What do I need to know before retiring in Switzerland?
When we asked people what advice they would give someone preparing to move to Switzerland, they said...
"1. It is important to research both Swiss federal law and local canton laws as these will impact your financial and lifestyle decisions as a retiree in Switzerland. 2. Consider taking language courses or hiring a translator to ensure you can effectively communicate with Swiss authorities and banks. 3. Research banking options to find the best plan for you, including checking cantonal banking services and account providers. 4. Make sure to have comprehensive health insurance in order to receive public health care benefits. 5. Look into tax treatment of your pension income and any other sources when determining how much of your pension income is taxable. 6. Check if residence permits are necessary for yourself or your family members when looking to live in Switzerland for over three months. 7. Examine cost of living before retiring in Switzerland, taking into account accommodation, groceries, transportation and other miscellaneous expenses. 8. Understand the social and cultural norms in Switzerland to ensure a smooth integration process into Swiss society," remarked another expat who made the move to Switzerland.
"Put a good dent in learning German before you get here. People are much more easier to deal with if you can speak to them in German," explained one expat living in Basel, Switzerland.
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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?
What do I need to know before retiring 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.