Customs regulation for gold in Switzerland

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  • Benutzernamesmartfreddy
  • Status Member
  • Registriert seit1/24/17
  • Beiträge31

I hold a number of Krugerrands which I would like to take with me to Switzerland. How much can I expect to pay in customs duties and VAT?

 
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  • BenutzernameNikolai
  • Status Member
  • Registriert seit1/24/17
  • Beiträge23

I don't think there is limit for bringing gold into Switzerland. I am not sure about taxes.

 
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  • BenutzernameMoneyguru von moneyland.ch
  • OrtSchweiz
  • Status Expert
  • Registriert seit8/4/15
  • Beiträge4079

Switzerland does not charge VAT on gold bullion and gold coins (you do pay VAT on gold jewelry). Kruger rands are a legal currency and as such they do not need to be declared at customs when entering Switzerland. It is important, however, that you have records as to how you obtained the gold coins because customs authorities reserve the right to question you.

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  • 24 ATM withdrawals worldwide per year free of charge

Swiss digital bank

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