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Wealthy individuals are increasingly relocating to tax-friendly areas like Oberägeri before retirement to significantly reduce their tax burdens on capital withdrawals. UBS Vice Chairman Lukas Gähwiler exemplifies this trend, moving from Langnau am Albis to save up to 70% in taxes on large pension payouts. However, to benefit, one must genuinely establish their main residence in the new canton, as superficial moves may not be recognized by tax authorities.
Michele Blasucci
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
wealthy individuals relocate to tax havens before retirement for savings
16:40 30.01.2025
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