Expats in Switzerland: What really matters when starting fresh

Calm, safe, stable – yet right in the heart of the international scene. In 2025, Switzerland remains one of the most attractive countries for people looking to advance their careers while enjoying a high quality of life.

What stands out: Despite global uncertainty, Switzerland continues to offer stability. Unemployment is low, and salaries are among the highest in Europe. The Swiss franc? As stable as ever.

But it’s not just about the numbers. Life here means clean air, reliable public transport and cities where you feel safe even late at night. Nature lovers don’t have to go far – lakes and mountains are usually just a train ride away.

Cities like Zurich, Geneva, Basel and Lausanne are truly international. English is widely spoken in offices, lunch breaks are multilingual, and colleagues come from all over the world.

Roman Balzan, CMO at Alpian, knows exactly what he’s talking about – even if he isn’t an expat. Born in St. Gallen and now living in Zurich, he keeps a close eye on how his home country is evolving:

"Switzerland is calm yet powerful, modest yet wealthy, welcoming yet reserved. At first, that might seem contradictory – but that’s exactly what makes it special."

Why do expats move to Switzerland?

Career, clarity and quality – that sums it up well. Many expats come for professional reasons. Sectors like finance, IT, pharmaceuticals and engineering offer outstanding opportunities.

Conditions are often better than elsewhere: more holiday, clearly defined working hours, and a real respect for work-life balance.

Families benefit too. Healthcare is world-class, international schools are available – and the high level of safety makes it a great environment for children to grow up in.

Then there’s the cultural diversity: four national languages, rich traditions and modern cities. Living here, it becomes clear how well the past and future can work together.

Switzerland’s political neutrality and economic reliability are not to be underestimated either. In a world in constant flux, Switzerland stands for consistency.

“In an uncertain world, Switzerland offers reliability – from the legal system and low inflation to political neutrality,” says Roman Balzan. “That builds trust.”

What’s the cost of living in Switzerland?

In short: a lot. But it depends on how you look at it.

According to Mercer, Zurich and Geneva are among the most expensive cities in the world. Rent? Expect to pay around 3,500–4,000 CHF per month for a well-located three-room flat.

Other costs include:

• Mandatory health insurance

• Public transport passes or a car

• High grocery and restaurant prices

The good news? Salaries are usually high too. And taxes? Relatively moderate by international standards.

Still, preparation is everything. If you’re new to Switzerland, it’s wise to set a realistic budget. Planning for currency fluctuations and having a transparent banking solution for international transfers can help you avoid unpleasant surprises.

“It’s definitely worth creating a budget and comparing prices,” says Roman Balzan. “With smart planning – like choosing a low-cost bank for international transfers – unnecessary costs can be avoided.”

Getting your finances right: What expats need to know

Switzerland is known as a financial hub. For expats, that means there’s a lot to understand.

Key areas to focus on from the start:

• Health insurance:
  Basic insurance is mandatory. It’s worth comparing providers and plans – from deductibles to additional cover.

• Taxes:
  There are major differences between cantons. First-time tax filers are often surprised – online calculators, tax advisers or HR teams can be a big help.

• Banking:
  A Swiss account is essential – for your salary, rent and insurance. But not all accounts are the same.

“Banking is one of the first topics expats ask about,” says Roman Balzan. “Do I need a Swiss account? How can I avoid high currency exchange fees?”

That’s where Alpian comes in, offering:

• Multi-currency accounts (CHF, EUR, USD, GBP)

• Very competitive exchange rates

• Account opening in minutes via app (available in English too)

• No monthly fees

• Deposits legally protected up to 100’000 CHF

If you live between countries and currencies, you need a bank that thinks globally and works locally. Alpian delivers both.

• Pillar 3a and pensions:
  If you’re planning to stay long term, it’s worth learning about the Swiss pension system – especially the voluntary third pillar, which offers tax benefits.

Open your free multi-currency bank account in only 10 minutes.

Download the Alpian app

How can expats find a job in Switzerland?

Unlike in many other countries, not everything happens through job boards.

Many roles are filled through personal connections. “Vitamin B” – standing for Beziehungen (connections) – is not a cliché, but a fact. So: network actively. LinkedIn, industry events or recommendations from friends are often the best starting point.

Also important:

• A complete CV in the Swiss style (including photo and references)

• A tailored, specific cover letter

• Language skills – even a “I’m learning German” makes a good impression

EU/EFTA citizens have relatively easy access to the labour market. It’s harder for third-country nationals – but not impossible. Skilled professionals are in high demand.

Use every possible channel: specialised job platforms, recruitment agencies, career fairs. Persistence pays off – even in Switzerland.

How can expats find a flat in Switzerland?

To be honest? It’s not easy. The housing market is tight, especially in big cities. The national vacancy rate in 2024 was just 1.6%.

What helps:

• Checking platforms like Homegate or ImmoScout24 daily

• A complete application file with all documents

• A short, friendly and convincing cover letter

And yes – again – “Vitamin B”. Many flats are rented out informally. Talk to colleagues, check Facebook groups, look at noticeboards.

Flexibility makes a difference. Being open to a temporary furnished flat gives you better chances of finding a long-term place once you’re here.

And don’t forget to check the lease: minimum rental period, notice period, additional charges. A bargain at first glance can turn out to be expensive later.

How can expats integrate into Swiss society?

Switzerland is friendly – but reserved. Understanding that makes life easier.

A simple “Grüezi” or “Bonjour” goes a long way. In Switzerland, saying hello is basic courtesy – just like punctuality, consideration and speaking softly.

Roman Balzan sums it up:

“Wherever you go … say hello to everyone … the Swiss see that as polite.”

Language is a key to integration. Even if English is enough for work – speaking German, French or Italian in everyday life opens doors.

His advice for expats:

“Think of learning the language as an adventure – it will help you access Swiss culture and friendships in a rewarding way.”

Also helpful: clubs and associations. Whether sport, music or parenting groups – Switzerland has a lively community scene. Getting involved helps you feel part of it.

What challenges should expats expect?

As charming as life in Switzerland is – there are still a few bumps along the way.

1. Language: Administrative tasks, doctor’s appointments, rental contracts – without local language skills, things get difficult. And dialects can be confusing, even for advanced learners.

2. Culture: Swiss people aren’t cold – just a bit more reserved. Being too direct or demanding can come across as rude. Politeness, restraint and reliability go a long way.

3. Cost: Yes, we’re mentioning it again: Switzerland is expensive. Without a clear budget, financial stress can build up. Financial planning is not a luxury – it’s essential.

None of this is dramatic – if you’re prepared. And if things get tough: There are many support services, communities and advisory centres for expats to make things easier.

Conclusion: A new life in Switzerland – rewarding with the right preparation

In 2025, Switzerland remains a magnet for expats. Because in uncertain times, it offers stability. Because it combines professional opportunity with exceptional quality of life.

But: A smooth start takes planning. Housing, language, networking, finances – preparation helps avoid many pitfalls.

And because money matters, it’s worth choosing a bank that truly understands international lifestyles.