{"id":6550,"date":"2023-12-17T08:10:00","date_gmt":"2023-12-17T07:10:00","guid":{"rendered":"https:\/\/www.smolio.ch\/wissen\/pillar-3a-for-us-persons\/"},"modified":"2024-12-23T15:26:40","modified_gmt":"2024-12-23T14:26:40","slug":"pillar-3a-for-us-persons","status":"publish","type":"post","link":"https:\/\/www.smolio.ch\/en\/wissen\/pillar-3a-for-us-persons\/","title":{"rendered":"Pillar 3a for US individuals: be cautious!"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Lesedauer<\/span> <span class=\"rt-time\"> 4<\/span> <span class=\"rt-label rt-postfix\">Minuten<\/span><\/span>\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-613c97b\" data-block-id=\"613c97b\"><p class=\"stk-block-text__text\">Pillar 3a is an important component of retirement planning in Switzerland for U.S. Persons as well. But U.S. citizens or dual U.S. citizens residing in Switzerland often have a hard time establishing a Pillar 3a with securities. Discover what a US person is, why many Swiss banks don&#8217;t want US persons as clients and with which providers you can set up a pillar 3a as a US person.<\/p><\/div>\n\n<!--more-->\n\n<nav class=\"wp-block-stackable-table-of-contents stk-block-table-of-contents stk-block stk-04387b9 stk-block-background\" data-block-id=\"04387b9\"><p class=\"stk-table-of-contents__title\">This is what the article on pillar 3a for US individuals is about<\/p><ul class=\"stk-table-of-contents__table\"><li><a href=\"#was-ist-eine-us-person\">What is a US person?<\/a><\/li><li><a href=\"#warum-wollen-viele-schweizer-banken-keine-us-persons-als-kunden\">Why do many Swiss banks not want US persons as clients?<\/a><\/li><li><a href=\"#ist-eine-saule-3-a-fur-us-persons-sinnvoll\">Does a pillar 3a make sense for US persons?<\/a><\/li><li><a href=\"#wer-bietet-eine-saule-3-a-fur-us-persons-an\">Who offers a pillar 3a for US persons?<\/a><\/li><li><a href=\"#muss-ich-mein-3-a-depot-bei-auswanderung-auflosen\">Do I have to close my 3a custody account when I emigrate?<\/a><\/li><li><a href=\"#was-passiert-bei-wegzug-aus-der-schweiz-mit-einer-saule-3-a-fur-us-persons\">What happens to a Pillar 3a for US persons when they leave Switzerland?<\/a><\/li><li><a href=\"#zusammenfassung-saule-3-a-fur-us-persons\">Summary: Pillar 3a for US individuals<\/a><\/li><\/ul><\/nav>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-d67a965\" id=\"was-ist-eine-us-person\" data-block-id=\"d67a965\"><h2 class=\"stk-block-heading__text\">What is a US person?<\/h2><\/div>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-8306fe9\" data-block-id=\"8306fe9\"><p class=\"stk-block-text__text\">A US person is a person who either has US citizenship, lives in the USA, has a permanent residence and work permit (such as a US green card), or has spent more than 31 days in the USA within one year and more than 183 days in total in the USA in the last three years. Legal entities that are incorporated under U.S. law or have their registered office in the U.S. are also considered U.S. persons. The same applies to persons who may be subject to tax in the USA for other reasons, such as having a second residence, filing a joint tax return with a US person or having renounced US citizenship or a long-term residence permit in the USA.<\/p><\/div>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-89baa64\" id=\"warum-wollen-viele-schweizer-banken-keine-us-persons-als-kunden\" data-block-id=\"89baa64\"><h2 class=\"stk-block-heading__text\">Why do many Swiss banks not want US persons as clients?