Should I buy or rent a home in Switzerland?
If you have not spent a lot of time in Switzerland, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Deciding whether to buy or rent a home in Switzerland may depend on a variety of personal factors, such as budget, desired location, timeframe, and housing needs. Generally, purchasing a home may offer more long-term stability than renting, but it may also involve higher up-front costs, such as down-payments, closing costs and various taxes. Renting generally delivers more flexibility, but renters may also have to deal with fluctuating rental rates and shorter-term agreements. By considering one’s needs and financial means, one can make an informed decision about buying or renting in Switzerland," commented one expat who made the move to Switzerland.
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Other Questions:
- What do I need to know before moving to Switzerland?
- How do I find a place to live in Switzerland?
- What is a typical expat home or apartment like in Switzerland?
- What is the average cost of housing in Switzerland?
- Should I buy or rent a home in Switzerland?
- What should I pack when moving to Switzerland?
- What cultural faux pas should I try to avoid making in Switzerland?
- Why do people move to Switzerland?
- What are healthcare services like in Switzerland?
- What are medical services in Switzerland like?
- What are typical rents in Switzerland?
- What appliances are typically included in a rental?
Should I buy or rent a home 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 one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad 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.