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British motor racing star Lewis Hamilton is set to join the growing number of Formula 1 drivers and other rich foreigners to settle in Switzerland- in the Geneva area according to Le Matin newspaper. The Mclaren driver says he wants to escape incessant attention at home, but he could also save millions in taxes. Hamilton [...]
Filed under: Geneva, people, sport, tax | Tagged: driving, formula 1, Geneva, sports, Swiss, Switzerland, tax | Leave a Comment »
…well some of them are at least. According to the Federal Finance Administration, 6,700 Swiss had assets of SFr10 million or more in 2004 (they’ve probably done better than that since then.) Zurich was home to almost a third of them, while cantons Vaud and Bern had over 550 each. Around four per cent [...]
Filed under: tax, wealth | Tagged: assets, millionaire, poor, rich, Swiss, Switzerland, tax, wealth | Leave a Comment »