<\/h2><\/div>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-21c41d5\" data-block-id=\"21c41d5\"><p class=\"stk-block-text__text\">The USA is pretty much the only country in the world that taxes its citizens solely on the basis of their nationality. Therefore, it does not matter to the U.S. tax administration where its citizens live. You have to file a tax declaration every year.<\/p><\/div>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-c07b6ba\" data-block-id=\"c07b6ba\"><p class=\"stk-block-text__text\">And that&#8217;s where FATCA (Foreign Account Tax Compliance Act) comes into play for U.S. persons with its special tax reporting requirements. FATCA is a U.S. law and is intended to combat tax evasion by U.S. persons for foreign accounts. The <a href=\"https:\/\/www.newsd.admin.ch\/newsd\/message\/attachments\/31587.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">FATCA reporting requirements<\/a> also apply to Swiss banks that have US persons as clients.<\/p><\/div>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-d32ae88\" data-block-id=\"d32ae88\"><p class=\"stk-block-text__text\">Because of the high costs and administrative burden associated with complying with FATCA requirements, many Swiss banks do not want U.S. persons as clients. This is because they must then, for example, automatically transmit information about their American customers to the US tax authority, the IRS. US persons therefore often have problems opening a bank account in Switzerland, getting a mortgage or even a pillar 3a.<\/p><\/div>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-a465371\" id=\"ist-eine-saule-3-a-fur-us-persons-sinnvoll\" data-block-id=\"a465371\"><h2 class=\"stk-block-heading__text\">Does a pillar 3a make sense for US persons?<\/h2><\/div>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-42b5c6b\" data-block-id=\"42b5c6b\"><p class=\"stk-block-text__text\">As a US person, you are subject to tax on pension assets in the USA.\nAs far as we know, any gains you make in your pension plan as a US person are taxed at a very high rate.\nIn addition, the IRS regards payments made by US persons into restricted pension plans (second and third pillar) as <strong>taxable income<\/strong>.\nAgainst this background, it is questionable whether it is worthwhile for US persons to save for retirement in pillar 3a with securities.\nWe therefore recommend that you discuss the situation with a qualified expert before making payments into pillar 3a.      <\/p><\/div>\n\n<div class=\"wp-block-stackable-columns stk-block-columns stk-block stk-3112f5f stk-block-background callout\" data-block-id=\"3112f5f\" data-block-type=\"core\" data-block-type=\"core\"><style>.stk-3112f5f {background-color:#02b875 !important;margin-bottom:40px !important;}.stk-3112f5f:before{background-color:#02b875 !important;}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content stk-content-align stk-3112f5f-column\">\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-4a4cbd5\" data-v=\"4\" data-block-id=\"4a4cbd5\"><style>@media screen and (min-width: 768px){.stk-4a4cbd5 {flex:var(--stk-flex-grow, 1) 1 calc(33.333% - var(--stk-column-gap, 0px) * 1 \/ 2 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-4a4cbd5-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-4a4cbd5-inner-blocks\">\n<div class=\"wp-block-stackable-image stk-block-image stk-block stk-fe9674b\" data-block-id=\"fe9674b\"><figure><span class=\"stk-img-wrapper stk-image--shape-stretch\"><img loading=\"lazy\" decoding=\"async\" class=\"stk-img wp-image-8410\" src=\"https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/09\/13083517\/Arielle-Tucker-Author-Pic.jpg\" width=\"411\" height=\"359\" alt=\"Smolio pension check shows income in retirement with Pensions 2020\" title=\"\" srcset=\"https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/09\/13083517\/Arielle-Tucker-Author-Pic.jpg 