Moving to Viggiù from border crossings: pros and cons (cross-border guide)

Context

In a nutshell

• Transfer to Viggiù for border crossers
• New Frontier Agreement in force from 1 January 2024
• Exemption of €7,500 for old frontier workers
• Deductible of €10,000 for new frontier workers

Key facts

• What: transfer to Viggiù
• When: 1 January 2024
• Where: Viggiù
• Who: Frontier
• Amount: €7,500 (old border guards), €10,000 (new border guards)

The new law provides for an exemption of €7,500 for old border workers who move to Viggiù. The new frontier workers, on the other hand, will enjoy a deductible of €10,000.

Moving to Viggiù from border crossings: pros and cons

Why move to Viggiù

Ticino is a strategic geographical area for border crossings, thanks to its position on the borders with Italy and Switzerland. Viggiù is a municipality located in the district of Lugano and offers a high quality of life, with a lower cost of living than other areas of Ticino.

How the exemption for old border workers works

Old frontier workers who move to Viggiù can enjoy an exemption of €7,500. This means that they will not have to pay taxes on income from work for the first 5 years of residence in Viggiù. To benefit from this benefit, border crossers must meet the following requirements:

• Have worked in the border sector for at least 5 years
• Have an annual income of at least €30,000
• Have an employment contract with an employer

Operational details

The exemption of 7,500 Swiss francs is a benefit for old frontier workers who move to Viggiù. This means they will be able to pay less tax and enjoy greater financial freedom. The new frontier workers, on the other hand, will enjoy a deductible of 10,000 Swiss francs, which could help them cover the initial costs of the transfer.

According to the federal law of 20 June 2019, foreigners who move to Switzerland can benefit from an income tax exemption. However, in order to enjoy this benefit, foreigners must reside in Switzerland for at least 10 consecutive years.

Foreigners moving to Switzerland can benefit from an income tax exemption of 7,500 Swiss francs per year. This means that they will not have to pay income taxes in the amount of CHF 7,500 per year. In addition, foreigners who move to Switzerland can benefit from a deductible of 10,000 Swiss francs for the initial costs of the transfer.

Here is a concrete example of how the income tax exemption works for border workers who move to Viggiù. Suppose an Italian frontier worker moves to Viggiù and has an income of 80,000 Swiss francs per year. According to the federal law of June 20, 2019, the border worker could benefit from an income tax exemption of 7,500 Swiss francs per year. This means that the border agent will not have to

Useful tools to protect your net income

To reduce FX leakage, compare CHF-EUR exchange options and banks for cross-border workers.

Key points

If you are a frontier worker moving to Viggiù, it is important to know that the exemption of €7,500 is valid only for old frontier workers. New frontier workers, on the other hand, must pay the excess of €10,000. It is important to check your specific conditions and consult an expert for more information.

The decision to move to Viggiù can be a strategic choice for border crossers, especially considering the geographical position of the city, which is located a few kilometres from Lugano and other commercial and cultural centres in Ticino. However, it is important to be aware of the tax regulations and rules that apply to frontier workers.

According to the Ticino law of 21 June 2018, no. 730, border crossers who move to Viggiù must pay the deductible of €10,000 within 30 days from the date of entry into the Ticino territory. It is important to note that this amount may vary depending on the specific conditions of the border worker and their economic situation.

For example, if a frontier worker moves to Viggiù with his family, he could be exempted from the €10,000 deductible if he meets certain conditions. According to Ticino law, a frontier worker can be exempted from the deductible if:

• Has been resident in Ticino for at least 5 years;
• Has an annual income of less than €30,000;
• He owns a commercial or artisanal business in Ticino.

In addition, it is

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