|From business in Australia to retirement in Grandvaux|
Home > Swiss Residency > Testimonials > Australia to Grandvaux
Some people have uncommon destinies. Originally a physics teacher in the UK,
Mr. B. found his life boring and lacking challenges. After having changed careers
to the computer business and having worked for many years in sales, marketing
and export both in the UK and internationally, he left Europe for Australia
shortly after his 40th birthday.
There, with a partner, they set up a management consultancy and together rapidly
became authorities in management consulting and company rescue, operating throughout
the entire Australian continent. Although highly successful and making very
good income, Mr. B. and his partner were not entirely satisfied. Income was
excellent but capital growth and personal wealth were lacking.
They, therefore, began to investigate an array of business opportunities,
matching them against a criteria grid that they had devised. After several months,
it became clear that one opportunity seemed to match all criteria a specific
type of waste management system which could target both the residential and
industrial communities throughout Australia.
Once the idea was born, a new company was launched which, during its first
year of operation, grew from 5 to 1000 employees and was lauched on the stock
market. (remember that waste management is not high-technology and that
Australia is not Silicon valley). This company was eventually sold to a large
conglomerate and Mr. B. and his partner went on to run other public companies
Preferring to leave the game at the peak of its success, Mr. B. retired from
business life a few years after the initial IPO. He and his wife then began
enjoying their early retirement between Australia, New Zealand and England where
the majority of their family ties remained.
Switzerland: low taxes and conveniently located
After having lived in the Southern Hemisphere for the last 20 years, Mr.
B. and his wife, both British, wanted to relocate to a less remote part of the
world. They had enjoyed life in Australia and New Zealand very much, but were
tired of the 24-hour flights to see their families in Europe. They began to
look for a suitable country for retirement but did not wish to compromise the
great quality of life they had found in Australia and New Zealand.
Mr. B.’s earlier business stay in Switzerland a quarter of a century earlier
still held good memories so, after revisiting Switzerland to check current conditions,
he and his wife concluded that Switzerland offered the best facilities and
qualities for their retirement:
- Centrally located in the world and in Europe
- Good connections to England
- English widely spoken
- English language films, books, videos, etc widely available
- Excellent medical services
- High quality of life: good restaurants, hotels, shops, products and services
- Favorable climate, neither too wet or cold, nor too hot
- Friendly tax system
- Stunning landscapes (they got used to them in Australasia and New Zealand)
Applying for residence from New Zealand
When Mr. B. first contacted us he was not sure whether it was possible for
him to be a legal resident in Switzerland or the amount of tax for which he
would be liable. After having explained to him the details regarding a fiscal
deal B permit, and how Micheloud & Co. could take care of the everything,
Mr. B. found the proposal attractive and decided to proceed. Working together,
it took us a few months to gather all the required documents as they were spread
over several continents, but we finally got our applications together and waited
for the answers from the Swiss administration. The cantonal taxation authority
swiftly approved the fiscal deal, allowing Mr. B. to pay a very acceptable yearly
tax, and soon the immigration authorities approved their residence permits.
Apart from one meeting at our
offices, Micheloud & Co. took care of the entire procedure while
Mr. B. was a good 9'000 km away, in New Zealand. Mr. B. began arranging his
affairs abroad while we were receiving one approval after the other from the
municipal, cantonal and federal administrations. The duty-free importation of
their personal effects, legal requirements, costs of insurance, car
importation and Swiss
pet regulations were significant topics, all of which were resolved to Mr.
B’s satisfaction. Thus, when the Federal approval finally arrived, Mr. and Mrs.
B. were immediately ready to move to Switzerland.
| A view of the Lavaux(© Switzerland Tourism) |
Finding a home
Mr. B. knew the Lake Geneva area very well from having lived several years
in the region. He and his wife began to look for a house between Geneva and
Montreux, but after a fruitless search they came back to us for help. With our house
search service, our team was able to locate several attractive apartments
and houses for rent that Mr. B. and his wife had been unable to find themselves.
They decided to rent a lovely house in a tranquil neighborhood high above Grandvaux,
with a breathtaking view overlooking Lake Geneva and the Alps. Their house extends
over 3floors and includes a big living room and open kitchen, two terraces,
4 bedrooms, 3 bathrooms and a garage in one of the most exclusive wine-growing
villages of the Lavaux area, Grandvaux. Rent-wise, Mr. and Mrs. B. are very
content and feel they have found excellent value for their money.
Read the interview
with Mr. B. where he explains why he visited many other countries where
he could retire before choosing Switzerland, how he compared them and what he
thinks about our company.
This article has been published with the consent of our client who has reviewed and approved it before it was published.