411w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/09\/13083517\/Arielle-Tucker-Author-Pic-315x275.jpg 315w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/09\/13083517\/Arielle-Tucker-Author-Pic-360x314.jpg 360w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2024\/09\/13083517\/Arielle-Tucker-Author-Pic-400x349.jpg 400w\" sizes=\"auto, (max-width: 411px) 100vw, 411px\" \/><\/span><\/figure><\/div>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-4891e88\" data-v=\"4\" data-block-id=\"4891e88\"><style>@media screen and (min-width: 768px){.stk-4891e88 {flex:var(--stk-flex-grow, 1) 1 calc(66.667% - var(--stk-column-gap, 0px) * 1 \/ 2 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-4891e88-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-4891e88-inner-blocks\">\n<h3 class=\"wp-block-heading\" id=\"h-bist-du-ein-us-expat-der-in-der-schweiz-lebt-und-mochtest-mehr-wissen\"><span style=\"color: #ffffff;\" class=\"stk-highlight\">Are you an US Expat living in Switzerland and want to know more?<\/span><\/h3>\n\n\n\n<p data-block-type=\"core\"><span style=\"color: #ffffff;\" class=\"stk-highlight\">Whether you&#8217;re wondering how a professional advisor can help manage your US and Swiss tax obligations, navigate the Swiss pension system or seeking guidance on financial planning strategies while living abroad, this initial conversation will give you clarity.<\/span><\/p>\n\n\n\n<div class=\"wp-block-stackable-button-group stk-block-button-group stk-block stk-c8cf127\" data-block-id=\"c8cf127\"><style>.stk-c8cf127 .stk-button-group{flex-direction:row !important;}@media screen and (max-width: 1023px){.stk-c8cf127 .stk-button-group{flex-direction:row !important;}}@media screen and (max-width: 767px){.stk-c8cf127 .stk-button-group{flex-direction:row !important;}}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content stk-button-group\">\n<div class=\"wp-block-stackable-button stk-block-button stk-block stk-26578c5\" data-block-id=\"26578c5\"><style>.stk-26578c5 {border-top-left-radius:24px !important;border-top-right-radius:24px !important;border-bottom-right-radius:24px !important;border-bottom-left-radius:24px !important;overflow:hidden !important;}.stk-26578c5 .stk-button{background:#192483 !important;}<\/style><a class=\"stk-link stk-button stk--hover-effect-darken\" href=\"https:\/\/cal.com\/arielle-smolio\/15min\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"stk-button__inner-text\">Schedule a complimentary call<\/span><\/a><\/div>\n<\/div><\/div>\n<\/div><\/div><\/div>\n<\/div><\/div>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-1028c0a\" id=\"wer-bietet-eine-saule-3-a-fur-us-persons-an\" data-block-id=\"1028c0a\"><h2 class=\"stk-block-heading__text\">Who offers a pillar 3a for US persons?<\/h2><\/div>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-7620540\" data-block-id=\"7620540\"><p class=\"stk-block-text__text\">Although most Swiss banks do not want US persons as clients, some providers do allow US persons to invest in Pillar 3a solutions with securities.<\/p><\/div>\n\n<div class=\"wp-block-ugb-accordion ugb-accordion ugb-52035d5 ugb-accordion--v2 ugb-accordion--design-basic ugb-main-block\" aria-expanded=\"false\"><div class=\"ugb-inner-block\"><div class=\"ugb-block-content\"><div class=\"ugb-accordion__item\"><div class=\"ugb-accordion__heading\" role=\"button\" tabindex=\"0\"><h4 class=\"ugb-accordion__title\">Accept U.S. persons as clients in pillar 3a:<\/h4><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 20 20\" class=\"ugb-accordion__arrow\" width=\"20\" height=\"20\"><path d=\"M16.7 3.3L10 10 