Living in Zurich, The World's Most Expensive City

[@qhilip]

Very useful! Just got a job offer and moving from Barcelona to Zurich within 1-2 months.

[@MoneywithCarla]

@@qhilip congrats!

[@JohanWilken-y9u]

Very insightful!

[@durvesh_maharaj]

My wife is a CA( SA) your guidance on landing a role in Europe would be great!

[@juanitaswart5110]

Thank you so much for your insightful videos Carla! I'm curious-what made you decide to move to Switzerland and not, for example, the Netherlands?

[@MoneywithCarla]

I actually lived in the Netherlands before 😄 loved it. My husband is Swiss and we "escaped" here from London during Covid and never moved back.

[@ugniustendziagolskis5153]

@@MoneywithCarla we currently live in London and are looking at moving to Zurich with 3 kids. It would be great if you would cover regarding which canton is best place to live regarding tax and education as 2 kids are going to school.👍🏻

[@miladfrqn.3093]

Hi Clara. Thx for making this quality piece. One question. What are the standard working hours of Kitas in Zürich? 9 to 5? Do they cover up the business hours of parents?

[@MoneywithCarla]

@@miladfrqn.3093 yes they cover working hours! Usually 7:30am until 6pm, some have options to pay for extended hours.😊

[@mitchellcooke720]

Swiss prices = California prices.

[@thebunk125]

Hi I have one exam to go and Ill be chartered as well, can non German speakers get work? What is the average salary for an accountant?

[@pieter-steyndewet5347]

Hi Carla, baie dankie vir jou interresante videos. Dit is baie insiggewend. Watter land tussen Switzerland en Nederland in jou opinie maak die meeste finansieel sin in terme van cost of living teenoor salaries earned?

[@MoneywithCarla]

@@pieter-steyndewet5347 Switzerland for sure, if you're purely looking at how much you're able to invest monthly.

[@jointhewild]

Wow! Super expensive! Interesting to see what you spend and how much it realistically costs. Groceries are superrrr expensive!!! Why is Zurich so expensive?

[@mkaizen1756]

Please, explain to US why its so expensive to live in SWITZERLAND? U re living in a very blessed country in terms of beautiful nature, sightseeings, mountains and have the best car traffic system monitoring system and efficient transportation. The quality of life is awesome, but considering ECONOMY development i couldn´t understand why everything needs to be very expensive.

[@ameise4038]

Capital of the black money,but it's so beautiful...!

[@blub-tf6rt]

Best city. Come visit us

[@vjanec_]

What is the average cost of a car?

[@jahmarsshiva5064]

Well I live in Zürich all My live. The price is high! The food is good live here you get up and go to work. That's all.

[@paulmgobozi9208]

@carla thank you for the amazing topics. A future topic to consider please. Is Tax emigration, with such a high tax rate in SA. A the costs of private schools , along with the concern in safety. Dubai is always in most people’s list. But Mauritius which I have traveled to often seems as a better option. Especially for a professional that can remotely work while still working with SA clients mostly. Could you do a podcast on SA tax laws with Mauritius. I understand there are new laws that limit double taxation. But does that apply even if you still do a lot of business in SA while you reside in Mauritius? Thank you.

[@MoneywithCarla]

Thanks for the suggestion, Paul. This topic is popular- a video is needed 👌🏻

[@paulmgobozi9208]

⁠@@MoneywithCarlajust to make it more complicated if possible - Mauritius seems to be targeted a 50+yr old range due to Tax benefits and government property investment? The other grey area is money being generated from SA while residing in Mauritius will that still be taxed by SA. ie residing in Mauritius for +91 days and remote working for SA entity. Will one need to still pay SA tax?

[@fullpurpose]

Living in ZH with one child and spend like 4K a month 😅

[@MoneywithCarla]

@@fullpurpose wow, how much do you spend on childcare? Or do one of the parents not work?

[@ImrankhadamImrankhadam-sf6gm]

Where are you from Mam.'

[@frikkiediehaai9477]

Hi Carla. Would you say your quality of life is better in Switzerland than it would be as a CA (and whatever job your husband does) in South Africa? Because I know many CAs and financial people in South Afirca and they live in freestanding houses, they don't have to go to another country to buy anything other than groceries, and eating meat is a common practice.

[@MoneywithCarla]

@@frikkiediehaai9477 good question! I think it's hard to get the South Africa meat, space and affordable restaurants & help anywhere else in the world! But it comes with other trade offs (safety, economic uncertainty, municipal services etc), like always. Luckily I get to spend 4-5 months a year in South Africa 😍

[@frikkiediehaai9477]

@@MoneywithCarla yes South Africans easily take for granted how affordable help (cleaners, nannies, gardeners) is here. I'm glad you still get to enjoy South Africa.

[@23drcharles]

How can you build lifetime equity without owning a home? The short-term apartments are fine but this does not build life wealth and legacy wealth. It seems to be a limited solution.

[@MoneywithCarla]

Not necessarily, the buy vs rent debate is worth having but something an entire video is needed for 😊

[@ImrankhadamImrankhadam-sf6gm]

❤😊 hello

[@HendreH]

Jy klink Afrikaans...

[@frikkiediehaai9477]

So Afrikaans soos boerewors op 'n roosterbrood.

[@Marissa821]

Horrified

[@terencehill3972]

In addition to the financial costs, one should also consider the psychological burden of living in Switzerland, after all, you are among the most materialistic and spiritless people in the world. Average salaries are heavily distorted by extravagantly high outliers, and the median is much lower. You seem to live in quite a well-off-people bubble. Are you aware that even in Switzerland most people live on 2000-3000 francs (or less) a month? Goodness. Welcome to reality.

[@MoneywithCarla]

@@terencehill3972 what did Switzerland do to hurt you? 😅 Also, for a family to spend 2k - 3k less than us, they would be about minimum wage earners. They also would not be able to afford childcare for kids

[@23merlino]

the official stastitic for mean salary, not average, over the whole working population is ca. 6000fr..

[@terencehill3972]

@@23merlino Here some more official statistics for you - 900,000 people in Switzerland live in poverty and 1,200,000 are close to poverty. Plus, when you are no longer taxed (no income after 2 years), you will no longer appear in any statistics, not even in the unemployment rate. Nice, isn't it?

[@23merlino]

@@terencehill3972 - i just checked your statistics at caritas,ch, you are 100% correct and are higher than i thought... however, i was commenting on you original comment "Are you aware that even in Switzerland most people live on 2000-3000 francs (or less) a month? " which according to official statistics is incorrect... eg; a full-time (ca. 172 hours/ month) supermarket cashier earns ca. 4000...