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Old 02.01.2020, 22:30
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Re: Can I take out a mortgage in Switzerland for a property abroad?

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There are also some EU countries like Poland, Hungary etc where some have taken out Swiss franc mortgages precisely because the interest rate is low. But this is with local banks and has led to misselling scandals and is still a potential source of future problems should the Złoty or Forint fall in value because the debt to repay effectively increases.
The EU directive makes this pretty much impossible now. The quick summary is that if a bank give you a mortgage loan for a property in the EU and it is not in the same currency as that which you are paid in, then they are left very exposed for the FX consequences of the loan.
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