3.3 3.4 0 6.7l10 10v-.1l10-9.9z\"><\/path><\/svg><\/div><div class=\"ugb-accordion__content\" role=\"region\"><div class=\"ugb-accordion__content-inner\">\n<p data-block-type=\"core\">In October 2023, Smolio conducted research among major providers of digital pillar 3a solutions. The following providers accept U.S. persons as customers:  <\/p>\n\n\n\n<ul class=\"wp-block-list\" data-block-type=\"core\">\n<li data-block-type=\"core\">Finpension<sup data-fn=\"68ddb231-ac55-4db7-a6ef-c872dd16a572\" class=\"fn\"><a href=\"#68ddb231-ac55-4db7-a6ef-c872dd16a572\" id=\"68ddb231-ac55-4db7-a6ef-c872dd16a572-link\">1<\/a><\/sup> does not want to patronize its customers. In principle, they have no problem with a US person making a pillar 3a with finpension, but they do not recommend it. They also explicitly point out in the onboarding section of the app that they can neither provide tax advice nor reporting for the fulfillment of any US reporting obligations.  <\/li>\n\n\n\n<li data-block-type=\"core\">Inyova<sup data-fn=\"8f55170f-8978-49d7-b48f-9691c2146505\" class=\"fn\"><a href=\"#8f55170f-8978-49d7-b48f-9691c2146505\" id=\"8f55170f-8978-49d7-b48f-9691c2146505-link\">2<\/a><\/sup><\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div><\/div><\/div>\n\n<div class=\"wp-block-ugb-accordion ugb-accordion ugb-8c6abfc ugb-accordion--v2 ugb-accordion--design-basic ugb-main-block\" aria-expanded=\"false\"><div class=\"ugb-inner-block\"><div class=\"ugb-block-content\"><div class=\"ugb-accordion__item\"><div class=\"ugb-accordion__heading\" role=\"button\" tabindex=\"0\"><h4 class=\"ugb-accordion__title\">The following providers do <em>not<\/em> accept US persons as clients in pillar 3a:<\/h4><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 20 20\" class=\"ugb-accordion__arrow\" width=\"20\" height=\"20\"><path d=\"M16.7 3.3L10 10 3.3 3.4 0 6.7l10 10v-.1l10-9.9z\"><\/path><\/svg><\/div><div class=\"ugb-accordion__content\" role=\"region\"><div class=\"ugb-accordion__content-inner\">\n<p data-block-type=\"core\">Smolio researched major providers of digital pillar 3a solutions in October 2023.\nThe following providers explicitly exclude US persons for pillar 3a:   <\/p>\n\n\n\n<ul class=\"wp-block-list\" data-block-type=\"core\">\n<li data-block-type=\"core\">Frankly<\/li>\n\n\n\n<li data-block-type=\"core\">Selma<\/li>\n\n\n\n<li data-block-type=\"core\">Truewealth<\/li>\n\n\n\n<li data-block-type=\"core\">Viac<\/li>\n\n\n\n<li data-block-type=\"core\">Vontobel Volt<\/li>\n\n\n\n<li data-block-type=\"core\">Yapeal<\/li>\n\n\n\n<li data-block-type=\"core\">Yuh<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div><\/div><\/div>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-02ac948\" data-block-id=\"02ac948\"><p class=\"stk-block-text__text\"><\/p><\/div>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-1d51dbc\" id=\"muss-ich-mein-3-a-depot-bei-auswanderung-auflosen\" data-block-id=\"1d51dbc\"><h2 class=\"stk-block-heading__text\">Do I have to close my 3a custody account when I emigrate?<\/h2><\/div>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-d8a601a\" data-block-id=\"d8a601a\"><p class=\"stk-block-text__text\">That depends on the provider of your pillar 3a solution. Some only accept clients residing in Switzerland, others also accept clients residing abroad. The details are best clarified directly with your provider.<\/p><\/div>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-1894b28\" id=\"was-passiert-bei-wegzug-aus-der-schweiz-mit-einer-saule-3-a-fur-us-persons\" data-block-id=\"1894b28\"><h2 class=\"stk-block-heading__text\">What happens to a Pillar 3a for US persons when they leave Switzerland?