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Old 02.03.2020, 15:05
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Leaving Switzerland and buying main residence abroad 2nd pillar

Dear All,

Yes I've searched and only found 1 or 2 topics but with inconclusive answers.

We (me and Wife) are considering moving to another country - most likely Sweden

Does anyone know if it's possible to cash out the 2nd pillar with the purpose of buying the main residence there?
We've heard horror stories about renting in Sweden (and the time you spend on the queue), and looks like if we do move that buying could be a more conscious decision.

Now, it would be interesting to use 2nd pillar savings for that. Is it possible/allowed?

Thank you!
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Old 04.03.2020, 10:30
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Re: Leaving Switzerland and buying main residence abroad 2nd pillar

anyone?
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Old 04.03.2020, 10:53
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Re: Leaving Switzerland and buying main residence abroad 2nd pillar

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Dear All,

Yes I've searched and only found 1 or 2 topics but with inconclusive answers.

We (me and Wife) are considering moving to another country - most likely Sweden

Does anyone know if it's possible to cash out the 2nd pillar with the purpose of buying the main residence there?
We've heard horror stories about renting in Sweden (and the time you spend on the queue), and looks like if we do move that buying could be a more conscious decision.

Now, it would be interesting to use 2nd pillar savings for that. Is it possible/allowed?

Thank you!
I have been told it can be done, but I don't have any personal experience unfortunately. I think the simplest way would be to call your 2nd pillar compagny.
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Old 04.03.2020, 11:29
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Re: Leaving Switzerland and buying main residence abroad 2nd pillar

I once read from a Belgian couple leaving CH. They got a mortgage in Belgium to buy the house. Then they requested a transfer from their Swiss Freizuegigkeitskontos, transferred straight into their mortgage account. So they used their 2nd Pillar, but never actually touched the money.

I do not know the details. One question I had, for example, is if the available funds in the 2nd pillar can be seen as " own capital", or that one has to be able to get a mortgage "on his own" and just use the 2nd pillar to pay it back faster. Still, it can be done.

Best regards, Erik
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Old 04.03.2020, 11:33
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Re: Leaving Switzerland and buying main residence abroad 2nd pillar

Does this perhaps help, as a start?
https://www.ch.ch/en/going-to-live-abroad/
https://www.ch.ch/en/financing-homeownership/
https://www.ch.ch/en/withdraw-pension-early

If you scroll down, at the end of each page there are links to further information.
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