Should I buy or rent a home in Switzerland?
If you have not spent a lot of time in Switzerland, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Deciding whether to buy or rent a home in Switzerland may depend on a variety of personal factors, such as budget, desired location, timeframe, and housing needs. Generally, purchasing a home may offer more long-term stability than renting, but it may also involve higher up-front costs, such as down-payments, closing costs and various taxes. Renting generally delivers more flexibility, but renters may also have to deal with fluctuating rental rates and shorter-term agreements. By considering one’s needs and financial means, one can make an informed decision about buying or renting in Switzerland," said another expat in Switzerland.
Other Questions:
- What should I pack when moving to Switzerland?
- Where should I setup a bank account in Switzerland?
- Will I be able to find a job in Switzerland?
- What is life like in Switzerland?
- What do expats in Switzerland appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Switzerland?
- Is there a lot of diversity? Are people in Switzerland accepting of differences?
- What are the schools in Switzerland like?
- What are healthcare services like in Switzerland?
- What are medical services in Switzerland like?
- Are healthcare and health insurance expensive in Switzerland?
- What are emergency services like in Switzerland?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Switzerland?
- How are local medical facilities in Switzerland?
- As a foreigner living in Switzerland, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
Should I buy or rent a home in Switzerland?
If you live in Switzerland, newcomers to Switzerland would love to hear your answer to this question.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.