<\/h2><\/div>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-8e0a0c8\" data-block-id=\"8e0a0c8\"><p class=\"stk-block-text__text\">When you leave Switzerland for good, you can withdraw your Pillar 3a assets without any restrictions. A capital gains tax is then incurred. Or you may optionally leave it and have &#8220;an account in Switzerland&#8221; (if your current provider allows this for customers residing abroad). Depending on which country you move to, there are different tax consequences. You can find out more in this <a href=\"https:\/\/www.smolio.ch\/en\/wissen\/paying-into-pillar-3a-as-a-cross-border-commuter-or-foreigner\/\">article<\/a>. <\/p><\/div>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-33216cf\" id=\"zusammenfassung-saule-3-a-fur-us-persons\" data-block-id=\"33216cf\"><h2 class=\"stk-block-heading__text\">Summary: Pillar 3a for US individuals<\/h2><\/div>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-5883b0b\" data-block-id=\"5883b0b\"><p class=\"stk-block-text__text\">US persons are subject to US taxation worldwide. The U.S. law FATCA is intended to combat tax evasion by U.S. persons abroad. The associated expenses and reporting requirements mean that many Swiss financial services providers and banks do not offer Pillar 3a solutions for US persons. As a US person, you can (as of November 2023) take out securities solutions with <a href=\"https:\/\/www.smolio.ch\/en\/wissen\/finpension-3a-experience-and-review-2023\/\">finpension<\/a> and <a href=\"https:\/\/www.smolio.ch\/en\/wissen\/inyova-3a-experiences-impact-investing-for-millennials-and-generation-z\/\">Inyova<\/a> 3a. You should first check with a qualified tax advisor whether this makes sense.<\/p><\/div>\n\n<div class=\"wp-block-ugb-container ugb-container ugb-d3ac591 ugb-container--v2 ugb-container--design-basic ugb-main-block\"><style>.ugb-d3ac591-wrapper.ugb-container__wrapper{border-radius:0px !important;background-color:#02b875 !important}.ugb-d3ac591-wrapper.ugb-container__wrapper:before{background-color:#02b875 !important}.ugb-d3ac591 h1,.ugb-d3ac591 h2,.ugb-d3ac591 h3,.ugb-d3ac591 h4,.ugb-d3ac591 h5,.ugb-d3ac591 h6{color:#ffffff}.ugb-d3ac591 p,.ugb-d3ac591 li,.ugb-d3ac591 label,.ugb-d3ac591 table{color:#ffffff}.ugb-d3ac591-content-wrapper > h1,.ugb-d3ac591-content-wrapper > h2,.ugb-d3ac591-content-wrapper > h3,.ugb-d3ac591-content-wrapper > h4,.ugb-d3ac591-content-wrapper > h5,.ugb-d3ac591-content-wrapper > h6{color:#ffffff}.ugb-d3ac591-content-wrapper > p,.ugb-d3ac591-content-wrapper > ol li,.ugb-d3ac591-content-wrapper > ul li{color:#ffffff}.ugb-d3ac591 a,.ugb-d3ac591 a:visited,.ugb-d3ac591 a:focus{color:#ffffff}<\/style><div class=\"ugb-inner-block\"><div class=\"ugb-block-content\"><div class=\"ugb-container__wrapper ugb-d3ac591-wrapper\"><div class=\"ugb-container__side\"><div class=\"ugb-container__content-wrapper ugb-d3ac591-content-wrapper\">\n<h3 class=\"wp-block-heading\" id=\"h-inyova-saule-3a-eroffnen\">Open Inyova Pillar 3a <\/h3>\n\n\n\n<p id=\"h-unser-tipp-gut-rechnen-ist-angesagtfalls-du-die-effektiven-kosten-f-rs-arbeitszimmer-abziehst-verlierst-du-den-pauschal-abzug-f-r-die-berufskosten-denn-es-geht-nur-entweder-abzug-der-effektien-kosten-oder-pauschalabzug-f-r-homeoffice-tage-kannst-du-auch-keine-fahrtkosten-abziehen-rechne-daher-gut-nach-was-dir-den-h-heren-abzug-bringt-vermutlich-f-hrst-du-in-den-meisten-f-llen-besser-mit-dem-pauschalabzug\" data-block-type=\"core\">Enter promo code SMOLIO in your Inyova dashboard under &#8220;Promotions&#8221; when you open your Pillar 3a or Inyova Invest account and before you deposit money. Thanks to the Inyova Friends Code you will not pay any fees for 12 