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Old 25.04.2015, 10:02
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Retirement for EU in Switzerland

I am 64 female and want to live in Switzerland. I just got my residence permit because my daughter lives here. How would it be possible for me to live here continuously on a capital of CHF 300,000. How can I best invest it to get a guaranteed income so I can live independently. What about annuity?
Any financial experts out there, your advice would be appreciated. Thanks
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Old 25.04.2015, 10:37
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Re: Retirement for EU in Switzerland

It depends very much on WHERE you want to live within Switzerland.
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Old 25.04.2015, 10:52
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Re: Retirement for EU in Switzerland

In Vaud, Montreux or later around Zurich according to where my daughter will be placed
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Old 25.04.2015, 10:59
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Re: Retirement for EU in Switzerland

Sorry to disapoint you but a Chf 300k capital, even invested at 10% (which is already ultra high risk) you only got Chf 30k to live on, not enough.

For comparison, bank interest rate is 0.5% (if you're lucky)
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Old 25.04.2015, 11:58
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Re: Retirement for EU in Switzerland

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In Vaud, Montreux or later around Zurich according to where my daughter will be placed
Some the more expensive places in CH. Sorry, but it seems rather difficult - unless your daughter decides to support you.
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Old 26.04.2015, 09:51
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Re: Retirement for EU in Switzerland

Thanks. Just thought I would find some investment instrument that I am not aware of but I understand any high returns would mean high risks.
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