Where should I setup a bank account in Switzerland?
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," remarked 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?
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.
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.
