Switzerland
Switzerland has long been considered one of the most desirable countries for ex-pats to relocate to, thanks to its delicious Lindt chocolate, glistening lakes, and stunning Swiss Alps. So, what draws everyone to Switzerland? Is it just because it is the best? For many years, Switzerland has been a favorite skiing destination for visitors from all around Europe. In the summer, the alpine beauty makes it a hiker's dream, and the picturesque towns and cities are steeped in history. It's no surprise that Switzerland continues to be a popular tourist destination year after year. Let’s look at what it's like to live there, though?
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You'll need to budget if you're going to the most expensive country. Living in Switzerland is not inexpensive, and you'll have to budget for various expenses. However, it is home to one of the highest living standards in the world, so perhaps it is all worth it. In general, your spending will be determined by your way of living. There are some bills that cannot be avoided, such as health insurance, internet, and energy, but there are others where you may save money.
Let’s look at other necessary expenses.
Food in Switzerland
Switzerland is famous for its world-class culinary scene. The country has the best cheese and chocolate, but there's a lot more to see and do. Diverse cuisine is created by combining German, French, and Italian elements. Popular cuisines differ by region, with local ingredients and flavors being used in each.
A meal for two costs around 100 CHF on average in a restaurant. It might cost roughly 120 CHF in Geneva and Zurich and around 70 CHF in Bern and Lausanne. Shopping for food varies by canton, with a simple grocery list of milk, bread, eggs, potatoes, cheese, and apples costing between 30 and 40 CHF on average. Zurich is at the top of the scale, while Lausanne is at the bottom.
Medical costs in Switzerland
Switzerland's healthcare system is governed at the cantonal level. You will have to pay for your healthcare wherever you go, but the price may vary. Everyone has access to inexpensive health insurance, but you must pay for it yourself. PrimApp gives customers the freedom to have their health insurance comparison online. The tool is available in four languages: German, Italian, and French.
This may appear to be rather costly, but it is quite affordable in comparison to the United States. Every one is insured, regardless of their employer - while many firms (particularly in the large pharmaceuticals industry) provide private health insurance to their employees. You can do it yourself, but you'll need a lot of money, and most high-paying professions already provide it as a benefit.
Banking in Switzerland
Switzerland, as a well-known tax haven, has a well-established financial infrastructure. The banking system's strength – which accounts for just under 10% of the country's GDP – is a significant reason living here is so expensive. They have their own currency, the Swiss Franc (CHF), one of the world's most powerful currencies.
Opening a bank account is quite simple for ordinary people. Expats will need evidence of address, a residency permit, and some money (usually 100 Francs). All of this can be done before you even arrive in the nation, but it'll be much easier if you wait until you're already there.
Schools and education
In Switzerland, local state-funded schools are good, and children can take advantage of free language classes for ex-pat children. Because children learn languages quickly, this is perfect for relocating families. Schools differ depending on the canton in which they are located. Each canton determines the languages taught in schools and the duration of the school day.
Visas and becoming a citizen
Although Switzerland is not a member of the EU, it has embraced several of its policies. As a result, EU individuals with a valid residence permit can live and work in Switzerland. People can hunt for a job for three months if they have not previously had a work contract before relocation. It is possible to extend this period to six months. Prior to migrating, citizens from outside the EU must have a guaranteed job contract and a work permit. To become a Swiss citizen, one must have lived in the nation for twelve years. From 2017, the period will be ten years.
So, how do we feel about moving to Switzerland? It all depends on what you hope to gain from relocating to a different country. Switzerland has high incomes, pleasant cities, and beautiful landscapes, but it's also quite costly, and many individuals find it difficult to make friends. As soon as you arrive, attempt to form a robust social network if at all possible. Everything will be a lot easier as a result of it.
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