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 do I need to know before retiring in Switzerland?
- How do I meet people in Switzerland?
- What is life like in Switzerland?
- 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?
- Is the cost of living in Switzerland high?
- What advice do you have for expats having a baby in Switzerland?
- What are healthcare services like in Switzerland?
- Is the cost of living in Switzerland high?
- What type of recreational facilities are in Switzerland?
- What is the weather like in Switzerland?
- Are there good restaurants in Switzerland?
- Where will I buy groceries and do other shopping in Switzerland?
- What are the visa & residency requirements in Switzerland?
- Are healthcare and health insurance expensive in Switzerland?
- What do I need to know when buying property in Switzerland?
- Are foreigners allowed to own property in Switzerland?
- What appliances are typically included in a rental?
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.