months. <\/p>\n\n\n\n<div class=\"wp-block-stackable-button-group stk-block-button-group stk-block stk-38be4a0\" data-block-id=\"38be4a0\"><style>.stk-38be4a0 .stk-button-group{flex-direction:row !important;}@media screen and (max-width: 1023px){.stk-38be4a0 .stk-button-group{flex-direction:row !important;}}@media screen and (max-width: 767px){.stk-38be4a0 .stk-button-group{flex-direction:row !important;}}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content stk-button-group\">\n<div class=\"wp-block-stackable-button stk-block-button stk-block stk-1f879d2\" data-block-id=\"1f879d2\"><style>.stk-1f879d2 .stk-button{background:#192483 !important;border-top-left-radius:30px !important;border-top-right-radius:30px !important;border-bottom-right-radius:30px !important;border-bottom-left-radius:30px !important;}<\/style><a class=\"stk-link stk-button stk--hover-effect-darken\" href=\"https:\/\/inyova.ch\/3a-smolio\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"stk-button__inner-text\">Discover Inyova 3a<\/span><\/a><\/div>\n<\/div><\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div>\n\n<div class=\"aligncenter wp-block-ugb-container ugb-container ugb-3c1c7a0 ugb-container--v2 ugb-container--design-basic ugb-main-block\" data-block-type=\"core\" data-block-type=\"core\"><style>.ugb-3c1c7a0-wrapper.ugb-container__wrapper{border-radius:0px !important}.ugb-3c1c7a0 h1,.ugb-3c1c7a0 h2,.ugb-3c1c7a0 h3,.ugb-3c1c7a0 h4,.ugb-3c1c7a0 h5,.ugb-3c1c7a0 h6{color:#000000}.ugb-3c1c7a0 p,.ugb-3c1c7a0 li,.ugb-3c1c7a0 label,.ugb-3c1c7a0 table{color:#000000}.ugb-3c1c7a0-content-wrapper > h1,.ugb-3c1c7a0-content-wrapper > h2,.ugb-3c1c7a0-content-wrapper > h3,.ugb-3c1c7a0-content-wrapper > h4,.ugb-3c1c7a0-content-wrapper > h5,.ugb-3c1c7a0-content-wrapper > h6{color:#000000}.ugb-3c1c7a0-content-wrapper > p,.ugb-3c1c7a0-content-wrapper > ol li,.ugb-3c1c7a0-content-wrapper > ul li{color:#000000}.ugb-3c1c7a0 a,.ugb-3c1c7a0 a:visited,.ugb-3c1c7a0 a:focus{color:#000000}<\/style><div class=\"ugb-inner-block\"><div class=\"ugb-block-content\"><div class=\"ugb-container__wrapper ugb-3c1c7a0-wrapper\"><div class=\"ugb-container__side\"><div class=\"ugb-container__content-wrapper ugb-3c1c7a0-content-wrapper\">\n<h4 class=\"wp-block-heading has-black-smolio-color has-text-color has-small-font-size\" id=\"h-hinweis\">Notice <\/h4>\n\n\n\n<p class=\"has-black-smolio-color has-text-color\" id=\"h-unser-tipp-gut-rechnen-ist-angesagtfalls-du-die-effektiven-kosten-f-rs-arbeitszimmer-abziehst-verlierst-du-den-pauschal-abzug-f-r-die-berufskosten-denn-es-geht-nur-entweder-abzug-der-effektien-kosten-oder-pauschalabzug-f-r-homeoffice-tage-kannst-du-auch-keine-fahrtkosten-abziehen-rechne-daher-gut-nach-was-dir-den-h-heren-abzug-bringt-vermutlich-f-hrst-du-in-den-meisten-f-llen-besser-mit-dem-pauschalabzug\" data-block-type=\"core\">Wir sind dir dankbar, wenn du bei einer Kontoer\u00f6ffnung unseren Code nutzt. Wir erhalten dann eine kleine <a href=\"https:\/\/www.smolio.ch\/experten-netzwerk\/\" target=\"_blank\" rel=\"noreferrer noopener\">Verg\u00fctung<\/a>. F\u00fcr dich wird es dadurch nicht teurer und wir k\u00f6nnen die Kosten f\u00fcr den Betrieb der Plattform decken. Wir freuen uns auch, wenn du uns einen <a href=\"https:\/\/buymeacoffee.com\/smolio\" target=\"_blank\" rel=\"noreferrer noopener\">Kaffee spendierst<\/a> \u2615\ufe0f.