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Rubens Nogueira
Nomad Capitalist
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Comments by "Rubens Nogueira" (@rubensnogueira5838) on "How to Live in Switzerland for Half Price" video.
Anyone with specific EU passports won't need to go through the hassle of applying for lump-sum: just enter the country as a self-sufficient person and, with the right types of income, virtually or absolutely no income tax.
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What if you invest solely on foreign real estate for rental income? Wouldn't you be free from income tax?
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@torontovoice1 there is also inheritance tax, but only on very few cantons. Anyway, wealth tax is not income tax and you can choose some cantons that charge you close to 0.1% p.a. Believe me: unless you are a UHNWI loaded only with cash/equities and no real estate abroad, the wealth tax is your least problem. Your weekly BBQs will probably be more expensive than that.
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@rai7002 is that some rule that I don't know? Or do you mean that the savings will end and the person will need a job?
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@torontovoice1 if you mean Facebook, I don't have it LOL but Schwyz and Zug are surely on the list. If you Google for wealth tax by cantons, you will probably find a complete table.
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