Seven-times world champion in Formula 1 Michael Schumacher said bluntly that he would leave his home in Switzerland, if there be abolished tax privileges for foreign millionaires. Since last Friday in the Alpine country went public petition, which is gaining votes for it.
"If somehow things change, the world there are other places where I imagine to live," says ending the season final career 43-year-old German.
He is currently taxed quite legally a single rate. His income is pinned to € 210,000.
Enjoy tax havens in Switzerland wealthy and pay 5 times the annual rent for your stay as a tax. For Lake Geneva mansion with 55 rooms Schumacher this makes a total of 1.65 million. Per year. He moved there in 1996. Back in Germany is off. Schumacher has a house in Dubai.
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