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Switzerland | Where should I setup a bank account in Switzerland? | Expat Exchange
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Ascona on Lake Maggiore in Switzerland

Where should I setup a bank account in Switzerland?

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Universal Tax Professionals
Universal Tax Professionals
Universal Tax Professionals
Universal Tax Professionals

We asked expats in Switzerland what banks they use and there advice about banking. They advised...

"Before retiring in Switzerland, expats should be aware of the high cost of living in the country and the fact that an outsized portion of income may be dedicated to taxes. Expats should also be aware of the fact that to be a Swiss resident, one needs to have a valid residence, work document, or official permit and secure proper health insurance coverage. Furthermore, expats should research the various visa and permit options and requirements depending on their intended housing, work, or residency status. It is important to familiarize oneself with Swiss customs, cultural norms, and language in order to foster integration into Swiss culture. Lastly, visa and residency regulations are subject to change, so expats should be keeping up to date with the latest information," wrote a member who made the move to Switzerland.

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Other Questions:

Where should I setup a bank account in Switzerland?

If you live in Switzerland, newcomers to Switzerland would love to hear your answer to this question.

If your answer relates to a specific city or town in Switzerland, please include the name of the city/town below:


About the Author

Betsy Burlingame 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.

Ascona on Lake Maggiore in Switzerland
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