switzerland

science_trader · Dec 8, 2004

Quote from Kicking:

That's right. I think my best bet would be within an hour drive from Geneva, cantonal and church taxes not exceeding 220% of the federal tax , and no taxation of capital gains even for a trader.

Valais, definitely. 300 sunny days a year in Sion. If you like high standard of living, this is definitely the place to be. You won't find so many cultural events there, but who cares ? Lausanne-Vevey-Montreux is 30 minutes and Geneva 1 hour away...

Just imagine : go skiing during the day and trade US markets in the evening... what a life !

Kicking · Dec 10, 2004

Is cable tv widely available ? I like cable better for the internet and I will need CNBC and Bloomberg too ideally. Satellite dishes are a pain to install when you rent. Which are the providers in Suisse romande?

laocoon · Dec 10, 2004

Cable is widely available, the biggest provider is Cablecom. (cablecom.ch)

Cheers

science_trader · Dec 10, 2004

Quote from Kicking:

Is cable tv widely available ? I like cable better for the internet and I will need CNBC and Bloomberg too ideally. Satellite dishes are a pain to install when you rent. Which are the providers in Suisse romande?

Cablecom is widely distributed in Switzerland. Lausanne area is urbanet.

For CNBC, I don't know. It's not the kind of program I would like to watch ;-) I think you need satellite for that.

laocoon · Dec 10, 2004

CNBC is available in Geneva through the local cable provider (Telegeneve). It is a part of the standard channel selection you get without extra fee.

Kicking · Dec 10, 2004

Thanks,

I am visiting the cantons website to find info about foreign residents and taxes.
So far Vaud and Neuchatel seem to have a wealth tax, I can not find any info on taxes on the website of the Valais administration. I thought there was no wealth tax in Switzerland? !

science_trader · Dec 10, 2004

Quote from Kicking:

Thanks,

I am visiting the cantons website to find info about foreign residents and taxes.
So far Vaud and Neuchatel seem to have a wealth tax, I can not find any info on taxes on the website of the Valais administration. I thought there was no wealth tax in Switzerland? !

There is wealth tax everywhere in Switzerland.

Kicking · Dec 10, 2004

and how does it work ? what is the threshold -if any- above which you are subjected to that tax

science_trader · Dec 10, 2004

Quote from Kicking:

and how does it work ? what is the threshold -if any- above which you are subjected to that tax

It must be around 25000$ for singles. It's higher for families.

Kicking · Dec 10, 2004

I read that you have to declare all securities held on 01/01 of the fiscal year. I understand that it is for the purpose of determining dividend tax and tax on interest payments. This means however that you end up declaring that you buy and sell securities which can lead to further investigation and the requalification of your trading as a gainful activity.