Thrive with Foreign Accounts as a Swiss Resident

Quick Take: Swiss residents are subject to unlimited tax liability, meaning all worldwide income and assets, including foreign bank accounts and the income they generate, are taxable in Switzerland. Tax Implications of Foreign Bank Accounts for Swiss Residents Owning foreign bank accounts as a Swiss...
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Mastering Crypto Taxes in Switzerland: Unlock Wealth and Peace of Mind

Quick Take: With a global crypto adoption rate of around 7%, we’re still in the early stages of what could be the next .com boom. As this space grows, it’s vital to accurately file your 2024 tax return, making sure to declare both income and assets properly. Switzerland’s crypto-friendly lands...
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Expats – Maximize Your Tax Savings in Switzerland Before Year-End 

As the year winds down, it’s the perfect time for expats in Switzerland to optimize their tax situation. With a few simple steps, you can lower your tax burden and set yourself up for a better tax return in 2024. Here are some key strategies to consider before December 31st.  1. Contribute to...
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Home Office Tax Deductions Switzerland

Home Office Deductions: What You Need to Know

The Home Office deduction can provide tax benefits for both employed and self-employed individuals working from home. However, specific requirements must be met, and eligibility can vary based on individual circumstances and canton-specific regulations. What Are the Requirements? To claim a Home Off...
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Swiss Mountian home

What is the deal with Eigenmietwert? An Overview

The Eigenmietwert is the imputed rental value of owner-occupied properties in Switzerland. It is treated as notional income and used to calculate income tax. This value represents the amount an owner would earn if they rented out their property to a third party, and it must be reported as income on ...
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Do I Need to Pay Tax on Property Abroad?

We get this question a lot. Often clients do not understand the Swiss Tax system or are afraid of paying more taxes and therefore neglected to declare foreign assets in the past.   Short Answer  No, you do not have to pay Swiss tax on real estate located outside of Switzerland.   But ...
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