Hello,
from a few years in Switzerland, I built up a small amount of cash in a 2nd pillar (now “Libre passage” at Retraites populaires - no growth, high fees), as well as in 3rd pillar (post savings).
Since several years I now live in UK. I am not a Swiss citizen.
- If I understand correctly, extracting the $ from switzerland now would mean that I would be liable to pay taxes on it (either in Switz or in UK, or potentially both)?
- I emailed a few banks mentioned on this forum to understand if within the 2nd/3rd pillar wrapper, I could move this cash to a new account which would let me buy an ETF. Because I am international (resident and citizen) they told me this would be not be possible. (Similarly Postfinance won’t let me change to their index-tracker 3rd pillar). Do you know of any Swiss bank that would let me do this?
Thanks in advance and kind regards,
yaw