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Pros and cons of living in Switzerland: What expats need to know

Updated on July 23, 2024

Switzerland is a great destination for expats, but every nation has its ups and downs. If you’re new to the country, or if you’re just in the process of planning your move, you should know what to expect. We’ve got the biggest advantages & disadvantages (plus how to deal with them!) about life in Switzerland laid out for you:

+ Pro: High wages & standard of living

Switzerland has some of the highest wages in the world, coupled with an excellent standard of living. From top-notch public services to well-maintained infrastructure, life in Switzerland ensures comfort, peace and quality.

- Con: High cost of living

However, the high standard of living comes at a price. Switzerland is one of the most expensive countries to reside in, with costs for housing, groceries, and services often significantly higher than in other countries. Prices are going up too, even if inflation hasn’t been as severe as in neighboring countries. Luckily, wages are still more than enough to cover the cost of living, especially if you budget efficiently. 

+ Pro: The health care system

The Swiss health care services are renowned for their quality. Residents have access to excellent medical care, cutting-edge treatments, and a wide network of highly qualified professionals.

- Con: Also the health care system

For many, the health care system can be complex and expensive. The average family of 4 will have to pay well over CHF 1'000 a month just in health premiums (you’re also obligated to be insured)! To manage this burden, we’ll help you find the best health insurance options to suit your needs and budget, as well as handle all your paperwork.

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+ Pro: Beautiful natural scenery

Switzerland is famed for its breathtaking natural beauty. From the majestic Alps to pristine lakes, the country's landscapes offer endless opportunities for outdoor activities and relaxation. Whether you’re into skiing, hiking, or simply enjoying the view, Switzerland's scenery is a major draw.

- Con: Finding an apartment

Finding housing in Switzerland is no easy task. The rental market is expensive and competitive, especially so in city centers. On the bright side, with Switzerland's excellent public transport connections, you can choose a more affordable apartment outside the city center and still have a manageable commute to work. Check out our guide on finding housing in Switzerland to learn more.

+ Pro: Safety & stability

Switzerland is known for its safety and political stability. Low crime rates and a secure environment make it an ideal place to raise a family. There is a general peace of mind in the population that you won’t find anywhere else.

- Con: A quiet life

Switzerland is a country that values stability over excitement, and some expats might find that life outside a major city can be a little dull. This is even though large cultural events like festivals, parades, and concerts are extremely popular. So the Swiss do like to have fun – just at designated hours.

+ Pro: Great for entrepreneurs

Switzerland’s business-friendly environment is perfect for entrepreneurs. With a strong economy, robust infrastructure, and supportive policies, starting and growing a business here is highly advantageous. Did you know that around 30% of all new companies here are started by expats? We’ll personally support you in forming your enterprise to make sure you can focus on your core business.

- Con: Taxes are complex

Switzerland’s taxes work on a leveled system (federal, cantonal, and municipalities) for both individuals and enterprises. While the actual amount of tax contributions is reasonable, managing and filing your tax returns is a daunting task, especially for expats and ANobAG. Our tax consultation is here to take a load off your shoulder and optimize your returns.  

+ Pro: Excellent education

The Swiss education system is top-tier, offering excellent public and private schools, as well as prestigious universities. This makes the country a great destination for parents (you also have a wide choice of multilingual schools).

- Con: Making friends can be hard

Despite the excellent quality of life, some expats find it challenging to make friends and integrate into the local community. The Swiss can be reserved, and breaking into social circles takes time. But you don't have to feel lonely: City Mates is an innovative app that connects you with like-minded individuals for fun activities and self-organized events - be it a hiking session, a board game night, or just a happy hour beer. If you too are a newcomer to Switzerland, hop on City Mates today to find your community and form real friendships. 

We hope that that this list can help you live life in Switzerland to the fullest & deal with any obstacles in the way. If you have any question, Expat Services Switzerland is here as your personal insurance, pension, and tax partner – contact us now.

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Evgeniy Timoshenko

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