IDEAS home Printed from https://ideas.repec.org/a/oup/econjl/v135y2025i668p1388-1409..html
   My bibliography  Save this article

Mobility Responses to Special Tax Regimes for the Super-Rich: Evidence from Switzerland

Author

Listed:
  • Enea Baselgia
  • Isabel Z Martínez

Abstract

We use a novel rich-list dataset to estimate the sensitivity of the location choices of super-rich foreigners to a special tax regime, under which wealthy foreigners are taxed based on their living expenses, rather than their true income and wealth. We are the first to show that, when some Swiss cantons repealed this controversial policy, their stock of super-rich foreigners dropped by 43% as a consequence. We find no response for the Swiss super-rich, who were unaffected by the policy change. The implied wealth and income tax mobility elasticities range between 28.4–32.2 and 1.4–1.5, respectively.

Suggested Citation

  • Enea Baselgia & Isabel Z Martínez, 2025. "Mobility Responses to Special Tax Regimes for the Super-Rich: Evidence from Switzerland," The Economic Journal, Royal Economic Society, vol. 135(668), pages 1388-1409.
    • Handle: RePEc:oup:econjl:v:135:y:2025:i:668:p:1388-1409.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1093/ej/ueae101
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:econjl:v:135:y:2025:i:668:p:1388-1409.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press or the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/resssea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.