Grégoire Uldry and Alexia Egger Castillo write for Wealth Briefing on relocation to Switzerland and trusts
When it comes to individuals relocating to Switzerland - an increasingly important theme given the focus on cross-border migration of high-net-worth (HNW) individuals around the world in these geopolitically challenging times - the structure of trusts applies.
In an article on the topic, Grégoire Uldry, Partner and Alexia Egger Castillo, Senior Associate, both in our Geneva office, write for Wealth Briefing. In the piece, they provide an overview of the legislation and taxation of trusts in Switzerland, the advantages of setting up Swiss private trust companies and the challenges and risks to be aware of.
Introducing the article, they explain:
Despite a few attempts – there is no Swiss domestic trust law, which means that it is not possible to establish a trust governed by Swiss law, but this has not prevented the use of trusts in Switzerland for several decades.
Read the full article in Wealth Briefing here.
(The article is part of a wider series deatiling on the key points to consider when relocating to Switzerland. The last article focused on Swiss tax residency and can be read here).
