (a multiple of this) of the apartment/house is taken as the starting point. To make use of all the advantages offered by such a solution, account has to be taken of the individual situation and of the complete environment as a whole (double taxation agreement).
The following personal preconditions must be met: natural persons who take up fiscal residence or a fiscal stay in Switzerland for the first time or after an absence from the country of at least 10 years and do not exercise any gainful activity in Switzerland. EG/EFTA citizens are entitled to a residence permit with the possibility of acquiring landed property in Switzerland and arranging for their family to join them.
The following conditions are stipulated:
- Close relations with Switzerland
- No gainful activity in Switzerland or in any other country
- Social and economic conditions are centered in Switzerland
Necessary financial resources must be available