Here you will find the right answers
The moneyland.ch forum lets you exchange knowledge on numerous topics related to money and get answers to your questions at any time. Join forum users and experts in discussions relating to banking, investment, insurance, retirement, telecom and everyday money topics.
Show categories
Dear Sir/Madam,
I read your website with great interest.
As a potential non-resident investor in Switzerland I would like to enquire if non-residents have to pay tax on a life insurance product? Does a non resident have to pay tax on a Swiss annuity?
Thank you
Regards
Hi there,
Swiss life annuities are subject to a 15% withholding tax. This tax is withheld by the insurance provider on behalf of Swiss tax authorities.
If you live in a country with which Switzerland has a double taxation tax treaty, you can request a refund of this withholding tax if you meet the requirements laid out in the double taxation treaty. This allows you to avoid paying taxes twice on the same income.
Best regards from Moneyguru
More on this topic:
Swiss life annuities explained
