Moving to Australia & Withdrawing 2nd Pension

Hi everyone,

I am a Swiss citizen moving to Australia. Because of this, I have the option to withdraw my 2nd pillar in cash and will pay withholding tax in Switzerland.

Does anyone know if such a lumpsum withdrawal is taxed in australia and if so at what rate?

Thank you!

Ask an accountant, but in my understanding you should not be taxed. CH and AU have a double taxation treaty.

https://www.admin.ch/gov/en/start/do...-id-49776.html

http://www.batescosgrave.com.au/reso...nd_switzerland

If you withdraw before you arrive in Oz - no tax implication because from an oz perspective you were not a tax resident.

Btw, what takes you to oz. I am a oz PR holder living in CH. Havent made up my mind to move yet.