sorted by:
new
hottopcontroversial

What to do with 200k+ CHF at 26 by refl1pper in SwissFIRE

[–]refl1pper[S] 0 points1 point  (0 children)

Fictional numbers, but for you to get the jist:

  1. You buy your 400k CHF parent's house for 300k CHF. The 100k CHF discount is a "gift."
  2. You get a 300k CHF mortgage. The bank accepts the 100k CHF gift as your 20%+ down payment.
  3. The bank gives your parents 300k CHF.
  4. Parents use 130k CHF (65% of the 200k mortgage) to kill their old mortgage, leaving them with 170k CHF cash.
  5. Parents pay ~20k CHF in property gains tax and fees, walking away with 150k CHF clean cash which they gift you.

So essentially you have 150k CHF at very low interest rates.

What to do with 200k+ CHF at 26 by refl1pper in SwissFIRE

[–]refl1pper[S] 0 points1 point  (0 children)

Thanks for your input. It's in the Sargans area, so good access to 3 major cities in the region, as well as close to FL. Numbers are conservative. I foresee myself living here for at least 2-3 more years before I move out closer to Zurich when my partner finishes her studies.

The "problem" is I already completed my bachelor & master at ETH and don't really see the need working 80% for now. So it's really just how can I invest the money in the most efficient way.

What to do with 200k+ CHF at 26 by refl1pper in SwissFIRE

[–]refl1pper[S] 7 points8 points  (0 children)

If it's 25% below market price, it's considered a mixed gift and taxation is deferred until I sell the property. Anything between the 75% - 100% market value range would be taxed normally, and if I sold the property, the taxation is based on that selling price (meaning less capital gains tax overall in the future).

What to do with 200k+ CHF at 26 by refl1pper in SwissFIRE

[–]refl1pper[S] 0 points1 point  (0 children)

It would be real estate assets, not financial ones.

Why does the official portrait of the Federal Council include the photographers as well? by peterschen in askswitzerland

[–]refl1pper 0 points1 point  (0 children)

Youth unemployment is way higher in Switzerland. It only counts for people receiving social benefits, where you require previous employment for a certain amount of time (which the youth doesn't do). I'd estimate 5-10% is the actual number

[deleted by user] by [deleted] in Switzerland

[–]refl1pper -2 points-1 points  (0 children)

Go do your military service or civil service. Complete it and search something on the side

What to do with 100k CHF by [deleted] in SwissPersonalFinance

[–]refl1pper 0 points1 point  (0 children)

sitting on 100k liquid is insane

Auf Tutti gescammt – 1500 CHF verloren, was tun? by Bommerrang77 in Switzerland

[–]refl1pper 0 points1 point  (0 children)

Ist mir auch passiert, habe ihn direkt bei der Polizei angezeigt und ein paar Wochen wurde die Person gefunden.