{"id":756,"date":"2021-07-08T12:41:00","date_gmt":"2021-07-08T10:41:00","guid":{"rendered":"https:\/\/www.mazanek.ch\/etre-proprietaire-dune-residence-secondaire-en-valais-consequences-fiscales\/"},"modified":"2025-04-24T12:52:30","modified_gmt":"2025-04-24T10:52:30","slug":"owning-a-second-home-in-valais-tax-consequences","status":"publish","type":"post","link":"https:\/\/www.mazanek.ch\/en\/owning-a-second-home-in-valais-tax-consequences\/","title":{"rendered":"Owning a second home in Valais : tax consequences"},"content":{"rendered":"\t\t
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Owning a second home in Valais : tax consequences<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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I own a second home in Valais. What are the tax implications?<\/strong><\/p>

When you reside outside Switzerland, purchasing a property in Valais means that you become a limited taxpayer there. In other words, you are required to pay income tax at the municipal, cantonal, and federal levels, as well as wealth tax at the municipal and cantonal levels. The municipality where the property is located will also levy a property tax of 0.1% of the property’s taxable value.<\/p>

Income Tax<\/span><\/p>

In Switzerland, we are familiar with the principle of rental value. This is a notional income associated with the residence you own. It corresponds to the rent you would have to pay to rent out the property in question if you were not the owner. The rental value is set by the municipality. In practice, it is often lower than the market value.<\/p>

When you generate income from the rental of your property, the rental value is reduced pro rata to the number of days the property is rented. The rental value and the rental income form the basis for calculating taxable income.<\/p>

Taxable income can be reduced by claiming the maintenance and use costs of the property. These deductions can be made based on a flat rate equivalent to 10% of income (rental value and rental income) if the date of construction or last major renovation of the property is less than 10 years ago, or 20% if it is more than 10 years ago. If this option is chosen, you are not required to provide supporting documents.<\/p>

If the actual deductions exceed the flat rate, you can claim these deductions, provided you provide invoices or other supporting documentation. The most common deductions for maintenance and usage expenses are:<\/p>