World’s Ten Most Expensive Streets – Charles McDowell comments

Following up on Wealth Bulletin’s listing of the world’s ten most expensive streets (http://www.wealth-bulletin.com/home/content/1054751092/), Charles McDowell, prime London property consultant, comments:

“It’s no surprise that Swiss property has held its value and is in some areas rising.  Swiss bankers report that they aren’t seeing a large influx of Brits moving in but a number of my clients have gone forward with the purchase of a second home in Switzerland.  This gives them the option of changing their residency if the tax situation in the UK or anywhere else becomes untenable.

“It’s a fine balance for those considering a move as the costs of moving to Switzerland are higher than one would expect, with a number of hidden taxes that appear once thoroughly investigated. The lifestyle is also quite different from the varied environment in London. ”

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