With salaries higher than in most countries, Switzerland seems like the dream destination where it will be easy to live a life of luxury. Unfortunately the reality is not quite so simple and the high cost of living often puts an end to people's dreams of luxury and savings. Here we help you to understand how much it really costs to live in Switzerland. The simple (unscientific but quite accurate) rule is that you should spend no more than a 1/3 of your income on your housing, count on another 1/3 going towards fixed costs (like insurance, amenities and transport) and the last 1/3 being for your day to day costs. On top of that the 13th month of salary is
Taxes in Switzerland are levied at three levels: federal, cantonal and municipal. Due to the
In Switzerland, sole proprietorships, partnerships and legal entities (stock corporations) have bookkeeping and accounting requirements.
Even the Swiss have trouble fully understanding their income tax system. The array of taxes,
Lil Partner | Key Investment Financial Services The complexity of the insurance, banking, and tax systems