Hello there,

I’ve living and working in Zurich since 2017. This year I found out that I actually have to declare my house in Portugal here in Switzerland. Can somebody explain me why I have to do it if this property is already taxed in my country?

Thanks in advance,
Pineiro

Points: 10
  • hat auf diesen Beitrag geantwortet.
    5 Tage später

    Pineiro
    Hi Pineiro.

    According to the local tax law, you have to declare all assets you own as of 31. December of the year in question worldwide (in Switzerland as well as abroad).

    However, be aware, only assets in Switzerland are actually taxed in Switzerland. The value of your house in Portugal is only used to determine the tax rate. This tax rate is then applied to your Swiss assets. So, basically, you don’t pay twice 😉

    Regards,
    abrechnungen.ch

        10 Monate später
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