Some people may be interested in keeping their Swiss bank accounts open when they leave the country. Whilst it may be possible to keep your Swiss banking arrangements in place when you leave the country it is important to ask your individual bank for advice before leaving.
What do I need to know before moving to Switzerland?
Here are some of the most critical aspects you should consider before calling Switzerland your new home.
- Swiss money.
- Transport and the Swiss travel system.
- Cantons.
- Sport.
- Language.
- Shopping in Switzerland.
- Festivals, holidays and annual events.
- School and healthcare.
How hard is it to move to Switzerland?
If you meet the requirements, the process of moving to Switzerland is fairly simple. The greatest hassle you will face is filling out all of the paperwork required to transfer your goods from one home to another.
What is the cheapest city in Switzerland?
canton of Uri
The canton of Uri is consistently making the cut as the cheapest place to live in Switzerland. Its comparatively cheap property costs are, of course, a big draw. However, the canton also offers relatively low tax rates.
What to do with your savings when you move to Switzerland?
If you receive part of your income in Switzerland (by renting out your home, for example), keeping your Swiss private account open after your move is very convenient. Additionally, you may have savings which you would prefer to keep in your Swiss savings account rather than transfer to a weak-currency account elsewhere.
Can You Keep Your Swiss health insurance after you leave?
However, there are exceptions to this rule. For example, you can keep your mandatory Swiss health insurance policy for up to 6 years if you work for a Swiss company or a Swiss government agency while abroad. You can also keep your obligatory coverage after you leave Switzerland until you actually settle in another country.
Can you have a Swiss bank account outside of Switzerland?
Unfortunately, many Swiss banks are no longer keen on providing bank accounts to people living outside of Switzerland. The same holds true for Swiss citizens who move abroad. Depending on your bank, you may have to pay high “non-resident” fees.
Can a non resident open a PostFinance account in Switzerland?
PostFinance does not charge non-resident fees for savings accounts. Make sure to open your new account before giving up residence in Switzerland. Opening a Swiss account as a non-resident is difficult. 2. Can I continue to make Swiss social security contributions?
