I pay about 20-25% but I am a director owner of a company so I am able to avoid certain tax traps that employees cannot.
Quite markedly, we holidayed there in 2017, was fantastic, but wondered how people afford to live there, looked up wages and saw this type of thing:
Personally I'd stretch the list a bit, in the sense that most labourers earn less than that, but managers usually earn more. CHF 9'547 (or rather more IMO) is what you would earn as, say, an engineer leading a team of 10 people. Actual managers (sales, production, quality, plant, HR) earn more than that, especially so if they are part of the management board.Quite markedly, we holidayed there in 2017, was fantastic, but wondered how people afford to live there, looked up wages and saw this type of thing:
Around £55k for a factory worker.
I'd say there is a multitude of other advantages, but these aren't really relevant to the subject of this thread, which is retirement destinations, i.e. places in which you get more bang for your buck. I only brought up the subject because we thought about it, but decided to stay here. All very much horses for courses.
And in Zug he laughs at the tax bill
And in Zug he laughs at the tax bill
It is relevant if you can afford to retire there!
Went to visit my son in NY two years ago.Well said. Agree 100%. This is the key to a long and healthy retirement, proximity to a good hospital.
Add places to visit and things to do, good hi fi and record shops, libraries and cultural institutions and it equals retirement in or near a big city. Never understood why folks well into their 70s will move out of towns to rural locations where an ambulance will take half an hour or more to arrive.
Edit: For all of the above reasons, and more, I can highly recommend NY City as a retirement destination. Cheaper than London, Paris or Zurich too, from what I hear.
That's an interesting perspective.
That’s odd. Please elaborate.
Some ego clashing going on then?
I'm not sure NYC's cheaper, but it's a great place. We have a dear friend who lives there, just around the block from Lincoln Center. At age 96, he would not live anywhere else. He and his youngish girlfriend (a mere 81) still work part time at various volunteer jobs at the Met etc., and I'm sure that NYC (in addition to good genes) is one part of their longevity and generally sunny outlook on life.Well said. Agree 100%. This is the key to a long and healthy retirement, proximity to a good hospital.
Add places to visit and things to do, good hi fi and record shops, libraries and cultural institutions and it equals retirement in or near a big city. Never understood why folks well into their 70s will move out of towns to rural locations where an ambulance will take half an hour or more to arrive.
Edit: For all of the above reasons, and more, I can highly recommend NY City as a retirement destination. Cheaper than London, Paris or Zurich too, from what I hear.