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div>\n\n<p data-block-type=\"core\"><\/p>\n\n<div class=\"wp-block-stackable-columns stk-block-columns stk-block stk-83b6411 stk-block-background\" data-block-id=\"83b6411\" data-block-type=\"core\" data-block-type=\"core\"><div class=\"stk-row stk-inner-blocks stk-block-content stk-content-align stk-83b6411-column\">\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-f2ad0b4\" data-v=\"4\" data-block-id=\"f2ad0b4\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-f2ad0b4-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-f2ad0b4-inner-blocks\">\n<h4 class=\"wp-block-heading has-small-font-size\" id=\"h-disclaimer\">Disclaimer<\/h4>\n\n\n\n<p class=\"has-small-font-size\" id=\"h-unser-tipp-gut-rechnen-ist-angesagtfalls-du-die-effektiven-kosten-f-rs-arbeitszimmer-abziehst-verlierst-du-den-pauschal-abzug-f-r-die-berufskosten-denn-es-geht-nur-entweder-abzug-der-effektien-kosten-oder-pauschalabzug-f-r-homeoffice-tage-kannst-du-auch-keine-fahrtkosten-abziehen-rechne-daher-gut-nach-was-dir-den-h-heren-abzug-bringt-vermutlich-f-hrst-du-in-den-meisten-f-llen-besser-mit-dem-pauschalabzug\" data-block-type=\"core\">We have taken great care in compiling the content of this article. Nevertheless, we cannot rule out errors and cannot guarantee that the content is correct, up-to-date or complete. This article does not replace tax advice. We do not offer investment or tax advice and recommend that tax issues are always clarified with a tax expert and\/or the relevant cantonal tax authorities. Any liability is rejected.    <\/p>\n<\/div><\/div><\/div>\n<\/div><\/div>\n<ol class=\"wp-block-footnotes\" data-block-type=\"core\"><li id=\"68ddb231-ac55-4db7-a6ef-c872dd16a572\">Website finpension Retrieval 29.10.2023 and personal conversation with finpension <a href=\"#68ddb231-ac55-4db7-a6ef-c872dd16a572-link\" aria-label=\"Jump to footnote reference 1\">\u21a9\ufe0e<\/a><\/li><li id=\"8f55170f-8978-49d7-b48f-9691c2146505\">Website Inyova, retrieval 29.10.2023 <a href=\"#8f55170f-8978-49d7-b48f-9691c2146505-link\" aria-label=\"Jump to footnote reference 2\">\u21a9\ufe0e<\/a><\/li><\/ol>","protected":false},"excerpt":{"rendered":"<p>Pillar 3a is an important component of retirement planning in Switzerland for U.S. Persons as well. But U.S. citizens or dual U.S. citizens residing in Switzerland often have a hard time establishing a Pillar 3a with securities. Discover what a US person is, why many Swiss banks don&#8217;t want US persons as clients and with which providers you can set up a pillar 3a as a US person.<\/p>\n","protected":false},"author":8,"featured_media":6542,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"[{\"id\":\"68ddb231-ac55-4db7-a6ef-c872dd16a572\",\"content\":\"Website finpension Retrieval 29.10.2023 and personal conversation with finpension\"},{\"id\":\"8f55170f-8978-49d7-b48f-9691c2146505\",\"content\":\"Website Inyova, retrieval 29.10.2023\"}]"},"categories":[2260,2337,2712],"tags":[2273,2271,2272,2274],"class_list":{"0":"post-6550","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-invest-in-pillar-3a","8":"category-expats-in-switzerland","9":"category-finpension-reviews-en","10":"tag-expats-en","11":"tag-pillar-3a-foreigners","12":"tag-pillar-3a-moving-out-of-switzerland","13":"tag-u-s-persons"},"nelio_content":{"autoShareEndMode":"never","automationSources":{"useCustomSentences":false,"customSentences":[]},"efiAlt":"","efiUrl":"","followers":[8],"highlights":[],"isAutoShareEnabled":false,"networkImageIds":[],"permalinkQueryArgs":[],"series":[],"suggestedReferences":[]},"featured_image_urls_v2":{"full":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2023\/10\/29152736\/2023-11_Smolio-Blog_Saule-3a-fur-US-Persons.webp",1200,800,false],"thumbnail":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2023\/10\/29152736\/2023-11_Smolio-Blog_Saule-3a-fur-US-Persons-315x210.webp",315,210,true],"medium":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2023\/10\/29152736\/2023