What does it say on the purchase deed?
When you inherit you should have all the papers to prove it so the increase in wealth can be easily justified. I have declared gifts from my fam in the past, that should be a similar thing.
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Itās already done. I think Iāll just leave it like it is. This country wonāt be a part of the EU for decades, itās just too poor.
It literally has no impact on my taxes. My taxable wealth is still negative due to the mortgage.
Actually it impacts your taxes especially when you have a mortgage in CH since they assign part of it and the interests pro rata as to where your wealth is located (steuerausscheidung). If the property abroad has a high value then you lose a lot in interest deductions so itās not only about wealth tax but also income tax.
So why not declare it?
Does not matter if that country participates in the data exchange.
We are not in Germany, you wonāt go to jail. But a nice fine and a criminal record for almost nothing? Come onā¦
Check if the country is in that list: Automatic exchange of information on financial accounts
If it is I recommend a self-disclosure, youāll find samples on the internet. There is a tax amnesty in place that will give you once in your lifetime the possibility to declare and not get a fine or be prosecuted. Or, even better, if the tax declaration since you bought the land is not definitive yet you can just declare it now.
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Yep, not the 80s and 90s, not done by landline, pen and paper anymore. For me itās not worth the worry. To be honest nothing is worth any worry, life is short to worry!
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Come on, weāre in pragmatic Switzerland, my great-grandmother (bless her soul) with her undeclared Schwarzgeld didnāt have a criminal record! This case would be Steuerhinterziehung (āforgettingā to declare the property), and not Steuerbetrug (for example forging a document to make it look like the owner of the land is someone else). The former gets a fine, the latter is more serious and can end with a criminal record.
Anyways, pity the definitive Steuerveranlagung seems to already be through. This is a bit silly to hide if it has no consequences to the Steuerrechnung 
Itās part of the Swiss culture to not declare everything. Iām not even joking.
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So is snitching.
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Thatās very true! 
To use my great-grandmotherās example again, before she died she shared/gifted the Schwarzgeld fairly amongst her 4 children, in thick envelopes, unofficially of course. Unfortunately one of the sons was āat warā with his siblings so he snitched on the others (or on his mom theoretically) and he got off easy, while all the others had to pay hefty fines. Oops! 
The respective great-grandchildren still donāt greet each other on the streets for this.
So in addition to Steuerhinterziehung and snitching, Iād say holding a grudge over generations ia part of Swiss culture too. 
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Are you sure? Thatās surprising to me. I still remember the quote of Hans Rudolf Merz in 2008: āAn diesem Bankgeheimnis werdet ihr euch die ZƤhne ausbeissen". Had the Greek silenty conquered Switzerlandās secrecy before that?
Automatic data sharing since 2017 in cuban Peteās link. Real Swiss banking secrecy for the (foreign) masses is not a thing since the 90s.
Personally I love it, hope anyone being funny will end up with the joke on them.
So long before Greece ever had a (real) land register for themselves. Tell me the admin was better at disclosing Schwarzgeld in CH than managing their own stuff? With all due respect 
Well, the auto data sharing is from a CH source, the other part is hearsay, however make no mistake, things get done, or not done in GR for very specific reasons, never by chance, the incompetence is sometimes a facade 
Edit: I have no reason to defend a country I left exactly because of those reasons. Having a messy, fragmented, antiquated land register is inconvenient for a lot of ordinary people. Having a clean, transparent, digital one is also inconvenient for sooo many people! Lots of stuck wheels and cogs needing of someā¦oil to run, lots of opportunities for under the table deals, so much work to do for so many private and public enterprises
Update: shared the translated and original docs with BL, they replied āthank you for the documents and clarifications, we will add them to your fileā. I expect Iāll get the taxes very soon so Iāll see what they make of them.
Further update: they seem to have calculated 4.25% of the tax value of the properties abroad and added to my tax for the year, a substantial addition, based on the Eigenmietwert. I think I need to contact the tax person and ask if thatās right given I said to them - and showed - that a person other than me has usufruct of these propertiesā¦
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Yes, you should contact them. This is literally excluded from tax. You have to proof the situation, but it seems you can do that.
But how comes they got the value of the property ? As I wrote earlier in the thread you did not have to declare anything, once you open the Pandora box well they start using itā¦
Edit: Iāve read you mentioned exchange of info earlier in the thread between Greece and CH but unless thereās a specific agreement between GR and CH the only things exchanged are account balances / sales of financial assets / income of financial assets, that starting from 2018 and that only if you have bank accounts in GR. Thereās no exchange of info regarding tax declarations of property values.
Itās in the docs Iāve been providing them for years already.
Anyway, they didnāt actually get anything wrong upon closer inspection.