Hello everyone,
My wife, US-citizen, and I, Swiss (No US-person), will relocating from USA back to Switzerland.
Now, my wife has a Wealthfront account in which she has invested into VOO.
My question now: Should we continue throwing money at that account, or should we liquidate it and invest in SP500 through my name in Switzerland/EU (e.g. Irish SP500 UCITS)?
US offers better access, lower fees and so on, however, the capital gain tax (not a thing in Switzerland) is essentially what scares me regarding keeping the investment in the US.
Am I missing something?
Keep VOO and pay Capital Gain tax or move investments out of US?
byu/Sc0rpy4 ininvesting
Posted by Sc0rpy4
3 Comments
Curious as to whether this move will subject you to paying the Vermögenssteuer on a larger share of your assets.
I would keep it, long term capital gains is taxed 0% if it’s under 94000 for married couples.l, I would let it grow and withdraw under the limit. The only risk is currency exchange
this quote always stays in the back of my mind “I made my money by selling too soon” and it has done me well. if you want to take the gains and run then do it, its never a bad idea, just where are you going to put the money?