I am curious, why not go to a country that levies zero wealth tax?
They would not be paying that. They would be paying a lump sum as foreign residents who aren't earning income in Switzerland
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Income tax is not the same as wealth tax though
You're missing my point, rules are different for foreign residents. You can pay a lump sum (i.e. a fixed amount of francs, not a percentage of income/wealth) as a foreign resident in Switzerland.