Do you want to emigrate? What you need to know about pensions.
Every year, thousands of Swiss people decide to move abroad. There are many reasons for this: love, career, a thirst for adventure or the desire for a self-determined new start. But amongst all the excitement and preparations, one important aspect is often neglected: pensions. We have summarised the key tips on how to best manage your pension fund and plan other elements of your future provisions when emigrating from Switzerland.
Staying in a rental apartment or buying your own home – what is best for you? There’s no one right answer to this. Both types of housing have their advantages and disadvantages. We will show you the main differences as well as the important factors to consider so that you can be self-determined in choosing what is currently best for your situation.
Tying the knot in Switzerland: what are the financial pros and cons?
Are wedding bells about to ring? Or are you thinking of popping the question soon? While preparing for a wedding may be exciting, it is also very important to consider how getting married will affect your finances and pension arrangements. Swiss Life provides a useful overview of the main advantages and disadvantages of getting married in Switzerland – for a self-determined future together.
Are you saving with pillar 3a? Start the payments at a young age
If you start paying into your 3rd pillar every year while you are still young, you not only save on taxes, but make a profit as well. This profit – the return – accumulates in your pillar 3a and increases exponentially every year due to compounding. That is why the sooner you start paying into your pillar 3a, the more money you will have when you retire.