The luxurious Swiss town is a buyer’s market for the time being, but the tides can turn quickly as local agents know. Several years ago, a new policy, forfait fiscal, allowed residents whose business interests were held elsewhere to only pay tax on annual expenses instead of worldwide income and wealth, according to Mansion Global. The introduction of forfait fiscal in part drove people and prices up in Cologny. “There was a peak in prices […]
source https://therealdeal.com/2018/06/16/the-rise-and-fall-of-a-pricey-swiss-housing-market/
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