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Lisa Culton
Nomad Capitalist
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Comments by "Lisa Culton" (@LisaCulton) on "This is What “Stay and Fight” Looks Like" video.
@MuzixMaker You can get a residency permit in Switzerland by agreeing to pay tax, not on income or wealth, but on the amount that you spend annually. The minimum annual tax is 250,000.
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I like living in Switzerland, but the weather is cold/foggy/wet/ dark for a lot of the year.
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@MuzixMaker I don't do the lump sum taxation, just normal taxation as an employee. Even with a high income, I'm just in the 20% tax bracket, and take all deductions possible, so the tax burden is actually quite low and that's how people can afford to live in Switzerland. A normal Pizza around where I live is around $15. (and CHF 15 is the max daily amount that a worker can deduct per day for lunches away from home! 👍👷♀️)
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@MuzixMaker Lump sum taxation is a product for ultra high net worth individuals. That is 250,000 CHF.
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