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💸 Money Tips for Expats in Switzerland: Make Your Money Work Hard for You 💸


Living in Switzerland comes with unique financial opportunities if you know how to make the most of them. Here are some practical tips to grow your savings, reduce taxes, and maximise your financial potential in 2025:


1️⃣ Maximise Your Pillar 3a Contributions:For 2025, you can contribute up to 7,258 CHF to your Pillar 3a. This reduces your taxable income and builds your retirement savings—a win-win for your finances.

2️⃣ Boost Your Pension Savings:Pay the maximum percentage into your pension and consider voluntary contributions. These are tax-deductible and enhance your retirement fund. Consult with your pension provider to explore your options.

3️⃣ Consider a Mortgage Instead of Renting:In Switzerland, mortgages are often cheaper than renting, with lower monthly payments. Additionally, mortgage interest is tax-deductible, and you can use up to 10% of the 20% cash deposit from your 2nd or 3rd pillar pension funds. Biotech professionals, check with your employer—many offer mortgage discounts!

4️⃣ Take Advantage of Employee Stock Plans:Many biotech companies offer shares or stock options to employees. Taking part in these programs can yield significant benefits, including dividends when the share price increases. It’s a great way to grow your wealth over time.

5️⃣ Be Strategic with Subscriptions:Cut unnecessary expenses like Amazon Prime, which offers limited value in Switzerland. Redirect these savings toward your Pillar 3a or investments.

6️⃣ Mindful Grocery and Medicine Shopping:Plan your grocery and pharmacy purchases carefully. Products like ibuprofen, paracetamol, and basic allergy medicines are significantly cheaper in neighboring France and Germany—often just a few cents compared to 5 CHF in Switzerland. Organize your shopping trips when traveling to stock up on essentials and save money. Additionally, groceries in border regions often offer better deals, making cross-border shopping a great way to stretch your budget.

7️⃣ Leverage Public Transport Discounts:Consider investing in a Halbtax card (half-fare travel card, tip: your employer may also pay for this card) or multi-trip passes if you use public transport regularly. These can save you hundreds of francs annually.

8️⃣ Review Insurance Options:Regularly compare health insurance premiums and adjust your deductible to fit your needs. Small adjustments can result in significant savings.

9️⃣ Set Clear Financial Goals:Use apps or budgeting tools to track expenses and set savings targets. Clear goals help you stay focused and allocate funds effectively.


With these tips, you can grow your savings, reduce taxes, and build a solid financial foundation in Switzerland. Proactive money management ensures stability and growth for the years ahead.


⚠️ Disclaimer: This post does not constitute financial advice. Always seek personalised advice from a professional finance expert to ensure the best decisions for your individual circumstances.

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