-11_Smolio-Blog_Saule-3a-fur-US-Persons-800x533.webp",800,533,true],"medium_large":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2023\/10\/29152736\/2023-11_Smolio-Blog_Saule-3a-fur-US-Persons-768x512.webp",768,512,true],"large":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2023\/10\/29152736\/2023-11_Smolio-Blog_Saule-3a-fur-US-Persons.webp",1140,760,false],"1536x1536":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2023\/10\/29152736\/2023-11_Smolio-Blog_Saule-3a-fur-US-Persons.webp",1200,800,false],"2048x2048":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2023\/10\/29152736\/2023-11_Smolio-Blog_Saule-3a-fur-US-Persons.webp",1200,800,false],"davenport-blog-thumb":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2023\/10\/29152736\/2023-11_Smolio-Blog_Saule-3a-fur-US-Persons-1140x694.webp",1140,694,true],"davenport-blog-thumb-grid":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2023\/10\/29152736\/2023-11_Smolio-Blog_Saule-3a-fur-US-Persons-555x360.webp",555,360,true],"davenport-blog-thumb-widget":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2023\/10\/29152736\/2023-11_Smolio-Blog_Saule-3a-fur-US-Persons-220x180.webp",220,180,true],"davenport-blog-thumb-masonry":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2023\/10\/29152736\/2023-11_Smolio-Blog_Saule-3a-fur-US-Persons-360x240.webp",360,240,true],"woocommerce_thumbnail":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2023\/10\/29152736\/2023-11_Smolio-Blog_Saule-3a-fur-US-Persons-300x300.webp",300,300,true],"woocommerce_single":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2023\/10\/29152736\/2023-11_Smolio-Blog_Saule-3a-fur-US-Persons-400x267.webp",400,267,true],"woocommerce_gallery_thumbnail":["https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2023\/10\/29152736\/2023-11_Smolio-Blog_Saule-3a-fur-US-Persons-300x300.webp",300,300,true]},"post_excerpt_stackable_v2":"<p>Pillar 3a is an important component of retirement planning in Switzerland for U.S. Persons as well. But U.S. citizens or dual U.S. citizens residing in Switzerland often have a hard time establishing a Pillar 3a with securities. Discover what a US person is, why many Swiss banks don&#8217;t want US persons as clients and with which providers you can set up a pillar 3a as a US person.<\/p>\n","category_list_v2":"<a href=\"https:\/\/www.smolio.ch\/en\/finanzthemen\/understanding-the-swiss-pension-system\/invest-in-pillar-3a\/\" rel=\"category tag\">Invest in pillar 3a<\/a>, <a href=\"https:\/\/www.smolio.ch\/en\/finanzthemen\/expats-in-switzerland\/\" rel=\"category tag\">Expats in Switzerland<\/a>, <a href=\"https:\/\/www.smolio.ch\/en\/finanzthemen\/understanding-the-swiss-pension-system\/invest-in-pillar-3a\/finpension-reviews-en\/\" rel=\"category tag\">finpension Reviews<\/a>","author_info_v2":{"name":"Thomas","url":"https:\/\/www.smolio.ch\/en\/wissen\/author\/thomas\/"},"comments_num_v2":"0 comments","_links":{"self":[{"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/posts\/6550","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/comments?post=6550"}],"version-history":[{"count":11,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/posts\/6550\/revisions"}],"predecessor-version":[{"id":9821,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/posts\/6550\/revisions\/9821"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/media\/6542"}],"wp:attachment":[{"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/media?parent=6550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/categories?post=6550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/tags?post=6550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}