How to Pay as Little as 1% Tax in Switzerland
1 year ago
5
Although the days of banking privacy are long gone in Switzerland, it can still be a rock-solid base. It's often wrongly labeled as a tax haven, but it actually has rather high tax rates for Swiss residents.
However, what's less well known is that wealthy people can move to Switzerland and pay very little in tax. That's because when you become a resident of Switzerland, you can make a special deal with the tax authorities in your local canton.
The amount of tax you pay in Switzerland will be based on how much you spend in Switzerland rather than on your worldwide income.
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