The registered office of the foundation is in Lucerne. For tax considerations, if you move abroad, it may make sense to transfer your pension assets to a vested benefits foundation domiciled in the canton of Schwyz before withdrawing them. The canton of Schwyz has the lowest withholding tax rate in Switzerland.

Before you deregister in Switzerland in order to benefit from low withholding tax at the foundation’s domicile, you should, however, have the tax consequences of the withdrawal at your new place of residence abroad clarified by a tax advisor. There are countries in which such withdrawals of assets from the Swiss pension system are regarded as income and are therefore taxed at a very high rate. If this is the case, it may be better to withdraw the pension assets before you move abroad and pay tax on them as normal at your place of residence in Switzerland.