I'm sure that this has been posted about thousands of times, but I'd prefer up to date information, and my question has many parts. Sorry for any double posting
Two of my friends and I are considering getting internships in Geneva during the week, and then travelling up to Valais where my parents live (just moved), on the weekends.
Could I please have some advice on what to expect rent and utilities-wise, salary (we're going for jobs in banking), transport, tax, and visas.
1) Is living in France and commuting into Switzerland each morning a good idea? Is the border tighter now as a result of the the attacks in Paris?
2) How does income tax work? What's the minimum to be taxed on, is it done as a minimum monthly salary, or as a gross income p.a.?
3) As non-residents how do we get insurance on a car?
4) As non-residents but EU citizens, do we need any special work permits as Switzerland is still part of the European Economic Area?
5) Is it worth getting a car if: we are travelling across the border on a daily basis, and travelling to Valais every weekend?
6) Salary wise, what can we expect? One of my friends has a degree in business from an Ivy League University, the other has a degree in Physics from Bath in the UK, and I have graduated from high-school. Many of you may say that I won't get a job in finance, but fortunately one of my dad's childhood friends broke the trend of being bluecollar workers and became a bigshot in the banking world so I have an in - legitimate or illegitimate as it may be. So what will we be expecting from UBS/Credite Suisse/Agricole etc as a salary for interns working for 6 months?
7) Are there any other vital pieces of information that we should know about?
Thanks for the help, and from what I've seen of the forums everyone seems really supportive, and helpful.