I moved to Switzerland at the beginning of January 2019 working as a Manufacturing Engineer in Solothurn.
I began with value investing strategy, buying monthly with Degiro - approx $25k spread between BABA, PFE, JNJ, JBL, AJAX, NOVN.
Since then I discovered this superb site as well as other FIRE sites and have since invested with IKBR - approx $35k between VT, VWO, SMMCHA.Planning to continue investing monthly - VT.
I have also been putting aside some emergency funding - approx CHF 30k to date.
I have a contract until the end of this year but have been told it will be extended by another 12 months.
I am from Ireland originally and my father has a small engineering fabrication company manufacturing equipment for a number of medical device and pharmaceutical companies. He would like to retire or semi-retire and was hoping I would return to help with the company.
I was hoping to remain here a little longer - Ideally until at least the end of 2022. But it may be the case now that I return the end of 2021.
With that in mind, I’m wondering if you could advise on an investing strategy going forward? What should be done with the money already invested with IKBR here?
With ETF’s in Ireland you have to pay income tax at a special rate of 41% on all returns (dividends and gains) every 8 years either as a sale or deemed sale (Maybe i should try move the company to Switzerland :D).
A huge thanks to everyone who has shared information throughout the various threads on the forum - It is a wonderful resource. I hope to meet many of of at a meetup at some stage in the future.